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Castle Rock, CO Business Overview

Fast growth propelled by economic development efforts and retail expansion

By Jason Zasky on May 13, 2016

The Promenade in Castle Rock, Colorado
Castle Rock / Jeff Adkins

Business Advocates

A quartet of economic development organizations, which together make up the Castle Rock Economic Development Partnership, are helping to manage growth in Castle Rock. The Economic Development Council provides information and services to businesses relocating or expanding in Castle Rock; the Castle Rock Chamber of Commerce provides small-business development programming, promotes the community and produces events designed to boost the local economy; the Downtown Alliance is a partnership between the Downtown Merchants Association and Downtown Development Authority that unifies both organizations under one roof; and the Town of Castle Rock focuses on quality development practices.


Castle Rock also benefits from its enviable transportation assets. Located approximately 30 miles south of Denver and 40 miles north of Colorado Springs, Castle Rock is close to both Denver International Airport and Colorado Springs Airport. Of course, Interstate 25 runs through town north-south en route to the above-named cities, while SR86 allows for approach from the east. Both BNSF and Union Pacific operate freight rail lines that allow trains to roll past Castle Rock on the way to Denver or Colorado Springs.


Retail is a fast-growing segment of the Castle Rock economy, thanks in large part to the development of the Promenade, a 900,000-square-foot, mixed-use development that includes dozens of national and regional retailers, including King Soopers Marketplace, Sam’s Club, 24 Hour Fitness and TJ Maxx. Other major retail employers in Castle Rock include Home Depot, Kohl’s, Lowes, Outlets of Castle Rock and Safeway.


Castle Rock also has a solid base in manufacturing, home to Sunset Stone, Acme Brick, Pure Water Solutions, the corporate headquarters of Master Magnetics and the U.S. headquarters of Aluwind, a “global supplier to the wind industry.”


Castle Rock offers outdoor recreation opportunities galore; the largest employers in the recreation space include the Castle Rock Recreation Center and golf clubs like Plum Creek Golf Club and Red Hawk Ridge Golf.


The Douglas County School District employs 7,700 people and serves 67,000 students. Other major government employers include: Douglas County government, Douglas County Libraries and the Town of Castle Rock. 


Technology is another portion of the local economy experiencing rapid growth. Castle Rock is the home base for companies like IMI Global (“the leader in third-party verification services for the livestock industry”) and Digital Globe Services.

Other Major Employers

Other notable employers in Castle Rock include the Brookside Inn, Castle Rock Care Center, Kolbe Striping, T. Lowell Construction and the VCA Douglas County Animal Hospital. Visit CastleRockCareers.com to view employment opportunities.

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