Colorado lawmakers have reached a bipartisan proposal to address rising property taxes that they say will provide near-term relief but also be a sustainable revamping of the state tax structure. Skyrocketing property tax bills and the "complicated math...

A Cleveland-based registered investment advisor (RIA) has added another $321 million to its client assets with the acquisition of a Boulder-based firm. MAI Capital Management has been adding dozens of companies to its roster in recent years, bringing...

With four days left in the legislative session, business groups, the governor’s office, legislative leaders and trial lawyers announced a compromise avoiding a ballot box battle over altering or removing noneconomic damage caps in lawsuits. The groups...

A 24-story office building in downtown Denver recently traded hands not long after facing foreclosure. The new owners of The 410, located at 410 17th St., say they believe in downtown enough to bet on the previously struggling property and acquire...

A law firm with more than 25 locations in the United States, Ireland and Mexico has added a Boulder office to its practice. Boulder-born LaszloLaw said this week that it joined Clark Hill, marking the Detroit-based firm's expansion to a second Colorado...

Kevin Patterson has a reputation around town for being the "fixer." A former Denver school board member who went on to work for John Hickenlooper, Patterson often found himself receiving calls from the former mayor and governor about other departments...

Lockheed Martin has dropped its pursuit of a $606 million deal to buy a company that's a key supplier of small satellites to the defense giant’s Colorado-based space business. The move means Jefferson County-based Lockheed Martin Space is no longer...

Colorado’s busy aviation scene is fueling more funding for a grant program that supports improvement projects throughout the state’s system of airports. Last month, the Colorado Aeronautical Board approved nearly $4.7 million as part of the Colorado...

Here at the Denver Business Journal, we know that company leaders make ensuring the health and happiness of their employees a priority. We also know that doing so isn’t always easy, especially in an ever-changing — and challenging — world. That’s...

Employees for each nominated company were asked to complete Quantum Workplace’s employee engagement survey, which measures 10 key engagement categories. Those include team effectiveness, trust in senior leaders, feeling valued, manager effectiveness,...

Small-business owners are optimistic about their growth prospects as we move toward the midpoint of 2024. <\p> According to a recent WalletHub survey of business owners, more than 60% of small-business owners believe now is a good time to grow. That's despite 64% who believe inflation won’t be coming down soon, and 60% who say their business is in need of financing more than it was a year ago. <\p>

Westerra Credit Union has selected Daniel (DJ) Kutch as its new Chief Financial Officer (CFO). With nearly 25-years of experience in the financial industry - 15 years working in credit unions and an additional 9 years in public accounting – Kutch...

A new restaurant is coming to Denver's Art District on Santa Fe. <\p> Walter’s303 Pizzeria & Publik House fifth location will open at 300 Santa Fe Drive.<\p>

The challenges facing America's downtowns are frequently linked to the staggering amount of empty office space sitting in towers. But another important segment of the downtown revitalization conversation is how to fill a growing amount of vacant retail space in cities across the country.<\p> Once the core shopping hubs of cities and metro areas, downtowns for many retailers have lost favor to more suburban locations, even predating the Covid-19 pandemic, thanks to population and demographic patterns. Even the suburban retail story has faced challenges, though, with U.S. malls posting an average vacancy rate of 8.7% in 2023 — the highest of any retail property type tracked by Jones Lang LaSalle Inc. (NYSE: JLL).<\p>

Denver-based Pax8 laid off less than 5% of its global workforce late last week, the company confirmed with the Denver Business Journal. These layoffs come as an effort for the fast-growing company to better position itself for “long-term success,”...

Country clubs that made it through the leaner years of the Great Recession and the turmoil of the Covid-19 pandemic are expected to see blue skies in 2024 and beyond — and that means waitlists at well-situated clubs will likely remain robust. <\p> Right now, indicators are showing clubs are largely in the driver's seat in 2024 with increased demand and limited supply, according to Chris Davis, a director at Club Benchmarking, which uses club data and evaluations to help them plan for their capital needs.<\p>

Workers are supposed to take vacations to feel energized when they return to their jobs, but a large number of Americans say they dread coming back to work, with many citing a feeling of post-time-off burnout.<\p> According to a survey of 1,000 employed Americans by MyBioSource, a testing and diagnostic reagent supplier, just 13% said they feel excited to return to work after taking time off, while 42% said they dread returning to work after taking time off.<\p>

Endowments at the 100 wealthiest colleges in America fell by an average of 3.3% between 2021 and 2022, but they rose an average of 35% since 2019. <\p> That’s according to a recent Business Journals analysis of data from the U.S. Department of Education.<\p>

The pipeline includes completed and partially completed infill projects in four major markets, and also includes land parcels in various stages of approval. Opportunities abound for real estate investors after this developer fell on hard times.

BLOOMINGTON, IL … October 5, 2023 … Farnsworth Group, a national full-service engineering, architecture, and survey firm, announced today that it has acquired Sterling Design Associates (SDA), a 7-person planning, civil engineering, and landscape architecture firm located in Littleton, CO. The addition of Sterling Design will further complement Farnsworth Group’s civil engineering and planning capabilities in Colorado and introduce landscape architecture to its full-service disciplines in the Western region. “Sterling Design aligns seamlessly with Farnsworth Group’s mission and culture, and we eagerly anticipate the integration of this top talent joining our team,” said Farnsworth Group President & CEO Karen Jensen, PE. “Their track record of delivering exceptional client service, their experienced design team, and their unwavering commitment to a ‘client-first’ philosophy are all qualities that resonate closely with Farnsworth Group.” Sterling Design was established in 1998 and claims a client mix that includes commercial retail centers, restaurants, office/warehouse projects, K-12 education, as well as urban redevelopment, parks and recreation facilities, and military base campus projects. With the resources of Farnsworth Group, Sterling Design will be able to offer its clients a full spectrum of engineering and architectural services while Farnsworth Group benefits from Sterling’s expanded capabilities. “We believe this partnership is a natural fit due to Farnsworth Group's renowned surveying expertise and architecture in Denver, seamlessly complementing our civil and landscape architecture services within the Denver community,” said Wayne Sterling, Sterling Design Associates founder, owner and principal. “We highly value the growth opportunities it presents for our existing team members, and we're confident that the unique skills brought by our seven professionals will make an immediate impact at Farnsworth Group.” Sterling Design will assume the Farnsworth Group name and brand, with employees relocating to the Company’s Denver office location in the Denver Tech Center. About Farnsworth Group Farnsworth Group is an employee-owned full-service engineering, architecture, and survey firm offering clients more than 500 professionals located throughout a nationwide network of offices. Founded in 1890 and headquartered in central Illinois, Farnsworth Group delivers professional services and design solutions to a wide variety of clients and markets, from small and local governments to some of the nation’s most recognized brands. For more information contact: Jeff McCombs, Farnsworth Group, at 1.309.689.9888 or via email at jmccombs@f-w.com.