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COLORADO REAL ESTATE JOURNAL
— December 17, 2014-January 6, 2015
Economic Development News
The Arvada Economic Devel-
opment Association announced
its 2015 board officers: Paul Hell-
er with Sopheon Corp., presi-
dent; Michael Litzau with Sooper
Credit Union, past president;
DaveDohertywith Piper Electric,
vice president; and Jodi Thomas
with FirstBank, treasurer. AEDA
added a new board member to
represent small business: Alicia
Svaldi with Faustson Tool.
AEDA also appointed three
new retention committee mem-
bers: Vince Geva with YGAcous-
tics, Jeremy Gregory with Wells
Fargo Bank and Lori Liepold
with The Dough Source.
“AEDA’s enduring success is
due to its talented board and
retention committee members
that are committed to the orga-
nization’s mission,” said Ryan
Stachelski, AEDA Director.
“There are many projects taking
shape in 2015 and I look forward
to working with these dynamic
people.”
AEDA also recognized out-
going board member Moni Piz
Wilson with Grandma’s Frozen
Noodles for her time and part-
nership with AEDA for the past
nine years. AEDA also thanked
outgoing retention commit-
tee members Leann Canty with
Canty’s Tax & Accounting Inc.
and Alan Parker with Citywide
Bank.
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Arvada Economic Development Association
Commerce City broke ground
on a new park in the Fronterra
neighborhood.
This marks the second project
under construction in the $137
million capital improvement
program approved by voters in
2013. One of three new neigh-
borhood parks to be built in the
next five years, the 19.8-acre site
will include a hillside slide, a
small skate park, playgrounds,
multiuse fields and courts, pic-
nic shelters and restrooms.
The park, at 101st Way and
Joplin Street, is scheduled to
open late 2015 or early 2015.
Currently all but one of the
voter-approved projects is in
an active phase of design or
construction.
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Commerce City
Denver’s Office of Economic
Development provided small-
business financing to help fund
the launch of the city’s newest
and only climbing and full-ser-
vice fitness facility, Movement
Climbing + Fitness, which cel-
ebrated its soft opening Nov. 22
and 23 at 1155W. FifthAve. in the
Baker neighborhood.
“Denver’s Movement Climb-
ing + Fitness represents two of
the greatest characteristics of our
enviable quality of life here – a
vibrant climate for business start-
ups, and an undeniable commit-
ment to fitness and well-being
on the part of so many Denver
people,” said Mayor Michael B.
Hancock.
Through the OED’s Revolving
Loan Fund program, Movement
Climbing + Fitness received a
loan to finance a portion of the
costs associated with its expan-
sion into Denver. The gap financ-
ing program lends up to 25
percent of project costs, thereby
inducing banks to provide the
bulk of the financing for small
businesses. In addition to filling
the financial gap, the federally
funded program helps stimulate
job creation and revitalize down-
town and surrounding central
neighborhoods.
The new center occupies a
32,500-square-foot, newly con-
structed building that includes a
photovoltaic system supporting
thermal water heating as well
as natural daylighting. Through
these features, the facility is
expected to offset 70 percent of
its annual energy consumption.
“This project is an ideal
embodiment of our goal to more
proactively seek out and fund
environmentally sustainable
companies,” said OED Execu-
tive Director Paul Washington.
“We’re proud to welcome a new
wellness champion to help fur-
ther revitalize the Baker neigh-
borhood west of Kalamath
Street.”
The center is opening with a
staff of six full-time and 35 part-
time positions. Movement’s job
creation at the Denver site, along
with its demonstrated and rapid
entrepreneurial success at its first
location in Boulder, were also key
factors in winning the city’s sup-
port through its Revolving Loan
Fund dedicated to small compa-
nies, Washington said.
“We are honored to be the first
sustainable energy partner with
the Office of Economic Devel-
opment and have been over-
whelmed with the positive sup-
port from the Denver commu-
nity,” said Anne-Worley Moelter,
who with her husband, Michael,
created the very popular Move-
ment location in Boulder in 2009.
“We look forward to being a hub
for the climbing and fitness com-
munity and to joining the thriv-
ing Baker neighborhood and
Santa Fe Art District.”
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Denver Office of Economic Development
Station neighborhood.
Hart seeks out people who
are good at their word. “The
real estate industry is built on
trust. I prefer to work with
people who I would trust on a
handshake, not to say that’s how
we operate,” he said.
Hart believes there are many
elements to success in commer-
cial real estate: integrity, under-
standing the long-term nature of
the business and importance of
relationships, and finding some-
thing new to work on each day,
for instance. For him, it’s also
about being a “creative deal-
maker,” which means “looking
at things from a different per-
spective, being able to offer up
a different view on the market
or on a particular building or
product” and “always making
sure you’re giving your honest
opinion,” he said.
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For complete contact information, links and
Key Facts, visit our Web sit
Adams County Economic Development
Arvada Economic Development Association
Aurora Economic Development Council
Boulder Economic Council
Brighton Economic Development Corporation
City and County of Broomfield
Castle Rock Economic Development Council
City of Centennial
Colfax Business Improvement District
Colorado Springs Regional Business Alliance
City of Commerce City
Denver Office of Economic Development
Denver South Economic Development Partnership
Downtown Denver Partnership Inc.
City of Englewood Community Development Dept.
Town of Erie
Federal Heights Redevelopment Agency
Grand Junction Economic Partnership
City of Greenwood Village
Jefferson County Economic Development Corp.
City of Lafayette
Lakewood Economic Development
City of Lone Tree
Longmont Area Economic Council
City of Louisville
Metro Denver Economic Development Corporation
Northern Colorado Economic Development Corp.
City of Northglenn
Northwest Douglas County EDC
Town of Parker
Pueblo Urban Renewal Authority
Rifle Regional Economic Development Corp.
City of Thornton Office of Economic Development
Town of Superior
Westminster Economic Development
City of Wheat Ridge
Wheat Ridge 2020
Town of Windsor
For information regarding appearing in the EDC Profile
Section, please contact Jon Stern at 303.623.1148
Economic
Development
Councils Directory
Rodeway Inn &
Travelodge
Loveland, CO
97 Total Rooms
TTM Revenue $1.8M
Highly Pro table
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303.267.0057x113
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