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Tag: Economic development

Colorado Cities Wrestle With Costs and Benefits of Data Center Expansion
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Axios Denver, Approved, State

Colorado Cities Wrestle With Costs and Benefits of Data Center Expansion

By Alayna Alvarez | Axios Denver Colorado communities are taking dramatically different approaches to the boom in data center development, with a patchwork of moratoriums, incentives and new restrictions. Why it matters: The local experimentation is filling a vacuum left by state lawmakers, who failed last legislative session to agree on how Colorado should regulate the resource-hungry facilities. State of play: The fragmentation sets up another potential fight at the Colorado State Capitol next year over how to capture the upside of data center development without saddling communities with their enormous electricity, water and infrastructure demands. Driving the news: Denver — which already has 50 data centers — has&...
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Douglas County Cuts Red Tape to Speed Business Growth
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CBS Colorado, Approved

Douglas County Cuts Red Tape to Speed Business Growth

By Olivia Young | CBS Colorado Douglas County leaders have launched an initiative to reduce red tape and incentivize business development in the county. "It's all we ever wanted to do," Becky Stroh told CBS Colorado. "Finally, we got to the point in our lives where we're like, 'All right, we're ready to open up our own place.'" In 2012, Stroh and her husband opened their dream restaurant in Castle Rock, the Hideaway Bar & Grill. "Permits just take a while," Stroh said. "So getting approvals take a long time." Stroh says the permitting process for the initial opening, and subsequent remodels, was lengthy. "The LED sign outside, that I remember that permit took six weeks," Stroh said. "It would just be nice to know when are we going to get the pe...
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Aurora Keeps Door Open to Data Centers While Pursuing New Regulations
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DENVER7, Approved, Local

Aurora Keeps Door Open to Data Centers While Pursuing New Regulations

By Adria Iraheta | Denver7 The Aurora City Council voted 6-5 against a temporary moratorium on data center construction, but passed a separate resolution to establish development standards. AURORA, Colo. — Aurora's City Council voted against a temporary ban on data center construction Monday night, even as residents raised concerns about environmental impacts and energy consumption. The council voted 6-5 to reject an emergency resolution introduced by Council Member Amy Wiles that would have placed a six-month moratorium on data center construction while development standards were adopted. The mayor cast the tiebreaking vote. Instead, the council passed a resolution introduced by Council Member Curtis Gardner to establish development standards for data centers...
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Douglas County Weighs Data Center Incentive as Front Range Restrictions Grow
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The Denver Gazette, Approved, Local

Douglas County Weighs Data Center Incentive as Front Range Restrictions Grow

By Nicholas Fogleman | The Denver Gazette At a time when Denver and Front Range governments are restricting or banning data center development, Douglas County commissioners are poised to approve a $19.3 million tax rebate agreement Tuesday for a new data center under construction in Parker. The contrasting approaches are occurring as the debate over data centers has taken center stage in Colorado and elsewhere in the country. Critics seek moratoriums or even a complete ban, citing worries about water and energy consumption, while proponents argue they bring in jobs and new revenue, not to mention their national security implications — America, they say, should not cede the battle for AI infrastructure dominance to global competitors. The proposed agreement would...
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Tech Leaders Say Misinformation Is Driving Resistance to Data Centers
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Just The News, Approved, National

Tech Leaders Say Misinformation Is Driving Resistance to Data Centers

By Christina Park | Just the News Facing NIMBY: Industry experts and lawmakers are pushing back against "disinformation" about data centers, arguing that they are vital for American jobs and technological leadership. State lawmakers and big tech are pushing back against misinformation surrounding data centers. Once welcomed for their local economic benefits, they say these facilities now face resistance due to fear and disinformation over water and electricity consumption, complicated by a global AI race against China. “What I want to do, and what President Trump wants to do is make sure we dominate the next revolution in technology, which is of course, AI and data centers,” economist Stephen Moore told the Just the News, No Noise show at the American ...
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Colorado Springs Planning Commission Keeps Data Center Project Moving Forward With Four New Conditions
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Colorado Politics, Approved, Local

Colorado Springs Planning Commission Keeps Data Center Project Moving Forward With Four New Conditions

By Alex Edwards | Colorado Politics The Colorado Springs Planning Commission rejected appeals Thursday night against a proposed artificial-intelligence data center off Garden of the Gods Road. The vote of the commission was 6-2, but residents who filed the appeals will have 10 days to challenge that decision. While allowing Project Taurus to proceed, the commissioners set four conditions on the company, Raeden. These include: Requiring Raeden to report utility use data for the first 10 years of operation. Limiting utility use to a specified level of 50 megawatts, with the condition that if Raeden wants to exceed that, it must return to the commission for further approval. Raeden must furnish a corrected “single sheet” to the existing building plan. The...
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Colorado Falls to Lowest Ever CNBC Business Ranking
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The Sum & Substance, Approved, State

Colorado Falls to Lowest Ever CNBC Business Ranking

By Ed Sealover | The Sum & Substance As business leaders warn of an eroding atmosphere, Colorado has plummeted to its lowest spot in the 20-year history of CNBC’s Top States for Business rankings, placing the one-time national model now firmly in the middle of the pack among states. The financial-news network, whose rankings are widely cited by business and economic-development leaders, dropped Colorado this year from No. 11 to No. 25 on its list and noted that it’s now the second-most expensive state for living, behind only California. Though it improved its rankings in technology and innovation versus 2025, the Centennial State fell or remained even in every other category, now ranking in the bottom half of states in areas like business friendliness and infras...
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High Housing Costs Put Colorado Business Growth at Risk
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Colorado Public Radio, Approved, State

High Housing Costs Put Colorado Business Growth at Risk

By Sarah Mulholland | CPR News Colorado’s businesses are at risk of losing their competitive edge to companies in other states and it comes down to whether people can afford to live here, according to a report from the Romer Institute of Evidence-based Policy. The reasons behind the state’s economic headwinds are multifaceted, but one thing is clear. The housing crunch is making it harder to recruit workers, the report found. The analysis looks at Colorado’s economy relative to Arizona, North Carolina, Texas, Utah and Washington. The states were chosen because they overlap Colorado’s economy based on region or industry, and they compete for talent, investment and business location decisions, according to the Denver-based nonprofit policy group that bears the name ...
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Denver Mayor Rolls Out $100 Million Strategy to Boost Business and Revive Downtown
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CBS Colorado, Approved, Local

Denver Mayor Rolls Out $100 Million Strategy to Boost Business and Revive Downtown

By Chierstin Roth | CBS Colorado Denver Mayor Mike Johnston has unveiled a $100 million, four-part plan to address everything from workforce development to low interest loans, and incentives for companies to move to the city. Thursday's press conference was held outside the original Snooze, a popular breakfast and brunch restaurant serving pancakes and mimosas. Snooze, which launched at its Ballpark Neighborhood location 20 years ago, is now a nationwide success. Its co-founder says it's opportunities like these that got his business off the ground. "We've got 70 restaurants now, 10 states, we have over 3,000 Snoozers working for us," said co-founder Adam Schlegal. They grew despite the odds. "Running a restaurant in Denver is actually harder than most...
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Colorado Springs Bucks State Trend on Data Centers With Project Taurus Approval
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The Denver Gazette, Approved, State

Colorado Springs Bucks State Trend on Data Centers With Project Taurus Approval

By Alexander Edwards | The Denver Gazette Data centers have been thrust into the limelight in the past 12-18 months as more companies seek to build them while concerns grow about their use of natural resources. That’s led some Colorado communities to reject data centers, while others welcome them in hopes of economic gains. As Colorado Springs forges ahead with Project Taurus, a planned AI data center being built in an old computer chip manufacturing facility at 1615 W. Garden of the Gods Road, other locations in Colorado have imposed temporary moratoriums on data centers. Larimer County imposed a moratorium on data centers that expires on Aug. 25. On May 18, the Denver City Council unanimously approved a one-year moratorium on new dat...
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