PUBLIC POLICY CHANGES Grand Junction and Mesa County launched a joint Housing Needs Assessment to evaluate current housing conditions, forecast future demand, and comply with Colorado’s statewide housing planning requirements. In March 2026, Grand Junction adopted the 2025 Colorado Wildfire Resiliency Code, establishing new building requirements for development in wildfire-prone areas. DEVELOPMENTS Formation District Food…
PUBLIC POLICY CHANGES
Grand Junction and Mesa County launched a joint Housing Needs Assessment to evaluate current housing conditions, forecast future demand, and comply with Colorado’s statewide housing planning requirements.
In March 2026, Grand Junction adopted the 2025 Colorado Wildfire Resiliency Code, establishing new building requirements for development in wildfire-prone areas.
DEVELOPMENTS
Formation District Food Hall: Construction is progressing rapidly on CMU’s Formation District Food Hall, including Jamba and Panera Bread, with the project on track to open in 2026.
Juniper Grove: Construction is progressing on Juniper Grove, the first phase of the Salt Flats redevelopment, bringing 48 deed-restricted for-sale homes to Grand Junction.
Grand Junction Recreation Center: Construction is ongoing and remains on track for completion in late 2026. Membership passes have gone on sale ahead of the facility’s anticipated opening.
Wild West Express Chairlift: Construction is underway on Powderhorn’s new Wild West Express highspeed chairlift, supporting tourism and regional economic growth.
| March 31 YTD 2025 | Q1 2026 | %+- | |
| VELOCITY (Source – Bray ) | |||
| Commercial Sales Volume |
$54,735,800 |
$57,538,250 |
+5% |
| Commercial Transactions | 45 | 32 |
-29.0% |
| VACANCY RATE | |||
| CAP RATE |
7.5% |
7.0% |
−6.67% |
| SALES TAX INDICATORS (Source – Mesa County) | |||
| All Sales Tax |
$12,697,094 |
$13,706,525 |
+8% |
| Lodging Taxes |
Unavailable |
Unavailable |
