21 Reasons to Like Pueblo, Colorado

Pueblo, Colorado has 21 heavy construction jobs already in progress or in the pipeline through 2020, according to a recent Colorado Springs Business Journal article. The $4 billionĀ allottedĀ to these projects will not only produce many construction and ancillary jobs, but even more jobs once they’re built. More jobs is one of the key indicators of an economy on the way up, which means good things for apartment owners.
(I haven’t figured out how to paste a table into a blog yet, so these columns don’t line up. However, I think you’ll be able to figure it out pretty easily. If you know how to paste in a table, please let me know!)

Project Millions of $ Completion Date
Vestas Wind Turbine Plant 248.0 August 2009
Xcel Energy Power Plant 1,200.0 December 2010
DeRose Ranch Development 900.0 2020
CEMEX Concrete Plant 800.0 March 2009
Army Depot Chemical Clean-up 500.0 2015
Steel Mill Refit 100.0 2010
Police Headquarters 32.0 February 2010
Judicial Center 50.0 2012
Health Department Facility 15.0 September 2009
Parkview Med Center Expansion 33.0 2010
Ice House Condos 27.0 2012
University Village 100 Acre Project 24.0 2012
Walking Stick 170 Acre Development 35.0 2014
Cambria Suites Hotel 12.0 November 2008
YMCA 20.0 January 2010
Gateway Park 4.5 August 2009
Walter’s Brewery 3.0 April 2009
Herbert Paseo Townhomes 3.5 ?
Herbert Colorado Theater Building 4.0 2011
University Village Building 2.0 2010
Rudy Padula Building 3.0 2009

Some of these projects not only produce good jobs to build and run, but also improve livability of the town, such as the new YMCA, Gateway Park and the new theater. For all these reasons and more, I think Pueblo, Colorado is worth looking at as an apartment investor.

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