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Page 22B—

COLORADO REAL ESTATE JOURNAL

— June 17-June 30, 2015

Economic Development News

Commerce City officials recent-

ly celebrated the substantial

completion of a new, one-mile

road that extends 96th Avenue

to Tower Road, providing a new

east-west connection for resi-

dents and commuters.

The two-lane road provides

drivers another transportation

alternative across the city from

Interstate 76 to E-470.

“I am proud to watch Com-

merce City’s vision of a ‘Qual-

ity Community for a Lifetime’

become a reality,” said Mayor

Sean Ford. “Infrastructure

improvements like the 96th Ave-

nue roadway extension will help

foster new residential and com-

mercial development that will

benefit all areas of our city.”

While the east-west connection

was on the long-term “to-do”

list, it was able to be completed

sooner than anticipatedwhen the

Buffalo Highlands Metropolitan

District stepped up to become

a partner. A 6 percent loan from

the city, coupled with investor

capital, will allow national home-

builders and commercial devel-

opers to access a key corridor that

would’ve remained landlocked

for years without infrastructure,

according to the city. The dis-

trict expects to break ground on

model homes by the end of the

year. The approximately $7.4 mil-

lion project was constructed by

Scott Contracting and CEI; Edi-

fice LLC was the construction

manager.

Commerce City  Commerce City celebrates new east-west connection

The Downtown Denver Part-

nership recently presented its

54th annual Downtown Denver

Awards program.

“We are grateful for the oppor-

tunity to take a moment each year

to celebrate the excellent achieve-

ments that advance us toward our

vision of a world-class center city,”

saidTamiDoor, president andCEO

of the Downtown Denver Partner-

ship. “This year’s winners are city

builders who have made Denver

stronger, and they are instrumental

in establishing downtown as the

economic engine that drives the

city, state and region.”

The award winners were the

Denver Public Library and its

125th anniversary; Denver Union

Station for renovating and devel-

oping Denver Union Station in its

entirety; Emily Griffith Campus

and Downtown Expeditionary

School for converting a 52-year-

old vacant building into an edu-

cation mecca; Free MetroRide for

creating a quality, high-frequency

downtown connection for com-

muters between Denver Union

Station and Civic Center Station;

Mile High United Way Morgridge

Center for Community Change

for building and opening a new

63,000-square-foot headquarters

that serves as an anchor in Arapa-

hoe Square; Renaissance Denver

Downtown City Center Hotel for

investing in and renovating down-

town Denver’s historic Colorado

National Bank into a 230-room,

four-star hotel; and Stout Street

Health Center and Renaissance

Stout Street Lofts for constructing

a dual-purpose development that

provides vital resources, including

increasing health care access for

up to 18,000 homeless individuals

each year and providing support-

ive housing for those who were

formerly homeless.

Downtown Denver Partnership  DDP presents 54th annual Downtown Denver Awards

The Economic Development

Council of Colorado at its annu-

al Spring Conference gave out

its 2014 awards for excellence in

the field of economic develop-

ment in Colorado.

This year's recipients were

chosen from seven categories.

The Volunteer(s) of the Year

award was presented to Andy

Bade and Dave Humenik

to assist the vice president of

the Longmont Area Econom-

ic Council after the president

left the organization in August

2013. The pair assisted is every

aspect of running and maintain-

ing the organization.

The Partner of the Year award

Economic Development Council of Colorado  Economic Development Council of Colorado gives awards

First Watch Restaurants opened

its first Colorado location at 100 E.

120th Ave. in Northglenn’s Web-

ster Lake Promenade.

The restaurant, which serves

breakfast, brunch and lunch, at

the southeast corner of Interstate

25 and 120th Avenue, is the first

of eight planned First Watch res-

taurants between Fort Collins and

Colorado Springs as part of a fran-

chise agreement with Fresh Start

Colorado LLC.

“I’ve been lucky enough to call

Colorado home for decades, and

we know that opening this new

First Watch is the start of a won-

derful thing for the Denver metro

area,” said Richard Boyle, the fran-

chise group’s managing partner,

who also served as a franchisee

for Burger King in Colorado for

around 30 years. “This city is so

full of incredible restaurants and

culture, and I’m confident that the

foodies here will love the fresh

ingredients and unique menu

items FirstWatch is bringing here.”

The Colorado locations are

scheduled to open during the

next five years and be operated by

Boyle and his business partner Bill

Schuck.

Updates…

n

The Northglenn Urban

Renewal Authority awarded two

Brownfield Community Wide

Petroleum and Hazardous Mate-

rials Assessment grants totaling

$400,000 from the U.S. Environ-

mental ProtectionAgency.

These grants are to be used for

communities to assess, cleanup,

and redevelop contaminatedprop-

erties. This year, $54.3 million in

newgrantswere given to 147 com-

munities across the U.S.

In Northglenn, the focus area of

the grantswill be on theWest 104th

Avenue District in the southwest

commercial portion of the city,

where, over the next three years,

funds will be used in assessing,

identifying and conducting envi-

ronmental site assessments. In

addition, funds will be used to

complete a citywide brownfields

site inventory, prioritization of sites

to be remediated, development of

cleanup plans for contaminated

sites and development an area-

wide plan.

“Thesegrantswillbeveryhelpful

as we move forward with redevel-

opment of some of the older com-

mercial areas of Northglenn,” said

Debbie Tuttle, manager of North-

glenn Economic Development and

executive director of NURA. “As

commercial areas and buildings

age we often find they have both

internal and external environmen-

tal issues. In order to redevelop

them and attract developers and/

or end-users, environmental test-

ing and cleanup is required.”

The West 104th Avenue District

includes the larger area around

the Huron Center, a designated

blighted area, and the Northglenn

Marketplace and surrounding

areas, where smaller issues are

present. Areas outside of the West

104th Avenue District also will be

assessed.

Northglenn Economic Development  First Watch Restaurants opens first Colorado location

The city of Thornton named

the winners of its 2015 Business

Recognition Awards at the 28th

annual Business Appreciation

Event. The awards and recipi-

ents were:

Entrepreneurial Spirit: Vista

Eye Care, 13695 Colorado Blvd.

This award recognizes a small

Thornton business that has

shown excellence in ingenuity,

effort, or has made a significant

impact on the community. Vista

Eye Care is a locally owned busi-

ness that recently expanded to

a new building to better assist

more clients with special needs.

Retailer of the Year: Derby

Bicycle Center, 410 E. 104th

Ave. This award recognizes a

Thornton retail business that

has shown excellent customer

City of Thornton Office of Economic Development  Thornton names 2015 Business Recognition Awards

For complete contact information, links and

Key Facts, visit ou

r Web site, www.crej.com.

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

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

Please see EDCC, Page 23B Please see Thornton, Page 23B