February 1, 1998

Former theater space renovated for energy research company

Boulder-based Resource Data International, a research analysis company for the energy industry, is renovating 3,200 square feet in the former Art Cinema space behind Alpaca Connection on the Pearl Street Mall, across the street from the Boulder County Courthouse. A flat subfloor was the first thing to be built, since the old movie theater floor slants toward the former screen. Art Cinema’s landlord declined to disclose the lease price.

RDI currently occupies 14,000 square feet in the Cartwright building next door to Art Cinema. Some 100 full-time and eight part-time employees, plus an expected 20 new workers in 1998, will have room to spread out in the new offices, which will be accessed from the alley, said Cathie Dickens, RDI manager of human resources and facilities. About 25-30 people will have offices in the new space, Dickens said.

A 13,000-square-foot office/R & D facility at the long-empty Beech Aircraft complex north of Boulder on U.S. 36 was leased by Team Labs Inc., a manufacturer of computer peripheral equipment for school science departments. Company Owners Roger Shepard, John Staarmann and John Bonvallet were represented by Andrew Freeman at The Colorado Group Inc. in the deal. The company was formed as an IBM spin-off in 1994. Chris Elliot of Colorado and Santa Fe Land Company represented the property’s landlord.

Investors Gary Krantz and Dennis Drumm recently purchased an office building at 3405 Penrose Place for $1.25 million. The multi-tenant office building has 9,657 square feet of rentable space and nine tenants. John Richert, principal at Terrix Financial Corp., handled the transaction. Richert declined to disclose the building’s average lease rate.

Tajik artisans continue to assemble the Boulder Dushanbe Teahouse, a project expected to be completed this spring. The pre-constructed teahouse, a gift to the people of Boulder from Dushanbe, Tajikistan, Boulder’s sister city, is filled with ornately painted floral and geometric patterns of Central Asia and ancient Persia and intricate wood carving. It came to Boulder in 1990 in 200 crates weighing about 30 tons. When completed, the 2,100-square-foot structure will offer tea and multi-ethnic cuisine.

Tajik artists constructing the teahouse will hold two more workshops on methods used in creating it. On Feb. 28, a “Tajik painting” lecture/demonstration will be held at the Dairy Center for the Arts. A “Tajik plaster carving” workshop will be held March 21. For information, or to register, call 245-8286.

LONGMONT

A company that makes minute products but is growing in leaps and bounds is moving its headquarters to Longmont.

Nanomaterials Research Corp. will move in April from Tucson, Ariz., into 10,000 square feet of temporary space at 1811 Lefthand Circle. All of the company’s employees, expected to be 55 in April, will make the move, said Diane Freim, NRC relocation coordinator.

Pratt Management Co. will build the company a 43,200-square-foot facility at 2620 Trade Centre Avenue. The new building is scheduled to be open some time this summer.

The privately held company has a net worth of more than $200 million. It creates small materials for industrial customers. Colorado was the No. 1 choice for employees, who were asked for input on the move. Longmont beat out sites in San Diego and New Hampshire.

After two years of searching, King Soopers announced plans recently to build a “superstore” next to Shopko near the corner of Hover Street and Nelson Road, in the St. Vrain Centre project being developed by Don Macy.

The 70,127-square-foot store will be bigger than most existing King Soopers’ stores, including its 51,000-square-foot store in north Longmont. That store will remain open. An 8,000-square-foot liquor store and a hair salon also are planned, Macy said.

The new King Soopers store is expected to employ 175 to 200 people. King Soopers considered other sites before choosing the one at St. Vrain Centre, including one at Longmont Business Center (the former Storage Technology building.)

Behind the King Soopers site to the west, Seven Oaks Daycare Academy will build a 10,000-square-foot center. It will cater to children 2 « through 12 and will offer gymnastics, creative movement, music and computers, said Owner Steve Welsh. Preschool, pre-kindergarten, kindergarten and before and after-school programs will be offered at competitive rates, Welsh said.

With a 16-foot-high gymnasium ceiling, the building, designed by Jim Hillhouse, architect, looks “two-tiered,” Welsh said. Longmont-based Fagre Construction is the general contractor, with completion expected in July.

Macy said of the project, “We think they’re the best in the business. The mixed use, with the apartments and the business park and King Soopers — it’s convenient for people.”

Next up for St. Vrain Centre is the Legacy West apartment project at the corner of Fordham Street and Nelson Road. The new project, which is just west of existing Legacy Apartments, is planned to have 236 apartments. The existing Legacy Apartment complex is completely rented, Macy said.

Xilinx Colorado, a computer circuit and software manufacturer, bought the Gateway parcel, a 59-acre business park, at the corner of Highway 119 and Hover Road, for $6.4 million.

The parcel is zoned for offices, research and development, light manufacturing, hotels and restaurants.

The computer company plans to build a campus that may ultimately employ 2,000 people, said Kenn Perry, managing director of Xilinx. There is no date set for groundbreaking at the Gateway site, although the company’s growth plans point to a need for a new campus in the next couple of years.

At the same time, Xilinx recently completed an expansion at its current location in the Flatirons Business Park, 2300 55th St., Boulder. About 100 employees work at the Boulder facility.

Seller Mike Dollaghan said he will continue to work with Xilinx on building a hotel at the site as well. Agents for the seller were Larry Green & Associates Inc. and Prudential LTM, Realtors. Gary Aboussie, Colorado Group broker, represented Xilinx.

BROOMFIELD

RE/MAX Horizons Group Inc. has broken ground on a 16,200-square-foot building in Broomfield.

The Park Business Plaza building will house RE/MAX Horizons Group, New Horizons Mortgage, Peterson Construction, Davis Frame Colorado, Tiger Investment Group Inc., and Market Wise Investments. The building is at 120th Avenue in Broomfield between Century Chevrolet and Colorado National Bank. Robin Peterson of Peterson Construction in Broomfield is the general contractor on the project.

A ground breaking ceremony will be held Feb. 5. Construction on the $2 million building is expected to be finished in August.

Boulder-based Resource Data International, a research analysis company for the energy industry, is renovating 3,200 square feet in the former Art Cinema space behind Alpaca Connection on the Pearl Street Mall, across the street from the Boulder County Courthouse. A flat subfloor was the first thing to be built, since the old movie theater floor slants toward the former screen. Art Cinema’s landlord declined to disclose the lease price.

RDI currently occupies 14,000 square feet in the Cartwright building next door to Art Cinema. Some 100 full-time and eight part-time employees, plus an expected 20…

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