7 New Businesses That Have Recently Opened in Denver

7 New Businesses That Have Recently Opened in Denver

Planning to relocate to Denver’s vibrant Five Points neighborhood? This popular area has plenty of cool amenities including fun nightlife options, locally owned eateries, and live entertainment venues. Of course, if you want to live here, you’ll also want to find a job nearby to support your lifestyle. Fortunately, the job market in Denver is strong, and is growing even stronger due to the many businesses that have opened additional locations in, or have recently relocated to, this fantastic city. If you’re ready to start looking for Five Points homes for sale while searching for a new job at the same time, keep these employers in mind:

1. Ro Pharmacy

A healthcare technology company that delivers end-to-end healthcare options for its patients via a provider network, telehealth, and proprietary pharmacy distribution, Ro recently opened a distribution center in Denver. The company chose the area because more than 10% percent of its clients live in the Rocky Mountain area, and a Denver distribution center would get prescriptions to patients the next day for no charge. Their other distribution centers are in Florida, New York, Oregon, Arizona, and Texas.

2. Victrola

Yes, vinyl is back! And as one of the top makers of turntables, Victrola recently relocated its headquarters from New York City to Denver. The speaker and turntable manufacturer’s new HQ is located in the Golden Triangle neighborhood and, though they currently have a small staff, Victrola hopes to expand this team throughout the year. Victrola chose Denver because of its up-and-coming music scene, as well as the city’s business-friendly tax code. The icing on the cake — and what helped CEO Scott Hagen finally choose the Mile High City — was the growing amount of young talent in Denver. If you’ve just invested in Five Points real estate and want to work in the music industry, Victrola may be the place for you.

3. Dialectic Engineering

This Kansas City-based mechanical, electrical, and plumbing engineering firm is 100 percent employee-owned and chose Denver for its new office in early 2021. The company, which experienced 8% revenue growth in 2020, has offices in Austin and is also looking to add new locations in Atlanta, Nashville, Houston, and Orlando. With plans to provide services to the growing cannabis production industry, Dialectic will likely continue its exponential growth and provide plenty of jobs to those who buy Five Points real estate or other nearby Denver residents.

4. FileInvite

This New Zealand-based document collection startup chose Denver as its U.S. headquarters after also considering cities in Utah, Texas, and Illinois. Over the next few years, FileInvite expects to create at least 140 new jobs in the Denver area, with an average wage of over $100,000 per year. The company is currently looking to fill marketing, management, and sales positions, which should appeal to many young professionals interested in buying Five Points homes and joining a thriving company.

5. Finder

Another global company that’s chosen Denver as its U.S. operations hub is the Australia-based Finder. This company helps its clients save money on personal purchases by finding deals on travel, home insurance, student loans, shopping, and other areas. Finder plans to create almost 200 jobs in the metro area, aiming to hire software engineers, app developers, and product managers with an average yearly salary of just under $85,000.

6. Datadog Inc.

Tech is hot in the Denver area, and Datadog Inc. is among the many technology-based companies coming to the Rockies. Providing monitoring and security services for cloud-based platforms, the global company selected Denver as its Western U.S. hub and plans to bring almost 450 jobs to the area. Datadog’s new employees will be in the marketing, sales, and IT support divisions and will average a salary of $122,000 per year.

7. Strive Health

While already based in Colorado, Strive Health opted to expand into Denver and aims to bring 250 jobs to the metro area. Strive is a company that provides healthcare for kidney patients that focuses on reducing costs and improving outcomes. Its health-conscious leadership chose Denver for its expansion due to the city’s dedication to healthy living. Strive’s annual wage averages over $130,000 per year.

Tips on Buying Five Points Real Estate

Does working for one of these innovative companies appeal to you? Ready to start looking at Five Points homes for sale so you can live close to your new office? The Denver real estate market is currently very competitive, with homes regularly getting multiple offers and selling for an average of 4% above the asking price. To make sure you get the home you want, use these tips:

  • Take a letter of pre-approval with you to showings. A pre-approval letter from a mortgage company shows you are serious about buying and have the financial means to do so.

  • Have your real estate agent set up a collection and search specific to your wants and needs. Be prepared to move fast if you find what works.

  • Work with an agent who understands the ins and outs of each Denver neighborhood, including how writing an offer for a property in Five Points may be different than other neighborhoods.

Reach out to Allison Rankin, Jane Goulder, or Amy Kissinger at RGKColorado.com. We would love to help you begin your next chapter in the Mile High City!