Colorado Springs Business Journal (CO) articles from July 2006

Colorado Springs Business Journal (CO) archives from July 2006

Colorado Springs developer, Sunrise Co. buy Garden of the Gods Club.
July 7, 2006... Byline: Becky Hurley It's the dawning of a new age one for one of the city's most prestigious resort developments. After 50 years of ownership by the Hill Development Corp., the Garden of the Gods Club, Kissing Camels Club and more than...

The Book Broker in Colorado Springs to close doors in February.
July 7, 2006... Byline: Rob Larimer Downtown Colorado Springs will lose another of its literary businesses when The Book Broker closes its doors in February. News of the bookstore's closing comes in the wake of the nearly 100-year-old Hathaway's magazine...

How did casinos gain exemption from Colorado's smoking ban?
July 7, 2006... Byline: John Hazlehurst Editor's note: On the eve of effective date of the Colorado Clean Indoor Air Act, otherwise known as the smoking ban, the Business Journal tried to trace the process by which the act became law. Specifically, CSBJ...

Commentary: Immigration: a solution, not a problem?
July 7, 2006... Byline: John Hazlehurst Businesses have no difficulty defining success -- or failure. Create a product or service, take it to the market and sell it above cost -- success! And if nobody wants what you've made, or if your competitors have...

Colorado smoking ban prompts uptick in patio construction.
July 7, 2006... Byline: Rob Larimer Amid speculation about how Colorado's smoking ban will affect business, a number of Colorado Springs restaurants and bars are planning to accommodate tobacco-using customers by building outdoor smoking patios. At least...

Executive Director John Sheehan coordinates summer theatre festival.
July 7, 2006... Byline: Colorado Springs Business Journal Staff All the world may be a stage, but Colorado Springs and Woodland Park play host to a troupe of international performers only once a year. They come as part of the Colorado Festival of World...

Colorado Springs Financial Briefs: July 7, 2006.
July 7, 2006... Byline: Rob Larimer Nearly two years after its move into Colorado Springs, First Community Bank is expanding into its second office. The bank will open a 10,058-square-foot branch at 5225 N. Academy Blvd. on July 17. More than just...

Colorado Springs Medical Briefs: July 7, 2006.
July 7, 2006... Byline: Amy Gillentine Consumers now have access to updated information about the quality of care provided in Colorado's hospitals. The Colorado Health and Hospital Association (CHA) Performance and Quality Group, which released...

Colorado Springs Real Estate Briefs: July 7, 2006.
July 7, 2006... Byline: Becky Hurley Randy Dowis and John Onstott of NAI Highland Commercial represented the seller, Realty Development Services LLC, and the buyer, Corporate Office Properties Trust Newport D LLC, on the $2.25 million sale of 12.77 acres...

Colorado Springs Retail Briefs: July 7, 2006.
July 7, 2006... Byline: Joan Johnson Walgreen Co., the largest U.S. drugstore chain based on revenue, posted an increase in prescription drug sales during the third quarter, citing the Medicare drug benefit program as the source. The company reported a...

Citizenship proof could prove to be a hardship.
July 7, 2006... Byline: Amy Gillentine New identification requirements - aimed at removing illegal immigrants from the Medicaid rolls - went into effect last week, but it will be some time before hospitals, clinics and other health care providers will be...

Small business owners honored by Colorado Springs Chamber of Commerce.
July 7, 2006... Byline: Colorado Springs Business Journal Staff Small business is a big deal to the nation's economy, and it's no different in Colorado Springs. It's a fact that the Greater Colorado Springs Chamber of Commerce is well aware of. Last week...

Gay & Lesbian Fund named foundation of the year.
July 7, 2006... Gay & Lesbian Fund named foundation of the year The Gay & Lesbian Fund for Colorado has been named the Foundation of the Year by the Shaka Franklin Foundation for Youth, a Colorado organization devoted to addressing issues related to teen...

Commentary: United Way 2-1-1 hotline marks 2nd anniversary.
July 7, 2006... Byline: Mike Boyd Pikes Peak United Way is celebrating the second anniversary of its 2-1-1 hotline, which provides free information to residents about health and human services providers in the Pikes Peak region. During the past year, more...

PRACO receives regional ADDY recognition.
July 7, 2006... Byline: Colorado Springs Business Journal Staff PRACO Public Relations Advertising Co. has received 14 regional ADDY awards in the nonprofit, tourism and health care sectors. PRACO's STOP Family Violence Coalition print campaign received a...

SBA: Record year for small business contracts.
July 7, 2006... Byline: Colorado Springs Business Journal Staff Small businesses received a record-breaking $79.6 billion in federal prime contracts in 2005, $10 billion more than in 2004, according to the Small Business Administration. The contracts...

Colorado Springs Police Department wins first place in law enforcement challenge.
July 7, 2006... Byline: Colorado Springs Business Journal Staff The Colorado Springs Police Department was awarded first place in the National Law Enforcement Challenge. The competition evaluates three major traffic safety priorities: occupant protection,...

Police department wins first place.
July 7, 2006... Byline: Colorado Springs Business Journal Staff The Colorado Springs Police Department was awarded first place in the National Law Enforcement Challenge. The competition evaluates three major traffic safety priorities: occupant protection,...

Brown & Brown Insurance of Colorado Inc. acquires Twin T Insurance.
July 7, 2006... Byline: Colorado Springs Business Journal Staff Brown & Brown Insurance of Colorado Inc. has acquired Twin T Insurance Inc. Twin T is a commercial insurance agency that specializes in insuring contractors and banks. Tom Titsworth opened the...

Woodmoor Executive Suites changes hands.
July 7, 2006... Byline: Colorado Springs Business Journal Staff Dee Hampton has purchased Woodmoor Executive Suites in Monument. The business provides furnished office suites with phone and fax lines, copier services, conference rooms and a full-time...

U of Colorado at Colorado Springs places sixth at robotics competition.
July 7, 2006... Byline: Colorado Springs Business Journal Staff The University of Colorado at Colorado Springs' Institute of Electrical and Electronics Engineers placed sixth at the Association for Unmanned Vehicle Systems International Seafarer's Unmanned...

Gay & Lesbian Fund of Colorado named foundation of the year.
July 7, 2006... Byline: Colorado Springs Business Journal Staff The Gay & Lesbian Fund for Colorado has been named the Foundation of the Year by the Shaka Franklin Foundation for Youth, a Colorado organization devoted to addressing issues related to teen...

Colorado ranks number two in the nation for the rate of the 2005 entrepreneurial activity.
July 14, 2006... Byline: Rob Larimer More Coloradoans started their own businesses last year than entrepreneurs in all but one other state. Colorado ranked No. 2 in the nation for the rate of entrepreneurial activity in 2005, according to a study by the...

Colorado legislators support business-unfriendly initiatives.
July 14, 2006... Byline: John Hazlehurst At lunch a few weeks ago at Phantom Canyon, one of our city's leading economic development honchos, we'll call him Mr. H., was asked why the local business community doesn't seem to have any clout with the El Paso...

Real Estate agency purchases former Hathaway building in Colorado Springs.
July 14, 2006... Byline: Becky Hurley The lure of a busy main street paired with the opportunity to be the first to open a downtown real estate office has spurred Wayne and Sylvia Jennings and Debra and Luke Faricy of Re/Max Properties' Peakdream.com to...

Son takes over father's Colorado Springs family business.
July 14, 2006... Byline: Colorado Springs Business Journal Staff About two years ago, Homer Henley retired from the business he started in 1945, Henley's Key Service. Today his son, Paul Henley, runs the business. You may have seen Henley's signature 1929...

Consumer identity theft freeze law now in effect.
July 14, 2006... Byline: Rob Larimer A law that gives consumers the right to freeze their credit files went into effect July 1. The law allows consumers to block access to their credit reports and scores by "freezing" the account, and making it impossible...

Seven research finalists chosen for BioWest 2006.
July 14, 2006... Byline: Amy Gillentine Novel cancer drugs; innovative treatments for blood cancers and clotting; new ways to attack inflammatory and infectious diseases; ground-breaking compounds to treat osteoporosis and metastatic bone disease;...

Industrial sales and leasing activity are on a rise in Colorado Springs.
July 14, 2006... Byline: Becky Hurley It's as if industrial users and local business owners have suddenly decided to make their move, adding warehouse space, outside storage yards and building owner-occupied industrial units. Evidence comes from Grubb &...

Illinois research scientists create a new fabric from corn.
July 14, 2006... Byline: Joan Johnson After years of testing, research scientists in Illinois have created a new fabric from corn. Tate & Lyle, the food-ingredient company behind the breakthrough, is building a plant in Tennessee, and should have the...

Progressive Insurance Group opens data center in Colorado Springs.
July 14, 2006... Byline: Colorado Springs Business Journal Staff Progressive opens data center in Colorado Springs The Progressive Group of Insurance Companies has completed construction of its data center and document production facility in Colorado...

Colorado provides grant money to encourage bioscience research.
July 14, 2006... Byline: Amy Gillentine Colorado is joining the bandwagon of states that are providing grant money to encourage bioscience research. The legislature has earmarked $2 million of state gaming proceeds for small grants to encourage bioscience...

Corporate philanthropy is part of being a responsible corporate citizen.
July 14, 2006... Byline: Amy Gillentine No matter how small or large, companies say philanthropy is smart business -- and part of being a responsible corporate citizen. "It's definitely a very important part of who we are as a company," said Bill Hurt,...

Online social networking can ruin a career.
July 14, 2006... Byline: Joan Johnson Social technology, blogging, is a networking tool that can provide job seekers with a powerful option in their hunt for employment, but if misused, sites such as MySpace.com and Facebook can ruin a career. Employers...

Older workers and their perspective employers face unique challenges.
July 14, 2006... Byline: Joan Johnson When it comes to work, age is relevant, but older job seekers - and their prospective employers -- often face a unique set of challenges. Census data shows that the number of people 65 and older is expected to increase...

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Colorado Springs Cooper Tower introduces a hotel condominium.
July 14, 2006... Byline: Becky Hurley The Cooper Tower at Kiowa Street and Nevada Avenue will soon vault 24 stories into the downtown sky, bringing with it an entirely new concept in residential living: the condominium hotel. Senior city planner Steve...

The Franklin L. Burns School of Real Estate and Construction in Denver provides market update.
July 21, 2006... Byline: Becky Hurley The Colorado Real Estate and Construction Management Update will once again focus on market analysis, the economy, military growth and an overview from the U.S. Olympic Committee's chief executive officer, Jim Sherr....

Colorado Springs 49-year-old downtown store prepares for final liquidation.
July 21, 2006... Byline: Joan Johnson Downtown is losing yet another historical shop. John Eastham, owner of Whickerbill Gifts at 2141/2 N. Tejon, is preparing for a final liquidation of his 49-year-old gift store. Everything in the store will be on sale...

Resurgence in consumer technology spending helps drive tech-sector job-cut announcements.
July 21, 2006... Byline: Amy Gillentine A resurgence in consumer technology spending and the expansion of Web 2.0 helped drive tech-sector job-cut announcements to the lowest quarterly total in nearly six years, according to global outplacement consultancy...

Companies focus on becoming more energy efficient.
July 21, 2006... Byline: Amy Gillentine The business world might be nearing a "tipping point" -- as companies focus on becoming more efficient, using less energy and implementing renewable and sustainable practices. Businesses including GE Electrics and...

Keep our oil addiction, end our self-assertion allergy.
July 21, 2006... Byline: Alex Epstein Politicians and commentators from both parties are decrying our "addiction to oil." They exhort us to embrace costly programs to reduce our consumption of oil as quickly as possible. The primary rationale for this is...

Colorado-based Mountain Post Historical Museum will cost $13M to build.
July 21, 2006... Byline: Lon Matejczyk Last month, the Mountain Post Historical Museum was unveiled. The 30,000-square-foot museum will include displays by Christopher Chadbourn & Associates, which also has provided displays for the Smithsonian. So get out...

Some weeks even the usual surveys aren't all that inspiring.
July 21, 2006... Byline: Mike Boyd Time to cull through the ever-growing stack of news releases that have been piling up on the credenza/hutch thingy behind my desk. In keeping with the season, we'll start off with one titled "Dog Days of Summer."...

Colorado's Rocky Mountain State Games needs volunteers.
July 21, 2006... Byline: Colorado Springs Business Journal Staff Rocky Mountain State Games needs volunteers The Sports Corp. needs volunteers for several sports for the Aug. 4-6 Rocky Mountain State Games. Volunteers will receive a State Games T-shirt and...

Colorado Springs' appeal is common among real estate investors.
July 21, 2006... Byline: Becky Hurley Colorado Springs might have just made headlines as one of the "best places to live," but based on this week's $56.5 million purchase of a real estate portfolio that includes the Sterling Pointe and Windtree apartments,...

Colorado Springs-based Adams Bank and Trust celebrates four generations of family ownership.
July 21, 2006... Byline: Rob Larimer Adams Bank and Trust is celebrating something this month that few businesses ever achieve. July marks 90 years and four generations of continuous family ownership for the bank - rare in a day when bank names revolve...

National Federation of Independent Business sponsors congressional candidate forum in Co. Springs.
July 21, 2006... Byline: John Hazlehurst On Monday, the National Federation of Independent Business sponsored a congressional candidate forum at the Broadmoor Golf Club. Six of the seven candidates seeking to represent Congressional District 5 were...

Colorado man's father persuades him to become the Service Corps of Retired Executives counselor.
July 21, 2006... Byline: Colorado Springs Business Journal Staff It was someone close to Mark Dittrich who persuaded him to become a SCORE counselor -- his father. Dittrich's dad was an active volunteer with SCORE, the Service Corps of Retired Executives....

Banks employ real-time online chat rooms to communicate with customers.
July 21, 2006... Byline: Rob Larimer A number of banks are employing real-time online chat rooms to communicate with customers -- and to pitch them additional services. Whether the pop-up chat windows will prove to be a customer service success or an...

Parkview Medical Center joins national improvement program.
July 21, 2006... Byline: Amy Gillentine In a continuing effort to measure, report and improve clinical care, Parkview Medical Center is participating in the American College of Surgeons National Surgical Quality Improvement Program. Parkview is the second...

Powering down.
July 21, 2006... Byline: Jean Paul Vellotti & Jeremy Harrell London-based National Grid PLC and KeySpan Corp. on Friday outlined the savings they plan to achieve through their proposed $7.3 billion merger. In documents filed state Public Service...

Moody's affirms airport's bond ratin.
July 28, 2006... Moody's affirms airport's bond rating Moody's Investors Services has affirmed its A3 rating and a stable outlook for Colorado Springs Airport Revenue Bonds, according to Gisela Shanahan, assistant director of aviation-finance and administration...