Retail Development

Denver is a vibrant urban setting with an educated workforce, innovative national and international firms, strong spending power, and a beautiful natural setting - we are the perfect location for your business. As you assess he next home for your retail enterprise, let us assist you every step of the way.

We offer you a variety of support including:

  • Navigating city regulatory processes
  • Employee recruitment
  • Tools encouraging and rewarding job creation and investment
  • Small business financing
  • Data to help you determine whether Denver is the right opportunity for you, and a myriad of other services.

We look forward to welcoming you to Denver! 


Key Numbers

  • Total population: 715,522. Denver experienced a population growth rate of 19.2% between 2010 and 2020.
  • Median Household Income: $72,661
  • Per capita personal income: $85,411 
  • Retail space: 35.8 million square feet - 1.4 million currently vacant - 4% vacancy rate - $21.84 average lease rate
  • Number of yearly person trips: 27.7 million (2020 Denver Domestic Travel Market) broke into 14.2 million day trips and 13.4 million overnight trips
  • Total expenditures for Denver Domestic Travel Market: $5.3 billion (2020)

 

Retail Trade - Denver Jobs & Wages Snapshot

  QCEW 2020 EMSI 2021 (Q3)
All employees 491,687 519,091
Employees in Retail Trade (NAICS 44-45) 29,413 31,306
All Establishments 36,240 38,219
Establishments in Retail Trade 2,334 2,383
Average Income (all) $81,9174 $102,524
Average Income (Retail Trade) $41,000 $51,356

Numbers reported quarterly from the Quarterly Census of Employment and Wages (QCEW) 


Look Who is Already Here - Join Them!

Map of retail firms operating in Denver

 


Major Retail Nodes


Talent Pool

A core of young, highly educated workers populate Denver. They come from all over the United States and the world, and once they discover Colorado, they seldom leave. But Denver isn’t content to just be a magnet for outside talent. We’re growing our own brain trust with a renewed focus on educational excellence, from preschool through ongoing job training. Learn more about how our Workforce Services team can support your company in your talent recruitment.