2014 Mountain Region Forecast Some large solar projects in New Mexico and Nevada top the list of green construction projects in this region. / First Solar

2014 Mountain Region Forecast

Historically, this region has some of the nation’s fastest-growing housing markets in Denver, Las Vegas and Phoenix, but this year none of these cities logged building permit at a pace much over the national average of +24% for single-family, 19% multi-family or +22% total construction. However, on the strength of its 79% increase in multi-family building permit activity, Salt Lake City is tracking at a +40% pace for the year. Outside of the new State Farm office complex in Tempe, Ariz., and two new casino projects in Las Vegas, the region's other large projects were in outlying areas.

In a typical year, construction activity this region’s three largest cities – Denver, Las Vegas and Phoenix – usually dominates the economic headlines, but in 2013 the projects are more spread more evenly through the region. Outside of the new State Farm 1.9 million-sq.-ft. office complex in Tempe, Ariz., and two new casino projects that started up t

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