Eminent-domain action imminent?

Transcription

Eminent-domain action imminent?
$1
BLUEPRINTS
GREEN BUILDING GUIDE
Homeowners are itchin’
to spruce up their kitchens
Builders make headway
on energy-efficient homes
SECTION B
SECTION C
Volume 32
Issue 8 | March 29 - April 11, 2013
Eminent-domain action imminent?
BY BETH POTTER
bpotter@bcbr.com
LONGMONT — City officials
paid $8,500 for an appraisal of the
Dillard’s store at Twin Peaks Mall
recently in connection with talk of
invoking eminent domain on the
property.
All details of the appraisal —
including the price of the building
Appraisal signals possible impasse
between mall developer, Dillard’s
and/or the property on which it sits,
when the appraisal was done and the
company or individual who did the
work — are considered confidential
under the “attorney-client communication privilege” and the “attorney
work product privilege” of the Colorado Open Records Act, according to
Rigo Leal, a Longmont city spokesman.
After more than a year of negotiations, Twin Peaks Mall developer
VOLUME 2 | EDITION 1 | APRIL 2013 | BIZWEST MEDIA
RESEARCH
colorado
Cancer drug could be Array’s ticket
Boulder-based biopharma enters final trials for new treatments
HELPING
AT
HOME
University researchers
improving lives of
Coloradans 10
BIOSCIENCE FLOURISHES
From Fort Collins to Aurora,
research and startups thriving 31
GROUND CONTROL
CU-Boulder’s $485 million mission
to Mars prepares for liftoff 52
SIDE-BY-SIDE
Students learn the ropes in the lab
right next to veteran scientists 72
SPONSORED BY
➤ See Eminent, 14A
Bills aim
to close
frackers’
loopholes
BY DALLAS HELTZELL
Research Colorado
reports on vital work
Universities and federal laboratories along the Front Range have a
huge impact on the local economy,
and their professors and researchers
make discoveries that improve the
way we live.
This special publication contains
feature articles highlighting the economic impact, key areas of scientific
excellence, and profiles of new initiatives and researchers.
Read about unraveling the mysteries of wildfires, 10 life-changing
ideas, and how scientists are using
genetics to redefine the “hows” and”
whys” of substance abuse.
NewMark Merrill Mountain States
appears to be at an impasse with Dillard’s over redevelopment plans for
the mall. Project manager Allen Ginsborg did not return repeated requests
for comment. Dillard’s spokeswoman
Julie Bull said March 25 that the
department store retailer had nothing
new to say when asked about possible
continued negotiations with New-
dheltzell@bcbr.com
COURTESY ARRAY BIOPHARMA INC.
Array BioPharma Inc. employee Tomas Kaplan works on a chemical
synthesis project for discovering new drugs at Array’s laboratory at
3200 Walnut St., in Boulder. Array has five drug candidates in the late
stages of development — two on its own and three in partnership with
other pharmaceutical companies. See story, 11A.
Serving Boulder & Broomfield Counties
Boulder County’s Business Journal
WASHINGTON — A bill introduced this month by Rep. Jared Polis,
D-Colo., aims to make sure oil and
gas extraction companies that use
hydraulic fracturing follow the same
federal anti-pollution rules that cover
other industries.
HR 1154 has been named the
BREATHE Act, which stands for
Bringing Reductions to Energy’s Airborne Toxic Health Effect.
Polis also is co-sponsoring a related
bill, HR 1175, dubbed the FRESHER
Act, for Focused Reduction of Effluence and Stormwater runoff through
Hydraulic Environmental Regulation,
and sponsored by Rep. Matt Cartwright, D-Pa.
CONTENTS
Awards ....................... 17A
BCBRdaily.................... 2A
Business Digest ......... 18A
Blueprints
Calendar..................... 19A
Directory of builders
CEO Roundtable .......... 4A
Section B
Editorial ...................... 22A
Green Building Guide
Eye ............................... 3A
Energy efficiency
Bioscience
Focus on medicine
11A
➤ See Bills, 14A
For the Record ........... 16A
Medical File ................ 10A
Nonprofit Network...... 19A
On the Job ................. 19A
Product Update.......... 18A
Publisher’s Notebook... 22A
Real Estate ................. 20A
Section C
Distinctive Homes
A look at luxury
Section D
LISTS
Bioscience Companies ......12A
Private-Sector Employers ..15A
2A
|
March 29 - April 11, 2013
Boulder County Business Report | www.bcbr.com
PUC blocks Xcel Energy’s smart-grid fee hikes
Editor’s note: The following is a wrapup of breaking local business stories
published daily on the Boulder County
Business Report’s website. Sign up
for our free BCBRdaily, an all local
e-news report sent to your email each
weekday. Just click on “Register for
E-Newsletters” at www.BCBR.com.
BY BUSINESS REPORT STAFF
news@bcbr.com
DENVER — Xcel Energy Inc.
will not be allowed to collect $16.6
million from customers in connection
with its SmartGridCity pilot project
in Boulder, the Colorado Public Utilities Commission ruled March 19.
The SmartGrid City project, started
in 2008, allowed Xcel (NYSE: XEL) to
manage voltage flows on appliances for
customers who signed up for it.
An administrative law judge ruled in
February that the electric and naturalgas utility should not be allowed to
collect the $16.6 million in program
costs because Xcel did not meet criteria
that showed customer benefits. PUC
commissioners upheld the administrative law judge’s decision. In particular,
Xcel’s application to the PUC to allow
the utility to recoup the $16.6 million
through customer rates did not meet
predetermined criteria, according to a
PUC spokesman.
Posted March 21.
BlogFrog renamed as TapInfluence
BOULDER — BlogFrog Inc. has
outgrown its name.
The newly named TapInfluence
Inc. in Boulder released a new, cloudbased “influencer marketing” software platform March 18.
Software on the platform will help
companies with well-known consumer brands connect with “influencers,” or people with significant
audiences on social media sites who
write about those brands, said Holly
Hamann, a company co-founder.
BCBR DAILY
In the past, Hamann said, “(our)
software was meant to help brands
connect with bloggers. Now, this is
really people with significant audiences on Facebook, Pinterest and
YouTube.”
“Influencer marketing” is seen
as increasingly important as customers ignore banner ads on websites, according to a TapInfluence
press release. So, for example, Haven
Home, a division of Reader’s Digest
North America, has signed on to
use the new software in online marketing campaigns, according to the
press release. Financial details of
the Haven Home deal were not disclosed.
BlogFrog Inc. started in 2009 in
Boulder as a network of bloggers that
grew to reach an estimated more
than 5 million female consumers
online, the company has said.
Posted March 18.
Amadeus develops OR software
BOULDER — Software developer Amadeus Consulting Services
LLC will develop an operating-room
safety system modeled after an airplane safety checklist for medicalequipment manufacturer Parallax
Enterprises LLC.
Terms of the deal between Boulder-based Amadeus and Pikesville,
Maryland-based Parallax were not
disclosed. Amadeus recently bought
a 5 percent stake in Parallax.
Amadeus is building the Consolidated Healthcare and Resource
Ma nagement s ys tem acros s a
HIPAA-compliant cloud system, an
operating room hardware suite and
an enterprise software suite. It will
use interactive checklists and a medical display that shows surgeons critical information about the patient,
along with a surgery checklist. The
system is designed to increase patient
safety and decrease medical mistakes
in the operating room.
Jeffrey Woolford, chief executive
of Parallax, is a licensed physician
and pilot, one of only 12 pilot-quali-
fied flight surgeons in the Air Force.
After his stint with the Air Force,
he enrolled in medical school at
the Uniformed Services University
in Bethesda, Maryland, where he
earned his doctorate in medicine.
Posted March 15.
BiOptix closing funding round
BOULDER — Approval from a
Russian venture capital firm means
research biosensor company BiOptix
Diagnostics Inc. is about to complete
a $5 million funding round.
Moscow-based Rusnano Group
on March 14 committed the final
$800,000 of the round, according to
Richard Whitcomb, Boulder-based
BiOptix’s president and chief executive. The other $4.2 million was led
by Boulder Ventures Ltd., Dallasbased Remeditex Ventures LLC and
private investors.
The money mostly will be used for
sales and marketing, Whitcomb said.
“We want to move strongly in the
market and especially get our products into the hands of the local biotech industry,” he said. “The industry
is everywhere, but an important
piece of the biotech pie is here in
Colorado.”
The company markets a biosensor device, the BiOptix 404pi,
which uses optical technology that
➤ See BCBRdaily, 10A
Investing in the health
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Hospital manage their day-to-day banking and
expand their facilities to further support their
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March 29 - April 11, 2013
Boulder County Business Report | www.bcbr.com
|
3A
Smoking ban on Pearl Street Mall starts April 1
BY DOUG STORUM
dstorum@bcbr.com
BOULDER — A delay in the manufacturing of “No Smoking” signs has
postponed the enforcement of a smoking ban on the Pearl Street Mall in
Boulder that went into effect Jan. 18.
Enforcement will begin Monday,
April 1, after the signs are installed
on the outdoor mall during the last
week of March. They were ordered
in December.
The signs are custom enameled
and take longer to fabricate, according
to a city press statement. The enamel
signs are more resistant to graffiti and
other tampering.
The ordinance bans smoking
between 11th and 15th streets on the
mall, and on the lawn of the Boulder
County Courthouse.
The maximum penalty for a first or
second offense within two years is a
fine of $500; a third and subsequent
conviction within two years triggers
the general penalty provision of a
maximum $1,000 fine and/or maxi-
Oil baron
mum of 90 days in jail.
Boulder police officers who patrol
on the Pearl Street Mall have been
educating people about the smoking
ban since it went into effect, and have
not written any tickets while the signs
were being manufactured, according to statement released by the city
Thursday.
The city is collaborating with
several partners, including Boulder
County Public Health and Downtown
Boulder Inc., to create an educational
campaign for downtown employees
and visitors about the smoking ban
on the mall.
An event will be held from 11:30
a.m. to 1:30 p.m. Friday, April 12,
on the 1300 block of the mall, where
Boulder County, city of Boulder and
DBI staff will be available to answer
questions about the smoking ban
and about free resources available for
individuals who wish to quit smoking.
Boulder County Public Health
website for smok ing cessation
resources: bouldercounty.org/family/
healthyhome/pages/smokefree.aspx.
Book savors
running’s
local flavor
Believe it or not, distance running has not always been a popular
activity, unless you were a caveman
trying to hunt animals.
So who do we have to thank for
the immense popularity of running
as a sport in the United States, and
especially the Boulder Valley?
Author Cameron Stracher, a
runner who resides in Westport,
Connecticut, has boiled it down to
three men in his new book “Kings
of the Road: How Frank Shorter,
Bill Rodgers and Alberto Salazar
Made Running Go Boom.”
Shorter won America’s first gold
medal in the Olympic marathon in
64 years when he won the race in
Munich in 1972. Nearer home, he
was instrumental in creating the
Bolder Boulder running race.
BCBR EYE
JONATHAN CASTNER
Steve Lewis, an importer of organic extra virgin olive oil, said the appeal of his olive oils is the short time it takes for them to
go from olives to oils and then the limited time they are sold as fresh.
Fresh from Mediterranean olive trees to area gourmets
BY ELIZABETH GOLD
news@bcbr.com
BOULDER — Restaurants such
as the Mediterranean and Oak at
Fourteenth strive for fresh ingredients and unique tastes to keep
diners coming back for more. It’s
no surprise, therefore, that finding
olive oil that’s as close to the tree
as possible stands at the top of their
shopping lists.
“The chefs I deal with know what’s
good,” said Steve Lewis, founder and
owner of Giuliani Direct Olive Oil.
The appeal of his organic extra virgin olive oils is the short time it takes
for them to go from olives to oils and
then the limited time they are sold
The chefs I deal with
know what’s good.
Steve Lewis
FOUNDER/OWNER,
GIULIANI IMPORTS LLC
as fresh.
Lewis launched the business in
2010 as a natural accompaniment
to Giuliana Imports LLC, a wine
importing company he founded with
Tavio Laudisio in 1996 in Boulder.
Both the wines and the organic extra
virgin olive oils are products of the
Mediterranean.
“The oils come exclusively from
the Mediterranean region because
that’s where the wines are from. I
know the lay of the land,” Lewis said.
Some of the wine producers with
whom he’s worked over the years
also are producers of the olive oils.
“The Mediterranean is the motherland of olive oil,” he said. “There
are 250 million olive trees in the
world, and 95 percent of them are in
the Mediterranean Basin. And with
500 different types of olives, 300 of
them are in Italy.”
Lewis saw the opportunity to
branch out into olive oil sales as a
way to explore options that aren’t
available to him as a wine importer.
➤ See Baron, 23A
Stracher describes Shorter, who
trained and still lives in Boulder, as
a Yale graduate and medical school
student who ran in his spare time
while pursuing a traditional career
path. But eventually he gave up
med school so he could train more.
Stracher paints Rodgers as a
chain-smoking motorcycle-loving
20-something who spent his free
time hanging out in Boston bars.
Then someone stole his motorcycle. Then he was fired from his job.
Feeling adrift, he threw himself
into running.
And Salazar, Stracher explains,
started breaking records at age
16. His father, a Cuban exile, was
unhappy with life in America. To
please him, Alberto ran and ran.
At 22 he predicted that he would
finish his debut marathon in less
than 2 hours and 10 minutes — and
succeeded.
The book shows how these runners f lourished at a time when
injury treatment was limited and
financial compensation was almost
nonexistent.
4A
|
March 29 - April 11, 2013
Boulder County Business Report | www.bcbr.com
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She’s always
been there
for me.
Roundtable panelists cite
keys for renewable energy
Consumer savings, incentives top list
BY BETH POTTER
bpotter@bcbr.com
BOULDER — Consumers looking
to save money on utilities and government financial incentives appear to be
the two key factors driving renewableenergy growth.
Whether it’s buying an electric car
or converting a gas-powered car to
run on electricity, or participating in
an Xcel pilot program to save energy
and money, consumers want to pay
the same or less for renewable energy,
according to participants March 19 at
the Boulder County Business Report’s
CEO Roundtable on Smart Grids &
Alternative Transportation.
For example, many of Xcel Energy’s customers were disappointed to
find out that they saved just 75 cents
to $1.50 while participating in a pilot
program to save energy, said Andre
Gouin, Xcel Energy Inc.’s business
technology consultant managing the
company’s Electric Vehicle and Smart
Grid pilots. Customers who participated in the pilot program in Denver
agreed to measures including having
their air conditioners or refrigerators cycle less frequently during peak
power demand time.
“Customers are willing to change
their behavior when given a price
(goal),” Gouin said. “But there’s only
so much we can adjust the price.
There’s not enough room to make a
dramatic impact.”
One positive example of cost sav-
ings, several participants said, is that
electric-car buyers seem to be willing to pay more for their new cars,
knowing that they will pay less for
the electricity it takes to drive the cars
than they would for the same amount
of gasoline.
Alfalfa’s Market grocery store
in Boulder offers a free electric-car
charging station for example, said
John Gartner, research director at
Navigant Research (formerly Pike
Research LLC) in Boulder, a division
of Navigant Consulting Inc. (NYSE:
NCI). Electric cars, which make up 1
percent of all cars in the United States,
can “charge up” for free at about 200
free charging stations around the
state, most paid for with federal and
state grants, Gartner said.
On the negative side of the incentive equation, a $7,500 government
rebate to convert gas-powered cars to
electricity ended Dec. 31, said Paul
Guzyk, owner of Boulder Hybrid
Conversions LLC in Boulder. The
company went from about 23 car
conversions in one month to zero the
next month, Guzyk said.
Volatility of government-incentive dollars continues to have a negative effect on companies across the
renewable-energy industry, said Andy
Paliszewski, director of wind research
and development at Siemens Energy
Inc.’s office in Boulder. A wind-energy
tax credit expired at the end of 2012,
putting people out of work across the
nation, Paliszewski said.
“Wind is approaching (price) parity with fossil fuels,” he said. “But
what we need is a predictive legislative
climate.”
Zam Energy LLC in Longmont
➤ See Roundtable, 5A
CORRECTION
In a story about Slow Money on Page 7A of the March 15 edition, information about Boulderbased Localization Partners LLC was unclear. Localization Partners LLC is a for-profit company
that invests in other companies. It also is a member of the local Slow Money Investment Club.
Localization Partners is owned by Transition Colorado, a nonprofit group that raises public awareness about environmental issues.
Volume 32 : Issue 8
March 29 - April 11, 2013
Now, I want to do my best to be there
for her, and Via helps me. I’m thankful
that Via gets my mom to her doctor’s
appointments when I can’t and keeps
her connected to the community.
Please donate to help ensure Via is
there for you and your family.
www.viacolorado.org
303.447.2848
Via is a private,
nonprofit organization.
Copyright 2013. BizWest Media LLC.
Reproduction or use of editorial or graphic content without written permission is prohibited.
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Is published biweekly, with an extra issue in December, by BizWest Media LLC, a Colorado
corporation, 3180 Sterling Circle, Suite 201,Boulder Colorado, 80301-2338.
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March 29 - April 11, 2013
Boulder County Business Report | www.bcbr.com
ROUNDTABLE
|
5A
from 4A
looks for the chance to use feed-in
tariffs on projects, said Erin Geegan
Sharp, founder and chief executive of
the renewable-energy development
company. Feed-in tariffs, another
government incentive, are designed
to support investment in renewableenergy projects. As such incentives
support more electric-vehicle charging stations and other related projects,
American consumers will change
their habits, Geegan Sharp said.
“It’s the culture of ‘charging’ that
America is going to start to experience,” he said. “It’s the adaptation of
charging in a public environment.”
In addition, retailers can benefit
in the future by offering charging
stations, said Charlie Olness, sales
director at eGauge Systems LLC in
Boulder, a company that manufactures meters that provide more information about power usage.
“It’s a new behavior,” he said. “The
companies that get it and can provide
it will attract business.”
Homer Energy LLC in Boulder
looks for places where renewableenergy projects can make money
without government incentives - usually developing countries and islands,
said Peter Lilienthal, chief executive
of the company. Homer Energy’s software can help make wind power and
other renewable-energy sources operate more efficiently with an existing
power grid to save money, Lilienthal
said.
DOUG STORUM
Andre Gouin, left, a business technology consultant who runs Xcel Energy Inc.’s Electric Vehicle and Smart Grid pilot programs,
said customers are willing to change their behavior when given a price goal, “but there’s only so much we can adjust the price.”
Also participating in the Boulder County Business Report’s CEO Roundtable on Smart Grids and Alternative Transportation are
from left, Erin Geegan Sharp, Zam Energy Inc.; John Gartner, Navigant Research; and Andy Paliszewski, Siemens Energy Inc.
Participants
John Gartner, Navigant Research, a division of Navigant Consulting Inc.; Erin Geegan Sharp, CEO, Zam
Energy Inc.; Andre Gouin, business technology consultant, Xcel Energy Inc.; Paul Guzyk, owner, Boulder Hybrid Conversions LLC; Peter Lilienthal, CEO, Homer Energy LLC; Charlie Olness, sales director,
eGauge Systems LLC; Andy Paliszewski, director wind research and development, Siemens Energy Inc.
Moderator: Christopher Wood, publisher, Boulder County Business Report.
Places that burn oil to make electricity, such as a native village in
Alaska where two wind turbines were
installed in a Homer Energy project,
usually are good candidates for the
software, Lilienthal said.
“These odd places in the world are
places where the renewables are going
to be 60 to 70 percent of the grid. It’s
possible with smart-grid technologies,
but it … changes the way the systems
operate,” Lilienthal said.
Law firm Berg Hill Greenleaf &
Ruscitti LLP in Boulder and certified public accounting firm EKS&H
PC’s Boulder office sponsor the CEO
Roundtables.
Reliability
you can count on.
Our reliability record is among the best in the country. Reliable electric
service depends on equipment, but poles and wires don’t carry it alone. It
takes expertise and a skilled workforce.
With Xcel Energy, you get the whole package—great people with the
equipment to get the job done.
When service is interrupted by a major snowstorm or a car’s encounter with a
utility pole, we restore it as quickly and safely as possible. Our employees are
often requested by utilities across the nation to assist in storm restoration.
The people at Xcel Energy are among the best at what they do. You can see
our crews repairing cables and installing poles. There are also people behind
the scenes working hard to make sure you have the safe, reliable energy you
count on every day.
Energy is our only business.
xcelenergy.com
© 2013 XCEL ENERGY INC.
9.5x6.7_BoulderDaily_March2013.indd 1
3/21/13 1:07 PM
6A
|
March 29 - April 11, 2013
Boulder County Business Report | www.bcbr.com
Tensentric’s know-how a lifesaver for medical clients
Firm’s engineers focus
efforts on development
of medical equipment
BY HEATHER McWILLIAMS
news@bcbr.com
BOULDER — Whether designing medical equipment for a doctor’s
office down the block or a mobile
medical unit meant to bump through
the backcountry of Africa treating
the poor, Boulder-based Tensentric
Inc. offers clients needed engineering
services.
Founded in 2009, Tensentric
designs and develops medical devices
and life-science equipment for original equipment manufacturers. The
company works with clients from
the top 10 list of largest medicaldevice manufacturers in the market
to start ups with an idea but not the
staff or experience to implement it,
said Wade Lukianow, chief executive
officer of Tensentric. Clients own
the idea and Tensentric provides the
know-how.
“They will give us entire projects, and we will develop the products for them under their name and
often along with their team,” he said.
Tensentric works on a pure services
business model, and all intellectual
property remains with the client.
PETER WAYNE
Wade Lukianow, chief executive of Tensentric Inc., reviews a component for a medical device with senior mechanical engineer
Susan Scharf at the company’s office in Boulder. “I anticipate business opportunities will grow significantly in the next several
years as we are now being sought out by potential clients,” Lukianow said.
“Even if we invent something for
them, they own that,” Lukianow said.
Business swelled at Tensentric since
its inception going from nine fulltime employees at the end of 2009
to 35 full-time employees now with a
dozen part-time contractors.
The Tensentric team of engineers
➤ See Tensentric, 8A
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Realities for Children
helps business as well
BY DALLAS HELTZELL
dheltzell@bcbr.com
JONATHAN CASTNER
Eric Schulz, executive director of Realities for Children Boulder County, shows off
piggy banks that are sold to raise funds for the organization. People who bought
the banks – Schulz calls them “piggy parents” – are saluted on the nonprofit’s
Facebook page and will be honored April 25 at an awards luncheon.
BOULDER — Can one organization be a business networker, an aggregator of social services and a provider
of emergency funding for abused and
neglected children — all at once — and
devote every penny of its fundraising
proceeds to its charitable mission?
It’s been done successfully in Larimer County for 17 years. In Boulder
County it’s now a reality as well.
Realities for Children Boulder
County will conduct a ribbon-cutting
at 4 p.m. Thursday, April 11, at its
office in northwest Boulder, marking
the expansion of a dream hatched
in the 1990s by a man its executive
director, Eric Schulz, describes as “my
big brother. Someday I’ll grow up to
be just like him.”
Craig Secher was a Larimer County
child-protection case manager who had
grown frustrated by watching children
slip through the cracks of the system.
Secher started the original Realities for
Children in 1996 in Fort Collins, but
knew that child-welfare agencies his
organization wanted to fund would be
in direct competition with each other in
scrambling for the limited resources. In
too many cases, that meant they didn’t
work together and services ended up
being doled out inefficiently.
Secher’s solution was to create a
hybrid two-pronged nonprofit: a 501
(c) 6 business association that has
the same legal status as a chamber of
commerce, and a 501 (c) 3 pure charity. The business arm raises money for
Realities’ administrative costs and staff
salaries through membership dues
paid by private businesses, enabling
NON PROFIT
the charitable arm to raise money
that all can be given back to member
social-service agencies. In turn, the
member businesses get to network and
promote themselves through Realitiessponsored events and online.
Schulz met Secher three years
ago, said he was “very taken by his
model of a healthy interface between
the business community and service
providers,” and copied it when he
founded Realities for Children Boulder County in January 2012.
“We’re not the spoke,” Schulz said.
“We’re the axle.”
➤ See Realities, 23A
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8A
|
March 29 - April 11, 2013
Boulder County Business Report | www.bcbr.com
Made in Nature moving HQ to Boulder
BY DOUG STORUM
dstorum@bcbr.com
BOULDER - Made in Nature LLC
has purchased the building at 1708
13th St. in Boulder, where it will relocate its corporate headquarters from
Wellington, Florida.
Made In Nature, an organic food
company, will renovate the former
Map Gallery building to house its
offices and create an environment to
engage with Boulder’s organic and
natural-foods community.
The purchase price of the building
was not disclosed, and it sale has yet
to be made public through the assessor’s office.
TENSENTRIC
Plans include building architectural garage doors that open onto the
street.
“We are very proud to join the
thriving number of businesses dedicated to natural and organic products in Boulder and look forward to
actively participating in this vibrant
community,” said Doug Brent, president and chief executive of Made in
Nature. “We hope to play a small part
in the rejuvenation and redevelopment of the neighborhood, consistent
with the plans currently being discussed by city council for Boulder’s
Civic Center.”
Made In Nature’s products are
100 percent certified organic and are
available nationwide at Whole Foods
Market, Sprouts, Costco and natural,
specialty and regional grocers. Made
In Nature also offers organic fresh
produce and organic artisan frozen
pizzas.
Made in Nature’s growth and
expansion over the past several years
have mirrored the sector’s growth,
especially in the healthy snack category.. According to The Mintel Group,
the $7.2 billion nuts and dried fruit
category fared well during the recession posting a gain of 36 percent in
dollar sales from 2007-2012.
Todd Walsh and Jessica Cashman
of The Colorado Group brokered the
sale of the 1,432-square-foot building.
COURTESY MADE IN NATURE LLC
Doug Brent, president and chief executive of Made in Nature, is moving the
organic food company’s headquarters
from Florida to Boulder.
from 6A
has designed everything from electrosurgical equipment used to simultaneously cut and coagulate during
surgery to rugged, diagnostic systems for mobile HIV detection in the
developing world and for the detection of other pathogens in a variety
of settings.
The Tensentric idea began when
Lukianow and company co-founder
Jeff Gentry worked at another medical-device business. The duo aimed
for a business niche with Tensentric
rather than take an “all things to all
people” approach, said Gentry, the
company’s chief operations officer.
“We focus our efforts strictly on
medical devices and strictly on development,” he said. “We know what we
do well and are trying to be the best
in the world at it.”
The Great Recession worked in
their favor and boosted the company’s ability to grab clients. Medicaldevice manufacturing takes years
to complete because of extensive
safety guidelines, regulations and
clinical trials, creating a gap between
development and a cash generating
product. As large companies trimmed
budgets during the recession, fulltime engineering and development
staff often took a cut.
“Instead, they come to our company and get a very experienced team
today,” Gentry said, “and we’re not
We focus our efforts strictly on medical devices and
strictly on development. We know what we do well and
are trying to be the best in the world at it.
Jeff Gentry
CO-FOUNDER,
TENSENTRIC INC.
full-time employees on their payroll
forever.”
Certification for medical-device
development is significant, Gentry
said. He stays current on necessary
regulations and paperwork, so all
devices Tensentric touches meet
appropriate guidelines. The company itself, however, doesn’t do the
Food and Drug Administration certification process. That’s left up to
the clients. Likewise, clients choose
their own manufacturer, sometimes
before hiring Tensentric. Tensentric
can then work hand-in-hand with
manufactures to facilitate a smooth
transition from the design, testing and
validation stages to production.
“We’ve worked with companies all
over the world both from a design and
a manufacturing standpoint,” Lukianow said. Additionally, the company
meets ISO International Standards
for medical-device certification, Gen-
try said.
Both Lukianow and Gentry have
decades of experience in the industry
and cite the quality talent recruited
from a deep Boulder engineering
pool as a big reason for Tensentric’s
success.”
“I truly believe I have the best engineering team around,” Lukianow said.
Tensentric’s director of engineering, John M. Nichols, helped build that
team and now manages it. He looks for
employees with a good understanding
of the service-for-fee business model,
experience, excitement about the job
and a strong ability to work on a team.
The company culture encourages a
happy work environment by hiring
good communicators, treating them
as professionals, tracking efficiency
and allowing a flexible work schedule
through work-from-home options,
Nichols said. This reduces stress for
many employees.
“The lower the stress in the environment, the higher the creativity,”
Nichols said.
This philosophy equals more solutions and a better value for clients,
something that pays off in repeat
business.
That business allowed Tensentric
in 2012 to purchase its own building in Boulder as a permanent headquarters. About 25 percent of the
19,000-square-foot facility is lab
space, Lukianow said, and includes
offices with room to grow.
For a company that started at zero
in 2009, it’s a bright future, Lukianow said. The company earned a
spot on the Colorado Office of Economic Development and International Trade’s Companies to Watch
list in 2012, awarded to rapidly growing businesses. The average increase
in revenue for such companies hit
30 percent, according to the state’s
website. So far, the company largely
drummed up business through legwork and connections, but things are
hitting a tipping point as word gets
out about Tensentric’s work.
“I anticipate business opportunities will grow significantly in the next
several years as we are now being
sought out by potential clients,” Lukianow said. “I can easily see 20, 30,
or 40 percent growth over the next
couple of years.”
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March 29 - April 11, 2013
Boulder County Business Report | www.bcbr.com
|
9A
Wacari Group takes innovative ideas to market
Virtual firm in Boulder
has team of experts to
help clients find niche
BY CLAYTON MOORE
news@bcbr.com
BOULDER — The Wacari Group
helps its clients take their ideas to market, specializng in products and concepts that cannot find a home through
traditional market venues.
Daniel Moorer Jr., a career Army
officer and Ball Aerospace & Technologies Corp. veteran, founded the firm in
2008 and carries a very small portfolio
of clients but commits to long-term
partnerships with each of them.
One of The Wacari’s Group’s most
successful partnerships has been with
Rebecca MacLean, a Castle Rock-based
mother of three children who was
frustrated with the bother and imprecision of the various ways to give cough
syrup and other liquid medications to
her children. To help herself, MacLean
invented the True Easy Syringe, which
she was able to patent herself. However,
the product languished for more than
seven years until she was introduced to
The Wacari Group.
The Wacari Group was able to forge
a licensing agreement with Health
Enterprises Inc., based in Massachusetts. Today, the True Easy Syringe is
sold in Walmarts and Walgreens pharmacies around the country.
Despite having a highly trained mix
of licensing experts, technologists and
strategic advisers on its small team, the
Wacari Group doesn’t charge inventors
upfront for its services. Instead, the
company relies on royalties from successful products for its revenue.
“The level of risk is quite high
in our business,” Moorer admitted.
“But the long-term reward of produc-
JONATHAN CASTNER
Daniel Moorer Jr. founded The Wacari Group in 2008 to help clients commercialize their product ideas. “Good ideas don’t necessarily come from one specific source, like inventors or even great thinkers,” Moorer said. “Sometimes they come from average Americans who are frustrated with what exists today and want to make something better.”
THE COMPANY EXISTS LARGELY FOR CLIENTS
who have the capacity to take their product to market, but
simply don’t have the time, resources or personnel to do it.
ing something that is useful to society that also offers a good financial
reward is worth it to us.”
The company specializes in products and concepts that cannot find
a home through traditional market
venues. In addition to successfully
licensing the True Easy Syringe, the
company also works with California-based Davis Energy Group on its
Nightbreeze cooling system. Other
products in the lineup include a specialized sports clothing product, sev-
eral Department of Defense-funded
technologies and other aerospace products.
As a virtual company, The Wacari
Group maintains no physical facilities and doesn’t specialize in funding
for research and development. The
company exists largely for clients who
have the capacity to take their product
to market, but simply don’t have the
time, resources or personnel to do it.
One of the company’s lead scouts
is John Svoboda, vice president of
advanced programs. Recently, Svoboda
found himself researching a hovercraft,
a car-lift for auto repair shops, a children’s high chair, and a de-icing material for driveways.
“We look at everything,” Svoboda
said. Web-based research allows the
company to gather enough information
on potential clients or products to make
decisions about financial and technical
viability quickly.
While a significant percentage of
potential clients don’t pass The Wacari
Group’s high standards, a good match
can be lucrative for everyone involved.
For Svoboda, key elements include a
firm proof of concept, defensible intellectual property, large market potential,
a clear path to those markets, and an
accessible distribution system.
➤ See Wacari, 14A
Reception shines spotlight on inductees
Class of 2013 meets members of Boulder County Business Hall of Fame
Jon Kottke, right, president of the
Boulder County Business Hall of
Fame’s board of directors, introduces the class of 2013 during a
reception March 20 for inductees,
members of the Hall of Fame and
sponsors of the event. At podium
with Kottke is inductee Scott Nix
of Nixcavating Inc. From left, are
inductees Courtland Dixon, Kinsley
& Co.; and Linda Cain, The Cain
Travel Group Inc. Inductees not
pictured are Tom Chapman, First
MainStreet Insurance Ltd.; Jirka
Rysavy, Gaiam Inc.; and the Hover
family — Charles and Katherine
Hover and their daughter, Beatrice
— who will be inducted posthumously. The Hall of Fame luncheon
will be April 24 at the Plaza Conference Center in Longmont, home of
the Hall of Fame. Tickets to the luncheon are available online at www.
halloffamebiz.com.
CHAD COLLINS
10A
|
March 29 - April 11, 2013
Boulder County Business Report | www.bcbr.com
App offers fertility guidance based on vital stats
A
company in Boulder is
poised to launch a for-pay
version of a smartphone
application that helps women figure out which days of the month
that they’re most fertile.
A free version of the fertility
charting application from Kindara
Inc. has been downloaded by
75,000 people.
About 75 percent of the app’s
users are trying to get pregnant,
while 25 percent of the users
want to remain babyless, said Kati
Bicknell, who launched the app in
May 2012 with her husband, Will
Sacks.
The couple said when women
input information on their body
temperature, the time period of
their monthly cycle and “custom”
data about diet, exercise and
sleep, among other things, the
application’s fertility chart is as
effective as birth control pills in
helping to prevent pregnancy.
As proof, the couple has been
using the app (calendar-based contraception is historically known
as the rhythm method) for three
years with great success, Sacks
said.
Conversely, the application
shows users when they’re at their
most fertile, meaning it can help
women who want to get pregnant.
Bicknell became interested in
fertility several years ago because
her mother has a health history
that included a 10-year period of
BCBRDAILY
fertility issues. After reading the
book “Taking Charge of Your Fertility” by Toni Weschler, Bicknell
started looking for a smartphone
application she could use to chart
her own menstrual cycles.
When Bicknell didn’t find
exactly what
she was looking
for in a phone
app, Sacks
suggested the
couple build
MEDICAL FILE
the tool.
Beth Potter
“I want other
women … to
know this method exists and is
successful and useful,” Bicknell
said. “I’m on a mission to help
women to understand that they
don’t have to take the pill if they
don’t want to.”
The company received about
$150,000 in initial funding from
friends and family and other
sources. Kindara later received an
undisclosed amount from SOS
Ventures in Ireland in October,
as well as from some local angel
investors in Boulder.
Bicknell and Sacks were invited
to participate in the business incubator called Haxlr8r in Shenzhen,
China, which is sponsored by
SOS Ventures. As a result of that
experience, the couple may create its own hardware device in the
future, Sacks said.
As for revenue — the new, paid
support model will offer fertility
counseling and other features to
members who pay a fee, which
has not bee decided, Sacks said.
It will be offered as an upgrade to
the basic phone application, which
will still be available for free.
“We’re giving women a whole
new window into what is happening with their bodies. Women
don’t want to put chemicals in
their bodies if they don’t have to,”
Sacks said. “I see what we’re doing
as the evolution of fertility and
medicine and personal health.”
The company has been featured
in stories in The New York Times,
Forbes and Women 2.0.
Kindara has four employees
along with contract workers and
interns. Check it out at www.
kindara.com.
presence in downtown Boulder. The
company initiated the Gnip Gives
Back program, which coordinates
charitable giving and organizes group
service opportunities for the company
to participate in. Gnip offers Eco
Passes, Boulder B-Cycle memberships
and annual Boulder city recreation
passes to its employees.
Posted March 15.
The flexible rebate program is one
of the city’s business incentives and
covers a wide range of fees, equipment and construction use taxes.
The flexible rebate program uses
social, community and environmental sustainability guidelines. Companies choose the guidelines that best
fit their circumstances, but must
meet minimum requirements in
order to receive the rebate.
HEAD USA provides funds to
each employee for the purchase of a
bicycle, as well as providing secure,
covered bike storage and showers.
In addition, the company has partnered with the global environmental
charity Cool Earth to fight climate
change by matching 10 times the
company’s annual carbon emissions
with avoided deforestation credits.
Posted March 20.
Boulder Heart adds staff
The Boulder Heart cardiology
practice is up to 15 members
working at the new Anderson
Medical Center at the Boulder
Community Hospital Foothills
campus, 4743 Arapahoe Ave.
Drs. Jamie Doucet and Molly
Ware and two other staff members came over to the Boulder
Community Hospital-based practice from Colorado Cardiovascular
Center, which closed its office on
Center Green Drive.
The Colorado Cardiovascular
doctors aren’t the only ones to join
the hospital in recent months.
Spruce Street Internal Medicine
in Boulder also joined the Boulder
Community Hospital network.
The practice remains open at 2575
Spruce St. in Boulder.
Pamela Stone, a gynecologic
oncologist, joined the hospital’s
network late last year. She has
broad expertise in minimally invasive surgery techniques, including
how to use the daVinci Surgical
System for robotic-assisted surgery.
Top worker’s comp injury
Orthopedic, and back and neck
injuries are the most common
worker compensation issues in the
Boulder area, according to Peter
Mars, the staff physician at WorkWell LLC’s office in Boulder.
WorkWell has treated more
than 300 people at the office since
it opened in June. Longmontbased WorkWell also has clinics in
Fort Collins, Greeley, Longmont
and Loveland.
Factoid of the day: WorkWell’s
office at 3434 47th St. in Boulder
is in a building built at the location of the former Peggy’s Hi-Lo
country-western bar. Look for it
on the east side of the road the
next time you’re on the Diagonal
overpass headed into or out of
Boulder.
Contact Beth Potter at 303-4401944 or bpotter@bcbr.com.
from 2A
can monitor biological interactions,
including molecule interactions of
proteins.
Posted March 14.
Gnip OKed for Boulder rebates
BOULDER — Gnip Inc., an aggregator of social-media data, has been
approved to receive up to $45,000
in tax and fee rebates from the city
of Boulder.
The rebates were authorized for
sales and use taxes, and permit-related fees.
“Gnip is a fast-growing company
in Boulder’s thriving downtown and
high-tech communities,” said Jane
Brautigam, Boulder’s city manager.
“The city is very pleased that it can
support Gnip’s expansion so it can
grow as an industry leader, delivering 3 billion social media activities
per day.”
The flexible rebate program is one
of the city’s business incentives, covering a wide range of fees, equipment
and construction use taxes.
Gnip partners with Twitter, Facebook, Tumblr and WordPress, among
others, to aggregate social-media data
and information for its clients.
Gnip’s 50 employees recently
expanded into a new space at 1050
Walnut St., Suite 115, to maintain its
HEAD OKed for Boulder rebates
BOULDER — HEAD USA has
been approved to receive up to
$50,000 in rebates from the city of
Boulder.
HEAD USA’s winter-sports division recently moved to Boulder and
will be eligible for rebates for sales
and use taxes and permit-related
fees.
T he d ivision moved i nto a
5,995-square-foot space at 3125
Sterling Circle in August. The office
has 13 employees and is expecting
continued growth.
HEAD USA is part of HEAD NV,
an Amsterdam-based sporting goods
company. HEAD is best known for
racket-sports, ski and snowboarding
equipment. HEAD USA is based in
Norwalk, Connecticut, which was
the former home of the winter-sports
division.
Rosetta Stone refocusing
BOULDER — Rosetta Stone Inc.’s
office in Boulder could grow in the
coming months as the Virginia-based
producer of language-learning products restructures and expands its
operational footprint.
The company eliminated approximately 70 positions from its Arlington, Virginia-based product team to
make way for new offices in Austin,
Texas, and San Francisco. With a
combined capacity to house roughly
100 employees, the new offices are
expected to grow quickly this year
as they support the company’s rapid
shift toward online, subscriptionbased digital learning products.
Jonathan Mudd, a Rosetta spokesman in Virginia, said the office in
Boulder – where its staff works on
speech-recognition software – likely
would grow if the company is successful in its reorganization.
“The office in Boulder is a critical
operation to what we do,” he said.
“If the company grows, the Boulder
operation will grow with it.”
Bryan Pellom and Kadri Hacioglui
co-direct the office that employs 25
workers at 2040 14th St. While at
the University of Colorado-Boulder,
Pellom and Hacioglui created Sonic,
speech-recognition software, that
Rosetta began implementing in 2006.
Rosetta Stone maintains offices in
Boulder, Austin and San Francisco as
well as in Arlington and Harrisonburg, Virginia, in the United States.
It also has offices in London, Seoul,
Korea, Tokyo, Sao Paulo, Brazil, and
Dubai, United Arab Emirates. The
company employs a global workforce
of approximately 1,500 people.
Posted March 14.
March 29 - April 11, 2013
BOULDER COUNTY BUSINESS REPORT
|
11A
WWW.BCBR.COM
12A | Bioscience Companies
BIOSCIENCE
13A | Financial woes threaten
Arca Biopharma
FOCUS: MEDICINE
Local firms blaze trails to treatment
Clinical trials
target cancers,
heart disease
BY BETH POTTER
bpotter@bcbr.com
BOULDER — Through therapies and drug candidates, bioscience
companies in Boulder are developing
treatments for heart disease and various forms of cancer.
The region has a strong history of
drug research coming from discoveries at area companies and the University of Colorado-Boulder.
The companies often partner with
each other as well as with bigger bioscience and pharmaceutical firms outside
of the region to help offset costs while
developing new drug candidates.
Research and clinical trials to
develop new drugs for market often
take a decade or more before getting necessary U.S. Food and Drug
Administration approval.
A sampling of what’s coming in
2013:
Clovis Oncology Inc.
Clovis Oncology Inc. plans to
announce as early as the end of this
year that it has a new, viable drug
candidate to treat gastrointestinal
tumors.
Boulder-based Clovis (Nasdaq:
CLVS) is partnering with Array BioPharma Inc. (Nasdaq: ARRY) on the
drug research. Financial terms of the
deal have not been disclosed.
COURTESY SIVA THERAPEUTICS INC.
Siva Therapeutics Inc. intern Courtney Anderson, foreground, and bioengineer Mary Popp perform photo-thermal heating
experiments in simulated tumor models in the Siva laboratory in Boulder.
If all goes as planned, the company
would move forward with additional
trials on the gastrointestinal tumor
drug candidate after initial findings
are announced by Array, said Breanna
Burkart, a company spokeswoman.
“We hope to identify (the drug
candidate) at the end of the year,”
Burkart said. “There’s not much to say
until we have identified something.”
In addition, Clovis has two other
candidate drugs in its research pipeline.
One is called CO-1686, a drug
candidate to treat a form of lung cancer. CO-1686 is in an initial trial stage
required by the FDA that identifies
the safest doses for patients, Burkart
said.
Clovis’s other drug candidate is
rucaparib, which is used to treat
ovarian cancer. Rucaparib is at about
the same time frame as CO-1686 in
terms of testing, Burkart said.
“It’s an important year for us to
find out whether or not these drugs
will be efficacious and offer benefit
for patients,” Burkart said.
Clovis is focused on the new drug
studies after seeing a disappointing
outcome to a study on a drug candidate for pancreatic cancer in 2012.
➤ See Treatment, 13A
Cancer drug could prove healthy for Array
BY BETH POTTER
bpotter@bcbr.com
BOULDER — New cancer
treatment drug selumetinib, with
projected annual sales of $1 billion
once it’s approved, could be Array
BioPharma Inc.’s ticket to the big
time.
In 2003, the Boulder-based drug
research company (Nasdaq: ARRY)
partnered with London-based
pharmaceutical giant AstraZeneca
plc to develop the drug. After years
of research, AstraZeneca (NYSE:
AZN) in 2013 plans to do two final
clinical trials necessary for U.S.
Food and Drug
Ad m i n i s t ration approval,
according to
Tricia Haugeto, an Array
spokeswoman.
One clinical
trial will focus
Needle
on get ting
selu met i n ib
approved by the FDA to treat a
particular form of lung cancer. The
other will focus on getting the drug
approved to treat thyroid cancer,
Haugeto said in an email. AstraZeneca is projecting the high future
sales potential
for selumetinib
because it may
be used to treat
more than one
form of cancer, including
a cancer of the
eye and gastroSquarer
intestinal cancers, according to information forwarded by
Haugeto from an industry conference.
To date, Array has earned $21.5
million in payments related to the
AstraZeneca partnership and could
make another $75 million and royalties on product sales, once the
drug is approved for sale.
At the same time, Array has
hired Michael Needle, a nationally
known hematologist and oncologist, to head up its own clinical
development work. Needle’s first
order of business is expected to be
a push to put together late-stage
trials on two of the company’s own
cancer drugs in development. One
of those drugs is ARRY-520 to treat
multiple myeloma, a cancer of the
body’s plasma cells. The other is
ARRY-614 for myelodysplastic syn➤ See Array, 13A
12A
|
March 29 - April 11, 2013
BUSINESS
REPORT
LIST
Boulder County Business Report | www.bcbr.com
BIOSCIENCE COMPANIES
BIOSCIENCE COMPANIES
(Companies in Boulder and Broomfield counties ranked by parent company revenue.*)
(Companies in Boulder and Broomfield counties ranked by parent company revenue.*)
Revenue 2012
Revenue 2011
Employees:
Local
Companywide
Products/services
Public or private
Parent company name
Stock exchange
Stock ticker
Phone
Fax
Website
Person in charge
Year founded
RANK
Company
1
SANDOZ INC.
2555 W. Midway Blvd.
Broomfield, CO 80020
$57,561,000,000
$59,375,000,000
N/A
127,724
Develops, produces and markets a wide range of
affordable, high-quality pharmaceuticals.
Public
Novartis AG
NYSE
NVS
303-466-2400
N/A
www.us.sandoz.com
Joseph Jiminez
CEO
1946
AMGEN INC.
4000 Nelson Road
Longmont, CO 80503
$17,300,000,000
$15,053,000,000
700
18,000
Manufacturer of biologics.
Public
Nasdaq
AMGN
303-401-1000
N/A
www.amgen.com
Robert Bradway
president, CEO
1980
THERMO FISHER SCIENTIFIC INC.
2650 Crescent Drive, No. 100
Lafayette, CO 80026
$12,510,000,000
$11,558,800,000
120
39,000
Life science research reagents and consumables
including siRNA, shRNA, miRNA, custom RNA, cDNA,
PCR/qPCR and other molecular biology applications.
Public
Thermo Fisher Scientific Inc.
NYSE
TMO
303-604-9499
303-604-9680
www.thermoscientificbio.com
Mitchell A. Kennedy
vice president,
general manager
molecular biology
products
1995
AGILENT TECHNOLOGIES INC., NUCLEIC
ACID SOLUTIONS DIVISION
5555 Airport Road
Boulder, CO 80301
$6,858,000,000
$6,615,000,000
N/A
20,500
Flexible therapeutic oligonucleotide development
services and manufacturing for the biotech and
pharmaceutical industries.
Public
Agilent Technologies Inc.
NYSE
A
877-663-2500
303-440-0273
www.agilent.com
William P. Sullivan
CEO
1999
HOSPIRA BOULDER INC.
4876 Sterling Drive
Boulder, CO 80301
$4,092,100,000
$4,057,100,000
153
16,000
Pharmaceuticals, consumer products, pathology,
diagnostic imaging and pharmacy.
Public
Hospira Inc.
NYSE
HSP
303-245-6200
303-938-1255
www.hospira.com
Chad Telgenhof
plant manager
1995
ARRAY BIOPHARMA INC.
3200 Walnut St.
Boulder, CO 80301
$85,135,000
$71,901,000
250
250
Discovery, development and commercialization of
targeted small-molecule drugs to treat patients
afflicted with cancer.
Public
Nasdaq
ARRY
303-381-6600
303-386-1390
www.arraybiopharma.com
Ron Squarer
CEO
1998
MICROBAC LABORATORIES INC., HAUSER
DIVISION
4750 Nautilus Court South, Unit A
Boulder, CO 80301
$3,000,000
$3,284,966
28
N/A
Independent laboratory for chemical, physical and
microbiological testing of materials, biomass, dietary
supplements and foodstuffs.
Private
Microbac Laboratories Inc.
720-406-4800
303-581-0195
www.hauserlabs.com
Steve Ferry
director
1961
SPORIAN MICROSYSTEMS INC.
515 Courtney Way, Suite B
Lafayette, CO 80026
$1,500,000
$1,250,000
12
12
Provides novel sensors, microelectromechanical
systems (MEMS) design and packaging services.
Private
303-516-9075
303-516-9116
www.sporian.com
Brian Schaible
Michael Usrey
president
vice president
2000
OWL TECHNICAL ASSOCIATES INC.
357 McCaslin Blvd., No. 200
Louisville, CO 80027-2932
$500,000
$250,000
3
3
Polarimeters, saccharimeters and refractometers for
the sugar, beverage and pharmaceuticals industries.
Private
303-651-1616
N/A
www.owltechnical.com
Cris Lovett
general manager
1973
NEW VISTA RESEARCH INC.
2330 Dartmouth Ave.
Boulder, CO 80305
$200,000
N/A
3
N/A
Research consulting, engineering consulting,
computer modeling, information services; aerospace,
mechanical, chemical, physics, bioengineering.
Private
720-288-0506
N/A
newvistaresearch.com
Rom McGuffin
senior scientist
2002
AKTIV-DRY LLC
2100 Central Ave., Suite 109
Boulder, CO 80301
$178,871
$829,437
4
4
Licenses drying and aerosodelivery
processes.Provides dry powder processing solutions;
microparticles and nanoparticles research and
development; inhalable measles vaccine, inhalable
pharmaceuticals.
Private
303-350-3060 ,ext. 106
303-402-9445
www.aktiv-dry.com
Robert E. Sievers
co-founder, CEO and
president
2002
RENEWABLE AND SUSTAINABLE ENERGY
INSTITUTE (RASEI)
2445 Kittredge Loop Drive, Fleming
Building Suite 208
Boulder, CO 80309
$120,000
N/A
8
8
A joint institute between the University of Colorado
Boulder and the National Renewable Energy
Laboratory (NREL).
Public
University of Colorado Boulder
303-492-0284
N/A
rasei.colorado.edu
Michael Knotek
director
2006
SIRIUS DATA CONSULTING
4840 Aspen Creek Drive
Broomfield, CO 80023
$90,000
$85,000
1
1
SAS programming and data anlaysis.
Private
303-827-9335
N/A
N/A
Marcia Craib
founder and principal
2008
CLOVIS ONCOLOGY INC.
2525 28th St.
Boulder, CO 80301
$0
$0
35
61
Focused on acquiring, developing and
commercializing innovative anti-cancer agents in the
U.S., Europe and other international markets.
Public
Nasdaq
CLVS
303-625-5000
N/A
www.clovisoncology.com
Patrick J. Mahaffy
president and CEO
2009
MERCK SHARPE & DOHME
2500 Central Ave.
Boulder, CO 80301
N/A
N/A
75
185,000
Drug development for metabolic diseases and
endocrine disorders.
Public
Merck & Co Inc.
Nasdaq
INSM
303-339-5600
303-339-5625
www.merck.com
David Mitchell
executive director
1899
16
OPX BIOTECHNOLOGIES INC.
2425 55th St., Suite 100
Boulder, CO 80301
N/A
N/A
65
65
Bioproducts company using proprietary
bioengineering technology to economically convert
renewable biomass feedstocks into fuels and green
chemistry products.
Private
303-243-5190
303-243-5193
www.opxbio.com
Charles Eggert
CEO, president
2007
17
ADVANCED THIN FILMS LLC
5733 Central Ave.
Boulder, CO 80301
N/A
N/A
60
60
Precision optical components and ion beam sputtered
coatings for applications in scientific research,
defense, aerospace, telecommunications and laser
and semiconductor manufacturing.
Public
IDEX Corporation
Nasdaq
IEX
303-815-1545
720-652-9948
www.atf-ppc.com
Joe Stupsel
general manager
1992
N30 PHARMACEUTICALS INC.
3122 Sterling Circle
Boulder, CO 80301
N/A
N/A
32
32
Clinical-stage biopharmaceutical company focused
on modulating cystic fibrosis and to treat respiratory
diseases.
Private
303-440-0486
303-440-8399
www.n30pharma.com
Charles Scoggin
CEO
2006
ACCERA INC.
380 Interlocken Crescent, Suite 780
Broomfield, CO 80021
N/A
N/A
30
30
Research and development on Alzheimer's disease,
Parkinson's disease and related neurodegenerative
disease therapeutic drugs.
Private
303-439-0004
303-999-3799
www.accerapharma.com
Holger Kunze
CEO
2001
MIRAGEN THERAPEUTICS INC.
6200 Lookout Road, Suite 100
Boulder, CO 80301
N/A
N/A
30
N/A
Developing innovative microRNA based therapeutics.
Private
303-531-5952
303-531-5094
www.miragenrx.com
William Marshall
CEO, president
2007
INDEVR INC.
2100 Central Ave., Suite 106
Boulder, CO 80301
N/A
N/A
20
20
Inventing, developing and manufacturing biomedical
instruments.
Private
303-402-9100
303-402-9300
www.indevr.com
Kathy Rowlen
CEO
2002
BOLDER BIOPATH INC.
5541 Central Ave., Suite 160
Boulder, CO 80301
N/A
N/A
13
N/A
Contract research lab specializing in inflammatory
diseases, such as arthritis as well as cancer.
Private
303-633-5400
720-294-9971
www.bolderbiopath.com
Allison Bendele
Phillip Bendele
co-owner
co-owner
1998
QUARK PHARMACEUTICALS INC.
2990 Wilderness Place
Boulder, CO 80301
N/A
N/A
13
N/A
Using RNA interference technology to develop
siRNAs, or drugs that inhibit targeted genes from
producing proteins.
Private
303-339-2105
720-565-9943
www.quarkpharma.com
Daniel Zurr
CEO, president
1994
ENDOSHAPE INC.
2450 Central Ave., Suite I
Boulder, CO 80301
N/A
N/A
11
11
Manufactures surgical and medical instruments
focusing on shape memory polymer devices for
endolumenal application.
Private
303-951-6898
N/A
www.endoshape.com
Bill Aldrich
CEO
2006
SAMSON DESIGN ASSOCIATES INC.
5757 Central Avenue, ste. F
Boulder, CO 80301-2871
N/A
N/A
10
10
Provides full-service product development ranging
from concept to production specifications, with many
products for the consumer, energy, high-tech,
medical field.
Private
303-444-4496
N/A
www.samsondesign.com
Jeff Samson
president
1984
2
3
4
5
6
7
8
9
10
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12
13
14
15
18
19
20
21
22
23
24
25
N/A: Not available. *Second ranking criterion is number of local employees. If your company should be on this list,
please request a survey by e-mailing research@bcbr.com or calling our research department at 303-440-4950.
Researched by Mariah Gant
Source: Business Report Survey
March 29 - April 11, 2013
Boulder County Business Report | www.bcbr.com
|
13A
Financial woes threaten Arca Biopharma
BY DOUG STORUM
dstorum@bcbr.com
BRO OM F I E L D — A rc a
Biopharma Inc. has “substantial
doubt” about its ability to continue
operations beyond September,
according to documents filed with the
Securities and Exchange Commission.
The publicly traded biotechnology
firm in Broomfield (Nasdaq: ARCA)
lost $4.3 million in 2012 following a
loss of $5.4 million in 2011, according
to its annual report.
TREATMENT
options, a strategic combination,
partnering and licensing
opportunities.
“If we are delayed in obtaining funding or are unable to complete a strategic transaction, we may discontinue
our development activities on Gencaro
or discontinue our operations,” Arca
said in the documents.
Arca has been in danger of being
delisted from the Nasdaq stock
exchange on several occasions because
its stock price has fallen below $1 per
share.
In the past 52 weeks, the stock has
traded in a range between 23 cents
and $1.15. Arca has received delisting
notices from Nasdaq in each of the
past three years, according to SEC
documents. The company regained
compliance in 2010, 2011 and 2012.
Arca completed a reverse stock split
to raise its per-share trading price and
regain compliance with Nasdaq stock
market rules on March 4. As a result
of the reverse split, every six shares of
issued and outstanding common stock
were combined into one.
A person with pulmonary arterial hypertension has abnormally
high blood pressure in the arteries
of the lungs, which is life-threatening
because it rises to dangerously high
levels and strains the heart.
MiRagen has a license agreement
for intellectual property rights to the
drug, according to Bill Marshall, the
company’s founder and chief executive. Researchers at the University of
Glasgow and the University of Cambridge found that the developmental
drug helped stop the progression of
some pulmonary arterial hypertension cases, Marshall said.
Separately, MiRagen researchers
are working to develop a heart disease treatment drug.
Researchers looked at microRNA
variations in human blood, and found
particular molecules that appeared
to indicate a worsening of heart disease, Marshall said. They’re focusing
on a molecule they have named MIR208 to come up with a new drug
candidate.
Since coronary heart disease is the
leading cause of death in the United
States, such a drug could someday
see big sales.
MiRagen is funded through
venture-capital financing as well
as a strategic alliance with French
pharmaceutical company Les Laboratoires Servier signed in October
2011. The strategic alliance is to
develop certain therapies for patients
with cardiovascular disease which
could someday be worth $1 billion in
revenue, the company has said.
Evaluation Grant Program of the
Colorado Office of Economic Development and International Trade to
move forward with its work.
The company also recently hired
two new workers and moved into
laboratory and office space at 5541
Central Ave., Suite 140, in Boulder.
Siva must get a safety clearance
from the FDA before moving forward with planned clinical trials,
Pagliaro said. The company’s goal
is to receive something called an
“investigation device exemption”
from the FDA, which could make
the clinical trials approval process go
more smoothly, he said. If the injection/nanorod process is classified as
a drug, the FDA approval process
might take much more work, he said.
“They’re giving you an exemption
from the normal rules from going
to market, and to do that, you have
to convince them that you’re safe,”
Pagliaro said.
Animal studies have been done
that show the rods warm up when
exposed to the infrared light, Pagliaro has said.
from 11A
Clovis is returning the pancreatic cancer drug candidate’s licensing rights to
Clavis Pharma ASA, a publicly traded
company in Norway, Burkart said.
Clovis had $144 million in cash
and cash equivalents and 26.2 million outstanding shares of common
stock at the end of 2012, according to
a quarterly earnings statement. The
company said it expects to use $53
million to $57 million of its existing
cash in 2013, and to end the year
with about $90 million, according
to the earnings statement.
MiRagen Therapeutics
This year, MiRagen Therapeutics
Inc. plans to continue developing its
two drug candidates related to the
human heart.
First, the Boulder company plans
to work on getting approval to sell
a drug to treat pulmonary arterial
hypertension. MiRagen executives
signed an agreement earlier this
year with two universities in the
United Kingdom related to the drug
candidate after collaborating with
researchers at those universities.
ARRAY
The company is developing the
drug Gencaro to treat cardiovascular
diseases, including heart failure and
atrial fibrillation, the formal name for
irregular heartbeat.
Officials said in the SEC documents
they hope to continue development of
Gencaro by pursuing an underwritten
public offering to fund its general
and administrative costs, as well as
clinical trials for the drug.
Arca said it may seek additional
interim funding that could allow it
to operate while pursing financing
Siva Therapeutics
Siva Therapeutics Inc. has a novel
cancer treatment that involves intravenously injecting minute metal
pieces called nanorods into a cancer
tumor in a patient’s body.
Such nanorods can be heated by
infrared light from outside the body
to shrink a cancer tumor, according
to company literature.
Siva plans to be in the “pre-clinical” phase of approval with the FDA
in about a year, said Len Pagliaro,
the company’s chief executive. Siva
recently received a $250,000 grant
from the Bioscience Discovery and
from 11A
drome, which was formerly known as
pre-leukemia.
Needle’s title is chief medical officer,
a newly created position at the company. He is known in the industry for his
most recent job as chief medical officer
at the Multiple Myeloma Research
Foundation, as well as his previous
work shepherding new drugs through
clinical trials to FDA approval, said Ron
Squarer, Array’s chief executive.
“I am delighted to be joining at
such a pivotal point as the company
transitions into a development stage
organization,” Needle said in a press
statement. “It will be my privilege
and pleasure to lead the development
activities that will enable Array to
deliver on the promise of the pipeline,
and bring these important medicines
to patients who are fighting cancer.”
Needle’s hire is symbolic of Array’s
maturation process from a discovery company to one that sells drugs,
Squarer said. In all, the company has
15 drugs still going through various
stages of the FDA approval process
– drugs that treat pain, asthma and
ARRAY IS PARTNERING WITH NOVARTIS INTERNATIONAL AG
in Basel, Switzerland (NYSE: NVS) on MEK-162, a drug to
treat cancer tumors. A clinical trial of the drug is expected to
start in April.
diabetes as well as the cancers.
In addition, Squarer said he has
decided to focus on blood-related
drugs since taking over as head of the
company in April 2012.
“This ties into the transition of
the company from one that is very
broad in our focus to ... hematology,”
Squarer said.
In the high-stakes world of drug
research and development, Array
BioPharma Inc. also is focused on its
partnerships with other large pharmaceutical companies on two other
drugs it developed, Squarer said.
Most fledgling biopharmaceutical
companies have one or maybe two
drugs in the pipeline for final FDA
approval, Squarer said. Array’s decision to partner with big drug com-
panies after discovery of promising
drugs, puts it on the path for bigger
potential commercial success in the
next couple of years, he said.
Array is partnering with Novartis
International AG in Basel, Switzerland (NYSE: NVS) on MEK-162, a
drug to treat cancer tumors. A clinical
trial of the drug is expected to start
in April.
Array also has its own co-development rights to do its own late-stage
clinical trial on MEK-162, Squarer
said. That work could lead to Array
selling its own version of the drug in
coming years – possibly by the end of
2015, Squarer said. Needle is expected to be helpful in working on that
drug development as well, he said.
Another Array partnership is for
danoprevir, a drug used to treat hepatitis C. A clinical trial on danoprevir
is expected in 2013 as well. Scientists
at Array and InterMune Inc. (Nasdaq:
ITMN) in Brisbane, California, jointly discovered the drug in 2002. Roche
acquired all rights to danoprevir from
InterMune for $175 million in 2010.
A r ray’s approx i mately 3 0 0
employees work in locations in Boulder, Longmont and Morrisville, North
Carolina.
“It’s a legacy. The heart and soul of
the company was always doing great
science,” Squarer said. “What we have
found is how to partner the discovery
capability and keep it cost-neutral to us.”
Array BioPharma shares climbed
10 percent on March 25 as investors
absorbed positive information about
the planned 2013 trials and Needle’s
hire. Shares traded between $4.51
and $4.90 after a Piper Jaffray analyst
upgraded his stock recommendation
from “neutral” to “overweight” and
suggested a future target stock price
of $7. Array’s stock has traded between
$3 and $6.17 in the past year.
14A
|
March 29 - April 11, 2013
EMINENT
from 1A
Mark Merrill.
Little Rock, Arkansas-based Dillard's (NYSE: DDS), which owns
the building it occupies at the mall
in southwest Longmont, can prohibit new development on the mall
site, based on an existing agreement
between the retailer and mall owners
that was signed decades ago, Ginsborg
has said.
Dillard’s representatives have said
the company wants to continue to
operate at the site.
Longmont city officials may authorize the use of eminent domain on
the Dillard’s property at a meeting
scheduled for April 9 or earlier, Longmont Mayor Dennis Coombs has said.
“Eminent domain” is the term used to
describe a government’s legal right to
take private property for public use
after compensating a property owner.
“I really personally hope that Dillard’s stays,” Coombs said March 26.
“They have been a wonderful asset
to our community, and I would be
thrilled if they want to stay a part of
our community.”
The Dillard’s department store
is valued at $3.799 million by the
Boulder County Assessor, a number
city council members have looked
at in addition to its own appraisal,
Coombs said.
Of the total value of the Dillard’s
property, the 94,500-square-foot
building was assessed at $2.32 million and the land was assessed at $1.48
million for the 2008-2010 assessment
period, said John Helton, chief deputy assessor in the Boulder County
Assessor’s Office. A new value is
being calculated and will be available
for Dillard’s and all other properties
BILLS
Boulder County Business Report | www.bcbr.com
Regal agrees to terms at Twin Peaks Mall
BY BETH POTTER
bpotter@bcbr.com
LONGMONT — Regal Cinemas has agreed to terms of a lease
to operate a new 12-screen theater
at Twin Peaks Mall.
All details of the new theater will
“really be up to the landlord,” Regal
Entertainment Group spokesman
Russ Nunley said March 25. Nunley
referred all questions about the theater’s design, its location on the site
and other details to mall developer
NewMark Merrill Mountain States.
Project manager Allen Ginsborg did
not return requests for comment.
Regal operates the 10-screen
United Artists theaters at the existing mall.
The new theater is expected to
be a stand-alone building, based
on an artist’s drawing of what the
new shopping area is expected to
look like. Other buildings are to
include an as-yet-unnamed retailer
in 100,000 square feet of space and
a natural-foods grocery store.
Ginsborg has said in the past that
his development company “couldn’t
build the theater that Regal would
like without Dillard’s approval.” The
Knoxville, Tennessee-based Dillard’s department store holds veto
power over any redevelopment plans
at the mall. The department store
opened at Twin Peaks Mall in 1998.
Dillard’s spokeswoman Julie
Bull said Dillard’s had no comment when asked March 25 about
potential mall negotiations.
The successful redevelopment
of Twin Peaks Mall is one of Longmont’s highest priorities, according to Longmont Mayor Dennis
Coombs. Senior city staff members have been involved in negotiations between NewMark Merrill
and Regal and between NewMark
Merrill and Dillard’s, “but specific
terms have been exchanged directly
between the parties,” Coombs said.
NewMark Merrill bought the
indoor mall for $8.5 million last year.
The existing mall is scheduled to be
demolished, starting this summer,
Ginsborg has said. A new, unnamed
100,000-square-foot retail tenant has
been signed. The new development is
slated to be complete in fall 2014.
in the county at the end of April,
using a time frame of July 2010 to
June 2012, Helton said.
Because the city’s appraisal of Dillard’s is confidential, not even NewMark Merrill representatives have
seen it, Coombs said.
In terms of the value of Dillard’s
set by the county, Helton said all
properties in the county are valued
using market data from three comparable properties. For example,
the Macy’s department store in the
Twenty Ninth Street shopping area
in Boulder might be considered a
comparable property when assessing
value, Helton said.
“I would say (the value) is probably
not more. If (the value) is less, I'm not
sure how much less it would be,” Hel-
ton said. “It now is in the state of transition to being a redeveloped mall.”
Coombs and city council members, meeting as the Longmont Urban
Renewal Authority, met behind
closed doors for about an hour and a
half on March 19 to “discuss negotiation positions and strategies regarding
redevelopment of the Twin Peaks Mall
and the potential acquisition of property interests therein; and to receive
legal advice, provide instructions to
negotiators and consider confidential
documents, re: same,” according to a
published city council agenda.
Coombs made the eminentdomain announcement immediately
after the closed-door meeting.
Separately, Regal Entertainment
Group (NYSE: RGC) appears to
have wrapped up negotiations with
NewMark Merrill, Coombs said that
night. Knoxville, Tennessee-based
Regal operates the existing 10-screen
United Artists theaters at the mall.
NewMark Merrill bought the
indoor mall for $8.5 million last year.
Since then, Ginsborg has said he has
spent “hundreds of thousands of dollars” on the project. Newmark Merrill has met the other two key points
needed to receive $27.5 million in
urban-renewal authority bonds.
One point was to sign an agreement with a 100,000-square-foot
retailer, Ginsborg said. The other
was to sign a letter of intent with a
natural-foods grocery store. The new
development is slated to be complete
in fall 2014.
that have traditionally had strong
bipartisan support and ensure gas
industry accountability.”
Oil and gas operators are exempt
from the some of the provisions of
the Clean Air Act, Clean Water
Act and other environmental laws.
According to the press statement, the
BREATHE Act would close the oil
and gas industry’s exemption to the
Clean Air Act’s aggregation provision,
in addition to adding hydrogen sulfide
— a chemical associated with nausea,
vomiting, headaches and irritation of
the eyes, nose, and throat — to the
Clean Air Act’s federal list of hazardous air pollutants.
The FRESHER Act would reverse
the oil and gas companies’ construction and operations exemption from
the Clean Water Act for stormwater
runoff permits and mandate a study
of the effects of these operations on
surface water.
On Election Day in November, 60
percent of Longmont voters approved
Measure 100, which banned fracking
— as well as the storage and disposal of
fracking waste — within the city limits. That vote prompted the state Oil
and Gas Conservation Commission
to sue the city. Earlier this month, the
Fort Collins City Council voted 5-2 to
back Longmont in the suit.
However, Lakewood-based TOP
Operating Co. LLC, which does most
of the oil and gas drilling in the Wattenberg Field that includes the Longmont
area, asked to join the state commission’s suit against Longmont. In its proposed complaint, TOP said the city’s
ban “affects and renders impossible”
its plans to drill in Longmont, including wells approved by the city council
months before last year’s election.
COGA filed the suit in December in Weld County, where municipal and county officials have looked
more kindly on fracking. However,
19th Judicial District Judge Daniel
Maus on March 8 granted Longmont’s
request for a change of venue, meaning the case now will be heard in
Boulder County.
The BREATHE Act was referred
to the House Committee on Energy
and Commerce. The FRESHER Act
was referred to the House Transportation and Infrastructure Committee,
which sent it to its subcommittee on
water resources and environment.
Hearings have yet to be scheduled on
either measure.
utives with decision-making power.
However, another significant factor can
be the personalities involved.
“Something I impress upon clients
is that we’re looking for those people or
companies that have the capacity both
technically and personally to become
a long-term partner with us,” Svoboda
explained. “We have shared risk, and it’s
not always easy.”
A significant part of Wacari’s business is in seeking out intellectual property or products that have been developed for a specific market and then
shifting that IP to other markets.
While the company has a portfolio
of only six clients, its investment in
those partnerships can be significant. It
can take thousands of work hours and
hundreds of thousands of dollars of the
company’s funds to successfully commercialize a product.
“We try to look at markets around
$30 million to $50 million a year and
up,” Svoboda said. “Anything smaller
doesn’t have the potential for us to
break even.”
from 1A
Polis’ congressional district covers
parts of Boulder and Larimer counties, in which the process known as
“fracking” has become a heated political issue.
“New technologies have led to the
rapid development of hydraulic fracturing in Colorado and Pennsylvania
before community members could
fully understand the potential health,
safety, and quality-of-life implications of drilling in their neighborhood,” Polis said in a press statement.
“Through the BREATHE Act and
the FRESHER Act, we want to make
sure that fracking is not exempt from
the Clean Air Act and the Clean
Water Act simply because fracking
was not prevalent when these laws
were initially written. These bills
update health and safety protections
WACARI
from 9A
Once a contract is signed, the
experts at The Wacari Group assemble
to assess the intellectual property as
well as competing patents, develop
a full market analysis that takes into
account pricing, distribution and likely
licensing candidates. Once licensing
candidates are identified, Wacari will
go so far as to research individual exec-
March 29 - April 11, 2013
Boulder County Business Report | www.bcbr.com
BUSINESS
REPORT
RANK
1
2
3
4
5
6
7
8
9
10
11
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LIST
Company
|
15A
PRIVATE-SECTOR
PRIVATE-SECTOR EMPLOYERS
EMPLOYERS
(Private-sector employers
ranked
by number
of employees
in Boulder
and Broomfield
counties.)counties.)
(Private-sector
employers
ranked
by number
of employees
in Boulder
and Broomfield
Local employees
Employees
worldwide
Products/Services
Revenue 2012
Revenue 2011
Fiscal year end
Headquarters
Parent company
Public/Private
Website
Headquarters
Web site
Parent company
IBM CORP.
6300 Diagonal Highway
Boulder, CO 80302
303-924-6300
3,400
433,362
Computer software, hardware and services.
$104,507,000,000
$106,900,000,000
Dec. 31
Armonk, New York
Public
www.ibm.com
Pete Lorenzen, senior state
executive
1911
LEVEL 3 COMMUNICATIONS INC.
1025 Eldorado Blvd.
Broomfield, CO 80021
720-888-2750/720-888-5085
2,500
10,800
Global provider of telecommunication services, delivering data,
voice, video and managed solutions leveraging a reliable, secure
network.
$6,380,000,000
$6,320,000,000
Dec. 31
Broomfield
Public
www.level3.com
James Q. Crowe, CEO
1998
BOULDER COMMUNITY HOSPITAL
1100 Balsam Ave.
Boulder, CO 80304
303-440-2273/303-441-0478
2,350
2,350
Emergency, cardiology, oncology, ICU, orthopedics, neurology,
general medical-surgical care, rehabilitation, stroke care, radiology
(imaging), laboratory.
$307,429,000
$286,145,720
Dec. 31
Boulder
Private
www.bch.org
David Gehant, president/
CEO
1922
BALL CORP.
10 Longs Peak Drive
Broomfield, CO 80021
303-469-3131/303-460-2127
2,160
15,000
Provides metal packaging products for beverage, food and
household customers; aerospace unit provides imaging,
communications and information systems, products, software and
services to government and
$8,735,700,000
$8,630,900,000
Dec. 31
Broomfield
Public
www.ball.com
John A. Hayes, president
and CEO
1880
EXEMPLA GOOD SAMARITAN MEDICAL
CENTER
200 Exempla Circle
Lafayette, CO 80026
303-689-4000/303-689-6999
1,400
N/A
Cardiovascular care, comprehensive cancer care, neurology, level II
neonatal care, emergency and trauma services, Bone and Joint
Institute, general surgery, occupational medicine, OB/GYN.
N/A
N/A
N/A
Denver
Exempla Healthcare
Private
www.exempla.org/goodsamaritan
David Hamm, CEO,
president
2004
LONGMONT UNITED HOSPITAL
1950 W. Mountain View Ave.
Longmont, CO 80501
303-651-5111/303-678-4050
1,265
1,265
Cardiology, dialysis, orthopedics, cancer treatment, women
services, neurosurgery, diagnostic imaging, rehabilitation, 24/7
emergency.
$456,151,000
$445,446,000
Dec. 31
Longmont
Private
www.luhcares.org
Mitchell C. Carson,
president, CEO
1959
SEAGATE TECHNOLOGY LLC
389 Disc Drive
Longmont, CO 80503
720-684-1900
1,215
55,000
Hard disk, solid state and hybrid drives. storage solutions for
enterprise, desktop, mobile computing, consumer electronics and
retail markets.
$15
$11,000,000,000
June 30
Cupertino, California
Seagate Technology LLC
Public
www.seagate.com
Steve Luczo, CEO
1979
WAL-MART STORES INC.
702 S.W. Eighth St.
Bentonville, AR 72716
479-273-4000/479-273-4053
1,200
2,000,000
Retail/discount department stores and Sam's Club warehouse.
$446,950,000,000
$421,849,000,000
Jan. 31
Bentonville, Arkansas
Public
www.walmart.com
S. Robson Walton
H. Lee Scott
1969
TARGET CORP.
1625 Owens St.
Lakewood, CO 80215
612-304-6073/612-696-3731
900
355,000
Discount retail chain.
$69,865,000,000
$67,390,000,000
Jan. 31
Minneapolis, Minnesota
Public
www.target.com
Gregg Steinhafel, CEO,
president
1962
WHOLE FOODS MARKET INC.
2905 Pearl St.
Boulder, CO 80301
303-545-6611/303-545-6633
900
53,100
Organically grown produce, fresh-baked goods, deli foods, florist.
Full catering and concierge services available including carry-out
and on location.
$11,698,828,000
$10,107,790,000
Sept. 30
Austin, Texas
Public
www.wholefoods.com
Jennifer Rudback, store
team leader
1980
HUNTER DOUGLAS INC., WINDOW
FASHIONS DIVISION
1 Duette Way
Broomfield, CO 80020
303-466-1848/303-876-3630
891
N/A
Manufactures custom window coverings.
N/A
N/A
Dec. 31
Pearl River, New York
Private
www.hunterdouglas.com
Hurley Mitchell, president
manufacturing group
Richard Pellett, president,
general manager of Window
Fashions Division
1946
DIGITALGLOBE INC.
1601 Dry Creek Drive, Suite 260
Longmont, CO 80503
303-684-4000/303-682-3848
708
N/A
Provider of high-resolution commercial satellite imagery and
geospatial information products.
$421,400,000
$339,500,000
Dec. 31
Longmont
Public
www.digitalglobe.com
Jeffrey R. Tarr, president,
CEO
1992
SAFEWAY INC.
6900 S. Yosemite St.
Englewood, CO 80112
303-843-7600/303-843-7939
704
180,000
Retail grocery.
$44,206,500,000
$41,050,000,000
Jan. 1
Pleasanton, California
Public
www.safeway.com
Steven A. Burd, CEO
1927
AMGEN INC.
4000 Nelson Road
Longmont, CO 80503
303-401-1000
700
17,800
Manufacturer of biologics.
$17,300,000,000
$15,053,000,000
Dec. 31
Thousand Oaks, California
Public
www.amgen.com
Robert Bradway, president,
CEO
1980
630
630
Provides comprehensive medical services, including 24-hour
emergency care. Maternity care and advanced total joint
replacement provider.
$85,500,000
$81,000,000
June 30
Louisville
Centura Health
Private
www.avistahospital.org
Cheryl Curry, CFO
1990
MWH GLOBAL INC.
380 Interlocken Crescent, Suite 200
Broomfield, CO 80021
303-533-1900/303-533-1901
611
8,000
Provides water, wastewater, energy, natural resource, programmanagement, consulting and construction services to industrial,
municipal and government clients.
$1,545,399,000
$1,483,954,000
Dec 30
Broomfield
Private
www.mwhglobal.com
Alan J. Krause, chairman
and CEO
1945
EMERSON PROCESS MANAGEMENT,
MICRO MOTION DIVISION
7070 Winchester Circle
Boulder, CO 80301
800-522-6277/303-530-8459
591
823
Manufactures precision flow and density meters.
N/A
$24,222,000,000
Sept. 30
St. Louis, Missouri
Emerson
Public
www.micromotion.com
Neal Ingram, president
1977
WHITEWAVE FOODS CO.
12002 Airport Way
Broomfield, CO 80021
303-635-4000/303-635-5657
460
2,600
Horizon offers organic and natural dairy products; Silk offers soy and
almond milk products; International Delight nondairy coffee creamer;
Land O' Lakes liquid and cultured dairy products.
$2,325,472,000
$2,068,431,000
Dec. 31
Dallas, Texas
Dean Foods Co.
Public
www.whitewave.com
Gregg L. Engles, CEO,
chairman
2004
YMCA OF BOULDER VALLEY
2800 Dagny Way
Lafayette, CO 80026
303-664-5455/303-664-5456
429
429
Youth development, healthy living and social responsibility.
$9,167,233
$8,707,792
Dec. 31
Boulder
Private
www.ymcabv.org
Chris Coker, CEO, president
1955
SPECTRA LOGIC CORP.
6285 Lookout Road
Boulder, CO 80301
303-449-6400/303-939-8844
325
399
Data protection with tape and disk-based backup, recovery and
archive storage solutions.
N/A
N/A
June 30
Boulder
Private
www.spectralogic.com
Nathan C. Thompson, CEO,
chairman
1979
LONGMONT CLINIC
1925 W. Mountain View Ave.
Longmont, CO 80501
303-776-1234
300
N/A
Multispecialty medical center with more than 50 physicians and 20
medical specialties. Ancillary services include radiology, lab, walk in
urgent care , diagnostic imaging, nuclear medicine and more.
N/A
N/A
Dec. 31
Longmont
Private
www.longmontclinic.com
Jack B. Campbell,
administrator
1906
NORTHROP GRUMMAN ELECTRONIC
SYSTEMS INC.
6120 Longbow Drive
Boulder, CO 80301
720-622-6008
290
N/A
Satellite ground stations supporting missile warning and missile
defense.
N/A
N/A
Dec. 30
Baltimore
Public
www.ngc.com
Ron Alford, director of
Colorado operations
1939
CELESTIAL SEASONINGS INC.
4600 Sleepytime Drive
Boulder, CO 80301
303-530-5300/303-581-1332
250
N/A
More than 70 varieties of herbal, green, black, wellness, Rooibos
and chai teas, plus ready-to-drink beverages like organic Kombucha
and natural shots.
$1,378,247,000
$1,108,546,000
June 30
Melville, New York
The Hain Celestial Group Inc.
Public
www.celestialseasonings.com
Peter Burns, president
1969
LEANIN' TREE INC.
6055 Longbow Drive
Boulder, CO 80301
303-530-1442/303-530-5124
200
N/A
Family-owned business providing greeting cards and gifts made in
the USA since 1949. Printed on recycled paper.
N/A
N/A
Dec. 31
Boulder
Private
www.leanintree.com
Tom Trumble, CEO,
president
1949
SILL-TERHAR MOTORS INC.
150 Alter St.
Broomfield, CO 80020
303-469-1801/720-284-0791
130
N/A
Ford, Lincoln, Mercury, Mazda, Volvo, Jaguar, Maserati,
Lamborghini, Aston Martin, and pre-owned sales, parts and service.
$106,980,153
$94,657,316
Dec. 31
Broomfield
Private
www.sthmotors.com
Jack TerHar, president
Beau Smith, vice president
1960
AVISTA ADVENTIST HOSPITAL
100 Health Park Drive
Louisville, CO 80027
303-673-1000/303-673-1048
N/A: not available.
IBM will not release local employment numbers. Employement listed here is a Business Report estimate.
Researched by Mariah Gant
Source: Business Report Survey
16A
|
March 29 - April 11, 2013
Boulder County Business Report | www.bcbr.com
FOR THE RECORD
Bankruptcies
Applications for bankruptcy
protection are filed with the
U.S. Bankruptcy Court in
Denver. Chapter 7 denotes
filings made for liquidation.
Chapter 11 indicates filings
for reorganization. Chapter 13 indicates filings that
enable petitioners to pay off
their creditors over three to
five years.
Foreclosures
Includes notices of election
and demand filed by creditors alleging default on a
debt. Foreclosures are not
final until a Public Trustee’s
Deed has been issued.
State Tax Liens
Judgments filed against
assets of individuals or
businesses with delinquent
taxes.
Judgments
Judgments constitute decisions by a court of law
against an individual or
corporation for payment of
monetary damages.
Warranty Deeds
Transfers property while
guaranteeing a clear title
free of any encumbrances
that are not listed on the
deed.
This information is obtained from SKLD Information Services.
BANKRUPTCIES
12622, DATE FILED: 2/27/2013.
Boulder County
Chapter 7
MICHAEL LEWIS PAUL, 220 SUMMIT BLVD UNIT 364, BROOMFIELD;
CASE #2013-12797, DATE FILED:
3/1/2013.
MICHELLE ANNE SCOTT, 630 PECK
DR, LONGMONT; CASE #201312554, DATE FILED: 2/27/2013.
DIANE JEAN CZARKOWSKI, 5339
OLDE STAGE RD, BOULDER; CASE
#2013-12759, DATE FILED: 3/1/2013.
STEPHEN JAMES ALEXANDER,
1219 LARK ST, LONGMONT; CASE
#2013-12761, DATE FILED: 3/1/2013.
JUDITH ELIZABETH BAGWELL, 716
INDEPENDANCE DR, LONGMONT;
CASE #2013-12774, DATE FILED:
3/1/2013.
JULIAN CID HERNANDEZ, 4500
19TH ST #601, BOULDER; CASE
#2013-12791, DATE FILED: 3/1/2013.
GEOFFREY PAUL GORMAN, 8624
MAGNOLIA DR, NEDERLAND; CASE
#2013-12796, DATE FILED: 3/1/2013.
EDWARD JOSEPH JR WINCE, 599
EXCALIBUR ST UNIT 107, LAFAYETTE; CASE #2013-12798, DATE
FILED: 3/1/2013.
DANA ADRIANA MEDINA, 714 LINCOLN PL, BOULDER; CASE #201312803, DATE FILED: 3/1/2013.
MARLENA RICH, 4838 BRANDON
CREEK DRIVE, BOULDER; CASE
#2013-12862, DATE FILED: 3/1/2013.
CHRISTOPHER HYUNGHO REIVICH, 2875 STEPHENS ROAD, BOULDER; CASE #2013-12871, DATE
FILED: 3/1/2013.
ROBERT EUGENE BLASE, 1119
SHERRI MAR COURT, LONGMONT;
CASE #2013-12884, DATE FILED:
3/1/2013.
BARBARA ANN RICKER, 2121
ENTERPRISE STREET, SUPERIOR;
CASE #2013-13011, DATE FILED:
3/5/2013.
CARLOS ORONAZAMORA, 325
WADSWORTH CIR, LONGMONT;
CASE #2013-13024, DATE FILED:
3/5/2013.
RONALD HENRY JR NICHOLS,
1010 E 10TH AVE APT #213, BROOMFIELD; CASE #2013-13026, DATE
FILED: 3/5/2013.
DEDRIC JAMAL MCGHEE, 753
ELDORADO RD APT 2021, BROOMFIELD; CASE #2013-13077, DATE
FILED: 3/6/2013.
KRISTY LEE BACA, 333 MULBERRY
CIR, BROOMFIELD; CASE #201313123, DATE FILED: 3/6/2013.
KIRK A HEADRICK, 209 BERYL WAY,
BROOMFIELD; CASE #2013-13277,
DATE FILED: 3/8/2013.
WESLEY NEAL HARVEY, PO BOX
7587, BROOMFIELD; CASE #201313315, DATE FILED: 3/8/2013.
Chapter 13
RYAN W PLUSH, 12271 CHERRYWOOD ST, BROOMFIELD; CASE
#2013-13296, DATE FILED: 3/8/2013.
FORECLOSURES
Boulder County
BORROWER: DONOVAN T MARTIN,
3889 NORTHBROOK DR, BOULDER. LENDER: COMPASS BANK,
AMOUNT DUE: $533187. CASE
#3290232. 2/15/2013
BORROWER: GEOFFREY HILL &
CORI BATSON, 5414 GUNBARREL
CIR, LONGMONT. LENDER: JPMORGAN CHASE BK, AMOUNT DUE:
$324789. CASE #3290716. 2/19/2013
BORROWER: REAGAN J & CHRISTINE PERRY, 2110 STONEHENGE
CIR, LAFAYETTE. LENDER: US BK
NORTH DAKOTA, AMOUNT DUE:
$389340. CASE #3290717. 2/19/2013
BORROWER: DORIS ROSS, 5058
BUCKINGHAM RD, BOULDER.
LENDER: BK AM, AMOUNT DUE:
$180546. CASE #3290718. 2/19/2013
LAURA BLAIR IRWIN, 721 MILLIONAIRE DRIVE WEST, BOULDER; CASE
#2013-13032, DATE FILED: 3/5/2013.
BORROWER: ANIRUDDA LOWRIE, 535 ATWOOD ST, LONGMONT.
LENDER: CU MEMBERS MORTGAGE, AMOUNT DUE: $109367.
CASE #3291032. 2/20/2013
DIANE LOUISE MAYES, 2600
SOUTH ROCK CREEK PKWY APT,
SUPERIOR; CASE #2013-13038,
DATE FILED: 3/5/2013.
BORROWER: ROSA B TELLEZ, 1288
HOFFMAN DR, ERIE. LENDER: ONEWEST BANK FSB, AMOUNT DUE:
$225726. CASE #3291033. 2/20/2013
KEITH MURRAY CAMPBELL, 635
GOOSEBERRY DR, LONGMONT;
CASE #2013-13044, DATE FILED:
3/5/2013.
BORROWER: JOSE MARTINEZ
GUTIERREZ, 131 REED PL, LONGMONT. LENDER: BRANCH BANKING
TRUST, AMOUNT DUE: $274455.
CASE #3291385. 2/21/2013
JESSE THOMAS LISTER, 4505 REDMOND DRIVE APT 11207, LONGMONT; CASE #2013-13064, DATE
FILED: 3/6/2013.
JOSEPH JAY GORE, 340 LILAC CR,
LOUISVILLE; CASE #2013-13068,
DATE FILED: 3/6/2013.
STACY D WILLIAMS, 1191B MILO
CIRCLE, LAFAYETTE; CASE #201313080, DATE FILED: 3/6/2013.
DONNA RAE MAUS, 1209 TULIP
STREET, LONGMONT; CASE #201313200, DATE FILED: 3/7/2013.
Chapter 13
MICHAEL LEE GREENFIELD, 2612
MOUNTAIN VIEW AVE, LONGMONT;
CASE #2013-12675, DATE FILED:
2/28/2013.
MICHAEL GASPER GONZALES,
4165 APACHE RD, BOULDER; CASE
#2013-12934, DATE FILED: 3/2/2013.
Broomfield County
Chapter 7
JENNIFER TAYLOR, 7835 W 119TH
PL, BROOMFIELD; CASE #2013-
BORROWER: SHELLY D & ROBERT A KNIGHT, 701 SNOWBERRY
ST, LONGMONT. LENDER: US
BANK NATIONAL ASSOCIATION
T, AMOUNT DUE: $202233. CASE
#3291386. 2/21/2013
BORROWER: HEATHER & KYLE
HESTER, 616 BAKER ST, LONGMONT. LENDER: US BANK NATIONAL ASSOCIATION T, AMOUNT DUE:
$215758. CASE #3291764. 2/22/2013
BORROWER: JUAN VIDAL LOZANO,
207 BROSS ST, LONGMONT. LENDER: US BANK NATIONAL ASSOCIATION T, AMOUNT DUE: $128740.
CASE #3291765. 2/22/2013
BORROWER: TIFFANY A MORRISON, 742 CAMERON LN, LONGMONT. LENDER: BANK AMERICA,
AMOUNT DUE: $172902. CASE
#3292496. 2/26/2013
BORROWER: RICHARD F & JOAN M
JOLLIE, 428 NEWMAN CIR, LONGMONT. LENDER: NATIONSTAR
MORTGAGE LLC, AMOUNT DUE:
$145462. CASE #3292497. 2/26/2013
BORROWER: SCOTT L OLIVER, 8280
DEER RUN, LONGMONT. LENDER:
DEUTSCHE BANK NATIONAL TRUST
C, AMOUNT DUE: $674272. CASE
#3292498. 2/26/2013
BORROWER: CHRISTOPHER H
LEWIS, 1054 DELTA DR, LAFAYETTE.
LENDER: WELLS FARGO BANK,
AMOUNT DUE: $116282. CASE
#3293451. 2/28/2013
BORROWER: STUART G & LUANNE
WELWOOD, 2109 HACKBERRY CIR,
LONGMONT. LENDER: NATIONSTAR
MORTGAGE LLC, AMOUNT DUE:
$146955. CASE #3293452. 2/28/2013
BORROWER: DONNA R BRINDLEY, 1308 VESTA CIR, LAFAYETTE.
LENDER: JPMORGAN CHASE
BANK NATIONAL A, AMOUNT DUE:
$133791. CASE #3293453. 2/28/2013
BORROWER: MADISON FAUST,
1843 MALLARD DR # 18, SUPERIOR.
LENDER: COLORADO HOUSING
FINANCE AUTHO, AMOUNT DUE:
$145951. CASE #3293454. 2/28/2013
BORROWER: JOEL L SCHAFFER,
3355 TALISMAN CT APT A, BOULDER. LENDER: PNC BANK NATIONAL ASSOCIATION, AMOUNT DUE:
$122187. CASE #3293455. 2/28/2013
BORROWER: AVIS BURNETT, 955
JASMINE CIR, BOULDER. LENDER:
US BANK TRUST NATIONAL ASSOCIA, AMOUNT DUE: $426576. CASE
#3293456. 2/28/2013
BORROWER: CARIBOU INVESTMENT GROUP LLC, 1604 3RD AVE,
LONGMONT. LENDER: FIRSTBANK,
AMOUNT DUE: $130721. CASE
#3293850. 3/1/2013
BORROWER: DAVID & JANE
CHAKNOVA, 8687 MORTON RD,
LONGMONT. LENDER: CHAKNOVA
FAMILY TRUST, AMOUNT DUE:
$200000. CASE #3293851. 3/1/2013
BORROWER: ANDRE FRAPPIER, 1220 FAIRFIELD DR, BOULDER. LENDER: HSBC BANK USA,
AMOUNT DUE: $294995. CASE
#3293852. 3/1/2013
BORROWER: KELLY G ALLEN, 1111
MAXWELL AVE APT 212, BOULDER.
LENDER: BANK NEW YORK MELLON TRUST CO, AMOUNT DUE:
$171550. CASE #3293853. 3/1/2013
Broomfield County
BORROWER: DAN V BUI, 12785
WOLFF CT, BROOMFIELD. LENDER:
HOMEWARD RESIDENTIAL INC,
AMOUNT DUE: $71555. CASE #2739.
2/21/2013
BORROWER: BARBARA J PIERCE,
13581 SHERIDAN BLVD, BROOMFIELD. LENDER: JPMORGAN CHASE
BANK NATIONAL A, AMOUNT DUE:
$161506. CASE #2740. 2/21/2013
BORROWER: BEVERLEY IRENE &
REBECCA SUE THIRLAWAY, 685
QUARTZ WAY, BROOMFIELD. LENDER: PROVIDENT FUNDING ASSOCIATES L, AMOUNT DUE: $170497.
CASE #2759. 2/21/2013
BORROWER: DAVID ADAIR &
KARON JUNE HUGHES, 3420
BOULDER CIR UNIT 104, BROOMFIELD. LENDER: BANK AMERICA,
AMOUNT DUE: $138956. CASE
#2812. 2/25/2013
BORROWER: KERIN E DYER, 12540
DALE CT, BROOMFIELD. LENDER:
WELLS FARGO BANK, AMOUNT
DUE: $176120. CASE #3027.
2/28/2013
BORROWER: PETER & STEPHANIE PAQUET, 13431 SHERIDAN
BLVD, BROOMFIELD. LENDER:
DEUTSCHE BANK NATIONAL TRUST
C, AMOUNT DUE: $166303. CASE
#3038. 2/28/2013
BORROWER: JAIME RECH, 12331
DEERFIELD WAY, BROOMFIELD.
LENDER: BANK NEW YORK MELLON TRUST CO, AMOUNT DUE:
$226689. CASE #3199. 3/4/2013
JUDGMENTS
Boulder County
HOMEOWNERS ASSOC. AMOUNT:
$1623.74. CASE #C-12C-318640.
DATE: 3/1/2013
Broomfield County
DEBTOR: GARRETT D QUACKENBUSH, CREDITOR: GARRETT
D QUACKENBUSH. AMOUNT:
$319596.67. CASE #D-12CV-000507.
DATE: 2/19/2013
DEBTOR: JOSEPH MCGOWAN,
CREDITOR: 1919 STREET LLC.
A M O U N T: $ 2 5 4 2 9 . 4 . C A S E
#D-12CV-030013. DATE: 2/19/2013
D E B T O R : RYA N H A N S O N ,
CREDITOR: TAMARON II CONDO
ASSOC. AMOUNT: $3020.97. CASE
#C-12C50161. DATE: 2/20/2013
D E B T O R : RYA N H A N S O N ,
CREDITOR: TAMARON II CONDO
ASSOC. AMOUNT: $3020.97. CASE
#C-13C50161. DATE: 2/21/2013
DEBTOR: WAYNE E PETERSON,
CREDITOR: GREENWAY PARK
HOMEOWNERS ASSOC. AMOUNT:
$1780.52. CASE #C-12C-001152.
DATE: 2/21/2013
DEBTOR: CHRISTINA C STICKLER, CREDITOR: PREMIER MEMBERS FED CREDIT UNI. AMOUNT:
$6512.44. CASE #C-12C-001757.
DATE: 2/21/2013
DEBTOR: CASA DIEGOS INC,
CREDITOR: TUSCAN HILLS
LLC. AMOUNT: $79798.36. CASE
#D-10CV-005030. DATE: 2/21/2013
DEBTOR: STEVEN R & KAREN M
CARRUTHERS, CREDITOR: COUNTRY FIELDS HOMEOWNERS ASSO.
AMOUNT: $1389.23. CASE #C-12C001538. DATE: 2/26/2013
DEBTOR: MICHAEL GAUTENBEIN,
CREDITOR: CITIFINANCIAL AUTO
LTD. AMOUNT: $12264.99. CASE
#C-09C-003424. DATE: 3/1/2013
DEBTOR: BRIAN ANGELO TOBIA,
CREDITOR: SADDLEBROOKE AT
ROCK CREEK HOM. AMOUNT:
$3047.59. CASE #C-10C-004514.
DATE: 3/1/2013
Broomfield County
DEBTOR: ROBERT G MILLER,
CREDITOR: ALPINE CREDIT INC.
AMOUNT: $0.0. CASE #12C1383.
DATE: 2/26/2013
DEBTOR: STEVEN P & ANGELA S
LARSEN, CREDITOR: WILDGRASS
TOWNHOUSE SUBASSOCIA.
AMOUNT: $2656.07. CASE #C-12C000503. DATE: 2/20/2013
DEBTOR: KEVIN D NELSON, CREDITOR: BOULDER VALLEY CREDIT
UNION. AMOUNT: $7071.02. CASE
#C-11C-000919. DATE: 2/21/2013
DEBTOR: SANDY M JOHANSEN,
CREDITOR: ALPINE CREDIT INC.
AMOUNT: $2655.5. CASE #C-12C030166. DATE: 2/22/2013
DEBTOR: CATRICE L BOOTHE,
CREDITOR: PREMIER MEMBERS FED CREDIT UNI. AMOUNT:
$14634.96. CASE #C-12C-001758.
DATE: 2/21/2013
DEBTOR: TONYA R LOPEZ, CREDITOR: PORTFOLIO RECOVERY
ASSOC LLC. AMOUNT: $1575.07.
CASE #C-12C-030123. DATE:
2/25/2013
DEBTOR: JESUS M CORCHADO,
CREDITOR: WAKEFIELD ASSOC INC.
AMOUNT: $4295.83. CASE #C-12C030458. DATE: 2/21/2013
DEBTOR: JONATHAN DAMON &
JONA NORRIS, CREDITOR: WELLS
FARGO BK. AMOUNT: $17414.07.
CASE #C-12CV-000214. DATE:
2/25/2013
303 VODKA, $6302.18, CASE
#3293660, 2/28/2013.
DEBTOR: REAL LIFE CAPITAL
INC, CREDITOR: FLORIDA MALL
LLC. AMOUNT: $50955.88. CASE
#D-12CV-000977. DATE: 2/25/2013
AUTOWERKS EAST INC, $3483.0,
CASE #3293675, 2/28/2013.
DEBTOR: CASA DIEGOS INC,
CREDITOR: TUSCAN HILLS
LLC. AMOUNT: $79798.36. CASE
#D-10CV-005030. DATE: 2/21/2013
DEBTOR: NF P ENTERPRISES
LLC, CREDITOR: COMMUNITY BK
COLO. AMOUNT: $282078.74. CASE
#D-12CV-005282. DATE: 2/22/2013
DEBTOR: MICHAEL LENICK, CREDITOR: DISCOVER BK. AMOUNT:
$3507.68. CASE #C-12C-030416.
DATE: 2/22/2013
DEBTOR: JOHN B CLAUS,
CREDITOR: DREXEL UNIVERSITY.
AMOUNT: $5970.1. CASE #C-12C003008. DATE: 2/25/2013
DEBTOR: CAROL E MAYEDA,
CREDITOR: DISCOVER BK.
AMOUNT: $14679.13. CASE #C-12C030747. DATE: 2/25/2013
DEBTOR: MICHAEL GONZALES,
CREDITOR: LIBERTY ACQUISITIONS
SERVICING. AMOUNT: $1163.51.
CASE #C-11C-005159. DATE:
2/25/2013
DEBTOR: JODY KRAUSE, CREDITOR: PREMIER MEMBERS FED
CREDIT UNI. AMOUNT: $3656.95.
CASE #C-07C-001260. DATE:
2/25/2013
DEBTOR: LORRY & LORRY MELNICK, CREDITOR: LULUS PLAZAS
LLC. AMOUNT: $39955.77. CASE
#D-12CV-007715. DATE: 2/25/2013
DEBTOR: REAL LIFE CAPITAL
INC, CREDITOR: FLORIDA MALL
LLC. AMOUNT: $50955.88. CASE
#D-12CV-000977. DATE: 2/25/2013
DEBTOR: COWEST INS BOULDER INC, CREDITOR: PLAZA III
LTD. AMOUNT: $36323.0. CASE
#D-12CV-000444. DATE: 2/25/2013
DEBTOR: CHARLES C REED,
CREDITOR: PLAZA III LTD. AMOUNT:
$19814.36. CASE #D-12CV-000444.
DATE: 2/25/2013
DEBTOR: CHARLES C REED,
CREDITOR: PLAZA III LTD. AMOUNT:
$19814.36. CASE #D-12CV-000444.
DATE: 2/25/2013
DEBTOR: TAWNYA MONACO,
CREDITOR: PREMIER MEMBERS FED CREDIT UNI. AMOUNT:
$14232.93. CASE #C-13C-030032.
DATE: 2/27/2013
DEBTOR: CHRIS L MARTINEZ,
CREDITOR: TCF NATL BK. AMOUNT:
$39616.14. CASE #D-12CV-000337.
DATE: 2/28/2013
DEBTOR: CERASANI ENTERPRISES LLC, CREDITOR: LJ PARK
LLC. AMOUNT: $166227.95. CASE
#D-12CV-002505. DATE: 2/28/2013
DEBTOR: PATTRISHA SULLIVAN,
CREDITOR: ALWAYS DONE RIGHT
ROOFING. AMOUNT: $7655.0. CASE
#C-12S-000277. DATE: 2/28/2013
DEBTOR: CHRISTOPHER BARNETT, CREDITOR: SMOKY HILL
DEBTOR: LORRY & LORRY A MELNICK, CREDITOR: LULUS PLAZAS
LLC. AMOUNT: $39955.77. CASE
#D-12CV-007715. DATE: 2/25/2013
DEBTOR: WENDY RITTER, CREDITOR: ALPINE CREDIT INC. AMOUNT:
$630.85. CASE #C-12C-030108.
DATE: 2/25/2013
DEBTOR: JAVIER MARTI, CREDITOR: LIBERTY ACQUISITIONS SERVICING. AMOUNT: $12241.82. CASE
#C-12C-058464. DATE: 2/28/2013
DEBTOR: CERASANI ENTERPRISES LLC, CREDITOR: LJ PARK
LLC. AMOUNT: $166227.95. CASE
#D-12CV-002505. DATE: 2/28/2013
DEBTOR: RICHARD W & RICH
HERRING, CREDITOR: SACOR FIN
INC. AMOUNT: $7546.42. CASE
#C-12C-001420. DATE: 2/28/2013
DEBTOR: BRYAN J RASMUSSEN,
CREDITOR: COMMUNITY FIN CREDIT UNION. AMOUNT: $4190.79. CASE
#C-11C-00659. DATE: 3/1/2013
DEBTOR: CHRISTOPHER BARNETT, CREDITOR: SMOKY HILL
HOMEOWNERS ASSOC. AMOUNT:
$1623.74. CASE #C-12C-318640.
DATE: 3/1/2013
RELEASE
OF JUDGMENT
Boulder County
DEBTOR: DELMAR HAMILTON,
CREDITOR: MIDLAND CREDIT
MANAGEMENT INC. AMOUNT: $0.0.
CASE #. DATE: 2/15/2013
DEBTOR: RAY E MUELLER,
CREDITOR: CAPITAL ONE BK
USA. AMOUNT: $7166.06. CASE
#C-11C4723. DATE: 2/15/2013
DEBTOR: BENJAMIN RICHARDSON, CREDITOR: USA. AMOUNT:
$0.0. CASE #D-97-CR-63-WM. DATE:
2/20/2013
DEBTOR: JENNIFER A MCCALLUM, CREDITOR: PROFESSIONAL
FIN CO INC. AMOUNT: $0.0. CASE #.
DATE: 2/25/2013
DEBTOR: HAYDEN L MEIER, CREDITOR: LAW OFFICES SIEGEL SIEGEL.
AMOUNT: $0.0. CASE #D-11CV1152.
DATE: 2/25/2013
DEBTOR: STOP N PARK LLC,
CREDITOR: JEFFREY D & JULI
COHEN. AMOUNT: $589.0. CASE
#C-11C-003982. DATE: 2/19/2013
DEBTOR: LISA K RASMUSSEN,
CREDITOR: LVNV FUNDING.
AMOUNT: $5115.74. CASE #C-06C004629. DATE: 2/25/2013
DEBTOR: KAREN & RICHARD
LANGHART, CREDITOR: DURANGO
VISIONS LLC. AMOUNT: $0.0. CASE
#D-07CV178. DATE: 2/26/2013
STATE TAX LIENS
Boulder County
2E LLC, $2441.0, CASE #3293682,
2/28/2013.
303 VODKA, $708.92, CASE
#3293668, 2/28/2013.
APRON STRINGS BAKERY LLC,
$959.0, CASE #3293683, 2/28/2013.
AUTOWERKS EAST INC, $103.75,
CASE #3293256, 2/27/2013.
BOULDER DISTILLERY CLEAR
SPIRI, $1920.81, CASE #3293662,
2/28/2013.
BOULDER MEDICAL MARIJUANA
COOP, $3660.0, CASE #3293673,
2/28/2013.
BOULDER SECURITY LOCK SAFE
INC, $1209.0, CASE #3293663,
2/28/2013.
BOULDER SECURITY LOCK SAFE
INC, $1203.0, CASE #3293680,
2/28/2013.
CABIN FEVER COMICS INC,
$3602.0, CASE #3293676, 2/28/2013.
CARPET OUTPOST LLC, $2426.0,
CASE #3293674, 2/28/2013.
CARPET OUTPOST LLC, $2418.0,
CASE #3293659, 2/28/2013.
CASH ENTERTAINMENT LLC,
$954.9, CASE #3293257, 2/27/2013.
CHRISTOPHER MECHANICAL
SERVICE, $1838.0, CASE #3293670,
2/28/2013.
CIRCADENCE CORP, $573.42,
CASE #3293255, 2/27/2013.
COHERENT FIN SERVICES,
$439.14, CASE #3293638, 2/28/2013.
COLLEGE SP LLC, $1833.0, CASE
#3293664, 2/28/2013.
CONILOGUE QUALITY CAR TRUCK
RE, $1101.0, CASE #3293677,
2/28/2013.
DESIGN WEST ARCHITECTURE
INC, $1543.19, CASE #3293646,
2/28/2013.
EL TACO FELIZ LLC, $8832.0, CASE
#3293672, 2/28/2013.
FOCUSED FIN PLANNING INC,
$838.47, CASE #3292123, 2/22/2013.
FOOTHILLS PREMIER AUTO
GROUP L, $8607.0, CASE #3293669,
2/28/2013.
HEIGHTS HEALTHCARE CO LLC,
$1163.27, CASE #3294017, 3/1/2013.
HERITAGE TILE MARBLE GRANITE I, $100.07, CASE #3292816,
2/26/2013.
HIGH GRADE ALTERNATIVES LLC,
$759.66, CASE #3291775, 2/22/2013.
K2 COFFEE, $668.0, CASE
#3293666, 2/28/2013.
KHOW THAI CAFE LLC, $1638.16,
CASE #3293645, 2/28/2013.
LABORATORY SUPPLY CO,
$764.08, CASE #3291777, 2/22/2013.
LATHROP GAGE LLP, $1994.75,
CASE #3291778, 2/22/2013.
LAW OFFICE BENNETT BRAVERMAN P, $427.77, CASE #3294016,
March 29 - April 11, 2013
Boulder County Business Report | www.bcbr.com
|
17A
FOR THE RECORD
3/1/2013.
Broomfield County
LINX ACQUISITIONS LLC, $2986.77,
CASE #3292372, 2/25/2013.
A LURE CO, $0.0, CASE #2756,
2/21/2013.
M FITZ ASSOC INC, $2906.61, CASE
#3290694, 2/19/2013.
BROOMFIELD FUNERAL HOME,
$0.0, CASE #2758, 2/21/2013.
NEW LINE CONSULTING LLC,
$6528.0, CASE #3293678, 2/28/2013.
BROOMFIELD SKILLED NURSING
REH, $0.0, CASE #2757, 2/21/2013.
NHT CORP, $988.65, CASE
#3292815, 2/26/2013.
WARRANTY DEEDS
PILGRIM COMMUNICATIONS
INC, $5782.29, CASE #3291780,
2/22/2013.
Seller: FANNIE MAE
Buyer, Buyer’s Address: MQT HOLDINGS LLC, 1930 EMERALD DR
Address: 12960 PRINCE CT,
BROOMFIELD
Price: $164000
Date Closed: 2/18/2013
PLAZA LATINO, $197.0, CASE
#3293681, 2/28/2013.
PROQUEST LLC, $837.18, CASE
#3291781, 2/22/2013.
RA CATERING INC, $892.67, CASE
#3291239, 2/20/2013.
ROO MANAGEMENT INC, $9894.0,
CASE #3293667, 2/28/2013.
TAX RESOLUTION CENTER
INC, $14012.4, CASE #3291779,
2/22/2013.
TERRAPACT LLC, $728.02, CASE
#3291776, 2/22/2013.
TRI COUNTY GLASS, $449.0, CASE
#3293671, 2/28/2013.
THOMAS J JRVIDAK, $494.63,
CASE #3292122, 2/22/2013.
WOODRUFF LLC, $8771.0, CASE
#3293679, 2/28/2013.
ZAPATERIA CHAVEZ INC, $1196.0,
CASE #3293665, 2/28/2013.
ZAPATERIA CHAVEZ INC, $1206.0,
CASE #3293661, 2/28/2013.
Broomfield County
OSCARS LLC, $2609.0, CASE #3086,
2/28/2013.
PEACE MIND, $3626.0, CASE #3085,
2/28/2013.
WILDERNESS ELECTRICAL
ENT INC, $1164.8, CASE #3004,
2/27/2013.
RELEASE
OF STATE TAX LIENS
Boulder County
BOULDER SPORT SOCIAL
CLUB, $1490.64, CASE #3291377,
2/21/2013.
BROOMFIELD FUNERAL HOME,
$2756.54, CASE #3291774,
2/22/2013.
BROOMFIELD SKILLED NURSING
REH, $15775.12, CASE #3291773,
2/22/2013.
DEMAJ LLC, $1286.8, CASE
#3292125, 2/22/2013.
EARTHEN DESIGN INC, $1178.75,
CASE #3291767, 2/22/2013.
GEN DEN CORP, $481.55, CASE
#3291770, 2/22/2013.
HCPRO INC, $142.23, CASE
#3291769, 2/22/2013.
JENNIFER GREANY LLC, $1174.63,
CASE #3291772, 2/22/2013.
JOHNS CREATIVE ROOFING
INC, $1233.88, CASE #3292124,
2/22/2013.
LEGACY INNOVATION LLC, $0.0,
CASE #3290693, 2/19/2013.
NEWSEASON SERVICES LLC,
$1426.84, CASE #3291771,
2/22/2013.
SWEAT LLC, $1747.86, CASE
#3293647, 2/28/2013.
UNIVERSAL CAPITAL MANAGEMENT I, $3705.97, CASE #3291768,
2/22/2013.
Broomfield County
Seller: ANN MARIE & RYAN A
SONNTAG
Buyer, Buyer’s Address: DANIEL A &
DAWN A COSIO, 3487 WOLVERINE
LOOP
Address: 13300 NIWOT TRL,
BROOMFIELD
Price: $214000
Date Closed: 2/18/2013
Seller: BK AM
Buyer, Buyer’s Address: HUD, 490
ASPEN CT
Address: 490 ASPEN CT, BROOMFIELD
Price: $
Date Closed: 2/18/2013
Seller: STANDARD PACIFIC COLORADO INC
Buyer, Buyer’s Address: JEFFREY J
JIAMPETTI, 4719 RAVEN RUN
Address: 4719 RAVEN RUN,
BROOMFIELD
Price: $315000
Date Closed: 2/19/2013
Seller: FREEDOM MTG CORP
Buyer, Buyer’s Address: HUD, 4284
THORNDYKE PL
Address: 4284 THORNDYKE PL,
BROOMFIELD
Price: $
Date Closed: 2/19/2013
Seller: STATE FARM BANK FSB
Buyer, Buyer’s Address: JOHN A
THIERSCH, 13456 VIA VARRA UNIT
134
Address: 13614 PLASTER CIR,
BROOMFIELD
Price: $260000
Date Closed: 2/19/2013
Seller: GLENN A WILLIAMSON
Buyer, Buyer’s Address: DAVID L &
LENORE J MORTON, 1363 LOCH
LOMOND AVE
Address: 1363 LOCH LOMOND AVE,
BROOMFIELD
Price: $299900
Date Closed: 2/19/2013
Seller: HOUSEHOLD FINANCE
CORP III
Buyer, Buyer’s Address: WILMA I
HERRMANN LIVING TRUST, 1135
COUNTY ROAD 253
Address: 350 KOHL ST, BROOMFIELD
Price: $181000
Date Closed: 2/20/2013
Seller: GERALD E PETERSON
Buyer, Buyer’s Address: RICHARD F
MASON, 16671 ANTERO ST
Address: 16671 ANTERO ST,
BROOMFIELD
Price: $296300
Date Closed: 2/20/2013
Seller: NEW WEST VENTURES INC
Buyer, Buyer’s Address: JASON A
WILLIAMSON, 12435 JULIAN CT
Address: 12435 JULIAN CT, BROOMFIELD
Price: $318000
Date Closed: 2/20/2013
Seller: NICHOLAS D MCAVOY
Buyer, Buyer’s Address: WALTER B
JR & CATHERINE M CHRISTMAS,
26900 E COLFAX AVE LOT 19
Address: 12286 UTICA ST, BROOMFIELD
Price: $247500
Date Closed: 2/20/2013
Seller: ROBERT E & ADRIENNE I
ABBOT
Buyer, Buyer’s Address: CRAIG
OSTERBUR, 4530 W 124TH AVE
Address: 4530 W 124TH AVE,
BROOMFIELD
Price: $265000
Date Closed: 2/20/2013
Seller: PULTE HOME CORP
Buyer, Buyer’s Address: BARRY AND
MARILYN VASBOE TRUST, 15920
VERMILLION WAY
Address: 15920 VERMILLION WAY,
BROOMFIELD
Price: $368600
Date Closed: 2/21/2013
Seller: BRANDON Y & CHANSAMON
TANI
Buyer, Buyer’s Address: TANI FAMILY TRUST, 440 CHESTNUT WAY
Address: 440 CHESTNUT WAY,
BROOMFIELD
Price: $
Date Closed: 2/24/2013
Seller: BK AM
Buyer, Buyer’s Address: HUD, 940
MARBLE ST
Address: 940 MARBLE ST, BROOMFIELD
Price: $
Date Closed: 2/24/2013
Seller: NORMAN E & FRANCES
RUBINSTEIN
Buyer, Buyer’s Address: JANNY
CATHARINE DARBY, 16386 ALIANTE
DR
Address: 16386 ALIANTE DR,
BROOMFIELD
Price: $330000
Date Closed: 2/24/2013
Seller: KRISTY S MARTINEZ
Buyer, Buyer’s Address: LEAH KAYE
EXTEN, 3502 W 125TH DR
Address: 3502 W 125TH DR,
BROOMFIELD
Price: $277500
Date Closed: 2/24/2013
Seller: DOTEN FAMILY TRUST
Buyer, Buyer’s Address: THOMAS
L & STEPHANIE A EASTON, 16643
EOLUS WAY
Address: 16630 ELLINGWOOD DR,
BROOMFIELD
Price: $494000
Date Closed: 2/25/2013
Seller: TODD C ADELMANN
Buyer, Buyer’s Address: ANITA BUDRAITIS, 13817 LEXINGTON PL
Address: 13718 ROCK PT # 102,
BROOMFIELD
Price: $277500
Date Closed: 2/25/2013
Seller: SHROCK STEPHEN A M TRUJILLO
Buyer, Buyer’s Address: MARISA
KAYLEEN & CHAVEZ FRANCISCA
MELENDEZ, 3371 W 134TH AVE
Address: 3371 W 134TH AVE,
BROOMFIELD
Price: $207000
Date Closed: 2/25/2013
Seller: R STEVEN BEACH
Buyer, Buyer’s Address: ELIAS &
JENNIFER DEQUIROZ, 1156 FERN
ST
Address: 1156 FERN ST, BROOMFIELD
Price: $218500
Date Closed: 2/25/2013
Seller: NATIONSTAR MORTGAGE
LLC
Buyer, Buyer’s Address: FEDERAL
NATIONAL MORTGAGE ASSO, MULT
PROP
Address: 3460 BOULDER CIR UNIT
103, BROOMFIELD
Price: $
Date Closed: 2/25/2013
Seller: LISA MARIE RICHARDSON
Buyer, Buyer’s Address: ALLEN L
TING, 1465 S ULSTER ST
Address: 3161 QUEEN CT, BROOMFIELD
Price: $223000
Date Closed: 2/25/2013
Seller: MICHAEL ROBERT SMITH
Buyer, Buyer’s Address: SCOTT
GESICKI, 4851 W 127TH AVE
Address: 2990 W 133RD AVE,
BROOMFIELD
Price: $170000
Date Closed: 2/26/2013
Seller: CHARLES AND KATHLEEN
RUTH LIVI
Buyer, Buyer’s Address: CHARLES S
& KATHLEEN A RUTH, 14184 JARED
CT
Address: 14184 JARED CT, BROOMFIELD
Price: $
Date Closed: 2/26/2013
Seller: MIKE B SHELTON
Buyer, Buyer’s Address: MICHAEL
LEIGHTON, 1995 E COALTON RD
# 87 203
Address: 4922 YATES CIR, BROOMFIELD
Price: $293500
Date Closed: 2/26/2013
Seller: SUNTRUST MORTGAGE INC
Buyer, Buyer’s Address: FEDERAL NATIONAL MORTGAGE ASSO,
14221 DALLAS PKWY STE 1000
Address: 13898 PTARMIGAN DR,
BROOMFIELD
Price: $
Date Closed: 2/26/2013
Seller: ERIC J & SARA M SANDUSKY
Buyer, Buyer’s Address: BRIAN G
CRIBARI, 12580 WOLFF ST
Address: 12580 WOLFF ST, BROOMFIELD
Price: $307000
Date Closed: 2/26/2013
Seller: MICHAEL R BASHER
Buyer, Buyer’s Address: TOMAS
ROBA, 13269 NIWOT TRL
Address: 13269 NIWOT TRL,
BROOMFIELD
Price: $245500
Date Closed: 2/26/2013
Seller: ERIK S & LAUREN E FISHER
Buyer, Buyer’s Address: MOHIT &
SHEENAM JHAMB BHATIA, 14290
LAKEVIEW LN
Address: 14290 LAKEVIEW LN,
BROOMFIELD
Price: $387000
Date Closed: 2/27/2013
Seller: LISA L KATCHKA
Buyer, Buyer’s Address: GARY A &
SHELLEY R PAULSON, 13243 LITTLE
RAVEN WAY
Address: 13243 LITTLE RAVEN WAY,
BROOMFIELD
Price: $358000
Date Closed: 2/27/2013
Seller: JANE C THAU
Buyer, Buyer’s Address: CASEY
ONEILL DAVID, 12961 S PRINCESS
CIR
Address: 12961 S PRINCESS CIR,
BROOMFIELD
Price: $229900
Date Closed: 2/27/2013
Seller: JOSEPH KEITH & EVA M
SARKIALA KESSEL
Buyer, Buyer’s Address: GREGORY
R & EMMA L BAKER, 12655 XAVIER
ST
Address: 12655 XAVIER ST, BROOMFIELD
Price: $295000
Date Closed: 2/27/2013
Seller: MATTHEW K DAVIS
Buyer, Buyer’s Address: CHONG
MING LEE, 5122 BROOKSIDE DR
Address: 5122 BROOKSIDE DR,
BROOMFIELD
Price: $450000
Date Closed: 2/27/2013
Seller: HUD
Buyer, Buyer’s Address: RENEE
SKYLER & JESSIC SWARTZ, 14081
DOWNING ST
Address: 3401 TRAVER DR, BROOMFIELD
Price: $
Date Closed: 2/27/2013
Seller: SUSIE & NEIL SPEER
Buyer, Buyer’s Address: LINDA L
KAHOE, 13732 LEGEND WAY UNIT
101
Address: 13732 LEGEND WAY UNIT
101, BROOMFIELD
Price: $203000
Date Closed: 2/27/2013
Seller: LINDA L KAHOE
Buyer, Buyer’s Address: LINDA L
KAHOE, 13732 LEGEND WAY UNIT
101
Address: 13732 LEGEND WAY UNIT
101, BROOMFIELD
Price: $
Date Closed: 2/27/2013
Seller: PULTE HOME CORP
Buyer, Buyer’s Address: KENNETH
J & PATRICIA A FAGLER, 4566 HOPE
CIR
Address: 4566 HOPE CIR, BROOMFIELD
Price: $426300
Date Closed: 2/27/2013
Seller: HAL T & SHARA L KELTNER
Buyer, Buyer’s Address: CASEY J &
SARAH M LEVINGER, 12537 RIVERA
ST
Address: 12537 RIVERA ST, BROOMFIELD
Price: $310500
Date Closed: 2/27/2013
Seller: HUD
Buyer, Buyer’s Address: NEIL A
SHELTON, 12192 BANNOCK CIR
APT D
Address: 12150 SUNFLOWER ST,
BROOMFIELD
Price: $
Date Closed: 2/27/2013
Seller: TOLL CO I LLC
Buyer, Buyer’s Address: BRUCE D &
BARBARA M DAWSON, 1780 TIVERTON AVE
Address: 1780 TIVERTON AVE,
BROOMFIELD
Price: $655900
Date Closed: 2/28/2013
Seller: RICHARD G & J COLLEEN
THAXTON
Buyer, Buyer’s Address: THOMAS D
& MILDRED A GEE, 1107 E 15TH AVE
Address: 1107 E 15TH AVE, BROOMFIELD
Price: $200000
Date Closed: 2/28/2013
Seller: ALAN A & CANDICE L GREATHOUSE
Buyer, Buyer’s Address: SUSAN K
SANDERS, 5151 SPYGLASS DR
Address: 5151 SPYGLASS DR,
BROOMFIELD
Price: $236900
Date Closed: 2/28/2013
Seller: ROBERT W & RUTH H
EDMONDSON
Buyer, Buyer’s Address: RICHARD
E & KATHYLEEN J DEVINE, 16533
ANTERO CIR
Address: 16533 ANTERO CIR,
BROOMFIELD
Price: $316000
Date Closed: 2/28/2013
Seller: PULTE HOME CORP
Buyer, Buyer’s Address: GLEN J &
MARJORIE A KANE, 4854 FLASH CT
Address: 4854 FLASH CT, BROOMFIELD
Price: $427600
Date Closed: 2/28/2013
Seller: PULTE HOME CORP
Buyer, Buyer’s Address: NANCY J &
RANDY B CASTERLIN, 4560 HOPE
CIR
Address: 4560 HOPE CIR, BROOM-
FIELD
Price: $507300
Date Closed: 2/28/2013
Seller: JOHN L ALCORN
Buyer, Buyer’s Address: MARIANNE
L GRAHAM, 3751 W 136TH AVE UNIT
V2
Address: 3751 W 136TH AVE UNIT
V2, BROOMFIELD
Price: $249000
Date Closed: 2/28/2013
Seller: US BANK NATIONAL ASSOCIATION
Buyer, Buyer’s Address: 555
RESIDENTIAL TRUST, 7105 QUIET
RETREAT CT
Address: 13242 RED DEER TRL,
BROOMFIELD
Price: $155000
Date Closed: 2/28/2013
Seller: AUDRA D BLACKLEDGE
Buyer, Buyer’s Address: LISA &
PAULA GYGER, 1016 OPAL ST UNIT
103
Address: 1016 OPAL ST UNIT 103,
BROOMFIELD
Price: $165000
Date Closed: 2/28/2013
Seller: DAVID A WALTER
Buyer, Buyer’s Address: JACOB D
& MICHELLE L NIE, 3201 W 10TH
AVENUE PL
Address: 3201 W 10TH AVENUE PL,
BROOMFIELD
Price: $218000
Date Closed: 2/28/2013
Seller: DEBORAH J MCCONNELL
Buyer, Buyer’s Address: ROBERT F II
PROVOST, 3538 W 126TH PL
Address: 3538 W 126TH PL,
BROOMFIELD
Price: $250000
Date Closed: 2/28/2013
Seller: JPMORGAN CHASE BK
Buyer, Buyer’s Address: HUD, 1013
ASH ST
Address: 1013 ASH ST, BROOMFIELD
Price: $
Date Closed: 3/3/2013
Seller: KIM STEPHANIE & DAVID N
ELLISON
Buyer, Buyer’s Address: DAVID
KEITH & STEPHANIE KATHRYN
LONG, 13963 STAR CREEK DR
Address: 13963 STAR CREEK DR,
BROOMFIELD
Price: $412500
Date Closed: 3/3/2013
Seller: KIMBERLY FIELDS
Buyer, Buyer’s Address: THOMAS A
DOVER, 535 WYATT DR
Address: 13608 PARKVIEW PL,
BROOMFIELD
Price: $295000
Date Closed: 3/3/2013
Seller: CARL L & VICKI L FOSTER
Buyer, Buyer’s Address: CARL &
VICKI L FOSTER, 1042 LILAC CT
Address: 1042 LILAC CT, BROOMFIELD
Price: $
Date Closed: 3/3/2013
Seller: SPRUCE MEADOWS DEVELOPMENT LTD
Buyer, Buyer’s Address: THOMAS
E & DEBRA K DEAN, 1560 MASTERS CT
Address: 15497 MOUNTAIN VIEW
CIR, BROOMFIELD
Price: $261800
Date Closed: 3/4/2013
Seller: JENNIFER A & ROBERT L
KALISCH
Buyer, Buyer’s Address: JOEL HENDRICKSON, 13900 LAKE SONG LN
UNIT B2
Address: 13900 LAKE SONG LN
UNIT B2, BROOMFIELD
Price: $179900
Date Closed: 3/4/2013º
AWARDS
Boulder-based natural foods company Justin’s Nut Butter LLC won the Natural Products Expo West’s Best of West: Press Award
in Anaheim, California. The new, individually wrapped Dark Chocolate Peanut Butter
Cups swept first place at the 33rd annual
exposition, the industry’s largest event of
the year. Justin’s was one of 2,438 natural
and organic product exhibitors at the show
this year, which attracted more than 63,000
natural industry retailers, distributors, affiliates, consumers and industry professionals.
Louisville-based Jen’s Zen LLC received
the Best New Vegan Product award at
Natural Products Expo West for its Jen’s
Zen Chocolate Sauce, a fudge sauce that
is dairy and gluten-free based on owner
Jen Lane’s family recipe that uses coconut
milk as a base.
Longmont United Hospital received the
Healthyroads Fit Co. Gold Award from American Specialty Health Inc., a national healthservices organization that provides fitness,
exercise and healthy-aging programs, population health solutions and specialty healthcare programs.
Broomfield-based Level 3 Communications Inc. received the 2012 U.S. Growth
Leadership Award from Frost & Sullivan for
dedicated Internet access services. Based
on Frost & Sullivan’s analysis, Level 3 has
grown its market share at industry-leading
rates over the last three years. Level 3 also
was recognized for innovation in online dedicated Internet access service capabilities,
which enable customers and prospects to
easily navigate and streamline their service
experience.
18A
|
March 29 - April 11, 2013
Boulder County Business Report | www.bcbr.com
BUSINESS DIGEST
OPENINGS
Arbor Occupational Medicine, a Boulder-based network founded in 1992,
opened a clinic east of Twin Peaks Mall at
1860 Industrial Circle, Suite D, Longmont.
Drs. Sander Orent and Lori Long, and
certified physician assistant Clint Dillard
are providing service for Longmont-area
employers. Arbor specializes in treatment
and rehabilitation of workplace injuries,
drug screenings, physical examinations
and medical monitoring. Arbor also has
clinics in Boulder, Broomfield and Denver.
terms of the deal were not disclosed.
The advanced polymer technology was
developed by a team led by professor
Christopher Bowman at CU-Boulder. Current dental restoration methods use lightcured polymer materials fitted by a dentist
or oral surgeon. Eventually, the internal
stresses built up within the material by the
curing process cause it to shrink, which
decreases the effectiveness and durability
of the restoration.
Exempla Good Samaritan Medical Center in Lafayette opened an emergency
room just for seniors. The emergency
department includes 10 rooms remodeled
from existing space in the hospital. Hospital staff will receive special training to
help them look at all health issues a senior
patient may be dealing with, not just the
emergency issue for seniors. It includes a
“more quiet and organized” space in the
hospital and nonslip floors, among other
things, said Fred Yates, clinical manager
of emergency and trauma services at the
hospital.
Annual revenue in the smart-grid industry
will grow to $73 billion by 2020, according
to Boulder-based Navigant Research,
a division of Navigant Consulting Inc.’s
global energy practice. The report said
smart-grid technologies still constitute an
immature market but already total $33 billion in annual revenue. A smart grid delivers electricity from suppliers to consumers
using digital technology with two-way
communications to control appliances to
reduce energy consumption. Key drivers
in the sector include the integration of
renewable-energy sources in developed
economies and the reduction of nontechnical losses in less-developed economies.
NAME CHANGES
Clean-tech market research firm Pike
Research LLC in Boulder has rebranded
as Navigant Research. Pike Research,
founded by Clint Wheelock in 2009, was
acquired in July by Chicago-based Navigant Consulting Inc. (NYSE: NCI) for an
undisclosed amount July 1. The team
of analysts in Boulder has expanded its
research focus on other aspects of the
energy industry, working together with
more than 300 new consulting colleagues.
Boulder-based Only Natural Pet Store
LLC has raised nearly $900,000 of a
planned $4 million in an equity offering,
according to a recent regulatory document
filed with the U.S. Securities and Exchange
Commission. The online pet store in August
launched its “I and love and you” brand
of 55 natural pet products into 26 Whole
Foods Market stores in the region. The
product line includes pet food, treats, vitamins and nutritional supplements, grooming care, and flea and tick protection.
The Broomfield Economic Development
Corp. has changed its name to the Northwest Denver Economic Development
Partnership as it works to reorganize and
expand its scope.
The unemployment rate in Boulder County remained steady in January, and the
rate in Broomfield County dropped onetenth of a percentage point, according to
the Colorado Department of Labor and
Employment. The rate in Boulder County
remained at 5.5 percent compared with
December, and was one percentage point
lower than January a year ago. In Broomfield County, the rate dropped from 6.6
percent in December to 6.5 percent in January. The rate was 7.3 percent in January
a year ago. Both counties outperformed
the state, which had a 7.3 percent unemployment rate, down from 7.5 percent in
December. February figures for Colorado
will be released March 29.
BRIEFS
N30 Pharmaceuticals Inc. in Boulder
has administered, in a clinical trial, the
first dose of a drug designed to treat
cystic fibrosis. The drug, labeled N6022,
was administered this week to a patient
at National Jewish Health in Denver. The
primary objective of the study is to evaluate the safety of repeat doses of the drug.
Secondary and exploratory objectives
include the evaluation of N6022’s serum
levels, lung function and other markers of
disease activity in cystic fibrosis. The trial
is being conducted in collaboration with
the Cystic Fibrosis Foundation’s Therapeutics Development Network. The lead
principal investigator for the study is Dr.
Scott Donaldson at The University of North
Carolina-Chapel Hill.
The University of Colorado-Boulder
licensed technology to 3M Co. that promises to improve the performance of materials used in dental fillings and sealants,
dentures and dental implants. Financial
The city of Longmont’s sales- and use-tax
collections increased 10.1 percent in February, compared with the same period a
year ago. Longmont collected $3,935,076
in February, compared with $2,573,058 in
February 2011. The collection in February represents sales made in January.
The sales-tax component of collections
increased by 11 percent from the same
month the year before, and the use-tax
component increased by 4.4 percent.
City lodging-tax revenue increased 18.8
percent, with $19,327 collected in Febru-
ary, compared with $16,268 collected for
the same period a year ago.
The University of Colorado Cancer
Center has been added to the National
Comprehensive Cancer Network, a notfor-profit group of 23 top cancer hospitals. NCCN clinical practice guidelines
in oncology, used as the standard of
care for oncology patients, are developed
through a rigorous review of the evidence
integrated with expert medical judgment
and recommendations by multidisciplinary
panels from NCCN member institutions.
EARNINGS
Longmont-based data-storage firm Dot
Hill Systems Corp. (Nasdaq: HILL) reported a loss of $5 million for the fourth quarter
and a loss of $14.9 million for the year
ended Dec. 31. Dot Hill reported revenue
of $44.1 million for the fourth quarter
compared with $47 million for the same
period a year ago, and revenue of $194.9
million for 2012, compared with $197.5
million for 2011.
Louisville-based Gaiam Inc. (Nasdaq:
GAIA) reported a loss of $12.9 million for
2012 despite ending the year strongly with
revenue of $66.7 million and $1.6 million
in income for the fourth quarter ended
Dec. 31.Gaiam, a producer and marketer
of lifestyle media and fitness accessories,
posted revenue of $202 million for the year,
an increase of 22 percent compared with
$165 million in 2011. The amounts do not
include Gaiam’s subsidiary Real Goods
Solar Inc. (Nasdaq: RSOL).
CONTRACTS
UQM Technologies Inc. in Longmont
signed a three-year contract to supply
South-Carolina-based Proterra Inc. with
electric propulsion systems to power battery-electric buses. Terms of the deal were
not disclosed. The new agreement expands
the volume of systems that UQM will provide
Proterra for its EcoRide BE35 battery-electric buses. Shipments to Proterra under the
agreement are currently under way.
Intelligent Power & Energy Research
Corp. selected Boulder-based Workshop8 to design the interior of its new
office and research space at 4321 Mulligan Drive, Longmont. Joseph Vigil will
serve has project architect and Ulla Lange
will provide interior design services. Narvaes Western Construction will be the
general contractor.
Array BioPharma Inc. (Nasdaq: ARRY) in
Boulder will collaborate with Global Blood
Therapeutics Inc. in San Francisco to
identify small-molecule compounds that
could be used in drugs to treat chronic
blood-based diseases. Terms of the deal
were not disclosed. Array will screen its
library of 300,000 small molecules to identify compounds of certain Global Blood
targets. A target is the naturally existing
cellular or molecular structure that the
drug in development is meant to act on.
Broomfield-based Level 3 Communications Inc. (NYSE: LVLT) is partnering with
VEVO LLC, the developer of streaming
media apps and a website used to deliver
music videos and premium content, in
the launch of VEVO TV, an always-on, TV
broadcast-style music video channel that
delivers 24-hour programming. Level 3 will
provide the content delivery network that
will be used to stream media to computers, mobile devices, televisions and gaming platforms.
USA Ultimate, the nonprofit, Boulderbased national governing body for the
sport of ultimate in the United States,
reached a multiyear agreement with ESPN
for the cable sports networks to carry the
sport’s major events. Financial terms of
the agreement were not disclosed. ESPN
will produce and distribute live coverage
of the sport’s college championships,
U.S. Open and national championships
on ESPN3, which can be viewed on many
cable and satellite systems as well as on
WatchESPN.com, the WatchESPN app
for smartphones and tablets, and through
Xbox Live.
Boulder-based woman-owned company
First RF Corp. s received a contract for
up to $24.9 million over a six-year period
to make and sell radio-frequency antenna
systems to the U.S. military. The U.S. Air
Force Research Laboratory in Rome, New
York, is the contractor. The contract was
made through the Small Business Innovation Research program to research, develop, test, evaluate and deploy advanced
radio frequency systems.
Calgary, Aberta-based Splice Software
Inc. will incorporate Boulder-based Radish Systems LLC’s Choiceview technology into Splice Software’s communication
services. Choiceview allows visual information to be shared during a phone call
made on a smart mobile device. Financial
terms of the partnership were not disclosed.
MERGERS & ACQUISITIONS
Boulder-based ASD Inc. was acquired by
Spectris plc (LSE: SXS) for $14 million.
The acquisition was completed Jan. 31.
ASD becomes Spectris’ NIR Excellence
Center. A contingent consideration of up
to $19 million may become payable to the
sellers, based on achieving growth in sales
targets for the 36-month period ending
Dec. 31, 2015.
Deadline to submit items for Business
Digest is three weeks prior to publication
of each biweekly issue. Mail to Editor,
Boulder County Business Report, 3180
Sterling Circle, Suite 201, Boulder, CO
80301-2338; fax to 303-440-8954; or
email to news@bcbr.com with Business
Digest in the subject line. Photos submitted will not be returned.
PRODUCT UPDATE
Louisville-based Door to Door Organics has added fresh prepared meals to
its menu. The company started providing fresh prepared meals in Kansas City
March 15. Other Door to Door Organics
locations, based in Colorado, Illinois,
Michigan (including delivery into Ohio),
and Pennsylvania (including delivery into
New Jersey and Delaware), will add fresh
prepared meals to their offerings over the
next six to 12 months. Door to Door will be
carrying a rotating assortment of meals,
which serve from three to four people,
including four main dishes for $13.99
each, four side dishes at $11.99 each,
snacks such as kale chips and hummus,
$7.99-$9.99, and a dessert,$12.99 each.
Boulder-based EVOL Foods is offering
several new pasta bowls using chefinspired recipes and real ingredients.
These new product offerings include allnatural and vegetarian Truffle Parmesan
Mac & Cheese as well as a new all-natural
Chipotle Chicken Mac and Cheese bowl.
EVOL also introduced a new, high-protein
Ziti Bolognese bowl featuring a tomato
basil meat sauce with free-range Niman
beef and an all natural Chicken Vegetable
Pasta entree. EVOL recently expanded its
burrito line to offer Plus burritos, which
come with a packet of fresh guacamole,
and a new line of gluten-free burritos.
Boulder-based Zeal Optics launched its
environmentally friendly e-llume lens for
sunglasses. The lens does not contain
crude oil and maintains a clarity value of
38 Abbe. E-llume lenses contain a special
hard coating for scratch resistance, along
with a high transmission polarized film for
increased eye protection from harmful rays.
Boulder-based Fate Brewing Co.
released American Stout, the company’s
first core beer brewed on site. Fate has
four other core style beers that it will
release in the next several days.
March 29 - April 11, 2013
Boulder County Business Report | www.bcbr.com
19A
|
ON THE JOB
BANKING, FINANCE
Boulder-based TeQuity Capital & Communications added Andrew Merinoff, Marcy
Dockery and Michael Dann to its advisory
board. TeQuity invests seed capital, counsel
and service for equity positions in companies. TeQuity is a joint effort of Boulder
companies Metzger Associates and Tiforp
Business Ventures.
Key Equipment Finance in Superior, an
affiliate of KeyCorp. (NYSE: KEY), named
Andrew J. Falcone director, North American rail. Falcone spent 19 years at BTMU
Capital Corp., the last two years as managing
director, Beacon Rail Leasing Inc., and the
previous eight years as managing director,
North American rail. Previously, he worked
for five years in sales and marketing at Gould
Shawmut Inc.
High Plains Bank
named Chris
McVay vice president/location manager in Longmont.
McVay previously
worked with Guaranty Bank in Boulder and Westminster and has nearly
a decade of lending
McVay
experience including commercial, real estate
and small-business loans. He is chairman
of the Metro North Chamber’s Leadership
Program and serves on the Safe Shelter of
St. Vrain’s board of directors. McVay has a
bachelor’s degree in business administration from the University of Colorado’s Leeds
School of Business.
BIOSCIENCE
Boulder-based Array BioPharma Inc. (NASDAQ: ARRY) hired Dr. Michael N. Needle as
chief medical officer. Needle, a board certified hematologist/oncologist, will oversee
clinical development across Array’s pipeline, including its two wholly-owned cancer
drugs, ARRY-520 for multiple myeloma and
ARRY-614 for myelodysplastic syndromes,
as well as collaborate with strategic partners
to advance late-stage programs. Needle
has more than 14 years of pharmaceutical
industry experience in drug development and
regulatory affairs.
EDUCATION
Bixby School, a private school in Boulder,
hired David Stringfield as head of school
effective July 1. Stringfield succeeds Pat
Baker, who is retiring. Baker co-founded the
private school with Harlan “Bart” Bartram
in 1970. Baker served as executive director
and teacher for 43 years. Stringfield has 20
years of elementary
school experience,
during which he
taught preschool
and all elementary
grade levels in addition to serving as
principal at the Yellowstone National
Park School. Most
recently, Stringfield Stringfield
provided professional development and guidance to selected
school principals throughout Montana in his
role as a transformational leader for the state.
LAW
Bloomberg BNA Real Estate Law & Industry
Report, a national
journal, published
an article by Rick
Angel of Angel
Law Offices, a real
estate transaction
law firm with offices in Boulder and
Los Angeles. The
article, “Five Important Issues to Con- Angel
sider when Parties
Negotiate a Lease
Guaranty,” provides practical, bottom-line
advice for both landlords and guarantors. A
copy of the article can be obtained by request
sent to Info@AngelLawOffices.com.
REAL ESTATE
Joel Ripmaster, president and managing
broker with Colorado Landmark Realtors, was a speaker
at the Luxury Portfolio Summit Feb.
24-26 at The Cosmopolitan of Las
Vegas. Participants
were luxury sales
associates and marketing professionals
Ripmaster
affiliated with Luxury
Portfolio International, the luxury face of Leading Real Estate
Companies of the World, an international
network of more than 500 real estate firms.
More than 500 real estate agents and brokers
attended the summit.
Deadline to submit items for On the Job is three
weeks prior to publication of each biweekly
issue. Mail to Editor, Boulder County Business
Report, 3180 Sterling Circle, Suite 201, Boulder,
CO 80301; fax to 303-440-8954; or email to
news@bcbr.com with On the Job in the subject
line. Photos submitted will not be returned.
CALENDAR
APRIL
The Boulder Chamber’s Celebration
of Leadership will be held from 5:30
to 8 p.m. Thursday, April 4, at the Millennium Harvest House Hotel, 1345 28th St.,
Boulder. Innovative executives who shape
the community will be honored. Tickets are
$95 for chamber members and $135 for
others. More information at 303-442-1044
or boulderchamber.com.
4
The University of Colorado Energy Club will
present its fourth annual Energy Frontiers
Conference from 10 a.m. to 5 p.m. Thursday, April 4, in the Glenn Miller Ballroom of
the University Memorial Center on the CUBoulder campus. CU students and experts
from government and industry will focus
on student research and topics including
energy storage and cooperation with China.
David Gardiner, an expert in climate change
and environmental policy, will give a keynote
address at 12:30 p.m., and Michael Potts,
president and chief executive of the Rocky
Mountain Institute, will present a keynote
speech at 1 p.m. Cost is free.
The Broomfield Chamber of Commerce
will present Xhibit After Hours from 4 to 8
p.m., Thursday, April 4, at the Omni Interlocken Resort, Broomfield. Booths of more
than 40 Broomfield Chamber of Commerce
members. The Broomfield Rotary and North
Metro Fire District will be selling raffle tickets
for Whitney’s Way, with the chance to win a
2013 Chevrolet Camaro and other prizes.
Proceeds from the raffle will go to purchase
a service dog for Whitney, a Broomfield
teenager who has unpredictable seizures.
Nonprofit for the event is Meals on Wheels.
$10 admission includes two drink tickets,
appetizers and networking.
6
The Lafayette Urban Renewal
Authority is gathering citizens’ opinions on how the city’s downtown should
be revitalized. The third in the series of
Coffee with Urban Renewal sessions, each
attended by two LURA commissioners,
will be held from 10 to 11 a.m. Saturday,
April 6, at Eats & Sweets, 401 S. Public
Road, Lafayette. More information about the
Downtown Vision is online at cityoflafayette.
com/visionprogress.
11
At The Epicenter presents How to
“B” Successful, The Art & Science
of Building a Sustainable Company, from
5:30 to 7:30 p.m., Thursday, April 11, at
Sterling-Rice Group, 1801 13th St., No. 400,
Boulder. B Corp certification is a platform
for companies that wish to incorporate sustainability into their business culture. B Lab,
the nonprofit behind B Corp, has created
tools for businesses and entrepreneurs to
define goals and measure success with
regard to social and environmental performance, financial accountability, and transparency. Speakers include Andrew Kassoy,
co-founder of B Lab, and Jenn Vervier,
director of sustainability and strategy at New
Belgium Brewery in Fort Collins.
17
The Longmont Area Economic
Council will present its 14th Annual
Cornerstone Awards Luncheon from 11
a.m. to 1 p.m., Wednesday, April 17, at
the Plaza Conference Center, 1850 Industrial Circle, Longmont. The event recognizes
contributions of primary employers in the
Longmont area. Networking and showcase
exhibits at 11 a.m., lunch begins at 11:45
a.m., and the program is from noon to 1
p.m. Cost is $40 per person, corporate
table of eight is $280. Reservations due
Thursday, April 11. For more information
contact Donna Miller at 303-651-0128 or
laec@longmont.org.
The University of Colorado School of Medicine will present a panel discussion on Alternative Practice Models in Primary Care
from 2 to 4 p.m., Wednesday, April 17, at the
Hensel Phelps Auditorium East, Anschutz
Medical Campus, Aurora. Panelists include
Dr. Erika Bliss, Qliance Medical Group of
Washington PC, Dr. Clint Flanagan and Dr.
David Tusek, North Vista Medical Center and
co-founders of Nextera Healthcare, and Dr.
Jim Kennedy, Byers Peak Family Medicine.
R.S.V.P by April 12 to Linda Niebauer at linda.
niegauer@ucdenver.edu or 303-724-9767.
22
The 2012 Heart of Broomfield
Awards and Grants Celebration,
sponsored by the Broomfield Community
Foundation, Broomfield Enterprise, Kaiser
Permanente and Omni Interlocken Resort,
will be held from 5:30 to 7:30 p.m. Monday,
April 22, at the resort, 500 Interlocken Blvd.,
Broomfield. Tickets are $40 per person, $30
for those 60 and older, or $1,000 for a corporate-sponsored table of 10. More information
at 303-469-7208, broomfieldfoundation.org
or Broomfield Community Foundation, P.O.
Box 2040, Broomfield, CO 80038. If registering by mail, please include names of those
attending.
24
The Boulder County Business
Hall of Fame will present its class
of 2013 at an awards luncheon Wednesday,
April 24, at the Plaza Conference Center, 1850 Industrial Circle, Longmont. The
Hall of Fame honors individuals who have
been instrumental, through business-related
efforts, in providing direction, energy and
support to the shaping of Boulder County. Tickets are $55 each and can be purchased online at www.halloffamebiz.com.
To become a sponsor of the 2013 Boulder
County Business Hall of Fame program,
contact Chris Wood at 303-630-1942, email
cwood@bcbr.com, or Kevin Loewen at 303630-1945, email kloewen@bcbr.com.
29
Slow Money, a Boulder-based nonprofit investment group that focuses on food companies, will host its fourth
Slow Money National Gathering in April in
Boulder. The event is scheduled for Monday and Tuesday, April 29-30, and will be
held at four venues: The Boulder Theater,
2032 14th St.; the Event Center at Rembrandt Yard, 1301 Spruce St.; eTown Hall,
1531 Spruce St.; and the Hotel Boulderado,
2115 13th St. The event will feature guest
speakers, a session for entrepreneurs to
make pitches for funding, information on
how to integrate elements of microlending,
philanthropy and crowdsourcing, and an
Entrepreneur of the Year award ceremony.
Registration fees for the two-day vary from
$445 to $945. Investment professionals,
foundation officers and consultants pay
$945; high-net worth angel investors and
accredited investors pay $800; individual
investors, food activists and others pay
$445. For more information or to register
visit online at www.slowmoney.org.
Deadline for Calendar items is three weeks
prior to publication. The weekly events calendar alternates with the monthly events
calendars; each appears once every other
issue. Mail Calendar items to Calendar, Boulder County Business Report, 3180 Sterling
Circle, Suite 201, Boulder, CO 80301-2338
or news@bcbr.com with Calendar as subject.
NONPROFIT NETWORK
GRANTS
The Coalition to Salute America’s Heroes,
based in Leesburg, Virginia, which is dedicated
to rebuilding the lives of severely wounded veterans of the War on Terror, presented a $10,000
grant to the Louisville-based Rocky Mountain
Hyperbaric Association for Brain Injuries.
The grant will fund psychological counseling
to veterans suffering from traumatic brain injury
and post-traumatic stress disorder.
Via, a nonprofit organization in Boulder that
provides transportation and mobility options
in Boulder County, has received grants totaling $154,000. The funds will be used to provide accessible transportation, travel training,
and information and referral for individuals
unable to drive. The funds were awarded
by Rose Community Foundation, $110,000;
Longmont United Hospital, $30,000; Exempla Good Samaritan Medical Center, $10,000;
Collins Foundation Trust, $2,000; and the
Community Foundation Serving Boulder
County, $2,000.
The Power of 3
$1
HEALTH INSURANCE
CONSTRUCTION
Manager provides insights
on health-benefit exchange
3A
Volume 32
Downtown Boulder project
facing planning challenges
11A
Issue 4 | Feb. 15-21, 2013
Visa
for Startup
Another shot
category
Senate sponsors hope new
BY MICHAEL DAVIDSON
mmdavidson@bcbr.com
bill that
WASHINGTON — The
entreprewould make it easier for
to start
neurs from foreign countries
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companies in the United
is back,
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to rally
and its sponsors are looking
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was introThe Startup Visa Act
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can attract foreign entrepreneurs
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Mark Udall,
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$100,000 from investors
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D-Colo., and Jeff Flake,
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in revenue within two years.
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BY MARK WILCOX
mwilcox@wyoming.com
GIS
m a n u fa c t u r i n g
y
nanotechnolog
c
n at u r a l / o r g a n i
outdoors
robotics
o
video/film/audi
will say
JACKSON – Any expert
straight line
no startup marches a
established
to success. There are no
applicable.
and manufacturing sectors
rules that are universally
In-depth guide to high-tech
No formulas.
published by:
Rocky Mountain Tech
resource for businesses
Woodward
move will
Waste alleged in program to provide up space
Internet access to rural Colorado
Not the on market
through a name change/rebranding,
and plenty
expansion, focus shifts
to the point
of networking in getting
Report
Northern Colorado Business
Equality
State yet
Business Report
Northern Colorado
BY MOLLY ARMBRISTER
marmbrister@ncbr.com
by
Rocky Mountain Tech, published of
Inc. into
company
A move by Woodward
BizWest Media LLC, parent
vacating
Report and
new headquarters will mean
the Boulder County Business
of mostly
Report,
up to 337,000 square feet
the Northern Colorado Business anyone
Fort Collins
for
light industrial space in
serves as an excellent resource
changing tech
and Loveland.
interested in the rapidly
of that
Larimer
Just what to do with all
sector of Boulder, Broomfield,
on 76 acres
space — nine buildings
and Weld counties.
of tech
cities, ecoThis publication lists thousands those
— is a question that the
in
and manufacturing companies
nomic development organizations,
focusing on
real estate
counties, along with articles
neighborhood groups and
technology a
tenants
the sub-industries that make
brokers and their prospective
economy.
driver of the Front Range
➤ See Woodward, 22A
mailed Feb.
MICHAEL MYERS
The publication will be
MARK WILCOX
the two newsand video
poetry readings
15 to paid subscribers of
Feb. 16 with music,
in the direcon the road near
sixth president
pauses
BY BILL MCCARTHY
papers and companies listed
as Naropa University’s
entrance to the Allen Ginsberg
largest winter vehicles,
park’s
outside the
the here
will be inaugurated
oneisofseen
purchase Rocky
sitting in a swingalong
Charles G.ALief
into a snowcoach,Lief
the road are not uncomnews@wyoming.com
tory. Nonsubscribers can
BUS – bus converted Buddhist teacher.
THE
passes it by. Such stops
and
shippingMISSED
to mind.
remarks from a renowned
Park as a snowmobiler
5A.
Mountain Tech for $30 plus
traffic in winter, no one seems
in Yellowstone National
in Boulder. See story,
Geyser
buy
orArtemisia
Wyoming
the comparatively minor
Library at the university
Nearly 80 percent of
handling by calling 303-440-4950 and
snowcoach tour, and with
State
bcbr.common during a Yellowstone
women believe the Equality disthe directory only by visiting
Store.
reduce
clicking on the BCBR Data
CONTENTS
should bolster policies to
For the Record ..............................20A
in the
Awards ..........................................22A
crimination against women
Nonprofit Network.........................23A
Broomfield Counties
...................................10A
&
Notes
Bank
Boulder
....................................23A
Job
Serving
On the
workplace.
Journal
BCBRdaily.......................................2A
Boulder County’s Business
Product Update.............................23AAccording to the 2012 Wyoming
Most Wyo women
support stronger
anti-discrimination
options
Yellowstone winter plan opens
winter economies
pass could revive
Private groups, openlandscape
may open to private par-
BY MARK WILCOX
mwilcox@wyoming.com
winter
With a new permanent
approved
plan on the verge of being
winter
this spring, Yellowstone’s
76.9 perBusiness Digest ............................22A
Publisher’s Notebook ....................26A
Women’s Issues Survey,
be permasoon
Calendar........................................21A
....................................24A
may
Estate
believe Wyoming
Real
winter access
cent of respondents
COURTESY OF EAGLE-NET
comes as
Discoveries......................................8A resolved.
.................................19A
this
Smarts
government
Sales But
nently
should “create stronger
again after
been
Editorial .........................................26A
ties of snowmobilers
would reduce
across the state.
news to some who have
good
policies or statutes that
of miles of fiber-optic line
temporary rules
Eye
any
and..................................................3A
years of debate
crews have laid down thousands
affected by the rules requiringpark
EAGLE-Net
workplace gender discrimination.”
the
Council,
banishing them.
party to enter
LISTS
Propertysnowmobile Residential
The Wyoming Business
communities
14
All of the gateway
See Snowmobile,
Firms .......................12A
Engineering Firms .........................14A
➤Management
➤ See Women, 21
relief that
are breathing a sigh of
on the
Republican lawmakers
to compete against comEnergy and
payer dollars
CONTENTS
House Committee on
high-speed
quesBY STEVE LYNN
panies that already sell
Commerce, including Gardner,
Regional Focus
areas.
in ruralReal
broadband
Commercial
tioned officials about EAGLE-Net
very
the Southwest.............................23
hearing in
Estatecompeting for
“They’re
earlier this month in a ....................20
.......7 private
that these
A $100.6
Retail and restaurants
Inc. wider $7.2
Energy the
same customers
Alliance
Washington, D.C., on ...........................31
Business Solutions..........4
Letters
awarded to EAGLE-Net
providers are,” Rep. Cory
stimulus program.
.................30
telecom
broadband
Commentary
stimulus
billion
Hospitality & Tourism
the Business
Online Poll .....................30
as part of the economic
R-Yuma,
................9
Gardner,
No. 1 told
Daily in Review ................2➤ See EAGLE-Net, 2A
who
Amangani
has drawn fire from lawmakers taxReport.
LISTS
question whether it is wasting
Energy
Building fiber networks where
they already exist
Wyoming
Serving slynn@ncbr.com
for breaking news
Visit wyomingbusinessreport.com
million federal grant
Oil and gas awards .........17
Serving Northern Colorado
news
Visit ncbr.com for breaking
Project on
the Poudre
draws fire
BY MOLLY ARMBRISTER
marmbrister@ncbr.com
develFORT COLLINS — The
building
oper of a proposed office
overlook
and restaurant that would
for the
the Poudre River is bracing from
appeal
possibility of a formal
environmentalists.
One,
The project, called Block
faces an important administrative
clears that
hearing March 12. If it
Council
hurdle, it then needs City
➤ See Block One, 19A
Firms ................................................12
Advertising & Public Relations
CONTENTS
Guest Opinion ............. 30A
Busiest Airports ...................................................................................13
Briefcase ..................... 15A
Newsmaker Q&A ......... 11A
Calendar...................... 15A
Real estate
On The Job ................. 17A
Careers........................ 13A
Assessing Stoner &
Online Poll ................... 30A
6A
Daily in Review ..............
Co.’s odds of pulling off
Selling ......................... 11A
For The Record ... 23A-29A
7A
Nine Bridges.
Technology ....................
.................................. 4A
Editor’s Notebook ....... 30A
3A
The Eye .........................
Geek Chic ................... 12A
Technology
Monfort Entrepreneurial
List
Challenge features a
Bioscience Companies .....................................................8A
handful of tech firms ...
5A
20A
|
March 29 - April 11, 2013
BOULDER VALLEY REAL ESTATE WATCH
BOULDER COUNTY BUSINESS REPORT
WWW.BCBR.COM
EXISTING HOME SALES
February 2013 Statistics
Location
Total#
Sold
Inventory
Avg.
Sales
Price
Avg.
Days to
Contract
Boulder
Broomfield
Erie
Lafayette
Longmont
Louisville
Superior
Mountains
Plains
Total
43
15
18
18
69
9
3
16
23
214
207
85
102
57
242
38
15
189
206
1,141
$705,531
$292,420
$374,672
$447,583
$283,389
$447,611
$414,633
$420,202
$682,515
69
63
66
93
51
62
96
143
78
Year-to-Year Comparison
Median
Sales
Price
$654,500
$263,000
$370,000
$412,046
$243,250
$390,000
$459,900
$352,500
$448,500
Total # Sold
Location
02/01/11 - 02/01/12
01/31/11 01/31/13
Boulder
625
Broomfield 358
Erie
242
Lafayette
252
Longmont 839
Louisville
209
Superior
104
Mountains 256
Plains
295
Total
3,180
786
378
336
305
1024
237
168
287
412
3,933
Average Sales Price
%chg
25.8
5.6
38.8
21.0
22.1
13.4
61.5
12.1
39.7
02/01/11 01/31/11
02/01/12
01/31/13
%chg
Average Days to Contract
Location
02/01/11 02/01/12 %chg
01/31/11 01/31/13
Median Sales Price
02/01/11
02/01/12
01/31/11
01/31/13
%chg
$663,282
$356,378
$326,358
$372,614
$246,517
$413,754
$429,240
$399,339
$627,928
$668,775
$361,684
$352,458
$382,602
$259,902
$430,124
$427,675
$417,409
$632,248
0.8
1.5
8.0
2.7
5.4
4.0
(0.4)
4.5
0.7
Boulder
Broomfield
Erie
Lafayette
Longmont
Louisville
Superior
Mountains
Plains
$550,000
$328,900
$305,000
$320,540
$222,900
$380,000
$379,000
$316,000
$460,000
3.6
(2.6)
8.2
10.8
6.1
3.7
8.2
9.8
5.4
88
83
79
86
73
62
62
121
112
75
65
71
58
60
58
43
128
84
(14.8)
(21.7)
(10.1)
(32.6)
(17.8)
(6.5)
(30.6)
5.8
(25.0)
$570,000
$320,500
$330,000
$355,000
$236,500
$394,000
$410,000
$347,000
$485,000
EXISTING CONDO SALES
February 2013 Statistics
Location
Boulder
Broomfield
Erie
Lafayette
Longmont
Louisville
Superior
Mountains
Plains
Total
Total#
Sold
37
2
2
5
19
2
1
0
5
73
Inventory
214
36
9
22
57
8
6
2
14
368
Avg.
Sales
Price
Avg.
Days to
Contract
$346,476
$239,000
$212,750
$214,700
$168,732
$285,512
$227,000
0
$188,100
84
5
74
98
79
28
35
0
57
Year-to-Year Comparison
Median
Sales
Price
$305,000
$239,000
$212,750
$217,500
$164,000
$285,512
$227,000
0
$137,500
Total # Sold
Location
02/01/11 02/01/12
01/31/11 01/31/13
Boulder
552
Broomfield 75
Erie
28
Lafayette
95
Longmont 155
Louisville
35
Superior
19
Mountains
2
Plains
74
Total
1,035
656
80
31
97
231
46
30
2
99
1,272
Average Sales Price
%chg
18.8
6.7
10.7
2.1
49.0
31.4
57.9
0.0
33.8
02/01/11
01/31/11
02/01/12
01/31/13
%chg
Average Days to Contract
Location
02/01/11 02/01/12 %chg
01/31/11 01/31/13
Median Sales Price
02/01/11
02/01/12
01/31/11
01/31/13
%chg
$302,794
$216,059
$175,417
$189,461
$179,193
$195,239
$217,935
$178,450
$208,264
$306,515
$225,476
$186,048
$196,270
$178,671
$225,643
$203,233
$337,500
$193,605
1.2
4.4
6.1
3.6
(0.3)
15.6
(6.7)
89.1
(7.0)
Boulder
Broomfield
Erie
Lafayette
Longmont
Louisville
Superior
Mountains
Plains
$240,000
$202,500
$127,000
$190,000
$165,000
$182,500
$216,000
$178,450
$184,500
8.3
9.9
18.9
3.2
(0.6)
10.4
(16.2)
89.1
(10.6)
156
152
110
86
106
72
67
98
119
92
101
68
64
69
63
40
101
72
(41.0)
(33.6)
(38.2)
(25.6)
(34.9)
(12.5)
(40.3)
3.1
(39.5)
$259,950
$222,450
$151,000
$196,000
$164,000
$201,500
$181,000
$337,500
$165,000
For more information contact: Kenneth Hotard 303.442.3585 • khotard@barastaff.com Datasource: IRES-Information Real Estate Services
Louisville firm plans senior-living complex
BY BUSINESS REPORT STAFF
news@bcbr.com
LOUISVILLE — Balfour Senior
Living, a Louisville-based owner/
operator of senior-living rental
communities, announced it will
build a $74 million senior-living
community in Denver.
Balfour at Riverfront Park will
be located at 15th and Little Raven
streets, near Union Station and
across from Commons Park.
“Colorado has a new generation
of seniors who want to enjoy downtown Denver’s dynamic urban lifestyle,” said Michael Schonbrun,
chief executive and founder of
Balfour Senior Living. “Until now,
seniors have had few options for
upscale downtown living and few
anywhere in the state will offer
what Balfour at Riverfront Park
will provide: an urban lifestyle in
a parklike setting where residents
have easy access to the city’s leading restaurants, cultural events,
entertainment and sports venues.”
T he project originally was
designed by Robert Stern, an
internationally acclaimed architect based in New York City, and
later revised by klipp Architects
of Denver, the architect of record.
The site is adjacent to the Moffat
Train Depot, a landmark historic
building that will be incorporated
into the project. Upon renovation,
COURTESY BALFOUR SENIOR LIVING
Balfour Senior Living, a Louisville-based owner/operator of senior-living rental communities, announced it will build a $74 million senior-living community in Denver. Balfour at Riverfront Park will be located at 15th and Little Raven streets, near Union
Station and across from Commons Park.
the 1,200-square-foot depot will
serve as the Great Room for the
275,000-square foot, five-story
community.
The project will feature:
• 112 independent-living rental
apartment homes, ranging in size
from 600 square feet to 1,600
square feet, with one- and twobedroom units available.
• 65 assisted-living apartment
homes with specially designed dining and outdoor areas.
• A 27 memory-care apartment
home community.
• Condo-style finishes in all the
independent-living apartments
with full kitchens, high-end appliances and bathroom fittings, large
windows and walk-in closets, many
with outdoor terraces, balconies
➤ See Real Estate, 21A
March 29 - April 11, 2013
Boulder County Business Report | www.bcbr.com
REAL ESTATE
|
21A
from 20A
and fireplaces.
• European-style central piazza
with gardens.
• Three dining rooms, each with
a unique dining experience. Also
included will be a bistro/pub, rooftop bar and art studio and several
private dining rooms.
Costs to live at Balfour at Riverfront Park have not yet been
established.
BOULDER
VACANT BUILDING SOLD:
A vacant three-story building in
downtown Boulder that had been
home to a medical-marijuana dispensary has been purchased for $3
million by a local investor.
T he top f loor of the
11,950 -square-foot building at
1327 Spruce St. had housed Top
Shelf Alternatives LLC, a medical-marijuana dispensary, and the
first two floors had been used for
storage. It was owned by Michelle
Sue Tucker of Denver, who had
purchased the building for $3.5
million in 2006. The shop had
won Best of Boulder recognition
in the Colorado Daily in 2010, but
the company was voluntarily dissolved Feb. 25 after a series of court
battles with the city.
Angela Topel of Gibbons-White
Inc. represented the seller, MTLB
LLC, owned by Tucker. Todd
Walsh of The Colorado Group
Inc. represented the buyer, 1327
Spruce St. LLC. Walsh would not
disclose who the principals are
of 1327 Spruce St. LLC. Space is
available for lease in the building,
Walsh said.
The sale closed March 8.
“The building is in good condition and 100 percent vacant at present,” Walsh said. “It’s an excellent
location for expanding government
needs and for companies desiring
prime downtown real estate.”
The first floor could be used for
a restaurant or coffee shop, according to the listing on The Colorado
Group’s website.
FORECLOSURE RATE DIPS:
Boulder County had the lowest
rate of foreclosure sales per household in Colorado during February, according to a report released
Wednesday by the Colorado Division of Housing.
Boulder County had 19 foreclosure sales, or one for every
6,283 households, the report said.
Broomfield County had the second-lowest rate of foreclosure sales
in February: four sales, or one for
every 5,490 households.
Mesa County had the highest
rate of foreclosure sales during
February with one for every 1,022
households per foreclosure sale.
Foreclosure filings in Colorado’s
metropolitan counties were down
43.6 percent during February, falling year over year to the lowest
level recorded in any month since
the Division of Housing began col-
Roosevelt Park Apartments
Housing project going up in downtown Longmont
DOUG STORUM
Construction is under way on the Roosevelt Park Apartments at 600 Longs Peak Ave., between Main and Coffman
streets in downtown Longmont. It is across the street from Roosevelt Park and the Roosevelt office building, which has
a statue of President Theodore Roosevelt on the corner. Longmont-based Burden Inc. is leading the project. Shears,
Adkins and Rockmore of Denver is the architect, and JHL Constructors of Centennial is the general contractor.
FOR THE FIRST TWO MONTHS OF THE YEAR COMBINED,
from January through February, foreclosure filings were
down 34.5 percent in 2013 when compared with the same
period last year. Foreclosure auction sales were down 31 percent over the same period.
lecting monthly totals in 2007.
Foreclosure auction sales in Colorado’s metropolitan counties were
down 41.9 percent in February
compared with February last year,
falling from 1,248 to 725. Over
the same period, foreclosure filings
dropped from 2,056 to 1,160.
For the first two months of
the year combined, from January
through February, foreclosure filings were down 34.5 percent in
2013 when compared with the
same period last year. Foreclosure
auction sales were down 31 percent
over the same period.
Foreclosure filings are the initial
filing that begins the foreclosure
process, and foreclosure auction sales
totals are the number of foreclosures
that have been sold at auction at the
end of the foreclosure process.
“There are few ways to describe
this other than as a big drop-off
in foreclosure filings,” said Ryan
McMaken, an economist for the
Colorado Division of Housing. “It’s
getting easier to sell a house to get
out of trouble. Low mortgage rates
and low inventory continue to be
big factors.”
The full report is available on the
Division of Housing blog: http://
www.divisionofhousing.com/.
LONGMONT
YEAGER FARM: A homebuilder has purchased the remaining
45 undeveloped lots in the Yeager
Farm subdivision in Longmont.
Henry Walker Homes, headquartered in Salt Lake City with
an office in Westminster, will
open a sales trailer this weekend
in the subdivision, located west
of Francis Street on 15th Avenue.
According to Tom Zieske, division president, the company will
build a display home and two more
on speculation. It has three more
homes under contract to be built,
Zieske said, plus reservations for
four other lots and plans for more
awaiting city approval.
Financial terms of the purchase
were not available at presstime.
Harold Yeager and his brothers
bought the farm in 1942. It was
purchased by Leo Simons and John
McCarty for development in 1977,
but remained an undeveloped tract
surrounded by existing northwest
Longmont neighborhoods until
2006, when Markel Homes started
developing it despite some Longmont residents’ insistence that it be
preserved as an island of open space.
Infill was slow as economic
recession hit, however, and today
the development between 14th
and 16th avenues still consists of
a mixture of existing homes and
vacant lots.
“When I first saw this, I was
like, ‘Are you kidding me? This is
a hidden gem,’ “Zieske said. “This
is quintessential infill.”
Lot sizes will vary between
7,000 and 12,000 square feet,
Zieske said, and two models of
one- to two-story houses – the
“Collegian” and the “Metro” – are
planned. A “Collegian” in Yeager
Farm would range from 1,200 to
2,400 finished square feet and sell
for around $300,000, Zieske said,
while a “Metro” could hold 1,500
to 3,200 square feet and sell starting at about $350,000.
The homebuilder already was
active in Firestone and Dacono.
Its portfolio in Colorado and Utah
includes more than 2,500 lots.
22A
|
March 29 - April 11, 2013
OPINION
BOULDER COUNTY BUSINESS REPORT
WWW.BCBR.COM
Hey Congress,
hold real vote
on device tax
I
t’s time for real action, not a symbolic vote.
On one hand, we applaud the
79 U.S. senators who voted March
21 in support of repealing a 2.3 percent tax on sale of medical devices.
But can we have a vote on actually
repealing the measure?
The tax was implemented as
part of the Patient Protection and
Affordable Care Act but has been
controversial because of the heavy
burden it places on an industry that
should be focused on innovation, not
taxation.
The Medical Device Manufacturers Association estimates that the
tax already has cost medical-device
manufacturers — including some in
the Boulder Valley — $388 million
since its implementation Jan. 1, with
estimates that the cost could reach
$30 billion over a decade, threatening 43,000 jobs.
EDITORIAL
Pressure has been building to
repeal the tax, resulting in a nonbinding 79-20 Senate vote to do so.
(Colorado Sens. Mark Udall and
Michael Bennet voted in support
of repeal.) The key word there is
“nonbinding.” The measure essentially allowed senators to express
their support for repeal, without
actually doing so.
Still, some opponents of the
tax were encouraged. “… (O)verwhelming support of the amendment shows that clear majorities
in the Senate and the House of
Representatives recognize that the
medical device tax needs to be
repealed so that America’s medical
technology community can spur
growth and create the great jobs
that come along with it,” Mark
Leahey, president and chief executive of MDMA, said in a statement.
OK, but given that the support
is there, let’s see a vote that actually matters. Congress should find
a way to repeal this onerous tax
before it tosses the medical-device
industry into a tailspin.
After all, symbolism is most
effective when followed by action.
Area downtowns set scene
Business hubs draw
young professionals,
creative workforce
P
etula Clark was right.
Forbes magazine this week
touted Denver and 14 other
cities for their emerging downtowns,
with workers drawn by urban neighborhoods, entertainment and shopping options.
The piece, “Downtowns: What’s
Behind America’s Most Surprising Real Estate Boom,” quoted Lee
Fisher, president of CEOs for Cities,
as saying that “The cities that capture the mobile, college-educated
‘young and restless’ are the ones who
are most likely to revitalize their
downtowns and accelerate economic
progress in their cities.”
Sound familiar? Downtown Denver’s transformation has been dramatic, and impressive. But it’s also a
model that is in prime display in Boulder, where young entrepreneurs and
professionals congregate for entertainment, work and, increasingly, living.
But back to Denver: I covered real
estate at the Denver Business Journal beginning in 1990. I remember
the demolition of the viaducts that
formerly spanned the Central Platte
Valley, and I recall watching as their
removal opened up block after block
BOULDER COUNTY
BUSINESS REPORT
3180 Sterling Circle, Suite 201,
Boulder, Colo. 80301-2338, is
published biweekly by BizWest
Media LLC a Colorado corporation, in Boulder, Colo.
VOLUME 32, ISSUE 8
To advertise or subscribe:
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Fax: 303-440-8954
Online edition: www.BCBR.com
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are copyrighted by BizWest Media with
all rights reserved. Reproduction or use,
without permission, of editorial or graphic content in any manner is prohibited.
of historic warehouses in Lower
Downtown.
Loft projects and retail developments accelerated with the eventual
construction of Coors Field at 20th
and Blake streets. But, not having
worked in Denver since 1995, even I
am amazed when I travel downtown
and see its continued transformation.
What began
in LoDo is now
felt throughout downtown
Denver: “Take
Denver,” the
PUBLISHER'S
Forbes article
NOTEBOOK
states. “Civic and
Christopher Wood
business leaders
began work on
the city’s Lower Downtown neighborhood in 1989 with the issuance of
$240 million in bonds. Today LoDo
is a trendy ‘hood of over 100 restored
Victorian warehouses and buildings
filled with art galleries, boutiques,
local eateries and nightclubs. Now,
Denver is in the midst of a 20-year,
seven-mega project plan to expand the
revitalization efforts through the rest
of the downtown district.”
Not every city, obviously, has seen
the success that Boulder and Denver
have demonstrated, but the Boulder
Valley and Northern Colorado have
some great examples.
• Louisville and Lafayette have
seen a mix of redevelopment and new
projects that have helped fill in the
fabric of the downtown experience.
• Longmont is working on some
ambitious plans for continued
renewal of the downtown core, contributing to a fun and vibrant office,
retail and residential area.
• Loveland has seen some largescale public/private ventures, with
both redevelopment of existing
properties and new construction.
• Fort Collins ranks as a huge
success story, with retail, restaurants, offices and nightlife. The city
now is exploring options for a new
hotel, and Woodward, a high-tech
manufacturer, is considering an area
adjacent to downtown for a new
headquarters.
• Greeley, which has struggled to
build a vibrant downtown, is seeing
some major successes, with new restaurants such as the Greeley Chophouse breathing new life into an area
that has struggled.
Downtowns work, but only with
effort. Denver’s transformation, like
that of Boulder before it, resulted
from planning, creativity, hard work
and investment — none of which
can ever stop.
Christopher Wood can be reached
at 303-440-4950 or via email at
cwood@bcbr.com.
CIRCULATION MANAGER
PUBLISHER
WEB DIRECTOR
Dennis Mohr......................dmohr@bcbr.com
Janet Hatfield ...................jhatfield@bcbr.com
EDITOR
WEB DESIGNER
OFFICE MANAGER
COPY EDITOR
SALES DIRECTOR
CARTOONIST
WRITER
MARKETING MANAGER
CONTRIBUTING PHOTOGRAPHERS
ACCOUNT EXECUTIVES
CONTRIBUTING WRITERS
Christopher Wood ................ cwood@bcbr.com
Doug Storum ..................... dstorum@bcbr.com
Dallas Heltzell.................... dheltzell@bcbr.com
Beth Potter ...........................bpotter@bcbr.com
RESEARCH DIRECTOR
Mariah Gant ....................research@bcbr.com
PRODUCTION DIRECTOR
Dave Thompson ..........dthompson@bcbr.com
Denise Schwartz...............dschwartz@bcbr.com
Kevin Loewen ................. kloewen@bcbr.com
De Dahlgren ....................ddahlgren@bcbr.com
Storm Hostetter............... shostetter@bcbr.com
Dave Thomas ................... dthomas@bcbr.com
Lauren O’Brien ...................lobrien@bcbr.com
Tiffanie Moore ..................frontdesk@ncbr.com
Ron Ruelle
Jonathan Castner, Peter Wayne
Valerie Gleaton, Elizabeth Gold, Heather
McWilliams, Clayton Moore, Jeff Thomas,
Michelle Venus
March 29 - April 11, 2013
Boulder County Business Report | www.bcbr.com
REALITIES
BARON
from 7A
The charity can not only donate to
bonafide, vetted youth-services agencies in Boulder County but also “can
help kids when they can’t,” Schulz
said — whether that means doing the
work itself to locate foster and kinship care, coming up with emergency
funding for an agency or individual,
or providing fun experiences for troubled youths. “Nobody has the budget
for that kind of thing,” he said.
Realities for Children’s office in
the Plaza at Hilltop, 3970 Broadway,
Suite 201E, has just two paid staffers,
Schulz and program manager Kat Stefanski, but scores of volunteers.
In its first year, the organization amassed an operating budget
of $100,000 for the business arm
and $25,000 for the charitable arm,
Schulz said, “and we didn’t even have
a fundraiser.” The goal for the 501 (c)
3 arm this year is $50,000, he said.
“We don’t fund raise in real time,”
he said. “The money we raised last
year, we’ll use this year — except for
the in-kind donations we received,
such as household supplies or sports
tickets. We’ve sent lots of kids to CU
athletics or to see the Boulder Ballet
do ‘The Nutcracker,’ for instance.”
Businesses are offered tiered
memberships with monthly dues of
$75, $150 or $300 — less if paid in
advance for the full year. In return,
Schulz said, they get website links,
networking opportunities, “and we
honor them for doing extra things.”
More details on membership and
events are on the organization’s newly
refurbished website, rfcbcc.org.
“Our job is to promote business
in Boulder County to consumers at
large,” he said. “Boulder County has a
very ethical consumer base.”
The organization also serves as a
“clearinghouse for professionals,”
Schulz said. “We get to have a presence
at fundraising events held by our affiliate agencies, and they agree to include
our businesses in their bidding process.”
Member businesses also can get
visibility at Realities’ annual Hero
Awards Luncheon, to be held at 11
a.m. Thursday, April 25, at the Millennium Harvest House hotel, 1345
28th St., Boulder. The event — which
Schulz took over last year from Sage
Community Partnership, another
youth-services nonprofit he headed —
will recognize three young people who
have overcome obstacles. Two of them
will receive scholarships. The younger
one will get a bicycle, Schulz said.
A big part of Realities for Children’s outreach this year will be to
businesses and business organizations
in Louisville, Lafayette and Longmont, Schulz said. “We want it to be
inclusive, because actually the bulk of
kids that need the services are there.”
Because no Longmont businesses
were members yet, Realities held
a ribbon cutting earlier this month
at the Longmont Area Chamber of
Commerce to promote itself.
|
23A
from 3A
“There are lots of regulations in the
wine business — who you can sell to
and how,” he said. “You have to sell
wines through a distributor, but with
the oils it’s been possible to explore
different ways of reaching out directly
to consumers.”
Regulations for the wine side of the
business don’t permit him to warehouse any of the wines in Colorado
and, as an importer, he’s not allowed
to hold a wholesale license. Giuliani
Direct Olive Oil, however, can utilize
the options of being both an importer
and a distributor and maintain inventory.
In March the company launched
its e-commerce website, www.goliveoil.com, where buyers purchase
the latest crop of olive oil available
or pre-purchase the upcoming crop.
In addition to direct sales through
the website, wholesale orders are
available and placed by chefs and finer
food shops, according to Lewis.
Giuliani Direct Olive Oil maintains a 3,000-square-foot warehouse
space in Denver where inventory is
kept, and oils that are received from
producers in the Mediterranean are
packaged for quantity sales.
Lewis’ brother, Brian, the company’s sole employee, handles logistics
of delivery and distribution.
“Most of the bottles are 500 milliliters because it allows a person to use
the oil in 30 to 60 days,” Lewis said,
describing the timeframe as optimum
Induction Luncheon
April 24
for fresh olive oil taste.
Larger quantities of wholesale
orders are used up within similar
periods. “The Med, for example, buys
220-liter barrels,” he said.
“The most tricky thing is for us to
run out of oil as soon as the new vintage arrives because it will last in the
bottles for 12 to 18 months.”
Warehouse inventory for the 2012
harvest amounted to 500 cases, which
arrived in February. Three hundred
of those cases presold before any of
them arrived.
“Olive oils in grocery stores have
no reference to their harvest date, but
ours are vintage dated,” Lewis said,
“and we only sell current-vintage oil.”
Each case is the equivalent of about
12 500-milliliter bottles, which sell
for $15 to $25 each.
Lewis expects another 500 cases
of the latest vintage to arrive in April.
“We want to sell out in October or
November to get the new vintage out
as soon as it gets here.” The goal is to
sell 1,000 to 1,500 cases this year.
Three-year projections are to sell
10,000 to 15,000 cases.
Lewis self-funded Giuliani Direct
Olive Oil with $22,000 to cover the
first 500 cases of oil and to build the
e-commerce website.
“It was easy and not a lot of investment because I’ve been importing
wines for about 20 years,” he said.
“Adding a bottle of oil here and there
made importing affordable.”
Induction
Luncheon
April 24, 2013
11:30 a.m. -1:30 p.m.
Plaza Conference
Center
1850 Industrial Circle,
Longmont, CO 80501
1A 1A
siness
unty Bu
ulder Co
nual Bo
20th An
L
HALM
E
of FA
f
Class o
2
10, 201
- May
April 27
ION B
SECT
2012
1B - HOF
The Boulder County Business Hall of Fame recognizes
outstanding business leaders from the present and past.
Inductees honored have been instrumental, through
business-related efforts, in providing direction, energy
and support to the shaping of Boulder County since its
inception.
Presenting Sponsor
The Boulder County Business Hall of Fame is a nonprofit corporation, with all proceeds supporting the Hall of Fame and its
programs. Every year, the Hall of Fame donates scholarships to
deserving students at the University of Colorado Leeds School
of Business. In 2012, four scholarships totaling $10,000 were
presented.
Gold Sponsor
B. Scot
Charles
Gene
“Chuck”
Caranci
17th Annual Boulder County Business ´´´´
HALL of FAME
ce
Eric Walla
Nathan
Diane
pson
Thom
Stow
1 Hall of
Fame
Silver Sponsors
Class of 2009
Top row: Jeff Schott, Jerry Lewis and
Richard Herring.
Second row: Lou DellaCava,
Jay Elowsky, William Boettcher.
Third row: Jerry Lee.
nty
Boulder Cou
´´
Business ´´
of A ME
H ALL F
16th Annual
Bronze Sponsors
Boulder Community Hospital
Cain Travel
Exempla Good Samaritan
Medical Center Foundation
FirstMain Street Insurance
High Plains Bank
Horizon Organic Dairy
Kirkland & Company
LJD Enterprises
Longmont Power &
Communications
Prudential Realtors - Ed, Jan
& Keith Kanemoto
Tebo Development Company
Copper Sponsors
Ahlberg Funeral Chapel
BC Services
Boulder Chamber
of Commerce
Smith
Sisk
Kottke & Brantz LLC
Longmont Area Chamber
of Commerce
Longmont United Hospital
Sun Construction & Design
The Campus at Longmont
The Colorado Group
Contact Chris Wood at 303-630-1942 or cwood@bcbr.com for sponsorship information.
May 1 - 14, 2009
SECTION B
100 C 50 M 100 K
8
t.
of 200and
David Wyat
ClassJoan
Brett
,
Platts
Top row:
Harlow C. D. Behrendt.
Peter
Second row:
ermaker,
.
John Fenst Edwin Kanemoto
Third row:
2008
- May 8,
April 25
B
SECTION
COURTESY
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M 100 K
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