Despite a June report from Dodge Data & Analytics that shows construction starts in Colorado down 4% from a year ago—and some sectors, such as nonbuilding, off as much as 58% from June 2017—contractors say they can barely keep up with the work that’s coming their way.
“The Denver and Front Range markets continue to be very strong but somewhat out of balance,” says Michael Leccese, executive director of ULI Colorado, referring to the varying performance of market sectors. However, with the start of megaprojects such as the renovation of I-70 through central Denver and extensive work at Denver International Airport, those market differences may even out.