BizWest https://bizwest.com Business news, data and economic statistics for the Boulder Valley and Northern Colorado Thu, 21 Sep 2017 21:06:27 +0000 en-US hourly 1 https://wordpress.org/?v=4.8.2 Auto Drafthttps://bizwest.com/?p=223284 https://bizwest.com/?p=223284#respond Mon, 30 Nov -0001 00:00:00 +0000 https://bizwest.com/?p=223284 The post Auto Draft appeared first on BizWest.

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curablehttps://bizwest.com/curable-woman/ https://bizwest.com/curable-woman/#respond Thu, 21 Sep 2017 20:45:41 +0000 https://bizwest.com/wp-content/uploads/2017/09/curable-woman.jpg Curable became globally available Sept. 20.

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Curablehttps://bizwest.com/2017/09/21/app-may-change-way-patients-physicians-approach-chronic-pain/curable_phone_screens-02/ https://bizwest.com/2017/09/21/app-may-change-way-patients-physicians-approach-chronic-pain/curable_phone_screens-02/#respond Thu, 21 Sep 2017 20:45:35 +0000 https://bizwest.com/wp-content/uploads/2017/09/curable_phone_screens-02.jpg Curable is a guided-therapy approach specifically for those with chronic pain, and features a smart coach that gives text and audio prompts to work through the mental aspects of chronic pain.

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John Gribbin Curablehttps://bizwest.com/john-website-color/ https://bizwest.com/john-website-color/#respond Thu, 21 Sep 2017 20:45:27 +0000 https://bizwest.com/wp-content/uploads/2017/09/john-website-color.jpg John Gribbin, CEO of Curable

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Unico pays $22.1 million for more commercial space in Boulderhttps://bizwest.com/2017/09/21/unico-pays-22-1-million-commercial-space-boulder/ https://bizwest.com/2017/09/21/unico-pays-22-1-million-commercial-space-boulder/#respond Thu, 21 Sep 2017 20:21:05 +0000 https://bizwest.com/?p=223275 BOULDER – Seattle-based real estate investment company Unico Properties LLC has purchased a two-story office/flex building in Boulder for $22.1 million, according to Boulder County public records. Unico now has nearly 2 million square feet of commercial space in Boulder, in addition to other holdings in the Denver metro area. Unico bought the building at 4775 Walnut St. on 9.3 acres earlier this month from LC One LLC, registered to William Reynolds, founder of the W.W. Reynolds Cos. in Boulder. Reynolds had bought the 105,000-square-foot building in 2015 from Crestone Real Estate LLC for $16 million. Crestone had bought the building in 2008 for $7.3 million. The building, near the Tierra Centre Business Park, was constructed in 1986. In 2015, Unico Properties paid approximately $209 million to W.W. Reynolds for 1.5 million square feet of commercial property in Boulder and Fort Collins, and then sold the portfolio in Fort Collins. In 2012, Unico took a 56-percent stake in J Nold Midyette’s 15-building portfolio in downtown Boulder that consists of 356,000 square feet of space. Unico Properties did not respond to a request for comment about the transaction.  

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4775-Walnuthttps://bizwest.com/2017/09/21/unico-pays-22-1-million-commercial-space-boulder/4775-walnut/ https://bizwest.com/2017/09/21/unico-pays-22-1-million-commercial-space-boulder/4775-walnut/#respond Thu, 21 Sep 2017 20:20:42 +0000 https://bizwest.com/wp-content/uploads/2017/09/4775-Walnut.jpg Unico Properties LLC paid $22.1 million for this office/flex building at 4775 Walnut St. in Boulder. Courtesy W.W. Reynolds Cos.

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Developers launch construction of two key elements of S’PARKhttps://bizwest.com/2017/09/21/developers-launch-construction-two-key-elements-spark/ https://bizwest.com/2017/09/21/developers-launch-construction-two-key-elements-spark/#respond Thu, 21 Sep 2017 19:54:47 +0000 https://bizwest.com/?p=223274 BOULDER — The developers of S’PARK, a project in Boulder that features housing, office and retail space, on Thursday marked the start of construction of two of the project’s premier parcels — Timber and Market — with a ground-breaking ceremony. Boulder-based Element Properties, and Chicago-based real estate firms The John Buck Co. and Kinship Capital are developing S’PARK, a 10.3-acre site at 3400 Bluff St., east of 30th Street bordered by Valmont Road to the north. It is at the site of the former Sutherland’s lumberyard. Scott Holton, a principal of Element Properties, thanked the city of Boulder and its planning department, development partners, and architects and builders on the project on behalf of his company partners, Chris Jacobs and Kevin Knapp. “S’PARK will help build our community, just as Sutherland’s did years ago,” Holton told a group of about 50 people attending the ceremony. The S’PARK project has been under construction for the last year with an initial phase of 45 affordable townhome units called S’PARK West, said Justin Parr, vice president at The John Buck Co., a private-equity real estate investment and development firm. He said the townhomes are expected to be completed during the first quarter of next year. Market will be a four-story, 50,000-square-foot mixed-use office building with ground-floor retail facing Valmont Road. Boulder-based craft brewer Upslope Brewing Co. has claimed 8,500 square feet for a brewpub. Anticipated completion is August 2018. Timber will offer 150 apartments at market rate, including studio-, one-, two- and three-bedroom apartments, with a below-grade parking structure and ground-floor retail. Anticipated completion is May 2019. Parr said an additional 50,000-square-foot office-retail building and more apartments are included in the overall plan. Parr said when S’PARK is completed it will have 272 multifamily units, 100,000 square feet of office space, 40,000 square feet of retail and a 2-acre park. Developers will propose S’PARK as a LEED for Neighborhood Development Platinum project, a rating that requires green infrastructure, walkability, proximity to jobs and retail, among many other requirements. Project architecture was completed by Boulder-based Sopher Sparn Architects LLC and Phoenix-based Worksbureau Architects.  

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Cannabis biotech firm Front Range Biosciences raises $3Mhttps://bizwest.com/2017/09/21/cannabis-biotech-firm-front-range-biosciences-raises-3m/ https://bizwest.com/2017/09/21/cannabis-biotech-firm-front-range-biosciences-raises-3m/#respond Thu, 21 Sep 2017 19:44:14 +0000 https://bizwest.com/?p=223273 LAFAYETTE — Front Range Biosciences, an agricultural biotech company that specializes in high-value crops such as cannabis, has raised $3 million in funding. The funding will go to scaling Lafayette-based Front Range Biosciences’ processes and an expansion into California and other states where cannabis use is legal. Investors in this round of funding include Canopy Boulder, Phyto Partners, Salveo Capital, Sand Hill Angels, HBS Angels of NYC, NY Angels, Halley Venture Partners and Antill Ventures. “Canopy is excited to make a follow-on investment in the exceptionally strong FRB team. The company has successfully executed on its plan from day one under the outstanding leadership of Jon Vaught and Nick Hofmeister,” said Micah Tapman, managing director at Canopy Boulder, in a prepared statement. “The cannabis industry raises a number of challenges for all businesses so the quality of the leadership team is of paramount importance when evaluating investment opportunities…. Simply put, this is a great opportunity and we are proud to be a part of the team.” Front Range Bioscience uses tissue culture cloning to solve for issues cannabis crops can face, like disease or inconsistency. The company is also mapping cannabis genetics to develop relevant traits in plants like disease resistance and high yields of oil and resin. This is not the only major round of funding Front Range Biosciences has received. In March, the firm raised $1.5 million.  

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sparkmarket.sept21https://bizwest.com/2017/09/21/developers-launch-construction-two-key-elements-spark/sparkmarket-sept21/ https://bizwest.com/2017/09/21/developers-launch-construction-two-key-elements-spark/sparkmarket-sept21/#respond Thu, 21 Sep 2017 19:29:46 +0000 https://bizwest.com/wp-content/uploads/2017/09/sparkmarket.sept21.jpg Market will be a four-story, 50,000-square-foot mixed-use office building with ground floor retail along Valmont Road. Courtesy Element Properties.

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sparktimber.sept21https://bizwest.com/2017/09/21/developers-launch-construction-two-key-elements-spark/sparktimber-sept21/ https://bizwest.com/2017/09/21/developers-launch-construction-two-key-elements-spark/sparktimber-sept21/#respond Thu, 21 Sep 2017 19:29:27 +0000 https://bizwest.com/wp-content/uploads/2017/09/sparktimber.sept21.jpg Timber will offer 150 apartments at market rate, including studio-, one-, two- and three-bedroom apartments, with a below-grade parking structure and ground-floor retail. Courtesy Element Properties.

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