The outdoor industry accounts for $646 billion in retail sales and services, $80 billion in federal, state and local tax revenues and 6.1 million American jobs, according to the Boulder-based Outdoor Industry Association. The industry shows no sign of a slowdown. Colorado established itself as a major outdoor-industry hub in the aftermath of World War […]
Everyone in Colorado knows why people from other states continue to move here. The area is an outdoor enthusiast’s dream, with lots of hiking and biking trails, places to mountain climb or boulder, many areas for water sports, camping and fishing. But how did Colorado become one of the major outdoor industry hubs in the […]
Small mountain towns in Colorado are increasingly home to incubating manufacturing startups in the outdoor industry, and none seems to be doing a better job of it than Steamboat Springs. While famous for being the home to more Winter Olympics athletes than any other in the nation, it also is home to an incredible assortment […]
We all have reasons — sometimes leaking into rationalization — for being where we are. But whether it’s love, location or incredible luck or lucidity, here are some of our favorite reasons for outdoor manufacturers to be where they are in Colorado — which, of course is always a good place to continue to be, […]
- Niobrara oil, gas production expected to increase in March
Oil production in the Niobrara formation is expected to increase to 580,000 barrels per day in March, up slightly from February’s anticipated 573,000. That’s according to the latest data from the U.S. Energy Information Administration. Oil production is increasing along with the price of oil, which has rebounded from a low of $43 a barrel last summer to more than $60 a barrel. Gas production in the Niobrara also is expected to increase, from 4.81 million cubic feet per day to 4.86 million cubic feet per day. The Niobrara formation extends across several states but is concentrated in Weld County, which counts almost 24,000 active oil and gas wells.
- Brewhop Trolley expands from Longmont to Gunbarrel, Niwot
LONGMONT — The Brewhop Trolley, which shuttles passengers among Longmont’s breweries, distilleries and pubs, is expanding along Colorado Highway 119. The Longmont Times-Call reports that the service will add two new trolleys to service locations in Gunbarrel and Niwot. Service along the new route should be operational by March 24, beginning with Saturday and Sunday service. Locations added include Beyond the Mountain Brewing, Asher Brewing, Avery Brewing, Finkel & Garf Brewing, Vindication Brewing, Gunbarrel Brewing, Bootstrap Brewing, and Powder Keg Brewing, according to the Times-Call. Brewhop Trolley’s operators also are considering expansion to Boulder.
- Greeley brunch restaurant The Kitchen reopens after two years
GREELEY — After two years of closure, a longtime Greeley restaurant is back serving up pancakes, steaks and burgers. The Greeley Tribune reports that new owner Dale Dilka reopened The Kitchen at 905 16th St., Feb. 8. The brunch eatery was purchased from the previous owners in March 2017. The restaurant is managed by Dilka’s daughter, Kayleen Dilka, who serves as its general manager. The Dilka’s are serving some of The Kitchen’s traditional recipes, including new offerings, including a gluten-free menu. The Kitchen is open from 6 a.m. to 2 p.m. daily. The Greeley restaurant is not affiliated with the Boulder-based restaurant group of the same name.
- Longmont hosts economic development summit Feb. 28
LONGMONT — The Advance Longmont Economic Development Summit will take place from 8 a.m. to 5 p.m. on Wednesday, Feb. 28, at the Plaza Convention Center. The event is meant to engage the area’s business and community leaders in what the priorities and challenges are for Longmont’s economic development. The day-long event will kick off with a year-in review presentation from the Longmont Economic Development Partnership CEO, Jessica Erickson. There will be a panel discussion featuring Longmont’s four targeted industries — advanced technology, bioscience, professional services and IT, and creative arts and culinary — which will discuss opportunities for growth and recent developments in each sector. The keystone speaker will be Patty Silverstein, president and chief economist for Development Research Partners, who will give a regional economic forecast for the area. The afternoon will also include breakout sessions on issues like business climate, education and workforce development, real estate and infrastructure. Networking opportunities with those across Northern Colorado and the Metro Denver region will be included before and after the events. During lunch, the summit will also announce the winners of the Cornerstone Awards, including Project of the Year, Job Creator of the Year, Rising Star and Startup of the Year. Those interested in attending can register online.
- Greeley leads region in hotel occupancy during January
Greeley posted the highest hotel occupancy rate among cities in Northern Colorado or the Boulder Valley during January. That’s according to the latest Rocky Mountain Lodging Report, released Monday by the Colorado Hotel and Lodging Association. The association’s monthly report revealed occupancy rates for January of 59.7 percent in Greeley, 57.9 percent in Loveland, 57.6 percent along the U.S. Highway 36 corridor, 49.9 percent in Longmont, 47.8 percent in Fort Collins, 47.6 percent in Boulder and 26.2 percent in Estes Park. In January, the average daily room rate in Estes Park was $147.99, Boulder $141.60, the U.S. 36 corridor $116.86, Longmont $109.17, Fort Collins $100.57, Loveland $111.89 and Greeley $92.91. Statewide, the occupancy rate in January was 58.2 percent, compared with 59 percent a year ago, with an average daily room rate of $168.33, up from $165.43 a year ago.
- Louisville, Boulder restaurants amid nominees for James Beard Award
Several Colorado restaurants, including ones in Louisville and Boulder, have been named 2018 semifinalists for the prestigious James Beard Award. The honor is meant to recognize the best in the culinary arts and is sometimes called the “Oscars of Food.” Annie Clark, of Moxie Bread Co. in Louisville, was nominated for Outstanding Baker. And in Boulder, Frasca Food and Wine was nominated for Outstanding Restaurant. Other Colorado nominees include Aurora-based Annette for Best New Restaurant, The Little Nell in Aspen for Outstanding Wine Program and Denver-based Todd Leopold of Leopold Bros. for Outstanding Wine, Beer or Spirits Professional. What is more, three Colorado chefs were nominated for Best Chef in the Southwest: Caroline Glover of Annette in Aurora, Dana Rodriguez of Work & Class in Denver and Alex Seidel of Mercantile Dining & Provision in Denver. The finalists for the Restaurant and Chef Awards will be announced on March 14. The Award Gala will take place on May 7 in Chicago.
- Developer plans Denver’s tallest skyscraper at 81 stories
DENVER — A development team has submitted plans for an 81-story building in downtown Denver. The Denver Post, following up on a Saturday report by Colorado Public Radio, reports that the proposed tower would be located at the southeast corner of 17th and California streets. It would be 25 stories taller than Republic Plaza, which — at 56 stories — stands as Denver’s tallest building. The proposed building would include a variety of uses, including a hotel, retail space and residential units. Michael Ursini, co-founder and managing partner of Greenwich Realty Capital, a New York-based development company, previously has said that a building project at that location was “100 percent going forward,” according to The Denver Post. The site is currently home to a parking lot.
- N.M. company acquires Littleton-based remodeler
LITTLETON — A remodeling company based in Littleton has been acquired by an Albuquerque-based remodeler. Albuquerque Business First reports that Renew Home Innovations was acquired by Dreamstyle Remodeling. The company projects revenue of $7 million during the first year after the acquisition and intends to hire 75 people in the Denver area, with an additional 15 in New Mexico. Dreamstyle has acquired an 8,800-square-foot building in the Denver area to house the operation, according to Albuquerque Business First.
- Broomfield firm joins in $2B national data-center rollout
DENVER — A Broomfield investment company is joining with counterparts in Singapore and Toronto to develop, acquire and operate data centers across the United States. Mt. Elbert Capital Partners LLC joined with Singapore-based GIC, a global investment firm with more than $100 billion in assets under management, and Toronto-based OpTrust to form EdgeCore Internet Real Estate LLC, based in Denver. EdgeCore initially will be capitalized with more than $800 million in equity to help support $2 billion in data-center development. EdgeCore will roll out its North American data-center platform in campus developments across six markets. The company already has acquired land in Mesa, Ariz., with plans to acquire additional lands in Dallas and Reno, Nev. Construction on each campus wo;; begin immediately after acquisition. The first building is expected to be completed in late 2018. “We are pleased and honored to join forces with GIC and OPTrust, which we view as two of the world’s most capable and sophisticated investors,” Tom Ray, chairman and CEO of EdgeCore and Mt. Elbert, said in a prepared statement. “We are excited to execute upon our shared vision of creating a scalable North American data center platform and we look forward to expanding with GIC and OPTrust as we work to grow EdgeCore Internet Real Estate beyond our initial roll out.”
- Chicken and waffle, floral shops lease space at The Exchange
FORT COLLINS — Chick’nCone and bloom are the latest tenants to lease space at The Exchange, a city block being redeveloped in North Old Town Fort Collins. Chick’nCone serves waffle cones stuffed with fried chicken with a variety of sauces from which to choose, plus cajun fries and combo meals that include drinks. Bloom is a floral shop that sells fresh flowers and mini bouquets in recycled containers, plants and vintage antiques. It also has a do-it-yourself workspace for those who want to create their own floral designs. The Exchange is being developed by Fort Collins-based Brinkman and Greeley-based Richmark. The site is bordered by College Avenue, Riverside Avenue and Walnut Street. Two existing buildings located on the north and south side of the block are being refinished, while the central plaza will feature office space, retail and restaurants housed in recycled shipping containers. This will be in addition to picnic tables, patios and grassy areas for the community to gather. The 23,840-square-foot building on the north end of the property will house already-opened FoCo Da Vinci Body and existing tenant CopperMuse Distillery. Churn Ice Cream will be the flagship of the outdoor plaza with FoCo DoCo. Vatos Tacos and Tequila, and Steamies Burger Bar occupy a portion of the shipping containers. The Pizza Press will occupy 3,125 square feet within the development’s south building. Opening dates are still being finalized.