Colorado Brewing Industry Expands Amid Space Constraints in Denver and Aurora
What happened
The Colorado craft beer industry is expanding, though it currently faces more closures than new openings. Many new locations are expansions of existing breweries, while others are opening in areas like Aurora. The scarcity of former brewery spaces is making it increasingly difficult for businesses to find suitable locations.
From westword.com
Why it matters
Despite stagnant consumer demand, breweries are sustaining growth through expansion and improved offerings. This expansion, particularly the high demand for former brewery spaces, is increasing pressure on commercial real estate in the metro area.
From westword.com
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- LongmontSpeculative
May experience increased commercial real estate values as demand for former brewery spaces rises.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Brewery expansion may force city council to adjust zoning rulesCity council may need to adjust zoning rules due to brewery expansionPossible
- Brewery expansion could drive up commercial real estate costs in LongmontIncreased demand for specialized commercial space may raise property costs in LongmontPossible
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The entities involved
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Aurora
city in Arapahoe, Adams, and Douglas counties, Colorado, United States
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Denver
consolidated city-county and capital of Colorado, United States