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Anschutz's Xanterra gets temporary contract to keep running Grand Canyon services
A looming showdown between Philip Anschutz's Colorado company that operates hotels and other visitor services at Grand Canyon National Park and the iconic park's administrators that could have led to the shutdown of some facilities has been postponed.
Greenwood Village-based Xanterra Parks & Resorts Inc. said Friday it has reached an agreement with the National Park Service to continue operating most facilities at the park's heavily visited South Rim under a temporary contract.
Xanterra and predecessor…
Want to ban fracking? Be ready to pay up under Colorado Legislature bill
Counties that enact a ban on fracking would have to compensate the owners of mineral rights under a bill Rep. Perry Buck, R-Windsor, plans to introduce during the 2015 legislative session.
Senator-elect Jerry Sonnenberg, R-Sterling, will sponsor the bill in the Senate, Buck said.
"It's only fair, if you have an asset like mineral rights, that you're allowed to receive the value for it," Buck said.
Last summer, Sonnenberg, as a state Representative, backed a ballot proposal called Initiative 121…
4 Colorado ski bars are among top 10 in U.S. (Slideshow)
There's nothing quite like tossing back a crisp craft brew with friends after a long day carving lines down the slopes.
Seriously. The aprés-ski scene is just as important to resorts as the feet of snow piled up on the ground.
Of the thousands of spots in the country where skiers can check in for a bite or beer with friends, four Colorado bars found a place on Foursquare's top 10 aprés-ski bars in the nation.
Click the image above to view the top 10 aprés-ski bars in the country, according…
Greenbriar Plaza Shopping Center in Denver sells for $8.2 million
Greenbriar Plaza Shopping Center in Denver has sold for $8.2 million to a California-based investment company, JS Western Retail Investments.
The shopping center encompasses 114,120-square-feet and is situated on nine acres from 7041 to 7181 Pecos St. It is fully occupied by tenants such as Family Dollar, Ace Hardware and Pizza Hut.
"We liked this property as it suited our investment appetite to acquire well-located retail assets in growing markets in the Western States," said Scott Tiano, president…
Wells Fargo opens first new branch in metro Denver since 2009
Wells Fargo & Co. (NYSE: WFC) has opened a new branch in Highlands Ranch — its first new Colorado location since the Wells Fargo-Wachovia merger in 2009, the bank said in a statement Friday.
The new store, at 8677 S. Quebec St., is a LEED-certified building using — among other things — sustainably grown, harvested and manufactured wood materials, low-toxic paints; and a light harvesting system that cuts energy use by automatically adjusting indoor lighting for maximum use of available daylight.
Summit Materials of Denver files for IPO with value of $100M
Denver-based Summit Materials Holdings Inc. has filed for an initial public offering.
Summit Materials supplies ready-mix concrete, cement, asphalt paving and other materials to the construction industry.
Summit, which moved its headquarters to Denver in 2013, yesterday filed an S-1 document with the Securities and Exchange Commission, one of the first steps toward becoming a company public.
The preliminary prospectus, which is incomplete and can be changed, shows that the IPO could be valued…
2 Colorado cities among 100 best for raising families with 1 in top 10 (Slideshow)
Finding the right place to raise a family is a top priority for most parents.
And two of the top 100 cities in the country for bringing up kids are in Colorado, with one cracking the top five.
Castle Rock is the fourth best community in the nation for raising children, according to a report released Thursday by Apartment List.
"Castle Rock families love their city and frequently talk about how it combines the best of two worlds," said Apartment List in its ranking.
Loveland squeezed into the…
Denver audit faults city's minority business efforts
A Denver program intended to help companies owned by women and minorities bid for construction jobs is "broken," according to an audit.
KMGH-TV reports more than 700 businesses participate in Denver's Minority/Women's Business Enterprise program, but 70 percent have never landed a contract with the city. The audit also found the city can't show the effectiveness of the program.
"A very small number of firms are awarded the lion's share of the work," Dennis Gallagher, the city auditor, said in a…
Colorado unemployment drops to 4.1% despite loss of payroll jobs
Colorado's unemployment rate dropped to 4.1 percent in November, its lowest rate since January 2008, as 8,200 more people counted themselves as employed, according to a survey of households.
But according to a different survey, of employers, the state lost 2,500 payroll jobs from the previous month, the Colorado Department of Labor and Employment reported Friday.
The household survey includes the self-employed, farm workers and certain household domestic workers; the employer (or "establishment")…
Janus CEO calls Bill Gross 'our Peyton Manning'
Bill Gross, the former Pimco bond king who's now at Denver's Janus Capital Group, is receiving high praise from company CEO Richard Weil.
"Bill Gross is our Peyton Manning, that game-changing level of talent for us," Weil told Bloomberg. "People are looking at us."
Bloomberg described hiring Gross as "the boldest step yet in an almost five-year effort by Weil to attract new money and change the public perception of Janus, a firm still known primarily for its growth-equity funds."