Boulder Area Realtor Association
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Louisville

Louisville

CONOCOPHILLIPS PLANS TO SUPPORT UP TO 7000 JOBS

Energy giant ConocoPhillips will seek entitlements to house up to 7000 employees at its recently purchased 432 acre site in Louisville, according to the company’s real estate manager, Mary Manning. The former StorageTek site on U.S. 36 will see demolition begin in early 2008 when the current owner, Sun Microsystems, vacates the property. CococoPhillips plans to demolish all existing structures on the site and reconstruct Tape Drive prior to beginning construction on its new facility. The company will establish a global training and technology center and a center for alternative energy R & D. The first phase of the ConocoPhillips campus will be complete in 2011, a year earlier than originally announced. According to Tom Clark, executive vice president of the Metro Denver Economic Development Corporation, a workforce of 7000 will generate an annual payroll of $400 million to $500 million, making ConocoPhillips the fourth largest employer in the Metro region.





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