Skip navigation

Paying online?

The City of Denver recently implemented a security enhancement to better protect our online payment processing system.  As a result of this enhancement, we are no longer able to accept payments from non-current browsers. If you are using an older browser version, please upgrade your browser to the most current version so that you can access the online payment service.

City nets strong results for economic development in 2016

Office of Economic Development’s annual report shows direct influence on job creation and capital investment

A wide variety of investment strategies, focused on businesses, neighborhoods, workforce training and affordable housing, yielded strong results for the City and County of Denver last year, according to the Denver Office of Economic Development (OED) annual report released today.

The city’s various incentive, tax credit, loan, and training assistance programs helped 85 firms expand in Denver, collectively creating 2,968 new jobs and making more than $111 million in capital investments. OED’s efforts also supported the retention of 6,892 jobs.

“During this dynamic period of growth for Denver, we have maintained a laser focus on propelling the powerful momentum of our economy forward, supporting diverse commercial sectors, good jobs, strong neighborhoods and a fertile climate for entrepreneurship,” said Denver Mayor Michael B. Hancock.

Major job-boosting announcements that the OED supported in 2016 included BP Lower 48, TIAA, 2U, Romano’s Macaroni Grill, World Wide Technology, Evo, BOARDLife, Brooklyn Boulder, and eFolder.

The annual report outlines the tangible outcomes of the OED’s JumpStart 2016 strategic plan, including gains made in affordable housing, business recruitment, small business services, lending projects, neighborhood development and investing in a strong workforce.

Achievements highlighted in the annual report include:

  • Commitments to create and/or rehabilitate 579 affordable housing units throughout the city
  • Enhancing neighborhood vitality by supporting 36 separate neighborhood development projects with Community Development Block Grant funds
  • Serving more than 30,000 individuals with job search assistance through Denver Workforce Services
  • Supported catalytic development in Arapahoe Square by providing gap financing for the Rocky Mountain Public Broadcasting Network’s new headquarters and innovation center
  • Completed a comprehensive economic analysis to support the future creation of an agribusiness innovation area surrounding the National Western Center redevelopment
  • Led efforts to foster the development of mixed-income condominium development at two separate transit-oriented development sites
  • Increased access to contracting opportunities by growing the city’s business certification programs
  • Completed a comprehensive economic analysis to support the future creation of an agribusiness innovation area surrounding the National Western Center redevelopment
  • Led efforts to foster the development of mixed-income condominium development at two separate transit-oriented development sites
  • Increased access to contracting opportunities by growing the city’s business certification programs, with a total of 1,278 small and minority/women-owned firms earning more than $105 million from the city’s construction, professional services, and purchasing opportunities.

Copies of the annual report are available online at Denvergov.org/oed.