Denver Area Breaks 10-Year Record With 2015 Construction Boom

January 28, 2016

In 2015, the total value of construction projects started in the Denver metro area broke a 10 year record, according to Dodge Data & Analytics. Companies started $6.4 billion worth of projects.

Actually, the last decade has been a rollercoaster for the construction industry. After a banner year in 2005, builders were savaged by the recession. And now, new construction has skyrocketed more than 200 percent since hitting a low point in 2009.   

The type of development has also shifted. Ten years ago, non-residential buildings dominated -- like hospitals and warehouses. Now, residential construction, especially apartment buildings, are driving growth.