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2010 ECONOMIC PROFILE JEFFERSON COUNTY, COLORADO

Jefferson Economic Council 2010 Economic Profile

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This publication is researched locally by Jefferson Economic Council (JEC) and gives a great "snapshot" of the business climate in Jefferson County, Colorado, including Population, Major Employers, Labor Force, Industries, Wages, Real Estate, Sales Tax, Cost of Living, Education, Quality of Life, and more! Use this publication for: business expansion/development decisions, strategic planning, real estate packets and proposals, employee recruitment, site selection, website/publication content, and grant/loan applications...

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Page 1: Jefferson Economic Council 2010 Economic Profile

2010 ECONOMIC PROFILEJEFFERSON COUNTY, COLORADO

Page 2: Jefferson Economic Council 2010 Economic Profile

Average Percentage of Sunshine

85%

Hottest Month July (77.6º average)Coldest Month December (26.6º average)Annual Precipitation 8.59 inches (average)Annual Snowfall 38.9 inches (average)Average Humidity 32%

Jefferson County (Jeffco) is located on the western edge of metropolitan Denver and offers a diversified

geographical setting, from urban and rural lifestyles, to thriving mountain communities in the majestic Rocky Mountains. Just minutes from downtown Denver, Jefferson County enjoys easy access to all major arterial highways.

Through the Jefferson County Open Space program, over 50,000 acres of land have been dedicated as open space to preserve the County’s unique Rocky Mountain environment for future generations.

Jefferson County has a nationally acclaimed K-12 school district and a highly educated workforce. Residents and businesses have convenient access to higher educational institutions such as the Colorado School of Mines, Colorado Christian University, and Arapahoe, Front Range, and Red Rocks Community Colleges.

Companies in Jefferson County enjoy a pro-business tax climate that is one of the lowest in the U.S. With a friendly business environment and an unmatched quality of life, Jefferson County is a premier business location.

CLIMATE

SOURCE: U.S. National Oceanic and Atmospheric Administration, data updated 2008.

Square Miles 773.2Population 533,339Median Age 40.3Households 230,847Incorporated Cities/Towns: Arvada, Bow Mar, Edgewater, Golden, Lakeside, Lakewood, Littleton, Morrison, Mountain View, Superior, Westminster, and Wheat RidgeLabor Force 312,059Number of Jobs 211,493Average Wage $46,553Student Enrollment (K-12) 85,887

JEFFERSON COUNTY AT A gLANCE

Various sources of the above information are documented throughout this publication.

METROPOLITAN DENvER - COUNTIES

JEFFERSON COUNTY

Page 3: Jefferson Economic Council 2010 Economic Profile

www.jeffco.org

Total Population

Jeffco OnlyPopulation

JEFFERSON COUNTY 533,339 533,339

Arvada* 107,361 104,284

Bow Mar* 811 228

Edgewater 5,136 5,136

Golden 17,321 17,321

Lakeside 19 19

Lakewood 140,989 140,989

Littleton* 40,777 1,360

Morrison 415 415

Mountain View 514 514

Superior* 10,549 43

Westminster* 107,056 46,327

Wheat Ridge 30,894 30,894

Unincorporated 185,809 185,809

DENVER/MSA 2,799,787

COLORADO 4,939,4560 to 14 years 17.5%15 to 29 years 20.9%30 to 44 years 18.0%45 to 59 years 25.2%60 to 74 years 13.1%75 to 89 years 4.9%90+ years 0.4%

POPULATION

AgE DISTRIBUTION

*Municipality is located in multiple counties.SOURCE: U.S. Census Bureau, 2008.

SOURCE: U.S. Census Bureau, American Community Survey 2008.

CULTURAL DIvERSITY

SOURCE: U.S. Census Bureau, 2008.

SOURCE: Jefferson County, 2009.

The Jefferson County government supports business with low taxes and regulation streamlining.

COUNTY gOvERNMENT

County Government Board ofCommissioners (3)

County Seat GoldenCities and Towns 12 incorporated,

9 unincorporatedPolice Force County Sheriff with

565 certified deputies, 10 municipal police departments

Fire and Rescue 15 departmentsCounty Annual Budget (2009)

$382.4 million

Primary Source of Revenue

Property and Sales Taxes

CITIZENS

American Indian, Alaska Native 0.7%Asian and Pacific Islander 2.5%Black 1.3%Hispanic 14.2%White 79.9%Other 1.4%

Page 4: Jefferson Economic Council 2010 Economic Profile

SOURCE: Colorado Department of Labor and Employment, 2008.

EMPLOYMENT DISTRIBUTION

Natural Resources & Mining - 1.4%Construction - 6.7%Manufacturing - 9.0%Wholesale Trade - 3.2%Retail Trade - 14.2%

Trans., Comm. & Public Utilities - 9.5%Finance, Insurance & Real Estate - 5.6%Services - 34.2%Government - 16.2%

TOP PRIMARY EMPLOYERSEMPLOYER PRODUCT/SERVICE EMPLOYEES

Denver Federal Center Federal Government Offices 6,200

Lockheed Martin Space Systems Aerospace & Defense Related Systems 5,550

Exempla - Lutheran Medical Center Medical Services 2,401

MillerCoors Brewing Company Beverages 1,950

National Renewable Energy Laboratory (NREL) Federal Laboratory 1,750

CaridianBCT, Inc. Medical Technology 1,720

United Launch Alliance (ULA) Space Launch Systems 1,220

Ball Corporation Aerospace Manufacturer & Bottling Facility 1,200

CoorsTek Ceramic Component Manufacturing 1,200

Travelers Express/Moneygram Financial Services 850

ServiceMagic Contractor Referrals 730

Kaiser Permanente Healthcare 680

Companies may have multiple locations. Numbers reflect employees in Jefferson County only. Over 50 top Jefferson County employees can be found at www.jeffco.org.SOURCE: Individual companies.

INDUSTRY BREAKDOWN

Industry Companies Jobs

Accomodation & Food Services 1,108 20,547

Administrative & Waste Services 1,158 12,722

Agriculture/Forestry/Fish/Hunting 41 294

Arts, Entertainment & Recreation 231 2,842

Construction 2,322 14,250

Educational Services 259 2,659

Finance & Insurance 1,296 7,677

Government 179 34,310

Health Care & Social Assistance 1,406 20,783

Information 308 4,210

Management of Companies & Enterprises

177 2,722

Manufacturing 559 19,022

Mining 92 570

Professional & Technical Services

3,567 18,486

Real Estate, Rental & Leasing 955 4,100

Retail Trade 1,929 30,057

Transportation & Warehousing 258 2,265

Utilities 37 867

Wholesale Trade 1,447 6,672

Other Services 1,397 6,419

Non-Classifiable 18 21

Total 18,741 211,493

SOURCE: Colorado Department of Labor and Employment, 2008.

INDUSTRY aND EMPLOYERS

Page 5: Jefferson Economic Council 2010 Economic Profile

www.jeffco.org

SOURCE: Development Research Partners.

TaRGET INDUSTRIES

RENEWABLE ENERgY

ENABLINg TECHNOLOgIES

Jefferson County has the strongest concentration of renewable energy and energy research companies within the nine-county metropolitan Denver area. It also houses the National Renewable Energy Laboratory (NREL), the US Department of Energy’s primary national laboratory for renewable energy and energy efficiency research and development. Jefferson County is also home to the Colorado School of Mines (CSM) which houses the Colorado Energy Research Institute (CERI) and the Colorado Fuel Cell Center.

(Includes Nanotechnology and Photonics)Jefferson County is recognized for having a large cluster of companies using and selling enabling technologies which support other high-tech industries such as aerospace, biosciences and energy. There are more than 200 photonics companies in Colorado. Jefferson County is ranked 5th in concentration of these employees out of the 65 Colorado counties. Colorado has been named “Nano Mountain” due to the high concentration of nanotechnology companies located throughout the state.

BIOSCIENCE

Jefferson County houses 32% of the medical device and instruments employment in the Metro Denver region, the second highest concentration of the nine counties.

Number of Companies 92 Pharmaceuticals & Biotechnology 43 Medical Devices & Instruments 495 Year Company Growth 2002-2007 16.5%Direct Employment 3,601 Pharmaceuticals & Biotechnology 384 Medical Devices & Instruments 3,2175 Year Employment Growth 2002-2007 7.7%Average Wage $73,770

AvIATION

Rocky Mountain Metropolitan Airport (RMMA), a reliever for Denver International Airport (DIA), is located just minutes from Denver’s central business district and Boulder. Denver Air and Stevens Aviation support RMMA as fixed-base operators (FBOs). RMMA houses top industry businesses like the U.S. corporate headquarters for Swiss-owned Pilatus Aircraft.

Number of Companies 1025 Year Company Growth 2002-2007 21.6%Employment 6275 Year Employment Growth 2002-2007 12.8%Average Wage $51,490Economic Activity/Business Sales $363 millionEmployment 3,700Annual Payroll $129.5 million

AEROSPACE

Colorado has the second largest space economy in the nation with more than 171,000 space-related jobs, and billions of dollars in annual revenue. Jefferson County has one of the highest employment concentrations for this industry, making up 42% of the industry for Metro Denver.

Number of Companies 405 Year Company Growth 2002-2007 30%Employment 8,6375 Year Employment Growth 2002-2007 24.1%Average Wage $100,300

Number of Companies 321 Renewable Energy 45 Energy Research 2765 Year Company Growth 2002-2007 9.2%Direct Employment 13,940 Renewable Energy 2,208 Energy Research 3,9185 Year Employment Growth 2002-2007 -13.4%Average Wage $83,490

Page 6: Jefferson Economic Council 2010 Economic Profile

Jefferson County

Denver MSA Colorado

Total Labor Force 312,059 1,399,960 2,730,447Employed 297,275 1,329,521 2,596,309Unemployed 14,784 70,439 134,138Unemployment % 4.7% 5.0% 4.9%

SOURCE: Colorado Department of Labor and Employment. Numbers are seasonally adjusted for calendar year 2008.

LABOR FORCE

WORKFORCE

OCCUPATIONAL WAgES

OCCUPATIONAL TITLE AVERAGE HOURLY WAGEManagement OccupationsFinancial Managers $56.90

General & Operations Managers $54.36

Industrial Production Managers $42.69

Transportation, Storage & Distribution Managers $45.81

Engineering Managers $58.72

Computer and MathematicalComputer Programmers $38.52

Computer Support Specialists $24.94

Healthcare Practitioners and TechniciansMedical & Clinical Laboratory Technicians $26.13

Registered Nurses $32.15

Sales and Related OccupationsSales Reps, Wholesale & Manufacturing (Non Tech) $32.44

Sales Reps, Scientific, Technical & Products $40.80

Telemarketers and Other Related Workers $12.77

Clerical and Administrative Support OccupationsBookkeeping, Accounting, and Auditing Clerks $17.36

Customer Service Representatives $16.50

Executive Secretaries & Administrative Assistants $21.48

Office Clerks (General) $14.02

Production, Construction, Operating, Maintenance, and Material Handling OccupationsMachinists $17.62

Team Assemblers $12.91

Electromechanical Equipment Assemblers $15.74

Structural Metal Fabricators and Fitters $17.02

First Line Supervisors/Mgrs. of Construction Trades $25.23

Plant and System Operators $25.24

Welders, Cutters, Solderers, and Brazers $17.88

SOURCE: Colorado Department of Labor and Employment, 2008 Wage Survey. More detailed wage information available on request. Red Rocks Community College students enter the workforce with highly marketable skills.

WORKFORCE DEvELOPMENT

Jefferson County Workforce Center—Jefferson County Workforce Center is dedicated to the County’s economic vitality by providing business and employment solutions. Funded through federal tax dollars, most services are free to employers and job seekers. To find out more, call 303.271.4700 or visit www.jeffcoworkforce.org.

Warren Occupational/Technical Center—The staff at WarrenTech teach occupational skills in the areas of business, construction, graphics, manufacturing, service, and transportation. For more information, call 303.982.8600 or visit www.warrentech.org.

Workforce Training/Continuing Education—The three community colleges serving Jefferson County assist employers needing short-term, fast-track customized training for existing employees:• Arapahoe Community College/Corporate Learning

Institute - 303-734-3701 or visit www.coloradotraining.com.

• Front Range Community College/Institute for Community & Professional Development - 303-404-5461 or visit www.frcc.cc.co.us.

• Red Rocks Community College/Rocky Mountain Education Center - 303.914.6010 or 800.933.8394 or visit www.rrcc.edu/rmec.

Workforce Training Grants—The Colorado FIRST and Existing Industry Training Programs offer employee training grants to qualified companies that are relocating to or expanding in the state of Colorado. This statewide job training program is coordinated through local community colleges. For more information, please contact Jefferson Economic Council at 303.202.2965.

Page 7: Jefferson Economic Council 2010 Economic Profile

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EDUCaTION

Four Year Public Colleges & Universities

FALL 2008 ENROLLMENT

Colorado School of Mines* 4,704Colorado State University 25,496Metro State College of Denver 21,469University of Colorado - Boulder 30,623University of Colorado - Denver 16,286University of Northern Colorado 11,130Four Year Private Colleges & UniversitiesColorado Christian University* 2,151Johnson & Wales 1,454Regis University 11,238University of Denver 10,953Two Year Public CollegesAims Community College 4,840Arapahoe Community College 7,204Community College of Aurora 5,384Community College of Denver 8,250Front Range Community College 15,695Red Rocks Community College* 7,667Rocky Mountain College of Art & Design*

573

TOTAL FALL 2008 ENROLLMENT 185,117

JEFFERSON COUNTY % OF TOTALHigh school diploma or higher 92.5%Bachelor’s degree or higher 36.6%COLORADOHigh school diploma or higher 88.9%Bachelor’s degree or higher 35.0%US AVERAGEHigh school diploma or higher 84.5%Bachelor’s degree or higher 27.5%

HIgHER EDUCATION

EDUCATIONAL ATTAINMENT

* Located in Jefferson County. SOURCES: Colorado Commission on Higher Education and individual universities.

Shares of population age 25+. SOURCE: US Census Bureau, American Community Survey, 2007.

GRADE NUMBER OF SCHOOLS

Elementary Schools (grades K-5) 93Middle/Junior High Schools (grades 6-8)

19

Senior High Schools (grades 9-12) 17Option Schools 9Charter Schools 12

PUBLIC EDUCATION

ACTJefferson County 21.1Colorado 20.5U.S. Average 21.1

SAT Reading Writing MathematicsJefferson County 578 566 594Colorado 564 553 570U.S. Average 502 494 494

COLLEgE ENTRANCE TEST SCORES

Scores are for 2008. The ACT is scored on a scale of 1 to 36. The SAT is scored on a scale of 200 to 800. SOURCE: Jefferson County Public Schools.

1 Jefferson County 75.3%2 Colorado 80.1%3 U.S. Average 84.2%

HIgH SCHOOL gRADUATION STATISTICS

*Percentages calculated using varying methods.

SOURCES: 1. Jefferson County Public Schools - rate for 2008. 2. Colorado Department of Education, rate for 2006. 3. Source: U.S. Department of Commerce, Bureau of the Census, American Community Survey.

SOURCE: Jefferson County Public Schools, 2007-2008.

Total Fall 2008 Enrollment 85,887State Funding Per Pupil $6,501Teachers & Administrators 9,074Student-to-teacher Ratio 20-28:1Total Employees 12,840

Page 8: Jefferson Economic Council 2010 Economic Profile

JEFFERSON COUNTY $58,991Metro Denver $52,235Colorado $50,489U.S. Average $44,346

MEDIAN HOUSEHOLD EFFECTIvE BUYINg INCOME

Effective Buying Income is defined as money income less personal tax and non-tax payments—often referred to as “disposable” or “after-tax” income.SOURCE: Decision Data, 2008.

JEFFERSON COUNTY $35,030Metro Denver $29,996Colorado $28,803U.S. Average $26,464

PER CAPITA EFFECTIvE BUYINg INCOME

Average Single Family Detached Home $263,780Average Monthly Rent/2 bedroom, 1 bath $787.50Number of Homes Sold 7,570Volume of Sales $2.0 billion

$0-$14,999 5.26%$15,000-$24,999 7.06%$25,000-$34,999 9.96%$35,000-$49,999 17.95%$50,000-$74,999 25.89%$75,000-$99,999 15.34%$100,000-$149,999 12.01%$150,000+ 6.53%

JEFFCO HOUSINg COSTS

HOUSEHOLD INCOME

SOURCE: Metro Denver Economic Development Corporation, 2008.

SOURCE: Decision Data 2008.

COST OF LIvINg INDEx

Grocery Items Housing Utilities Transportation Healthcare COMPOSITENew York City 142.8 402.5 146.7 132.4 130.4 217.5San Fransisco 118.7 271.0 92.7 112.9 116.7 162.7Boston 115.7 147.0 163.4 102.2 124.0 132.5Seattle 108.4 150.1 83.3 118.5 120.2 121.9Portland, OR 116.7 133.3 95.2 114.2 108.7 120.0Chicago 107.8 130.5 106.9 113.3 112.5 112.2DENVER 103.6 108.6 93.0 98.5 104.8 104.1Dallas 91.2 69.5 111.1 103.6 104.3 92.0

100.0 = National average for all cities. SOURCE: American Chamber of Commerce Researchers Association, 2nd Quarter 2009.

Jefferson County provides a spectacular view of the foothills of the Rocky Mountains.

COST OF LIVING

Page 9: Jefferson Economic Council 2010 Economic Profile

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LOCAL AND STATE TAxES

SALES TAXES State1 City County2 RTD/CD/FD3 TotalArvada* 2.9 3.46 0.5 1.2 8.06

Edgewater* 2.9 3.50 0.5 1.2 8.1

Golden* 2.9 3.00 0.5 1.2 7.6

Lakeside 2.9 2.10 0.5 1.2 6.7

Lakewood* 2.9 3.00 0.5 1.2 7.6

Littleton 2.9 3.00 0.5 1.2 7.6

Morrison 2.9 3.00 0.5 1.2 7.6

Mountain View 2.9 4.00 0.5 1.2 8.6

Westminster* 2.9 3.85 0.5 1.2 8.45

Wheat Ridge* 2.9 3.00 0.5 1.2 7.6

Unincorporated 2.9 N/A 0.5 1.2 4.6

SOURCE: Department of Revenue, 2009. There is no occupational head tax in Jefferson County.1. Machinery and tools used in manufacturing that are valued at over $500 are exempt from state sales tax. 2. Funds used for acquisition and maintenance of open space. 3. Regional Transportation District/Cultural Facilities District/Football Stadium District.* Home Rule City. State does not collect local sales tax.

Average Mill Levy 96.2479 mills

School District 48.0530 mills

County 24.3460 mills

City/Special Districts Varies by Location

Real and Corporate Personal Property Tax — Mill rates (dollars of tax per $1,000 of assessed valuation) are determined by individual entities within Jefferson County. Real and corporate business personal property are assessed at 29%.

There is no unitary tax and no inventory tax in Colorado. Enterprise Zone income tax credits are available in designated areas.

Single-factor legislation, passed in 2008, simplifies Colorado’s corporate income tax structure through a “single factor” apportionment eliminating the “multiple choice” approach for income tax years commencing on or after January 1, 2009. The legislation simplified Colorado’s corporate tax structure by establishing a “single sales factor” for multi-state corporations.

State Income Tax

Personal Income Tax 4.63%

Corporate Income Tax on Net Income

4.63%

Unemployment Compensation Rate

1.52% of the first $10,000

SALES TAx REvENUES

COUNTIES GROSS SALES NET TAXABLE SALESAdams 21,674,309,998 5,959,511,172

Arapahoe 25,993,331,920 8,012,152,391

Boulder 11,996,189,080 3,787,872,079

Broomfield 2,403,774,002 995,947,907

City/County Denver 38,538,339,802 12,461,390,185

Douglas 7,379,983,751 3,668,623,299

JEFFERSON 18,228,123,561 6,676,736,795 Arvada 2,416,276,280 879,018,563

Conifer 160,656,086 32,448,528

Edgewater 107,016,344 49,512,385

Evergreen 155,961,267 64,856,926

Golden 2,692,830,364 687,831,807

Kittredge 5,698,809 3,108,884

Lakeside 9,613,849 23,631,950

Lakewood 5,174,291,450 2,152,425,170

Littleton 836,562,389 222,743,563

Morrison 33,983,944 11,470,851

Westminster 1,403,742,788 793,912,403

Wheat Ridge 2,030,577,743 575,817,091

Other 3,200,912,248 988,709,205

COLORADO 208,100,107,666 66,452,640,791

SOURCE: Colorado Department of Revenue, Fiscal Year 2008.

ENTERPRISE ZONE TAx CREDITS

The Jefferson County Enterprise Zone was established in 1991 to promote new capital investment and job creation in areas of the County that are economically distressed. State income tax credits are offered to qualifying businesses within these areas, including portions of Arvada, Golden, Lakewood, Wheat Ridge, and Unincorporated Jefferson County.

Investment Tax Credit 3%

Research & Development Tax Credit 3% of increased expenditures

New Employee Tax Credit $500/new employee

New Employee Health Insurance Tax Credit

$200 for 2 years/new employee

Job Training Income Tax Credit 10%

Rehabilitate Vacant Building Tax Credit 25% of qualifiedexpenses

Contributions Tax Credit 12.5-25%

For more information on tax credits and incentives, check the Jefferson County, Colorado Enterprise Zone, Business Assistance, and Incentive Programs brochure,available at: www.jeffco.org/ez-brochure.htm

TaXES

Page 10: Jefferson Economic Council 2010 Economic Profile

REaL ESTaTE

REAL ESTATE MARKET OvERvIEW

OFFICE Rentable Square Feet Vacant Square Feet % Vacant Net Absorption SF Median RateDenver Metro 89,636,171 17,495,064 19.52% (1,196,978) $18.15

Class A 43,765,739 7,846,216 17.93% (171,075) $23.00

Class B 35,039,713 7,280,760 20.78% (580,049) $17.90

Class C 10,830,719 2,368,088 21.86% (445,854) $14.60

Jefferson County 7,812,901 1,212,974 15.53% 11,445 $17.75

Class A 2,002,757 236,420 11.80% (32,054) $19.25

Class B 4,763,108 754,183 15.83% 77,727 $18.00

Class C 1,047,036 222,371 21.24% (34,228) $13.63

INDUSTRIAL Rentable Square Feet Vacant Square Feet % Vacant Net Absorption SF Weighted Av. Rate(NNN)Denver Metro

Industrial Warehouse 154,602,327 10,161,215 6.57% 40,735 n/a

Flex/R&D 23,149,370 3,261,798 14.09% 3,518 n/a

Jefferson County

Industrial Warehouse 31,710,040 888,249 2.80% 54,640 $6.00 NNN

Flex/R&D 4,588,227 364,386 7.94% (48,199) $9.00 NNN

Materials Installation CompositeSan Francisco 111.2 141.3 123.8

Boston 100.5 135.9 115.4

Chicago 97.9 138.3 114.9

Minneapolis 99.3 124.2 109.8

Los Angeles 102.2 116.7 108.3

Seattle 105.4 101.7 103.9

Kansas City, MO 99.2 106.1 102.1

DENVER 101.8 85.5 95.0Phoenix 99.9 74.0 89.0

Dallas 99.4 66.2 85.4

100.0 = National average for all cities. SOURCE: RS Means’ Building Construction Cost Data Manual, 2009.

Business Park AcresCandelas (Arvada) 1,451

Rooney Valley (Lakewood, Morrison, Unincorporated) 1,276

Rocky Mountain Metropolitan Airport (Unincorporated) 683

Denver Federal Center (Lakewood) 670

Fehringer Ranch (Unincorporated) 493

Denver West Office Park (Lakewood) 450

Coors Technology Center (Golden) 375

Lakewood Technology Park (Lakewood) 320

Ken Caryl Business Center (Unincorporated) 300

Westmoor Technology Park (Westminster) 244

Union Blvd. Corridor (Lakewood) 200

Mountain Plains Industrial Center (Unincorporated) 138

Church Ranch Corporate Center (Westminster) 135

Genesee Business Park (Unincorporated) 110

Belmar (Lakewood) 104

Canyon View Business Park (Golden) 100

Jefferson Corporate Center 98

Circle Point Corporate Center (Westminster) 82

Corporate Center (Golden) 79

Jefferson I Research Center (Unincorporated) 79

Jefferson II Research Center (Unincorporated) 54

44th Industrial Park (Wheat Ridge) 51

Major business parks are defined as planned parks with more than 50 acres.

CONSTRUCTION COST INDEx FOR SELECTED CITIES

MAJOR BUSINESS PARKS

SOURCE: Information provided by Frederick Ross Company, 3rd quarter 2009.

Lakewood’s Signature Centre is certified double LEED Platinum for its energy efficiency and environmentally friendly design.

Page 11: Jefferson Economic Council 2010 Economic Profile

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TRANSPORTATION SERvICESAir Service 1Denver International Airport (DIA)

This $4.2 billion facility sits on 53 square miles. It is the only major airport to be built in the U.S. in the last 25 years. The current facility can accommodate 50 million passengers a year without any additional construction.

SOURCES: 1. Denver International Airport Public Affairs Office. 2. Rocky Mountain Metropolitan Airport.

Runways 5 x 12,000 feet, and 1 x 16,000 feet

Concourses 3

Gates 111

Passenger Airlines 30

2007-2008 Passenger Growth 2.8%

Passengers in 2008 51.2 million

Fixed Base Operators 2

Departures and arrivals per year 167,000

Acreage 1,700 acres

Acreage for new development 600+ acres

Three Runways 3,601, 7,500 and 9,000 feet

U. S. Customs Office in Terminal Building

2Rocky Mountain Metropolitan Airport (General Aviation)

Rail Service Passenger: Amtrak Freight: Burlington Northern/Santa Fe, and Union Pacific Light Rail: A metro-wide light rail plan is in place with Phase I completed in 1994. In 1999, voters approved construction of the now completed Southeast Corridor Light Rail line from Lincoln Avenue to I-25 and Broadway and along I-225 from I-25 to Parker Road. In 2000, the 8.7-mile Southwest Light Rail line opened linking downtown Denver to the southwest suburbs. A 1.8 mile extension of the existing Central Corridor opened in April 2002. Future plans include lines running from Jefferson County to downtown Denver.

Truck ServiceOver 160 freight companies provide trucking services in the area.

Bus ServiceSeven inter-city commercial bus companies. Regional Transportation District (RTD)—Intra-city.

FasTracks The RTD FasTracks program is a multi-billion dollar comprehensive transit expansion plan to build 122 miles of new commuter rail and light rail, 18 miles of bus rapid transit, 21,000 new parking spaces at light rail and bus stations, and enhanced bus service for easy, convenient bus and rail connections across the eight-county district.

The West Corridor is currently under construction. This will be a 12.1 mile light rail transit between the Denver Union Station in downtown Denver and the Jefferson County government center in Golden. The Gold Line is scheduled to open to the public in 2016.

SOURCE: Colorado Department of Labor and Employment.

Rocky Mountain Metropolitan Airport’s new 125-foot control is scheduled for completion in the summer of 2010.

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The Jefferson County FasTracks light rail lines travel east-west along the Interstate 70 and Colfax corridors.

TRaNSPORTaTION

Page 12: Jefferson Economic Council 2010 Economic Profile

HEaLTH aND RECREaTION

HEALTHCARE

HEALTHIEST COMMUNITY

Exempla Lutheran Medical Center This over 100 year old, full-service medical center is located in the city of Wheat Ridge. The hospital has been rated among the 100 Top Hospitals in the nation seven times. The Collier Hospice Center was recently completed on the hospital campus. A new 200,000 square foot hospital tower is under construction and will be completed in 2010.Employment 2,401Licensed beds 4002008 Inpatient admissions 17,734

Exempla Lutheran Medical Center - SouthwestExempla Lutheran Medical Center and Lauth Healthcare constructed a $30 million, 125,000 square foot out-patient medical facility in the southern part of Jefferson County. The new facility opened in August of 2007.

St. Anthony Central HospitalSt. Anthony Central Hospital is under construction and building a $440 million, full-service medical center at the Denver Federal Center in Lakewood.

Proposed Employment 1,400Licensed beds 270Opening Date 2011

Swedish Southwest Healthpark–ERThe Swedish Southwest Healthpark is a full-service emergency room in the southern part of Jefferson County. The 24-hour, free-standing facility served over 20,000 patients in 2007.

Kaiser PermanenteKaiser Permanente serves its Jefferson County members from medical facilities in the cities of Arvada, Lakewood, Westminster and Wheat Ridge as well as in the southern part of the County.

According to a recent study conducted by the Metro Denver Health and Wellness Commission, Metro Denver is the nation’s thinnest state, with an adult obesity rate of 17.6%. In 2007, the Health Club Industry Review ranked Denver as having the highest rate of health club membership in the nation with 25.1% of residents enrolled.

*Metro Denver- Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson Counties

Boating/Sailing (Major Lakes) 4Golf Courses (Public/Private) 20Ice Skating Arenas 4Kayak Course 1Motor Speedway 1Equestrian Centers 5Recreation Centers 42Mountain/Rock Climbing 54 peaks statewide

(14,000 ft.+)Ski Resorts 8 major ski resorts

located within 75 mi.

JEFFERSON COUNTY RECREATION

Jefferson County has a variety of pristine golf courses.

Page 13: Jefferson Economic Council 2010 Economic Profile

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Open Space Parks/Properties 30Total Acres Acquired 51,926Trail Miles 20Annual Visitors 1.9 million

OPEN SPACE

ExPERIENCE JEFFERSON COUNTY

Jefferson County Open Space Program— The Jefferson County Open Space Program was created by a vote of Jefferson County citizens in 1972 to preserve open space land for present and future generations. The program is funded by a one-half percent (0.5%) sales tax on the County’s retail sales. A prime goal of the Open Space Program is to preserve and enhance the County’s uniqueness—its striking mountain vistas, rolling plains, fish-filled streams, and abundant wildlife.

To find out more about the activities and cultural opportunities in Jefferson County, visit experiencejeffersoncounty.org. The site contains a variety of images, videos, and information about what Jefferson County has to offer.

Mountainous Land Area in County 72%National Forest Area 107,203 acresPublic Campgrounds 14Educational/Resource Centers

American Mountaineering CenterLookout Mountain Nature Center

Jefferson County 773.2 Sq. MilesMountain Area 557 Sq. MilesIncorporated 117.1 Sq. MilesUnincorporated 656.1 Sq. Miles

Total Housing Units 230,847Owner Occupied 68.09%Renter Occupied 24.43%Vacant 7.48%

MOUNTAIN AMENITIES gEOgRAPHY

HOUSINg UNITS

Jefferson County residents enjoy the colorful backdrop of the foothills.

SOURCE: U.S. Census Bureau, American Community Survey 2007

SOURCE: Decision Data 2008

SOURCE: Jefferson County Open Space, 2009.

Jefferson County boasts a premier coexistence of business, community, and nature.

QUaLITY OF LIFE

Page 14: Jefferson Economic Council 2010 Economic Profile

SPORTINg AND CULTURAL AMENITIES

SCFD

Jeffco Museums/Cultural Facilities/Attractions— Arvada Center for the Arts and Humanities Bandimere Speedway Buffalo Bill Memorial Museum and Grave Butterfly Pavilion and Insect Center Colorado Railroad Museum Coors Brewing Company Dinosaur Ridge Foothills Art Center Heritage Square Jefferson County Fairgrounds Jefferson Symphony Orchestra Lakewood Cultural Center Red Rocks Park and Amphitheater The Splash at Fossil Trace Waterpark

Metro Area Attractions— Colorado Ballet Colorado Symphony Orchestra Denver Art Museum Denver Botanic Gardens Denver Center for the Performing Arts Denver Museum of Nature & Science Denver Zoo National Western Stock Show and Rodeo Downtown Aquarium Opera Colorado Six Flags Elitch Gardens The Children’s Museum United States Mint

Professional Sports Franchises— Denver Broncos (Football) 1998 & 1999 Super Bowl Champions Colorado Avalanche (Hockey) 1996 & 2001 Stanley Cup Champions Colorado Rockies (Baseball) 2007 National League Champions Denver Nuggets (Basketball) Colorado Rapids (Soccer) Colorado Mammoth (Lacrosse)

Citizens in Metro Denver support arts and culture through the Scientific and Cultural Facilities District (SCFD), which is a voter-approved sales tax earmarking one cent of every $10 in retail sales to support art, historical, and scientific organizations. The SCFD distributes more than $40 million annually to 300 arts and culture organizations.

2006 Economic Activity Study of Metro Denver Culture analyzed data from over 300 nonprofits funded through the Scientific and Cultural Facilities District tax. Key findings include:

• Culture created $1.426 billion in metro area economic activity in 2005.

• In 2005, culture generated $387 million in new money from tourism, capital spending, and federal government grants.

• The attendance at 2005 cultural events reached 14 million

• Each $1 in cultural spending creates $1.32 for other business.

• Cultural activities attracted 2.4 million visitors from outside the metro area.

• 39,000 individuals volunteered 1.7 million hours to cultural organizations.

aRTS aND CULTURE

The Arvada Center hosts plays, concerts, and events for the Denver Metro area.

The City of Lakewood’s Italian Festival is a popular annual community event.

Page 15: Jefferson Economic Council 2010 Economic Profile

www.jeffco.org

For more information, contact:Jefferson Economic Council

1667 Cole Boulevard, Suite 400, Golden, Colorado 80401-3313p: 303.202.2965 • f: 303.202.2967 • e-mail: [email protected] • www.jeffco.org

Jefferson Economic Council is dedicated to preserving and enhancing economic vitality for the citizens of Jefferson County. We share this mission with the following partners:

Arvada Economic Development Association8101 Ralston RoadArvada, CO 80002p: 720.898.7010f: 720.898.7015www.aeda.biz

City of Edgewater2401 Sheridan BoulevardEdgewater, CO 80214p: 303.238.7803 ext. 24f: 303.232.4201www.edgewaterco.com

City of Golden Planning and Development911 10th StreetGolden, CO 80401p: 303.384.8095f: 303.384.8161www.cityofgolden.biz

City of Lakewood Economic Development480 S. Allison ParkwayLakewood, CO 80226p: 303.987.7730f: 303.987.7090www.lakewood-colorado.org

Jefferson County Workforce Center3500 Illinois StreetGolden, CO 80401p: 303.271.4700www.jeffcoworkforce.org

City of Westminster Economic Development4800 W. 92nd AvenueWestminster, CO 80030p: 303.430.2400 ext. 2113f: 303.426.5857www.ci.westminster.co.us/1026.htm

City of Wheat Ridge Economic Development7500 W. 29th AvenueWheat Ridge, CO 80033p: 303.235.2806f: 303.234.5924www.wred.us

ECONOMIC DEvELOPMENT CONTACT INFORMATION

To find out more about Jefferson County, visit the Jefferson Economic Council website at www.jeffco.org. There you will find:• Detailed site selection and demographic information• Key contact numbers and addresses• Real estate search request form• Business assistance program information• Company announcements and news• Enterprise Zone information and forms• JEC publications• Economic development networking opportunities

FOR MORE INFORMATION

Jefferson County Business Resource Center1667 Cole Boulevard, Suite 400Golden, CO 80401p: 303.996.8976f: 303.237.7633www.jeffcobrc.org

BUSINESS aSSISTaNCE

Page 16: Jefferson Economic Council 2010 Economic Profile

1667 Cole Boulevard, Suite 400, golden, CO 80401p: 303.202.2965 f: 303.202.2967 www.jeffco.org

West of metroDenver, youcan find over1,200 acres ofrare greenfielddevelopmentpotential.

Come see whatopportunitiesawait you inLakewood.

303.987.7050

720.898.7010 8101 Ralston Road, Arvada, Colorado 80002

C O L O R A D O

Make a home for your business. In Arvada, your business

can benefit from a skilled workforce, proximity to leading

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climate — all in a community that feels like home. To learn

more about what makes us different, visit www.aeda.biz