April 15, 2016

Briefcase, April 15, 2016

CLOSINGS

Main Street Car Wash, 2025 N. Main St. in Longmont, closed for a six-month remodeling and will become the city’s second Breeze-Thru Car Wash.

Basil Flats, a restaurant started by former Noodles and Co. executives Joe Serafin and Aaron Kennedy in 2010, shut down its sole restaurant at 1067 S. Hover Road in Longmont less than a year after closing its Boulder location.

CONTRACTS

Colorado State University will receive $20 million in funding over the next 10 years from the Colorado Wheat Research Foundation and the Colorado Wheat Administrative Committee to collaborate on research and commercialization. The agreement bolsters the longstanding relationship between CSU’s wheat-breeding and genetics program and the state’s network of wheat growers that has led to the development of 38 unique wheat varieties since 1963. The agreement also pulls in the Colorado Seed Growers Association on the collaboration.

SPONSORED CONTENT

Boulder-based Array BioPharma Inc. (Nasdaq: ARRY) struck a deal with Tokyo-based Asahi Kasei Pharma Corp. firm to develop and commercialize an Array-invented drug in Asia for use in pain treatment. The deal includes $12 million upfront for Array and up to $64 million in milestone payments, plus double-digit royalties on sales. Asahi Kasei will have rights to develop and commercialize ARRY-954 for pain, inflammation and other non-cancer indications. Array retains the rights to the drug in the treatment of cancer. Array also retains all rights to the drug, which is in the preclinical stage, outside of Asia, although the company has announced no plans at this point to develop the drug further on its own.

DEADLINES

Boulder County property owners and businesses interested in a new solar-incentive program  must fill out and submit a nonbinding intent form by April 30 at solarbenefitsbouldercounty.com/business/. Boulder County and its municipalities are partnering with Boulder-based Namaste Solar to launch a bulk-purchase solar deal for commercial property owners and businesses in owner-occupied buildings. The aim is to make it easier and more affordable for businesses and property owners to add rooftop solar panels. The program is similar to one launched earlier this year to offer discounted solar installations to residents. Partners for a Clean Environment, or PACE, and Namaste are partnering to provide group discounts on the solar installations, although the size of the discounts varies based on the size of each project. In addition to the solar-panel discounts, Boulder County and the city of Boulder are offering a pool of at least $140,000 in rebates for projects that take part in the program, with up to $20,000 available for individual projects.

Nominations for grand marshal of the 2016 Old Fashioned Corn Roast Festival must be submitted by 5 p.m. June 3 to the Loveland Chamber of Commerce. Nominees must be long-standing community members who have made a significant impact on Loveland. In addition to leading the Corn Roast parade, the grand marshal also will play a role in a variety of activities throughout the festival, such as the event kick-off and the corn-shucking and corn-eating contests. Nominations must include a completed nomination form (found at the official Corn Roast Festival website, www.loveland.org/TheCornRoastFestival, or at the Chamber, 5400 Stone Creek Drive), and at least two letters of support. The festival committee will make selections in June.

FLOOD RECOVERY

A $7 million project to permanently repair road damage from the 2013 flood began April 11 along Colorado Highway 72 through Coal Creek Canyon in Boulder County. Motorists can expect the roadway to be resurfaced and restriped by the end of October. Golden-based APC Construction is the general contractor for the project. The section of Colorado 72 begins at Colorado 93 between Boulder and Golden, and goes up the canyon through Wondervu and Pinecliffe to Nederland. A number of private residences and businesses are located throughout the canyon and directly off the highway.

KUDOS

McKee Medical Center in Loveland received the Healthgrades 2016 Outstanding Patient Experience Award. The Banner Health hospital, was identified as providing outstanding performance in the delivery of a positive experience for patients during their hospital stay, according to Healthgrades, an online resource for information about physicians and hospitals.

For the 10th straight year, Northern Colorado Rehabilitation Hospital in Johnstown was named among the top 10 percent of inpatient rehabilitation facilities in the United States. The hospital was ranked out of 782 inpatient rehabilitation facilities nationwide by the Uniform Data System for Medical Rehabilitation, a not-for-profit corporation that was developed with support from the National Institute on Disability and Rehabilitation Research, a component of the U.S. Department of Education.

Berthoud-based EnergyLogic was recognized by the federal Environmental Protection Agency with a 2016 EnergyStar Partner of the Year Sustained Excellence award for leadership in protecting the environment through its energy-efficiency achievements.

Snelling of NoCo won Inavero’s 2016 Best of Staffing Talent and Client awards for providing almost 20 years of service to its our clients and job seekers.

MERGERS & ACQUISITIONS

University of Colorado Health acquired Fort Collins-based Front Range Cancer Specialists.

Financial terms of the transaction were not announced. Front Range’s five providers — Drs. Farah Datko, Ross McFarland, Diana Medgvesy and James Moore, as well as certified family nurse practitioner Amy Wing and the clinics support staff — have moved two blocks west in Fort Collins from the clinic’s former office at 2315 E. Harmony Road, Unit 110, to the UCHealth Cancer Center at 2121 E. Harmony Road, Suite 170.

MOVES

Food distributor Flatiron Provisions Inc. relocated from Westminster to a newly constructed warehouse in the Glacier Business Park in Frederick. Flatiron Provisions, founded by owner Terrance Patrick Miller in 2010, distributes Boar’s Head deli meats and cheeses to restaurants and retailers in Northern Colorado. Using the entity TPM Partners LLC, Miller purchased the 1.3-acre vacant parcel at 3753 Puritan Way from Richard Tharp in September 2014 for $228,500. Miller hired architect Patrick Berrend of Think Tank Studio to design and Edgewater Construction Co. LLC to build the 13,012-square-foot distribution center that was completed in mid-March. Flatiron is occupying about 7,350 square feet of the space and will lease the rest, according to Jennifer Simmons, spokeswoman for the town of Frederick’s planning department.

OPENINGS

Greeley-based Wing Shack opened April 11 at 1011 S. Lemay Ave. in Fort Collins, its fifth Northern Colorado location.

The Orthopaedic & Spine Center of the Rockies will open an office May 16 on the third floor of the Greeley Medical Clinic building, 1900 16th St. OCR is leasing space from University of Colorado Health, whose medical clinic occupies the first, second and fourth floors of the building. Brinkman Construction is the builder for the project, and Infusion Architects is handling the design.

Music City Hot Chicken opened April 12 at 111 W. Prospect Road in Fort Collins.

Spectrum Medical Imaging, a provider of outpatient diagnostic medical services, opened a 6,500-square-foot facility March 14 on the Platte Valley Medical Center campus at 1610 Prairie Center Parkway, Suite 2100, in the new Medical Plaza Two medical office building adjacent to PVMC in Brighton. Built out by G.H. Phipps Construction Co., Spectrum has an entrance separate from that of the main hospital and offers a full range of diagnostic radiology services including a Hitachi Oasis MRI, which provides high‐field imaging with an open design especially helpful for patients with claustrophobia and obesity issues.

A café, Basil at the One Eighty One opened at 181 Ramona Drive in Red Feather Lakes.

Briefcase, April 15, 2016

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