Company Culture | 16th Dec 2025
2025 Year in Review from Vice President Eric Blanke
2025 was another memorable year for Haselden. Across our markets, our teams showed what it means to be trusted partners—breaking ground on complex new work, reaching major milestones, and delivering projects that will serve our communities for decades. As I look back on the year and ahead to 2026, I’m grateful for the relationships, resilience, and teamwork that continue to define our company.
This year, we advanced work in several of our core markets, including healthcare, mountain resort, higher education, and K-12. From active hospital campuses along the Front Range to learning environments across the region, our teams navigated challenging schedules, tight sites, and evolving program needs with creativity and professionalism. We are thrilled to add several new clients this year as we began new projects with Colorado Mesa University, Denver Health, and the new Denver Summit FC women’s soccer team. None of this happens without close coordination between our clients, design partners, subcontractors, and our field and office teams who bring these projects to life.
Looking ahead to 2026, the broader construction market could best be described as “cautiously optimistic.” Nationally, investment in structures is expected to edge back into positive territory after a softer 2025, with growth concentrated in areas like data centers, energy infrastructure, advanced manufacturing, healthcare, and defense. At the same time, traditional commercial and office work is projected to remain muted, and the industry will continue to wrestle with familiar challenges: elevated material costs, supply chain volatility, and a persistent labor shortage that will require all of us to keep investing in our people and our partnerships.
In Colorado specifically, the outlook remains constructive, even if it’s more nuanced than in past cycles. Total construction starts are forecast to rise roughly 7–8% in 2026 to around $17 billion, building on a strong rebound in 2025. Growth is expected across residential and nonresidential work, especially in multifamily housing, industrial and logistics facilities, and adaptive reuse projects such as office-to-residential conversions. At the same time, public-sector and heavy/civil work will feel pressure from budget constraints and policy uncertainty, and developers across the state are watching interest rates, tariffs, and operating costs closely as they evaluate new projects.
What gives me confidence about 2026 is not just the market data, but the way our teams respond to both tailwinds and headwinds. Over the last several years, we have embraced new technologies, found smarter ways to sequence work, and strengthened our culture of safety and collaboration. We’ve helped clients think differently about phasing, budgeting, and sustainability. We’ve supported each other through busy seasons, long days, and complex challenges. That willingness to adapt and to lean on one another is what will carry us forward, into the new year.
Finally, I want to extend a sincere thank you to our clients, partners, architects, and subcontractors. We spend a significant portion of our lives working side by side, in jobsite trailers, in coordination meetings, and out in the field, which makes the quality of these relationships incredibly important. Your trust, candor, and partnership allow us to build projects that strengthen communities across Colorado, Wyoming, and Montana.
Thank you for an outstanding 2025. I’m excited about the opportunities ahead and look forward to connecting and building with you in 2026.