Southern Coloradans with a little extra money to burn should take note: Several long-established chains, locally owned businesses and area newcomers are maneuvering to take advantage of the area’s growth and spending power. Developers and management related to some of the busiest centers of commerce around the city say business is good, and continued growth […]
The National Association of Realtors’ prognosis for 2007 and 2008 home sales is a little more optimistic. The NAR revised monthly forecast calls for existing home sales to fall 12.5 percent this year to 5.67 million. Last month, the association predicted 5.66 million existing homes would be sold this year. Still, the revised figure would […]
With the U.S. Olympic Committee headquarters building shell nearing completion, G.E. Johnson Construction is turning its sights to new projects. The first, a 430,000-square-foot apartment complex near Denver University at 2100 S. University Blvd. is scheduled to break ground next spring. The project’s developer is the Urban West Group. The 11-story building was designed by […]
he Patient Protection and Affordable Care Act failed to solve one health care riddle: how to pay for long-term care for the rising tide of the nation’s aging population.
ANB Bank Regional President Lonnie Parsons knows exactly which direction his bank is heading — up. Parsons took over the Denver-based bank’s Colorado Springs operations last August, a time when ANB, the Pikes Peak Region’s fifth largest bank with about $400 million in assets, was facing lending challenges and had just endured an exodus of […]
Inflation is on the minds of consumers, economists and the Federal Reserve — arguably more so than usual. Nathaniel Karp, senior economist for Compass Bank, said that economists and the Federal Reserve fear that the shock of food and energy prices could contaminate core inflation. The tool to combat rising inflation, Karp said, is to raise interest rates. But the Fed shouldn’t necessarily do that in a low-growth economy.
The future is now. Perhaps the most recent evidence of that is an ongoing international discussion about how to confront growing security threats posed by a new generation of internet-connected consumer goods such as cars, home appliances, watches and even diapers. Governments across the globe are considering the very real possibility of growth in “denial-of-service” […]
Gary Henry will be the new executive director for the Colorado Procurement Technical Assistance Center. Henry, who worked as vice president of operations at McNew & Associates before accepting the PTAC job, was also on the board of directors for the PTAC for more than three years. The PTAC is a state and federal government […]
After more than six years, David Carroll will be leaving the Western Museum of Mining and Industry. Carroll accepted a position as executive director for the Albany Institute of History and Art. He is credited with “adopting a fresh business strategy that has resulted in double-digit increases in both visitors and donors,” said board president […]
America’s next Falcon Satellite is set to be launched by SpaceX in 2016, and it will not only carry hardware and software designed along the Front Range — it will help launch the careers of many young Air Force Academy cadets. The work of AFA cadets will pay off when their FalconSAT-6 is delivered to Cape […]
Both supply and demand for commercial real estate loans, a source of funds for office, retail, warehouse and hotel construction, appear to be shrinking. That opinion, from a February Commercial Mortgage Alert, and shared by many in the construction industry, is based on the results of a January Federal Reserve Senior Loan Officer Opinion Survey […]
A local bathtub, tile and countertop surface refinishing company has announced that in September it will relocate its national headquarters to Colorado Springs. Miracle Method Surface Refinishing will move next month into its larger space near the intersection of Garden of the Gods Road and 30th Street from its current location at 5020 Mark Dabling […]