1999 Geography of Retailing - Denver
Entrances & Exits: Sears opened a site in the Crossroads Mall in Boulder. CompUSA closed one Computer City location, reformatted one into a CompUSA and opened an additional store. Costco plans to open two stores in the area.
Economy: According to a survey by Price WaterhouseCoopers, in 1998 Colorado companies raised a $518 million venture capital. Plus, 75 venture capital firms invested in Colorado companies in the fourth quarter. Many invested in technology-based companies. Plans to develop Stapleton, the area that had once been an airport, are underway. The city hopes to build starter homes, targeting the lower-middle class.