Yellow light of caution for construction

A majority of real estate development projects in the Boulder Valley are facing a flashing yellow light on the road to construction –  they’re moving ahead, but at a slower pace.

Local developers say they’re in no hurry to break ground on new projects as credit continues to be tight and demand declines. Some projects have been indefinitely put on hold, while a few others are getting the green light to go.

The limited construction activity in the Boulder Valley is primarily being fueled by the new ConocoPhillips 432-acre campus in Louisville – even though the first buildings there have been pushed…