Northern Colorado Regional Economic Development Initiative
We are One Economy
The Northern Colorado Regional Economic Development Initiative (“REDI”) recognizes that economic benefits in one community benefit all due to the interconnected nature of the regional economy. Working together allows for greater impact in the region, we are one economy.
The objective of this collaboration is to increase Northern Colorado’s economic growth, resilience, and improve the business ecosystem. As a network of economic development professionals, REDI develops and manages regional economic development strategy and assist businesses looking to locate or grow in the area.
Communities in Larimer and Weld Counties that make up Northern Colorado
Ault – Berthoud – Brighton – Dacono – Eaton – Erie – Estes Park – Evans – Firestone – Fort Collins – Fort Lupton – Frederick – Garden City – Gilcrest – Greeley – Grover – Hudson – Johnstown – Keenesburg – Kersey – LaSalle – Lochbuie – Longmont – Loveland – Mead – Milliken – Northglenn – Nunn – Pierce – Platteville – Raymer – Severance – Timnath – Thornton – Windsor – Wellington
Our Economy is Driven by Smart Talent and Innovative Business Minds
- Northern Colorado illustrates its passion for investing in the future through its research institutions and outperformance in patent production.
- In recent years, Northern Colorado assigned significantly more patents per employee than the Denver Metro Area and Colorado as a whole.
- Northern Colorado's research institutions are investing heavily in the future, over $411 million in 2020.
- As a region we produce about 18,000 degrees and certificates from our public higher education institutions each year, adding to the Larimer County workforce and Weld County workforce.
- Over 64,000 students are enrolled in Northern Colorado's colleges and universities including 7,600 high school students participating in concurrent enrollment.
Our Robust Talent Development Pipeline is Producing the Workers We Need Today and Tomorrow
Our Population, Jobs, and Industries are Growing Fast
- Northern Colorado's population is forecasted to be a metro area of about 1M people by 2039.
- From 2015 to 2020, jobs increased by 9.3% in 2 Colorado Counties from 288,663 to 315,579. This change outpaced the national growth rate of 1.3% by 8.0%.
- 5% annual average growth of GRP for Northern Colorado
- The Construction Sector is the fastest growing private industry in Northern Colorado
- 75% of Northern Colorado workers live in the region
- Economic Development Partner's Code of Ethics that defines higher standards of conduct for regional success
- Currently, Northern Colorado is investing over $84 million in Capital Improvement Projects and infrastructure
- Northern Colorado is defined as Larimer/Weld Counties as we are one economic region