business
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Businesses face losses after Xcel power shutoffs
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Restaurants west of Denver are still coming to grips with product losses and future revenue concerns after power shutoffs last week by Xcel Energy, which cited high winds as the rationale for the decision. “It’s like living in a third-world country,” Brandon Bortles, owner of Nosu Ramen and Abejas Bistro in Golden, said Tuesday. “We’re…
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As Denver Pavilions and Sports Castle start new eras, so does Gart Properties with next generation
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Gart Properties, a Denver real estate venture tied to a century-old family business, is entering a new era. The Gart Companies named Evan Gart, 34, as president of Gart Properties. Gart is the great-grandson of its founder Nathan Gart and has worked at the company for nine years. The Gart family business dates back to…
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Denver Summit to stay in city after council approves $70M stadium deal
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With an incredibly short timeframe to start construction on a major league women’s soccer stadium, Denver’s City Council dropped the biggest hurdle for Denver Summit FC. Now, the team plans to move forward with its stadium and stay in Denver’s urban core. “With Denver City Council voting the measure through, the club will proceed with…
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Denver office conversion being considered for downtown authority’s largest loan yet
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The plan to convert two office towers on 17th Street in downtown Denver is under consideration to get nearly $63 million from the Denver Downtown Development Authority, which could be the largest loan since the quasi-government organization expanded in 2025. The Luzzatto Co. bought the office towers at 621 and 633 17th St. at a…
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Jeffco restaurants face big losses during power outage
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The ongoing Public Safety Power Shutoff (PSPS) by Xcel Energy has caused vexation for businesses still wondering when power will be fully restored. The Evergreen Bread Lounge, nestled off Bergen Parkway, was closed Wednesday and Thursday. General Manager Tyler Butler walked into the business Thursday to find a majority of his products wasted, despite being…
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Colorado’s cost of living soars, ranks third-most expensive in the U.S.
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Colorado is now the third most expensive state to live in, according to a new report by a business group. Released on Thursday, the Colorado Scorecard “presents a mixed outlook,” according to the state chamber’s president and CEO, Loren Furman. While Colorado saw improvements in many areas, including the cost of doing business, GDP and…
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Colorado unemployment fell to 4.1% in September, delayed data shows
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Colorado’s unemployment rate is improving, according to the Colorado Department of Labor and Employment. The state recorded 134,000 unemployed people in September, 4,800 fewer people compared to August. The state’s unemployment rate fell from 4.2% to 4.1%. The national unemployment rate was 4.4%. The state released September’s data on Thursday, which was delayed by more…
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Site selectors praise Colorado workforce — but flag regulatory hurdles | FISCAL ROCKIES
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Editor’s Note: Once among the nation’s fastest-growing economies, Colorado today confronts mounting challenges that threaten its momentum. This series reveals how a state once defined by prosperity is navigating economic cliffs and ridges. We explore the impact that increased regulations, tariffs, shifting tax policies, the high cost of living and widening urban–rural divides have on businesses,…
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Colorado’s job growth slows, though economists don’t anticipate a recession
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Preliminary estimates show Colorado’s job growth slowed more than expected this year and 2026 could also see slower growth, according to the annual economic outlook from the Business Research Division at the University of Colorado Boulder released Monday. But sluggish growth doesn’t mean there will be a recession in 2026, economists said. Employment in the…
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Clash of the titans: Democratic race for governor pits two candidates similar in focus, but very different in style | Vince Bzdek
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By Vince Bzdek The race for governor is shaping up to be a clash of Democratic titans, U.S. Sen. Michael Bennet and Attorney General Phil Weiser. They are two of Colorado’s highest profile politicians with deep track records who are remarkably similar in their visions for Colorado’s future, and their choice of our state’s…
