Lone Tree is home to a growing number of leading finance and professional services companies. The nine-county region surrounding Metro Denver is the major financial center between Los Angeles and Chicago—the “Wall Street of the West”, with a diverse financial services base of 13,7000 companies and more than 89,000 employees. About 13 percent of Lone Tree’s population is employed in the finance sector, compared with the national average of 4.7 percent.
Low Cost of Doing Business
Lone Tree has the local assets of a big city without the high costs associated with one. Colorado ranks No. 7 in CNBC’s America's Top States for Business in 2013. The state has consecutively been in the Top 10 for the last four years.
Competitive Tax Structure
Lone Tree has no property taxes and the lowest municipal tax rate in Colorado. The city also levies no occupational privilege tax or head taxon employers, and collects no property tax mill levy for city operations.
Colorado ranks in the top 10 best states for taxes on entrepreneurship and small businesses (Small Business and Entrepreneurship Council’s Business Tax Index 2014).
Access to Highly Qualified and Entrepreneurial Workforce
Lone Tree is home to a well-educated and well-trained workforce—62 percent of the population in Lone Tree over 25 has a Bachelor’s Degree or higher. About 13 percent of Lone Tree’s population is employed in the finance sector, compared with the national average of 4.7 percent.
Regional Success Stories
Charles Schwab recently opened its new corporate campus in Lone Tree, a 32-acre, $320 million campus that will be completed in 2015.The company is consolidating its 3,000 Denver area employees to this campus in Lone Tree, and adding hundreds of new jobs in the coming months.
Other major employers in Lone Tree’s finance sector include Nationwide Insurance, C.N.A., Merrill Lynch, UBS, H&R Block Premium and Public Service Credit Union.
Strategic Location With Global Access
Not only is Lone Tree in close proximity to Denver and its countless business assets, but it is also centrally located in the U.S., allowing business travelers to easily reach two-thirds of the nation within two hours. Denver International Airport is 36 miles from Lone Tree, giving the region global access that is unparalleled by most cities of its size.