Colorado’s 2024 Industrial Construction & Manufacturing Investment: Key Developments and 61 Major Projects

Industrial SalesLeads has released its 2024 report on planned industrial capital projects in Colorado, highlighting a dynamic year with 61 newly identified projects for the state’s manufacturing and construction sectors. Industrial SalesLeads continuously tracks North American industrial projects including new plant construction, facility expansions, and equipment modernization projects. Research confirms 61 new projects indicating strong investment coming from manufacturing, processing, distribution and other facilities.

The following are selected highlights on recent Colorado industrial construction news and manufacturing capital projects.

Planned Industrial Construction in Colorado by Project Type:

          Manufacturing Facilities - 12 New Projects

          Processing Facilities - 17 New Projects

          Distribution and Industrial Warehouse - 19 New Projects

          Power/Energy/Oil and Gas - 2 New Projects

          Laboratory Facilities - 2 New Projects

          Data Center - 2 New Projects

Planned Industrial Construction in Colorado by Scope/Activity

          New Construction - 29 New Projects

          Expansion - 13 New Projects

          Renovations/Equipment Upgrades - 17 New Projects

          Relocations - 11 New Projects

          Plant Closing - 7 New Projects

Opportunities - By Equipment Need

          Air Emissions Control Equipment - 24 

          Compressed Air Systems - 49

          Control Systems and Instrumentation - 24

          Conveyors - 31

          Floor Coatings - 34

          Material Handling/Storage Equipment - 32

          Mechanical Construction - 45

          Packaging Equipment - 16

          Process Equipment - 12

          Tanks/Vessels - 11

Largest Planned Industrial Construction Projects in Colorado

During the year 2024, our research team identified 4 industrial construction projects in COLORADO with an estimated value of $100 million or more. 

The largest project is owned by Philip Morris International, who is planning to invest $600 million for the construction of a processing facility in AURORA, CO. Completion slated for late 2025. 

Top 10 Tracked Industrial Projects in COLORADO

Colorado Springs, CO

Solar panel mfr. is considering the construction of a manufacturing facility and currently seeking a site in the COLORADO SPRINGS, CO area.

Denver, CO

Tire retail chain is planning for the renovation and equipment upgrades on a recently leased 339,000 sf of warehouse space at 9400 E 46th Place in DENVER, CO.

Colorado City, CO

Foodservice distributor is planning for the renovation and equipment upgrades on a recently acquired 249,000 sf distribution facility in COLORADO CITY, CO. The site allows for a future addition.

Boulder, CO

Pharmaceutical company is planning for the expansion of their processing facility in BOULDER, CO. They are also considering the construction of a new facility in BOULDER, CO.

Thornton, CO

Battery mfr. is planning for the expansion and equipment upgrades on their manufacturing facility in THORNTON, CO.

Parker, CO

Data center operator is planning for the construction of a 249,000 sf data center in PARKER, CO. Completion is slated for 2026.

Centennial, CO

School district is planning for the renovation and equipment upgrades on a recently acquired 123,000 sf warehouse and food storage facility at 7194 S. Revere Pkwy in CENTENNIAL, CO. They will relocate a portion of their operations upon completion.

Mead, CO

Greeting card mfr. is planning for the renovation and equipment upgrades on a recently leased 110,000 sf manufacturing, warehouse, and office facility at 4460 Elevation Dr. in MEAD, CO. They will relocate their operations upon completion in late 2024.

Boulder, CO

Pharmaceutical company is planning for the construction of a 60,000 sf processing facility in BOULDER, CO. They are currently seeking approval for the project. Completion is slated for 2027.

Colorado Springs, CO

Steel fabrication company is planning for a 34,500 sf expansion and equipment upgrades on their warehouse facility at 3855 Silica Dr. in COLORADO SPRINGS, CO. They are currently seeking approval for the project.

About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and Outsourced Lead Generation services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Lead Generation Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at salesleadsinc.com. 

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

Data Centers