In Focus: “Golden Age” of Spec Development

26 Jul 2022

News

From coast to coast, demand for new warehouse and distribution space is hitting record-breaking levels. According to a recent report from Cushman & Wakefield,1 the U.S. industrial construction pipeline topped 600 million square feet for the first time ever in Q1 2022, with nearly 95 percent of that tally classified as warehouse/distribution product. Net absorption hit a staggering 108 million square feet in Q1, with 10 different markets posting more than five million square feet of new leasing activity from January to March.

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aerial view of Upton, WY

Meet Upton, WY:

The Gateway to the Black Hills

As the “Gateway to the Black Hills”, you’ll find Upton at the transition point from the Thunder Basin National Grassland to the beautiful Black Hills. The greater Upton area is rich in regional culture. With Historic Deadwood, the Sturgis Rally and many national parks and landmarks in our backyard, Upton is the perfect spot for families, businesses and visitors to be!

students in class

Meet Upton, WY:

Innovative Education in Action

Upton’s education system is founded on the continued mission to be learner-centered and future focused, constantly adapting our learning experience to be innovative and diverse. Through the personalization of a student's learning experience, the student takes on project-based learning, to prepare them for real-world experiences. They become better equipped to take on their future, while making a difference in Upton, today.

Meet Upton, WY:

Friendly Business Ecosystem

Upton’s business ecosystem boasts a wide variety of opportunities for business development. Business owners in Upton enjoy a low tax burden, financing and incentives, and numerous workforce resources, helping you to spend less and earn more.

student sports team

Meet Upton, WY:

Outside of the Classroom

Beyond academics and career development, WCSD #7 offers many extra-curricular activities for students. Residents cheered on the Girls Basketball Team to their first state championship in 2023, Boys Basketball Team and the Girls Golf Team to back-to-back state championships in 2021 and 2022. WCSD #7 is truly the center of the community!

volunteers at community event

Meet Upton, WY:

Lending a Helping Hand

Volunteers shape Upton’s culture and community. From events and local amenities to infrastructure and emergency services. Upton’s volunteers improve, maintain, and manage virtually all aspects of community development. Volunteerism remains the forefront of our mission to keep Upton the Best Town on Earth.

live music performance

Meet Upton, WY:

Quality of Life

Residents in Upton are dedicated to creating an Upton, Wyoming as a sustainable and vibrant community. Through local initiatives, such as the Think Upton First Campaign started in 2016 to promote a “support local” mindset, citizens remain committed to the quality of life for all.