Skip Ribbon Commands
Skip to main content

Is Colorado losing its brewery crown?

  • ​The Mile-High City has long been an area known for its breweries. But now, it seems, the rest of the country is starting to catch up. According to VINEPAIR.com, Vermont now ranks #1 for most craft breweries per capita, followed by Montana. Colorado occupies third place. This begs the question: “Are brewers still picking our metro area to set up shop?”

  • Looking at brewery leases signed per year, the number begins to level between 2014 and 2017 at around 11 annually. But, that’s still more than double the average of 2011-2013 and triple that of 2008-2010. Lease signings have yet to show any significant decline. 

  • Looking at the actual amount of space breweries are signing for, in 2012 MillerCoors signed for more than 200,000 square feet. Three years later, Breckenridge Brewery and Great Divide Brewing respectively each inked deals measuring some 60,000 square feet. Digging into the numbers beyond the big guys, there’s a steady increase in the square footage being taken up by smaller breweries. It seems that brewers remain keen on our city. Time will tell if our happy hour will last or if we’ll wake in the near future with a dreaded hangover.​

Source: JLL Research, VINEPAIR.com




Get our latest insights

Subscribe

Connect with us