Aerospace Industry Thriving in Colorado
It may come as a surprise to some, but many of the nation’s leading aerospace companies have corporate headquarters or satellite offices in Colorado. Most people envision mountains and outdoor activities when they think about the state, not the aerospace industry. Yet the aerospace industry is alive and well in Colorado and expectations are it will continue to grow and thrive.
In fact, Colorado has the second largest aerospace industry in the nation, second only to California. The state’s space economy ranks number one in the nation based on per capita employment according to the Metro Denver Economic Development Council (EDC). Employment in the sector grew by 19.4 percent from 2014 to 2019 and by 7.2 percent in 2019.
Despite the COVID-19 pandemic, hiring in Colorado’s aerospace sector continues at a brisk pace and is expanding. As of 2019, more than 30,000 people worked in private aerospace employment in the state. When combined with the state’s military installations, nearly 58,000 people work in aerospace in Colorado.
Nearly 280 aerospace business operate in the state and another 500 companies provide supplies and services to the sector. Leading companies with corporate headquarters or major installations in Colorado include:
- Ball Aerospace and Technology Corp.
- Lockheed Martin
- United Launch Alliance
- Sierra Nevada Corp.
- Raytheon Technology
- Harris Corp.
A Technological Hub
Many of the leading aerospace companies have corporate headquarters or satellite offices in the Denver Tech Center in the south Denver metro area, Boulder and Colorado Springs. In addition to the industry heavy hitters, Colorado is also home to a large number of smaller companies with 10 or fewer employees that are involved in aerospace-related services and technology.
The industry is supported by major universities with renowned aerospace and engineering programs including the University of Colorado and Colorado State University. Peterson Air Force Base in Colorado Springs is also home to the provisional headquarters of the U.S. Space Command. A decision on the Command’s permanent home is expected early next year.
Recently, two astronauts with roots in Colorado were selected for NASA’s Artemis program. Jessica Watkins from Lafayette, CO, and Matthew Dominick from Wheat Ridge, CO, are part of the 18-astronaut team that will help pave the way for the next missions on or around the moon.
It’s no surprise why Colorado ranks so highly in the aerospace industry. The state’s outdoor amenities and relaxed lifestyle have attracted well-educated professionals for years. Aerospace, engineering and other technical companies find it easy to attract and retain motivated, well-qualified employees in the state.
Positioned for Your Success
Miller’s Landing in Castle Rock, CO, is well-positioned to take advantage of the growth in Colorado’s aerospace industry. Castle Rock is a growing community in the south Denver metropolitan area. Located on the I-25 corridor, the town offers easy access to the aerospace markets in Denver and Colorado Springs.
Castle Rock is a growing community favored by well-educated professionals for its small-town charm, easy access to big city amenities, excellent jobs and educational opportunities.
Miller’s Landing is a modern, 65-acre mixed-use development. It’s pedestrian- and bicycle-friendly town center features restaurant and entertainment options and evokes the feeling of a mountain resort town. The town center is supported by a mix of sustainable offices, a resort hotel and spa, and conference and meeting facilities.
With a headquarters or satellite office in Miller’s Landing, an aerospace company will be strategically located to take advantage of both the Denver/Boulder markets and the Colorado Springs market, home of the Space Command. Our modern office designs can be configured to meet your unique needs. And the world-class resort hotel and conference and meeting spaces at Miller’s Landing can host meetings ranging from a few attendees to larger industry conferences.
To support business and visitors, Miller’s Landing is designing a robust, resilient fiber network that will provide the backbone for its high-tech infrastructure. Miller’s Landing is using the SmartTown design philosophy to design the infrastructure.
SmartTown focuses on user needs to scale smart city technology to smaller mixed-use developments. Unlike other approaches that focus on technology first, then attempt to tailor it to the needs of users, SmartTown employs a people-centered approach. This approach ensures that a design meets user needs before selecting technology.
The infrastructure will provide digital interconnectivity that rivals the technology found in the world’s leading smart cities and provide companies with the technology they need to remain competitive.
An Attractive Location for Aerospace Companies
The Castle Rock and the Denver area boast amenities that make it an attractive option for companies looking to move their corporate headquarters from more expensive locations such as California or open a satellite office. These include:
- Significantly lower housing costs
- A well-educated workforce
- Lower office rental rates
- A lifestyle that combines urban attractions with outdoor recreation opportunities
According to the Castle Rock Economic Development Council, the town has one of the best educated populations in the U.S., with a large percentage of the workforce having at least some college or post-secondary training.
- 99 percent have a high school diploma
- 81 percent have some college or tech school experience
- 58 percent have a college degree
- 18 percent hold a post-graduate degree
In 2019, 24/7 Wall Street ranked Denver and Boulder among the 15 markets for STEM talent in the U.S. CBRE ranked Denver seventh in the nation in technology talent in its 2020 Scoring Tech Talent report.
For more information about Colorado’s aerospace industry, visit
- Metro Denver Economic Development Council
- Colorado Space Coalition
- Colorado Office of Economic Development and International Trade
- The Denver Post
Building for the Future
No matter what industry you work in, Miller’s Landing is ready to support your success. Whether you’re seeking a location for your corporate headquarters or a satellite office, Miller’s Landing offers a highly desirable location.
Contact us to learn more about this exciting opportunity. At Miller’s Landing we’re creating an exciting future. Join us!