Denver, CO

Denver’s unprecedented growth seems to finally be coming to an end. The 2020 Census revealed that roughly one in five residents moved to Denver in the last ten years.

This kind of growth is simply not sustainable. Much of this growth came from residents moving to the suburbs rather than the city itself, and officials now must shift spending towards tying all of these disparate communities together. To that end, highways and commuter rail should be a priority in the coming years.

The market in Denver appears to be coming down from its peak last year. 2022 is shaping up to be more active than our previous estimate, however. The market is expected to taper off in the coming year as the residential sector cools. Residential construction swelled as people moved to Denver in droves. In the years ahead, we expect growth to come from healthcare, education, and infrastructure. Now that people have houses, they will need schools, medical care, and a way to get around the city.

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* Other structures include religious buildings, amusement, government communications, and public recreation projects.
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