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U.S. Senate votes to continue work on Aurora VA hospital
The U.S. Senate Friday passed a short-term measure to allow construction to continue at the Department of Veterans Affairs' troubled hospital project in Aurora.
The move follows similar action in the U.S. House of Representatives on Thursday.
Under the measure, the VA can spend the additional money needed to keep work going on the half-finished project for the next three weeks while officials try to work out a funding plan for finishing the massive facility at Interstate 225 and East Colfax Avenue.
Colorado urban-renewal projects halted or in jeopardy, reform opponents tell Hickenlooper
One Denver-area urban-renewal project is on hold and others — including high-profile redevelopments at the former University of Colorado Health Sciences Center site and Gates Rubber plants — could be shuttered if Gov. John Hickenlooper signs an urban-renewal reform bill, opponents have warned.
Vectra Bank President/CEO Bruce Alexander confirmed that his bank has halted a $20 million transaction related to the tax-increment financing of a suburban Denver redevelopment project that he declined…
Boulder retailer Fresh Produce sells assets to new company amid bankruptcy
Following its April Chapter 11 bankruptcy protection filing, Boulder-based women's clothing retailer Fresh Produce Holdings LLC has sold its assets to a new company, Blue Strip LLC.
Blue Stripe will do business under the Fresh Produce name, according to a release Friday from the company. The transaction was approved today by U.S. Bankruptcy Court in Colorado.
Blue Stripe is a Boulder-based investment group that includes the original founders of Fresh Produce and fans of the brand, which will continue…
Denver's Curtis hotel sells for $86 million (Slideshow)
The Curtis hotel in downtown Denver has sold for $86 million to a partnership between Sage Hospitality and New York-based AllianceBernstein Holding LP.
The property — officially known as the Curtis – a DoubleTree by Hilton — was formerly owned by a partnership between Sage and Fundamental Advisors LP.
The hotel — known for its quirky decor and retro pop-culture vibe — is located at 1405 Curtis St. across the street from the Denver Performing Arts Complex.
Last year it wrapped up $7 million…
Hickenlooper asks Interior chief to intervene in threatened Colorado coal mine shutdown
A northwest Colorado coal mine that is in danger of being shut down has commanded the attention of Gov. John Hickenlooper, who is concerned about its closure would have on the state.
Hickenlooper on Friday asked U.S. Interior Secretary Sally Jewell in a letter to "do everything possible” to prevent a shutdown of the Colowyo Coal Mine near Craig.
The mine currently employees about 220 people and supplies coal that powers the Craig Station, one of the state's largest coal-fired power plants. According…
Oklahoma bank specializing in real estate lending makes move into Denver
An Oklahoma-based bank that specializes in real estate lending is making a move into the Denver market.
Kirkpatrick Bank, a privately held bank, expects to open its Denver office by the end of July. Katherine Kaley, a long-time Denver banker, has been named Kirkpatrick's president of the Denver market.
"Kirkpatrick Bank has a specialty expertise in real estate and construction lending, within its capabilities in general commercial lending," said Trent Stafford, Colorado market president.
Here's where Denver ranks among the nation's most business-friendly cities
Denver has landed in the top 10 on a new MarketWatch list of the nation's most business-friendly cities.
Denver comes in at No. 10 — but San Francisco-based MarketWatch says that "our scoring method showed there wasn’t much of a point spread between No. 1 and No. 10."
Denver scored 1,563 points in the MarketWatch evaluation, versus 1,687 points for No. 1 Dallas out of a possible score of 2,350.
MarketWatch said it ranked the nation's 100 largest cities based on 23 data points having to do…
Golf weekend on the Oregon coast? There's a new airline route for that
United Airlines will launch the first-ever nonstop flight between Denver and North Bend, Oregon, this summer — a route designed primarily to carry people to Oregon’s coastal region.
The twice-weekly route, operated for Denver International Airport’s largest carrier by SkyWest Airlines, will launch on July 1 and run through Oct. 18. A 70-seat CRJ-700 jet will leave DIA at 11:20 a.m. Sundays and Wednesdays, landing in North Bend at 1:15 p.m., and will take off again from North Bend at 2 p.m.…
Village at Wolf Creek ski development clears major hurdle
The U.S. Forest Service approved a land exchange Thursday that will help move the proposed Village at Wolf Creek development forward.
The Durango Herald reports that although the development still must clear other hurdles to get final approval, it marks the end of the involvement of the Forest Service.
The development at the Wolf Creek ski resort has been in the works since 1986, after Texas billionaire B.J. “Red” McCombs proposed to swap 177 acres of private land in a large meadow below the…
Historic Denver home may be foreclosed on following $560K in fines
A historic Denver home in the Highland neighborhood is on the path to foreclosure following $560,000 in fines that have accumulated since May 2013.
The city of Denver has filed to foreclose on the Bosler House at 3209 W. Fairview Pl., designated a landmark in 1984, in an effort to "ensure its rehabilitation and preservation," said Denver's Community and Planning Development spokeswoman Andrea Burns.
It was determined to be neglected and derelict in a December 2013 ruling. The Denver Post reports…