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If you have $48.5M, you can get the Walton-owned recording retreat of the stars
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BizWest, Local

If you have $48.5M, you can get the Walton-owned recording retreat of the stars

By BizWest The Walton family, the billionaire clan that owns Walmart Inc. (NYSE: WMT), is attempting to sell Caribou Ranch, a 1,700-acre property in the Rocky Mountain foothills near Nederland that for decades served as a recording retreat for mega-star musicians such as the Beach Boys, Michael Jackson, Elton John, Stevie Wonder, Chicago and Earth, Wind & Fire. The asking price: a cool $48.5 million. Caribou Ranch, built in 1972 by record producer James William Guercio, is owned by Indian Peaks Holdings LLC, Boulder County property records show. That entity is registered with the Colorado Secretary of State’s office to the same Bentonville, Arkansas, address Walton Enterprises LLC, the Walton’s family office.  READ THE FULL STORY AT BIZWEST
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Larimer Co. assessor says 51 homes were damaged or lost in Alexander Mountain fire
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BizWest, Local

Larimer Co. assessor says 51 homes were damaged or lost in Alexander Mountain fire

By BizWest The Larimer County assessor has completed a report of property damage caused by the Alexander Mountain Fire. The report, completed Sunday, shows that 51 homes were recorded as damaged or lost. Property owners impacted by the fire could see their property values reduced, resulting in their taxes being lowered, as they recover, repair or rebuild, according to a news release from the assessor’s office. “In the months ahead, my office will continue to study damages in the Alexander Fire burn scar for any valuation adjustments on impacted properties,” Larimer County Assessor Bob Overbeck said in a prepared statement. “We’ll also be there to assist homeowners while they rebuild.” READ THE FULL STORY AT BIZWEST
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Big Lots shuttering more than half of Colorado locations among 300 nationwide
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BizWest, State

Big Lots shuttering more than half of Colorado locations among 300 nationwide

By Christopher Wood | BizWest Discount retailer Big Lots Inc. (NYSE: BIG) will close more than half of its remaining Colorado stores, including locations in Greeley and Longmont. The Columbus, Ohio-based company is closing almost 300 stores nationwide, including at least eight of its 14 locations in Colorado. The closures come a year and a half after Big Lots shuttered locations in Fort Collins, Arvada, Denver and Englewood. READ THE FULL STORY AT BIZWEST
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Wildfire concerns lead organizers to cancel Estes Park half marathon, 5K
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BizWest, Local

Wildfire concerns lead organizers to cancel Estes Park half marathon, 5K

By BizWest With several wildfires actively burning around Estes Park, the organizers of the Rocky Mountain Half Marathon & 5K scheduled for Saturday have canceled the race.  “Vacation Races (the event organizer) has been actively monitoring the developing fire crisis in Colorado for several days,” the company said in an email. “As you are aware, this afternoon the situation changed dramatically, with four new fires appearing within the last 24 hours in sporadic locations within the region. Boulder County and Larimer County fire districts, along with the Estes Park Police Department, have requested all events be canceled in Estes Park while they investigate and triage the growing evacuation demands.” Vacation races said it would give would-be runners “options to complete t...
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Millions in federal grants from FAA have been invested in safety at Northern Colorado, Boulder Valley airports
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BizWest, Local

Millions in federal grants from FAA have been invested in safety at Northern Colorado, Boulder Valley airports

By BizWest A handful of Northern Colorado and Boulder Valley airports in the last couple of months have been chosen to receive thousands in grants from the Federal Aviation Administration. This month, the FAA announced $9.7 million in grants to Colorado airports, including $513,599 to the Greeley-Weld County Airport to improve its apron, where passengers load onto parked planes. That was in addition to $10 million in grants the FAA had awarded in June, in which $609,290 went to the Northern Colorado Regional Airport in Loveland to improve its taxiway, and $315,000 that was granted to the Vance Brand Municipal Airport in Longmont to install perimeter fencing. Erie Municipal Airport received a $380,382 grant to improve its taxiway and apron. The funds were granted as a part of the F...
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Windsor developer could locate hotel, water park and Eagles hockey in West Greeley
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BizWest, Local

Windsor developer could locate hotel, water park and Eagles hockey in West Greeley

By Dallas Heltzell | BizWest Developer Martin Lind’s plans for a hotel and water park, as well as a new home for the Colorado Eagles minor-league hockey team, could shift from Loveland to Greeley. The Greeley City Council has called a special meeting for Tuesday to consider a memorandum of understanding between the city and Lind’s Windsor-based Water Valley Co. to evaluate the feasibility and public benefit of developing land in west Greeley for the hotel, water park and larger arena as part of a mixed-use, transit-oriented entertainment district. According to the council meeting packet the city posted late Friday, the project would include a new 8,600-seat arena for the Eagles that would also house an ice center with at least three sheets of ice that could be used by the Northern...
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Barbershop owner in Loveland sues city again over Centerra South development
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BizWest, Local

Barbershop owner in Loveland sues city again over Centerra South development

By Dallas Heltzell | BizWest A Loveland resident has filed a second complaint in Larimer County District Court involving the Loveland City Council’s actions surrounding the urban-renewal and financing agreements for the proposed Centerra South development. Barbershop owner Bill Jensen, who is appealing a district judge’s decision in March to throw out his complaint alleging that the previous city council’s votes to approve the agreements with developer McWhinney Real Estate Services were invalid based on open-meetings violations and improper notice, filed another complaint last week. Representing himself, Jensen’s new lawsuit contends that the council deprived him of transparency and violated open-meetings law when a quorum emerged from an executive session at 2:15 a.m. on Feb. 21...
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Platte River to break ground on largest solar project in Northern Colorado
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BizWest, Local

Platte River to break ground on largest solar project in Northern Colorado

By BizWest Platte River Power Authority will officially break ground on its Black Hollow Solar project, which will provide enough electricity to power more than 36,000 homes a year. The authority will host a groundbreaking ceremony on Wednesday to commemorate its largest solar project to date, the Black Hollow Solar project. The plan is to complete it by 2025 and deliver roughly 367,000 megawatt-hours of energy to Platte River’s system every year, according to a news release. The pandemic, tariffs and other challenges delayed the project for three years, the release said. READ THE FULL STORY AT BIZWEST
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Aims partners with Ford Motor Co. for workforce development
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BizWest, Local

Aims partners with Ford Motor Co. for workforce development

By BizWest This fall, Aims Community College will begin a program that offers aspiring automotive technicians a paid internship with a local Ford dealership while they learn.  The Ford Automotive Student Service Educational Training program will allow students to earn while they learn, according to a news release. Students alternate time in the classroom at Aims’ Automotive and Technology Center and with a sponsoring Ford or Lincoln dealer.  Aims’ program is Colorado’s only Ford ASSET program and the 41st nationwide, the release stated. This is a paid opportunity in which students earn while they learn in the classroom and on the job. Students in the program can earn an associate degree, multiple Ford Service Technician specialty training certifications and dealership ex...
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Name change: Westminster Legacy Foundation now the Westminster Community Foundation
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BizWest, Local

Name change: Westminster Legacy Foundation now the Westminster Community Foundation

By BizWest The Westminster Legacy Foundation, a philanthropic group formed in 2001 by former Westminster mayor Nancy Heil, has been rebranded to the Westminster Community Foundation. The nonprofit group also got a colorful new logo that depicts the belltower at Westminster City Hall.  “We hope our new name and logo drives Westminster residents to our website and promotes giving,” Westminster Community Foundation board of directors president Mike Lazar said in a prepared statement. “Philanthropy has the power to inspire hope and optimism. Each and every one of us can make a difference.” READ THE FULL STORY AT BIZWEST
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