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.
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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
Related events
- Proximity to DIA is driving residential growth in Aurora.
- Seeking developers for properties located in both Aurora and Denver.
- Homeowners in Aurora and Littleton are hearing conflicting advice regarding a local issue.
- Development zones are being established around the Adams County and the airport, while Aurora is becoming the center of construction in Colorado.