Author: Tim Komarek

Redi Reports

Floyd Hill Construction and Retail Activity in Clear Creek County

  • April 2026
Construction for the I-70 Floyd Hill Project began in July 2023 Clear Creek County retail sales are estimated to be roughly $24 million lower per year in FY2024-FY2025 than they would have been absent construction-related disruption. The number of operating retailers also appears lower than expected The effect is geographically uneven: Idaho Springs shows a measurable sales shortfall, while nearby Georgetown closely tracks its synthetic comparison.…
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Redi Reports

Population Aging and Economic Growth in Colorado: Why Regional Connectivity Matters for Rural Communities

  • March 2026
Colorado counties are aging rapidly, with the share of residents age 60 and older rising across nearly every region of the state. National evidence shows that population aging can reduce local economic growth, but the effects vary significantly across space. In rural counties, a 10% increase in the 60+ population share is associated with a roughly 5–6% decline in GDP per capita over a decade, while the effect is much smaller or statistically insignificant in metropolitan counties.…
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Redi Reports

What Does the Community Value? Assessing Priorities for the Fairground Upgrades in Park County, Colorado

Top Priorities for upgrades: The livestock barn and indoor arena ranked as the highest priorities, followed by the horse barn and community dining/event hall. Amenities that Matter Most: Year-round restrooms were strongly supported, while other options like cafés and childcare were ranked lower. Visitor Profile: Nearly half of fair attendees stayed overnight, with most choosing campgrounds or RV parks underscoring the fair’s role in local tourism and visitor spending.…
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Redi Reports

The Economic Impact of the Ute Theater in Rifle, CO

  • January 2025
The Ute Theater provides economic benefit and social enrichment to Rifle, Colorado and surrounding Garfield County. Using input-output modeling, we estimate the economic impact of the Ute Theater to be: Total Output: $657,070 Value Added: $120,750 Labor Income: $62,380 Visitors from outside Garfield County contribute approximately $41,067 in new economic activity per month through their attendance at the Ute Theater and subsequent spending.…
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Redi Reports

REDI@CSU Awarded EDA Grant to Establish University Center

  • October 2023
REDI and its partners were awarded a $750,000 grant to support economic development in Colorado The grant will establish an EDA University Center (UC) at Colorado State University (CSU). The UC will conduct research, provide technical assistance, and share data for equitable The Regional Economic Development Institute (REDI@CSU) in partnership with the Institute for Entrepreneurship (I4E) and CSU’s Office of Engagement and Extension (OEE) has been awarded a significant grant from the U.S.…
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Redi Reports

Federal Spending in Colorado: Lessons from the Budget Control Act of 2011

  • May 2023
This report highlights the relative importance of federal procurement spending in the private sector across different regions of Colorado. Several Colorado counties receive a significant amount (over $3,000 per capita a year) of federal spending. The reduction in federal spending from the Budget Control Act of 2011 led to a decline of approximately 10,000 jobs and an increase in unemployment and demands on the social safety net.…
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