city has a mix of broadcasting and telecommunications companies, and the region
ranked sixth out of the biggest 50 metro
areas for employment concentration in these
industries in 2013. 2,560 broadcasting and
telecommunications companies directly
employ 40,640 workers in the Denver area.
Energy: Denver’s location in the Rocky
Mountain region, which contains abundant
natural resources, makes it a key player in
the energy industry. Fossil fuel production
booms in the area, with large concentrations
of coal, oil, and natural gas. Energy research
and clean technology are also major players
in the region, including research into renewable energy and energy efficiency. The
metro area has key energy research facilities
that attract clean tech manufacturers and
suppliers. Fossil fuel and clean tech companies together employ more than 46,940
people, and the state ranks fifth nationally
for clean technology jobs and 10th for fossil
fuel energy jobs.
Financial Services: Denver is sometimes
called “the Wall Street of the West,” because
it’s one of the few areas in the country other
than the Northeast that has a thriving financial services industry in three important
segments: banking and finance, investments,
and insurance. The region’s diverse financial
service industry includes more than 13,700
companies that employ close to 90,000
Health and Wellness: The Denver metro
area’s health industry grew at the amazing
rate of 20 percent between 2008 and 2013,
making it one of the fastest growing in the
U.S. 182,320 employees work for more than
18,500 companies, a major benefit to the
region’s overall economic growth.
Information Technology-Software: Small
businesses dominate Colorado’s information
technology software industry. A 2013 report
by TechAmerica Foundation reported
Colorado had the nation’s sixth-largest
employment base in software publishing.
The state also ranked 10th in venture
capital investment in 2013, with $560
million in investments.
BP’s U.S. Lower 48 onshore business will be moving their offices to
Denver soon. This will place the BP office closer to its substantial
asset position in the Rocky Mountain region and an important
energy hub of the future.
The move highlights Lower 48’s continued momentum despite
the current challenging energy price environment. It also marks
a return to Denver, where BP legacy companies once had a
BP has signed a lease for 86,000 square feet of office space in
the Riverview building at 1700 Platte St. in the Lower Highlands
district near downtown Denver. The company anticipates the
office will open with at least 200 employees, including the CEO
and executive leadership team, with more staff to be added later.
“We look forward to becoming a bigger part of the Denver
community and state of Colorado, and are grateful to Mayor
Hancock and Gov. Hickenlooper for their support in this
endeavor,” Lawler said.
A number of employees from the company’s current head office
in Houston will relocate to Denver, with others remaining in Houston
to manage the company’s substantial operating assets in Texas.
The new BP Lower 48 headquarters in Denver is expected to open
in the first quarter of 2018.
BP’s New Denver Office Opens in 2018