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, […]
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 […]
- Second tower planned at Denver’s Tabor Center
DENVER — An office project decades in the making is coming to downtown Denver. The Denver Post reports that Davis Partnership Architects has submitted a concept review to the city for Two Tabor, an 800,000-square-foot, 33-story office building. The development would be located between Larimer and Lawrence streets, northeast of the 16th Street Mall and would include retail space on the ground floor. One Tabor Center at 1200 17th St. was opened in 1984, with developers planning a second tower. Those plans were put on hold with the economic downturn in Denver of the late 1980s. Tabor Center is owned by Chicago-based Callahan Capital Partners.
- Cybersecurity firm Coalfire names new CEO
WESTMINSTER — Coalfire Systems Inc., a Westminster-based cybersecurity company, has a new CEO. The Denver Business Journal reports that Tom McAndrew, the company’s chief operating officer, will assume the CEO position, effective April 1. He replaces Larry Jones, the board chairman who took over the CEO position on the unexpected death of founding chief executive Rick Dakin. Coalfire moved its headquarters from Louisville to Westminster in September 2015. The company in December 2016 acquired Veris Group, a Virginia company. The company employs about 530 people.
- Loveland appoints Jackson to public works director position
LOVELAND — The deputy director of the Fort Collins Department of Community Planning, Development and Transportation has left that post and will come to work as Loveland’s director of Public Works. Mark Jackson, a 25-year resident of Loveland, has been appointed to the top position in Loveland’s Public Works Department. Jackson was among three finalists for the position who interviewed March 8. He began his public service career in 1993 with the Denver Regional Council of Governments, including a three-year term as chief transportation planner. He joined Fort Collins city government in 1999 and has held the deputy director position since 2013. The Loveland Public Works Department has 155 employees spread over multiple divisions, including streets, solid waste, stormwater, project engineering, development review, fleet management, facilities management, transit and transportation. The department has a current-year budget of $56.6 million. “Mark has all the abilities, skills and other attributes we were seeking in filling this important position,” said Deputy City Manager Rod Wensing, who coordinated the search. “Moreover, he is someone we know, and who knows our community. That’s a huge benefit.” Jackson’s salary will be $136,000.
- For Collins chamber seeks nominations for small-business awards
FORT COLLINS — The Fort Collins Area Chamber of Commerce is accepting nominations for the 2018 Small Business of the Year Awards. The chamber defines small business as an independently owned and operated business headquartered in Northern Colorado and is organized for profit. The business is required to have 200 employees or fewer to be eligible. Community members may nominate area businesses in the following categories: • 1-10 employees. • 11-50 employees. • 51-200 employees. • New Kid on the Block (a company that has been in business for fewer than three years). To receive a Fort Collins chamber Small Business of the Year Award, the business must be a member of the Fort Collins chamber at the time the award is presented. Businesses will be judged on community involvement and stewardship, commitment to good business practices, overall business growth and innovation, and workplace culture and employee relations. All nomination forms are due by April 9. The winners will be revealed at the Celebrating Small Business event on May 24 at The Drake Centre, 802 W. Drake Road. The event will celebrate small businesses and their contributions to Fort Collins and will be followed by the Business After Hours Trade Show. Nomination forms are available online here or by contacting Heather Emory at 970-482-3746 or firstname.lastname@example.org.
- Real Estate Summit ticket prices increase on Saturday
LOVELAND — Just a day remains to get tickets to the inaugural Northern Colorado Real Estate Summit at the $74.49 price point. They will increase to $84.49 on Saturday. The event will be 7:30 a.m. to 3:30 p.m. at the Embassy Suites in Loveland on Tuesday, March 27. The event will feature keynote speakers addressing the future projections for both commercial and residential real estate, provide insights into all the major commercial developments in Northern Colorado, include time with vendors from numerous real-estate-related industries. VanEd credits are available for Realtors needing to keep their licenses up to date. To find out more about the conference, go to this website.
- Sagebrush progressing on redesigned, downsized building project in Boulder
BOULDER — Denver-based Sagebrush Cos., a real estate investment and development firm, on Thursday said that it plans to break ground during the fourth quarter on a 54,000-square-foot industrial office building at 5125 Pearl Parkway in Boulder. The three-story building has a conventional design and a smaller footprint compared with plans announced in 2016 that called for an 80,000-square-foot building with a futuristic design that resembled a spaceship. The building will be constructed on a 2.5-acre site, about a mile from the new Google campus located at the southwest corner of Pearl and 30th streets. “This will be a high-quality creative industrial office building that will fill a need in Boulder, especially considering the impact of the new Google campus and explosive development on the east edge of Boulder, Robert “Jake” Jacobsen, chief executive and founder of Sagebrush, said in a prepared statement. Don Caster, a principal, and president of acquisition and development at Sagebrush, told BizWest by phone that construction on the industrial building is scheduled to begin sometime in the fourth quarter of this year. “The project has been approved, and right now we are in the process of finalizing permits,” Caster said. Caster said the two factors that caused the change in design and size were the inability to find contractors who could build the futuristic design, and the cost of the project. Caster said the futuristic design was coming in at $400 per square foot, and the cost of the conventional design that will be built is $200 per square foot. [advert] The architect and general contractor is the Beck Group based in Denver. It will be a Class A development meeting Gold LEED standards. The firm has been active in the Boulder real estate market in recent months, most recently selling a property at 2691 30th St., a property they received multiple offers for and ultimately made the decision to help address the city’s homelessness strategy when selecting the buyer, ALR Investments.
The original design of Sagebrush Cos.’ office building was scrapped for a more conventional, less expensive and easier to build design. Courtesy Sagebrush Cos.
Denver-based Sagebrush Cos.’ redesign of an industrial office building it will build later this year at 5125 Pearl Parkway in Boulder. Courtesy Beck Group.
- Gaia Inc. offering 2.3 million shares in public offering
LOUISiILLE — Gaia Inc., which operates a video-streaming service worldwide focused on well-being and yoga, said on Thursday it will offer about 2.3 million shares of common stock in a public offering. Louisville-based Gaia (Nasdaq: GAIA) is selling the stock for $15 a share in hopes of raising $35 million. After deducting the underwriters’ discount and other estimated offering expenses, Gaia expects to have $32.3 million that will be used for general corporate purposes, including working capital. Gaia granted the underwriters a 30-day option to purchase at the public offering price, less the underwriting discount, up to an additional 350,000 shares of Class A common stock to cover over-allotments, if any. The sale closes March 26. Los Angeles-based B. Riley FBR Inc. is acting as the sole book-running manager for the offering. Lake Street Capital Markets in Minneapolis will serve as lead manager, and Dougherty & Co. in Minneapolis will serve as co-manager for the offering. Roth Capital Partners based in Newport Beach, Calif., advised Gaia.
- Downtown Artery names new managing director
FORT COLLINS — Downtown Artery, an arts hub in downtown Fort Collins, has hired Andrew Schneider as managing director. Schneider will lead the organization through a period of growth and transformation, the organization said. Schneider will also continue to work with Create Places, a nonprofit economic and workforce development agency that he co-founded. Create Places provides support to increase creative and arts-related employment in Northern Colorado through initiatives such as Techstars Startup Week Fort Collins, Artup Week Fort Collins, Open Streets, North Fort Neighborhood Connections, and others. Downtown Artery, a 14,000-square-foot hub for the arts, was recognized earlier this month by the Colorado Business Committee for the Arts for outstanding partnerships and engagements with the arts. Downtown Artery co-founder and current managing director Amy Bradley will remain on the board of directors as she pursues opportunities that will allow her to spread the vision and philosophy of the Downtown Artery to other communities. “I am fortunate to join a wonderful, dedicated team at Downtown Artery and I’m thrilled to work with them. Amy has been amazing and will be sorely missed in the day-to-day operations. I’ve had the pleasure of partnering with Amy on a broad range of projects over the years and look forward to the next chapter in our relationship,” Schneider said in a prepared statement. Kent Bradley, board chairman of Downtown Artery, said the organization will be exploring how to best structure itself. It may stay as an LLC and transition toward becoming a B Corp or ESOP, or it might transition into a nonprofit. “Andrew is uniquely gifted to help the organization discern the best path forward. We retain our vision of a vibrant community where art is valued, artists are empowered, and creativity is sparked,” Bradley said. Schneider previously worked in the creative community of Los Angeles but returned in 2008. He is known as an evangelist for the power of the arts. He’s a 2016 winner of BizWest’s 40 Under Forty award for up-and-coming leaders.