PUBLIC POLICY CHANGES Grand Junction City Council passes moratorium to last one year to provide time to pass regulations that will comply with the Colorado HOME ACT. Grand Junction City Council voted to revert 4th St and 5th St to two lane, one way roads after comparing bids for the project. DEVELOPMENTS Confluence Center –…
PUBLIC POLICY CHANGES
Grand Junction City Council passes moratorium to last one year to provide time to pass regulations that will comply with the Colorado HOME ACT.
Grand Junction City Council voted to revert 4th St and 5th St to two lane, one way roads after comparing bids for the project.
DEVELOPMENTS
Confluence Center – Breaking ground in the Dos Rios development area of Grand Junction, the aptly named building will house a variety of local non-profits, a preschool, and local water preservation
resources, and is projected to open in September.
High Country Beverage – Construction begins for new 160,000 SqFt Warehouse and Distribution center at 2825 Riverside Parkway
Enstrom’s Toffee – Construction on the new Enstrom’s 50,000 SqFt warehouse in the Salt Flats development area at 28 Road and Grand Avenue.
Blackout Fieldhouse – The grand opening for the 40,194 SqFt Blackout sports complex was celebrated in August. This sports complex houses fields for volleyball, pickleball, basketball and more.
| Q2 2024 | Q2 2025 | %+- | |
| VELOCITY (Source – Mesa County Assessor) | |||
| Commercial Sales Volume |
$91.7M |
$94.9 |
+4% |
| Commercial Transactions | 100 | 88 |
-12% |
| VACANCY RATE | |||
| CAP RATE |
7.75% |
7.75% |
0% |
| SALES TAX INDICATORS (Source – Mesa County) | |||
| All Sales Tax |
$26,739,693 |
$27,024,917 |
+1.1% |
| Lodging Taxes |
Unavailable |
Unavailable |
