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Denver Business Journal
StoryBuilt's real estate project pipeline for sale
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.
Farnsworth Group Acquires Colorado-Based Sterling Design Associates
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.
This Denver school is converting food waste into compost, educating students along the way
A Denver private school is reevaluating its sustainability efforts, starting with food waste. Colorado Academy installed a machine to convert food waste from the 100-acre campus into safe-to-handle compost in roughly 24 hours, depending on the size of the waste. The machine, called an Advanced Thermophilic Aerobic Digester or biodigester,...
See inside downtown Denver's newest apartment conversion (Photos)
A newly converted building in Denver's Golden Triangle neighborhood is now ready for tenants. Denver's Populus hotel celebrates important milestone. Crane Watch: 7 projects bringing more Golden Triangle residences.
Fast-growing Denver compliance startup raises $2M to build digital training library
A fast-growing Denver-based compliance company recently raised $2 million. Founded in 2015, Rethink Compliance provides companies with customizable compliance and ethics training, programs and educational content. It works with businesses of all sizes — from Fortune 100 companies to startups — and across industries.
Bizspotlight
[October 3, 2023 – St. Paul, Minnesota] – Short Elliott Hendrickson Inc. (SEH®), a national employee-owned engineering and architecture firm, announces the acquisition of assets from RAM USA, widely recognized for its groundbreaking patented technology for facility and infrastructure assessment. This pivotal move increases SEH’s service offerings and reinforces SEH’s commitment to leveraging technology for improved facility and infrastructure solutions. RAM USA, now RAM Companies, LLC, will operate as a wholly owned subsidiary of SEH. Recognized as a Jones Lang LaSalle (JLL) Synergy Preferred Supplier in the United States, RAM has been honored twice with the esteemed JLL Supplier of Distinction Award for Innovation. As an SEH company, RAM Companies will offer an extensive suite of assessment, planning, engineering, and architectural services to clients. SEH's CEO David Ott and RAM Companies President Jeff Cacioppo are excited about this collaboration. Ott remarks, “From first becoming aware of RAM, we saw tremendous potential in joining forces. Jeff and his outstanding team have been at the forefront of using technology for more cost effective and sustainable infrastructure solutions for their clients. RAM’s patented technologies stand out in the industry, providing efficient, accurate, and economical roof, pavement, and lighting assessments. By bringing RAM and SEH together, we'll deliver unparalleled value to our clients and provide additional growth and development opportunities for our teams." Echoing the enthusiasm, Cacioppo says, "SEH's legacy of excellence is indisputable. Our clients and staff will reap immediate benefits from this merger. Our specialized assessment capabilities, amplified by SEH's broad planning, engineering, and architectural capabilities, means we're better equipped than ever to tackle our clients' most pressing challenges." In conclusion, Ott shared, "Joining forces sets the stage for a bright future. With the synergy from this acquisition, we're geared to expand our offerings, nurture our people, drive growth, and steadfastly uphold our mission of Building a Better World for All of Us®." More About SEH SEH is an employee-owned, professional services company made up of over 900 engineers, architects, planners, and scientists located nationwide with headquarters in St. Paul, Minnesota. Founded in 1927, SEH serves public and private clients in the buildings, infrastructure, environmental, transportation, and water markets across the United States and several Canadian provinces. The 900+ employee-owners share a common purpose: Building a Better World for All of Us®. www.sehinc.com More About RAM Companies, LLC Established in 2009 in Brunswick, Ohio, RAM Companies is a multidisciplinary firm specializing in the non-destructive detection, investigation, and resolution of water intrusions in multifamily, commercial, industrial, and institutional roofs and pavement. www.ram-usa.com.
New businesses Leads - September 29, 2023
Explore who's new in your city, what they offer and how your business can profit. Use this information sourced from local government offices for insight into new corporate filings, licenses and trade name registrations. Contact us to have a custom Leads search with full data delivered to your inbox weekly.
Renderings reveal vision of new Clayton Lane redevelopment in Cherry Creek North
The project will bring significant multifamily and retail to the form Sears site. New office, retail project proposed in Cherry Creek North. Crane Watch: Office construction takes off in Cherry Creek North. $40 million affordable housing project breaking ground in Arvada.
Thousands of Kaiser Permanente health care workers in Colorado go on strike
Members of the union are calling for higher pay and streamlining of the hiring process. Kaiser Permanente adds new partnerships to reach more of Colorado. As pilots picket in Denver, Southwest CEO says strike unlikely. How CEO Donna Lynne plans to close Denver Health's growing funding gap.
Melrose Legacy Partners is an Entrepreneur-Led Investment Firm
Taylor Garden founded investment firm Melrose Legacy Partners with the sole purpose of acquiring and operating one business for the long-term. After closing on a transaction, Garden would lead the acquired company and dedicate all her energy to building upon the company’s legacy. Melrose is backed by a strong team of seasoned investors and operators. While Melrose is open to exploring opportunities in a wide range of industries, the firm focuses on businesses with recurring revenues, stable cash flows, and annual net income of at least $1.0 million. “I think my approach really resonates with business owners, who are looking to transition away from their business but want to leave their company in good hands. Unlike many other buyers, I offer complete dedication to one company and a long-term time horizon,” Garden said. Garden, who holds an undergraduate degree from Harvard and an MBA from Yale, previously worked as an investment banking analyst at Credit Suisse and a finance manager at footwear brand Stuart Weitzman. Coming from a family of entrepreneurs, Garden has always dreamed of running a company and has deep respect for the grit and determination necessary to build a business. Garden currently lives in Boulder, Colorado with her fiancé, but she is willing to relocate for the right opportunity.
New Denver CEO named as BP shakes up leadership roles
A new CEO has taken over BP’s Denver-based oil production arm after its founding top executive resigned unexpectedly Friday amid broader leadership changes at the British energy giant.<\p> BPX Energy, a brand created in 2018 around BP’s new U.S. business drilling onshore for crude oil and natural gas, is led by new CEO Kyle Koontz, the business’s former chief operating officer, the company confirmed Monday.<\p>
Medical Solutions Earns High Rank on Glassdoor’s Best Places to Work 2023 List
Medical Solutions, one of the largest healthcare talent ecosystems, has been honored with a Glassdoor Employees’ Choice Award recognizing the Best Places to Work 2023. The company sits at number 16 out of 100 total ranked large companies in the United States. To create the list of 100 companies, Glassdoor studied the quality, quantity, and consistency of reviews left on company profiles between October 2021 and October 2022. Companies could not nominate themselves to be considered; the rankings were created from reviews left by current and past employees from each organization. The rankings were generated from those organizations with an overall company rating of at least 3.5 stars on Glassdoor and a workplace factor rating of at least 2.5 stars. Glassdoor found that Medical Solutions boasts a 4.5-star overall company rating and a 4.35-star workplace factor rating. Both ratings took into account more than nine attributes, including career opportunities, compensation and benefits, culture and values, and diversity and inclusion. “To be recognized by Glassdoor as among the Best Places to Work reinforces what we’ve always known, that culture drives organizational success,” said Craig Meier, CEO, Medical Solutions. “We focus on the whole person and through our offerings, programs, and initiatives, we create a welcoming and inclusive environment and inspire our employees to be the best versions of themselves at work and in life. We put people first.” Glassdoor is a global platform allowing employers to host job openings and information while allowing employees to share experiences at their current or previous company anonymously. Glassdoor has presented the Best Places to Work rankings since 2009, with this being the first time Medical Solutions has been included on the list. To learn more about Medical Solutions, please visit medicalsolutions.com. To learn more about job opportunities, please visit thebestjobieverhad.com.
Colorado House Democrats name first-ever all-female leadership trio
In choosing their next House speaker, Colorado House Democrats made history. Have you ever wished you could just spend five minutes with one of Denver Business Journal's editorial staff? Here's your chance to meet up with the editors, reporters, advertising & event staff . Light appetizers & 2 drinks (beer & wine) included.
2022 Colorado Foundations
Information on the List was supplied by individual companies through questionnaires, annual reports and form 990s. Adolph Coors Foundation, American Indian College Fund and Community Foundation Boulder County, ranked Nos. 13, 15 and 20, respectively, on last year's List, did not respond in time for publication.
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