The area near 8th and Colorado is going to benefit soon from the first Trader Joe’s in Denver. Trader Joe’s is a chain of specialty grocery stores that aims to be a neighborhood grocery outfit with a variety of unique offerings. Unlike much larger stores that carry upward of 50,000 grocery items, Trader Joe’s stocks about 4,000 items, primarily from its own brand names.
This will be the second store in Colorado, a location was announced in Boulder earlier this year. Trader Joe’s typically enters a market and opens several stores at once. Since opening a single location at a time may overwhelm the site due to customer excitement, several locations opening at once will spread out the demand. This type of commercial development is beneficial not only to the surrounding area but the community as a whole. It is a sign of the local economy’s surging strength and will create new jobs as well.
The growth the city is currently experiencing will have a positive impact on the Denver real estate market.
If you’d like more information about buying or selling a house in Denver, please contact one of the real estate professionals at Preferred Properties.
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