Commerce City, CO - Economic Development
Home Economic DevelopmentIncentives + Business Assistance
For qualified businesses needing assistance with expansion or relocation plans, various incentives and/or assistance programs may be available. The availability of incentives depends on the project type and size, community impact of the project and the specific location. Additional qualification criteria for incentives may include:
- Total capital investment
- Number of jobs created and wage levels
- Whether the company will lease or purchase/build
Commerce City Programs
- Dedicated assistance throughout site selection, development and business opening
- Reduced development costs
- Accelerated development review
- Permit fee rebates
- Sales/use tax rebates for construction materials
- Additional city sales/use tax rebates
- Executive/employee relocation assistance if needed
- Supply chain referral program
- Workforce hiring and training assistance with partners
- No employment “head” tax
- Site security referrals from city police department
- Waiver of development-related fees for certain new commercial development projects including Restaurants, Recreation or Amusement Facilities, Lodging Establishments, Hospitals, and Grocery Stores.
- Rebate of lodging taxes for new hotel development
Catalyst Program
The Commercial Catalyst Program is designed to encourage business and property owners to update building facades, signage and landscaping within the Derby District.
Adams County Incentives Program
- Tax rebate incentives may be considered, on a case-by-case basis for companies offering high paying, quality jobs
State of Colorado Programs
- Enterprise Zone Program - State income tax credits, including:
- 3% new personal property investment
- Employee hiring/training credits
- R&D expenditure credits
- No state sales/use tax for manufacturing equipment purchases (2.9% savings)
- Skill Advance Colorado Job Training Program
- Job Growth Incentive Tax Credit (JGITC)
- No state inventory tax
Other Programs
- United Power/Xcel Energy’s “New” Construction Program for Businesses (energy cost
savings program)
To learn more about available business incentive and assistance programs, email redefiningcommerce@c3gov.com.