Economic Growth in Grand Junction Rose 3.2% in 2014
Economic output is the value of goods and services generated in a local economy and is calculated by the Bureau of Economic Services for all 50 states and 381 metro areas.
Grand Junction Commercial Real Estate Sales Activity 3Q 2015
Type | Average | Median | Range |
Retail | $158.15 | $111.05 | $37-$527 |
Office | $115.45 | $124.15 | $23-$296 |
Warehouse | $79.84 | $82.82 | $21-$247 |
Land | $3.99 | $2.16 | $.17-$8.45 |
Focus on Broadband -Downtown Grand Junction Pilot Project
The Downtown DDA has initiated a pilot project to put Grand Junction on the map by becoming a “Gigabit Downtown”. Broadband referred as fiber infrastructure, the goal is to have internet download and upload speeds of 1 gigabyte per second at affordable rates throughout the Downtown Grand Junction area.
City Focus
The City recently hired a firm to evaluate and develop a broadband plan including
- Current Infrastructure
- Infrastructure Needs
Regional Partnerships $200,000 DOLA Grand
Mesa County and Garfield County have teamed up to garner the award of a $150,000 ($50,000 match) DOLA Grant that will help the two counties determine what can be done on a regional bais to bring our broadband infrastructure up to speed.
2015 3rd Quarter Notable Sales
Retail | Address | Price | Description | Sqft | $/Sqft |
Patterson near Subway | 2412 Patterson Rd | $430,000 | Small retail | 2,048 | $209.96 |
Graff Dairy | 581 29 Road | $150,000 | Medium retail | 2,328 | $64.43 |
Former Mesa Theater | 538 Main St. | $425,000 | Theatrical bldg. | 9,800 | $43.37 |
Verizon Wireless | 2826 North Ave. | $666,800 | Medium retail | 2,200 | $303.09 |
Office | |||||
Century 21 building | 737 Horizon Dr. | $220,000 | Medium office | 9,766 | $22.53 |
Sunplex Comm Condos | 607 25 Road #201 | $549,000 | Comm. condo offices | 2,916 | $188.27 |
Warehouse/Ind/Other | |||||
Bldg. leased to ATD | 2139 Bond St. | $5,254,000 | Mega warehouse | 130,800 | $40.17 |
Comm. Condo | 560 S. Commercial Dr. #3 | $120,000 | Comm. shop office | 1,345 | $89.22 |
Land | |||||
Off of H Road near airport | 820 North Crest Dr. | $167,500 | Land | 1.5 | 2.56 |
25 Road at F 1/4 5.9 acres | 25 Road at F 1/4 | $1,200,000 | Land | 5.9 | $4.67 |
Near 1st and Patterson 2.8 acres | 2594 Patterson Rd. | $1,050,000 | Land | 2.8 | $8.61 |