Why Denver Is Struggling To Keep Up With Its Economic Boom
Over 100,000 people moved to Denver, Colorado between 2010-2020, becoming a hotbed of venture capital dollars and economic opportunity. The city is ranked 19th as the best startup city in the world, according to Pitchbook. But this rapid growth has created challenges for the city, including a labor and housing shortages. Now as the city becomes increasingly unaffordable, the population has plateaued. Additionally, an influx of 40,000 migrants in 2023 are weighing on the city's resources. Watch the video to learn more about the challenges that have come with Denver's rapid growth.
Chapters:
0:00 Introduction
1:25 Growth
5:45 Labor and Migrants
8:20 Managing expansion
Produced by: Ryan Baker
Edited by: Darren Geeter
Animation: Christina Locopo
Senior Managing Producer: Tala Hadavi
Reporter: Carl Quintanilla
Supervising Producer: Erica Posse
Senior Executive Producer: Ray Parisi
Camera and Audio by: Van Applegate, Dan Dvorak, Breck Larson, Oscar Molina, Tara McCurrie, Rob Stookey, Micheal Kranicke, Drew Levinson, Kevin Sanchez, Bob Tatlock, Marco Mastrorilli
Additional Footage: Getty Images, Denver Metro Chamber of Commerce, Denver Arts & Venues
Wed, 22 May 2024 16:00:04 GMT