City block next to Denver Athletic Club sells for $26M

By BizWest Staff A full city block next to the Denver Athletic Club has sold to a local hotelier for $26 million. Business Den reports that Denver Public Schools sold the 2.4-acre former Emily Griffith campus at 12th and Welton streets, home to the vocational school for much of the 20th century, to Stonebridge Cos. on May 25, city records show. DPS’ Board of Education approved the sale in September after the city designated the site as a local landmark. Stonebridge develops and manages 47 hotel properties nationwide, according to its website, including seven in Denver.… Continue Reading...

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Comcast beats Fort Collins to the punch with gigabit internet service

By [email protected] Comcast offers faster internet service in Fort Collins as the city weighs building its own network. Source:: Colorado Business… Continue Reading...

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CVS opens first standalone pharmacy in Colorado

By BizWest Staff CVS Pharmacy’s first standalone store in Colorado is now open, and more are on the way. The Denver Post reports that the 13,500-square-foot drugstore at 16920 E. Lincoln Ave. in Parker is the first of three CVS Pharmacy locations expected to open this year in the Denver metro area, officials for the Rhode Island-based chain said during a ribbon-cutting ceremony Tuesday. The other two, at 3770 Sheridan Blvd. in Denver and 9936 W. Bowles Ave. in Jefferson County, are on schedule to open this summer. Another is expected in Colorado Springs next year.… Continue Reading...

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Matusik sheds interim title to become dean at CU business school

By Doug Storum BOULDER — Sharon F. Matusik has been appointed dean of the Leeds School of Business at the University of Colorado Boulder after serving as the interim dean there since January. Matusik replaced economist William Kaempfer, senior vice provost and associate vice chancellor for budget and planning, who served as interim dean of the business school for two months. Kaempher had replaced David Ikenberry who resigned in August following accusations about Ikenberry’s treatment of women in the school and a report by the Daily Camera that he’d faced three gender-discrimination lawsuits in recent years.… Continue Reading...

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$225 million sports park planned for Windsor

By [email protected] Plans for a privately funded, 65-field sports park in Windsor were announced Tuesday. Source:: Colorado Business… Continue Reading...

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Neenan partners on largest health-care project in company’s history

By Doug Storum FORT COLLINS — The Neenan Co., a design-build firm based in Fort Collins, and Gerding Builders have broken ground on the redevelopment of a 126,000-square-foot hospital for Samaritan Pacific Communities Hospital in Newport, Ore. Neenan is the lead architect and general contractor for the project, partnering with Gerding Builders LLC, a construction firm in Corvallis, Ore. The project includes remodeling 40,000 square feet of the existing facility, plus an 86,000-square-foot, three-story addition. In 2015, voters passed a $57 million bond measure for the project. “We are honored to lead a project of such magnitude,” David Shigekane, president of Neenan, said in a prepared statement.… Continue Reading...

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‘Outlandish’ clothing startup nabs $3M in capital

By Jensen Werley BOULDER — Shinesty Inc., a clothing startup that specializes in making loud, brightly printed outfits for men and women, raised about $3.4 million in capital. The Boulder retailer, which landed a deal for a reality show with MTV last year, is offering equity and seeking $4.4 million, according to a Form D filed with the U.S. Securities and Exchange Commission. The form was filed May 25. Shinesty did not return a request for comment. Shinesty makes products such as American flag- and dollar-bill-printed blazers, ’80s-looking neon ski suits and tropical dresses and shirts.… Continue Reading...

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Level 3 receives more state approvals, bringing it closer to merger with CenturyLink

By Jensen Werley BROOMFIELD — Level 3 Communications Inc. (NYSE: LVLT) in Broomfield received two more state approvals it needs to confirm its merger with CenturyLink. Minnesota and Virginia are now among 15 states that have approved or cleared the massive merger, valued at $34 billion. “More than 15 states and territories have approved or cleared the CenturyLink – Level 3 merger, showing that regulators understand this transaction will create a robust, resilient and secure network and improve the combined company’s ability to meet the ever-increasing demands of customers,” John F.… Continue Reading...

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Developers announce $225M sports complex in Windsor

By Doug Storum WINDSOR — Developers on Tuesday announced that they will break ground this fall on the Rocky Mountain Sports Park in Windsor, a $225 million sports park mainly for baseball and softball tournaments expected to draw teams from around the world. Described by developers as “the world’s largest of its kind,” the park will be built on 413 acres of land at Colorado Highway 257 and Weld County Road 74, three miles north of Windsor Lake in Weld County. The property has been annexed into Windsor. The project will also include about 207 acres of land for commercial development.… Continue Reading...

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