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Financing faceoff
Can Lind get his grand project past government goaltenders?
Although concerns about public financing led Larimer County to abruptly end its talks with the owner of the Colorado Eagles minor league hockey franchise last spring about a new and bigger home for the team there, the two sides are talking again. But the sticking point in that earlier proposal also weighs heavily on the…
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Latest news
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Colorado bankruptcy filings increase 21% in October
The state recorded 717 bankruptcy filings during October, compared with 594 during that month in 2023, according to a BizWest analysis of U.S. Bankruptcy Court data. Numbers cited include all new filings, including open, closed and dismissed cases.
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Ground broken for affordable apartments in northwest Longmont
Officials of the City of Longmont, its housing authority and the developer held a groundbreaking ceremony on Thursday for Ascent at Hover Crossing, a $23 million, 75-unit apartment complex on 2.41 acres in northwest Longmont that will be restricted to households earning at or below 30% to 80% of area median income.
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Firestone braces for potential windfall with planned new Target store
The long wait to stop the leakage of Firestone sales-tax dollars to Longmont is right around the corner. The Firestone Town Board this week approved a deal to bring a Target store to town that is expected to generate not only building and property taxes but also an estimated $1.5 million in annual sales tax…
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Boulder’s commercial real estate market has ups, downs and crossed fingers
A panel of agents representing various parts of Boulder Valley’s real estate sectors had some sobering news for a packed house Thursday at the Boulder County Real Estate Conference — better luck next year.
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‘Survive to ’25’ mentality could extend a bit longer for Boulder Valley office market
For the last year or so, commercial real estate professionals have had a saying about the naggingly sluggish office market: “survive to ’25” — meaning that if tenants, landlords and brokers can keep their heads down and push through into next year, conditions will improve.
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Business Cares: November 2024
SPONSORED CONTENT
November 17-23, 2024, is Hunger & Homelessness Awareness Week As of 2024, approximately 14,439 people are experiencing homelessness in Colorado, a significant increase from approximately 10,397 in the previous year. In 2023, it was estimated that over 500,000 Coloradans, including more than 150,000 children, faced food insecurity. Addressing homelessness and food poverty in our communities…
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Real estate pros adapt in evolving environment
“This is essentially the first or second inning,” National Association of Realtors chief economist Lawrence Yun said, comparing the current conditions for residential real estate professionals to the early part of a baseball game.
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Cardinal Peak elevates pair to co-CEO roles
Cardinal Peak LLC recently promoted Sean O’Neil and Bernard Vachon to the roles of co-CEO.
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Aims to open student health center at Greeley campus
Students at Aims Community College and their families will have to wait only one more year for on-campus health care.
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Mystery manufacturing company offered $4.2M in incentives for Boulder County project
The Colorado Economic Development Commission approved the offer of a tax incentive package worth more than $4.2 million dollars to entice an unidentified manufacturing company to expand in Boulder County.
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Kahn: Central Asia delegation explores Colorado’s water-management strategies
Longmont recently became a hub of international collaboration on water management as professionals from Central Asia gathered to study the western United States’ approach to the issue.
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Bizwest sunday
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Competition for deposits ‘more intense than ever’
Banks vie with payment apps, gambling sites, even Starbucks
Many banks serving Northern Colorado have seen their deposits drop slightly since the pandemic hit four years ago, but the loss of pandemic relief funds isn’t the only reason for that phenomenon. Higher interest rates and increased competition have also had an impact. Banks in Boulder, Broomfield, Larimer and Weld counties recorded $30.8 billion in…
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bizwest in-depth
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Who will buy Naropa’s campus?
Naropa University land under contract, campus likely to be redeveloped
Naropa University is under contract with a yet-to-be-named buyer for its main Boulder campus, which is expected eventually to be redeveloped.
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