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.
Large companies are also important to
the metro area’s economy. More than
500 large businesses—those with 250 or
more workers—operate in Denver. The
area’s biggest employers include a diverse
cross-section of industries including aerospace, aviation, bioscience, financial services,
healthcare and telecommunications.
Many major employers call Denver their
home, giving the region a good geographic
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
the Riverview building at 1700 Platte St. in the Lower Highlands
district near downtown Denver. The company anticipates the
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.
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
BP’s New Denver Office Opens in 2018