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WSJ covers Millennials moving to Denver

The Wall Street Journal reported on Millennials moving to Denver

Excerpt:
 
Millennials are flocking to the Mile High City, but it isn’t the nearby ski slopes, microbreweries or urban hiking trails that are attracting them: It's the jobs.

A shared office space called Industry, in the popular River North Art District, stands as an example of the entrepreneurial forces that are luring a flood of young professionals here.
 
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The Daily Meal lists Great Divide among top 50 breweries in U.S.

The Daily Meal pegged Great Divide Brewing Company as 27th on its list of the 50 best breweries in U.S.

Excerpt:

One of the first craft breweries in Denver, Great Divide was on the forefront of the Denver craft brew scene. Not only did they do it first, but they are one of the best, winning a slew of awards in their hometown.  In the beginning founder Brian Dunn was the sole employee, brewing, bottling, and shipping his ales all on his own.

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Forbes says Denver best city for business

Denver is the No. 1 city in the U.S. for business in the Forbes annual rankings for the first time.

Excerpt:

Denver ranks No. 1 for the first time, moving up from a fourth place finish in 2014. The Denver-Aurora-Lakewood metro area, home to 2.8 million people, is attractive for its diverse economy, highly educated labor force and outdoor recreational opportunities. Companies are increasingly choosing Denver as the site for new operations or to relocate.

Panasonic Enterprise Solutions, a new technology and solar energy division of Panasonic North America, selected Denver over 22 cities in December for its primary U.S. innovation and sales hub. The company’s president, Jim Doyle, cited Denver's proximity to nearby universities, Denver International Airport and $1.5 million in incentives for choosing the Mile High City. "It became somewhat of a slam dunk," Doyle told the Denver Business Journal. It is expected to create 330 jobs at an average wage of nearly $90,000.

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eWEEK spotlights ProtectWise

eWEEK covered LoDo-based IT security startup ProtectWise.

Excerpt:

Picture an IT system, then imagine a DVR unit recording everything that happens in that system, so that there's a complete record of all activity as it trudges along each day.

That fictional DVR would be a fair description of Denver-based startup ProtectWise, which exited stealth mode in March following two years of development and has started a lot of talk among industry people for its singular, data science-oriented approach to security.

ProtectWise is, in effect, a time machine; it can go back in time, check to see the events leading up to a data breach or other business issue, and provide a real-time report and clear insight on chains of events as they happen. That information becomes a list of undisputed data points leading back to the source of the hacker attack or other software glitch, enabling administrators to identify back doors, software vulnerabilities -- and the intruder himself, in most cases.

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Williams & Graham named "Best American Cocktail Bar"

Denver's Williams & Graham won the "Best American Cocktail Bar" category in the 2015 Spirited Awards, reported the New Orleans Times-Picayune.

Excerpt:

AMERICAN CATEGORIES
  • American Bartender of the Year: Ivy Mix (Brooklyn)
  • Best American Bar Team: Employees Only (New York)
  • Best American Brand Ambassador: Brooke Arthur (House Spirits)
  • Best American Cocktail Bar: Williams & Graham (Denver)
  • Best American High Volume Cocktail Bar: Employees Only (New York)
  • Best American Hotel Bar: The Broken Shaker (Miami Beach)
  • Best American Restaurant Bar: Eastern Standard Kitchen & Drinks    (Boston)
  • Best New American Cocktail Bar: ABV (San Francisco)
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Denver house-bidding wars covered by WSJ

The Wall Street Journal took a look at bidding wars for homes in Denver.

Excerpt:

Christina and Kevin Dirks have been searching for a house in the Denver area for four months at prices up to $275,000. They made offers on six homes -- and were outbid on each one.

"When we first started looking, you had to pay $10,000 over" list price to win the bidding, Ms. Dirks said. "Then, as the weeks went by, it went up to $20,000. And now it’s up to $30,000 and $40,000."

Ms. Dirks, a 28-year-old office coordinator, said she and her husband, a 30-year-old merchandiser, hope that as the market slows down this winter, "people will put a halt on being so crazy."

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Area Development mag pegs Denver atop national ec-dev list

Area Development magazine placed Denver at the top of its list of U.S. metro areas ranked in terms of sustainable economic development.

Excerpt:

The Denver-Aurora-Broomfield Metropolitan Statistical Area (MSA) in Colorado has a current population of almost 2.7 million. As of January 2015, the unemployment rate in Denver was 4.6 percent, a reflection of the 46,200 jobs the city added in 2014. An additional 45,000 jobs are expected to be created in 2015, representing a 3 percent growth rate. 

All three cities have similar diverse economies, including advanced manufacturing and other high-tech industries like aerospace, telecommunications, biotechnology, and clean energy. The Solar Technology Acceleration Center in Aurora is the largest test facility for solar technologies in the U.S. In fact, metropolitan Denver and the Northern Colorado corridor combined rank sixth in the country for clean-energy employment. 

Denver is also emerging as a financial services center. WorldRemit, a London-based financial services firm, recently announced it would open a North American headquarters and operations center in Denver. "Denver offers the perfect combination of a highly skilled workforce, supportive local authority, and idyllic location," says WorldRemit CEO Ismail Ahmed. "The city is gaining a reputation as a go-to destination for the burgeoning financial-tech sector and stealing the thunder of New York and Silicon Valley."

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Conan premieres Nathaniel Rateliff & The Night Sweats video

Denver's Nathaniel Rateliff & The Night Sweats debuted the band's new "S.O.B." video at Conan O'Brien's Team Coco website.

Video:



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WSJ opens Sean Kenyon's "bartender in a box"

The Wall Street Journal covered Williams & Graham proprietor Sean Kenyon's travel essentials.

Excerpt:

As sole proprietor of Blue Collar Cocktails, a consulting and events venture he launched in 2011 specializing in all things cocktail, Mr. Kenyon estimates he is on the road more than half the year. That might mean a quick trip to Aspen or Chicago for an industry event or a longer excursion to Sydney, Barcelona or Lima, Peru.

Mr. Kenyon's indispensable traveling companion is his rolling Husky Tool Bag. Mr. Kenyon refers to it as his "bartender in a box." He fills the bag with paring knives, an immersion blender, an ice saw, various bitters and whatever else he may need to set up bar just about anywhere. He has created makeshift bars on rooftops and on mountaintops.

He recently had a gig in a train cabin aboard Russia's Trans-Siberian Railway for the 19-hour ride between Krasnoyarsk and Irkutsk. He routinely travels from city to city, demonstrating the craft of the classic American cocktail. Mr. Kenyon's favorite classic to make is the Vieux Carré, a 1930s-era cocktail of whiskey, cognac and other ingredients that traces its origins to the French Quarter of New Orleans.

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CityLab looks at cannabis and energy in Denver

CityLab reported on cannabis and electricity generation and consumption in Denver.

Excerpt:

Charge another social problem to the weed game: It's getting too high on cities' energy supply. At least that's the case in Denver, where the recreational marijuana industry is reportedly sucking up more of the city's electricity than it may have bargained for.

Colorado became the first state to legalize recreational weed use in 2012, and the commercial industry has grown exponentially ever since. But that blooming market has placed a huge burden on the grid that distributes electricity throughout the state, particularly in Denver, where the largest cluster of growing facilities exist. The city's 354 weed-cultivation facilities sucked up 200 million kilowatts of electricity last year, up from 86 million at 351 facilities in 2012, according to The Denver Post.

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WalletHub calls Denver no. 10 city for recreation

WalletHub pegged Denver as the country's no. 10 city for recreation.

Excerpt:

Neighborhood parks are instrumental to building community cohesion, boosting property values, improving public health and reducing pollution. In Washington, for instance, close proximity to a park increases a home’s value by 5 percent. And neighborhood parks in Sacramento, Calif., contribute an estimated savings of nearly $20 million on health care costs.

But the term "parks and recreation" encompasses far more than just park facilities and exercise. In this study, we also consider those whose favorite pastime may be exploring museums, going to concerts or even attending food festivals, all of which contribute to the overall well-being of a city.

To highlight the benefits of public spaces and recreational activities to consumers and the local economy, WalletHub compared the 100 largest U.S. cities across 27 key metrics. In each city, we examined basic costs, the quality of parks, the accessibility of entertainment and recreational facilities as well as the climate. The results, as well as expert commentary and a detailed methodology, can be found below.

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Mental Floss puts Wynkoop Rocky Mountain Oyster Stout on weird beer list

Mental Floss named Wynkoop Brewing Company's Rocky Mountain Oyster Stout to its list of the weirdest things people have brewed beer with.

Excerpt:

The beer, which started off as an April Fool's Day prank, became a reality when some viewers mistook the video for a true advertisement. Wynkoop did a limited edition brew with three bull testicles per barrel, and they kept up the testes-in-cheek humor with their online publicity: "Rocky Mountain Oyster Stout is an assertive, viscous stout with a rich brown/black color, a luscious mouthfeel and deep flavors of chocolate, espresso and nuts." Heh. 

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GlobeSt.com probes Denver development

GlobeSt.com story says Denver office and retail development are lagging.

Excerpt:

"Denver has added jobs over the past several years," he says. "During the recession, they lost 260,000 jobs. Since then they've added 690,000. And we've seen employment growth in a variety of sectors.” Those sectors include healthcare, tech and construction, reflecting a diversity and a move away from the one-horse reliance on oil and gas, as we've reported elsewhere in this series. And, of course, jobs means retail.

The area to watch isn't the hot LoDo district, which Chang says has actually been a CBD focus of growth for years, but the up-and-coming River North, or RiNo area, which is currently transforming a creaky stock of industrial buildings into an artsy neighborhood packed with trendy restaurants.

But retail construction isn't equally hot; in fact Chang describes it as "Paltry. We've been seeing annual construction in the 500,000-square-foot range. To put that into perspective, in 2008 they were pushing three million square feet a year. So we're running about 20% of peak, and it's been that way for a couple of years."

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Architect Magazine reimagines DPAC

Architect Magazine rethought the Denver Performing Arts Complex's architecture in a feature story.

Excerpt:
 
Still, the performing arts center lived up to its initial critical acclaim, both artistically and economically. In the 1980s, as downtown Denver continued to struggle, the complex proved to be a major draw for city dwellers and suburbanites alike. That's still true. In 2013, according to an economic impact study, more than 781,000 patrons attended performances and events at DPAC. Of those, 77 percent came from outside the city. DPAC's total impact on Denver's economy, according to the study, was estimated at $141 million a year.

More than 35 years after it first opened, however, DPAC is showing its age. As the city booms -- since 2000, Denver's downtown population has increased from 7,000 to 19,000, with more on the way -- the complex, though still popular, has become something of an urban design relic. With help from New York-based H3 Hardy Collaboration Architecture, city officials are in the process of reimagining the center. A master plan is due by the end of the year. It's a complicated, politically charged assignment, but if done well, will bring a new center of vitality to downtown Denver.

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Bloomberg wonders where all the middle-class rentals have gone in Denver

Bloomberg Business asked where all the middle-class rentals went in Denver.

Excerpt:

Ryan Dravitz and a roommate shared a spacious apartment in Denver, paying $1,200 a month for 1,200 square feet in a high-rise building a mile from the center of downtown. Then, in 2012, the rental market exploded. The roommate moved out, and Dravitz, 26, moved into a house with four others. His old apartment is now renting for $2,000.

"Luckily, I got engaged recently, so we have a dual income," said Dravitz, a bank teller and freelance writer and editor. Even so, it's unlikely the couple will be able to afford to stay downtown, where rents are rising rapidly, and new rental buildings with such amenities as golf simulators and dog spas are becoming increasingly common.  

Skyrocketing rents and multiple roommates -- these are the kinds of war stories you expect to hear in space-constrained cities such as New York and San Francisco. But the rental crunch has been steadily creeping inland from coastal cities and up the economic ladder.

Read the rest here.
653 Articles | Page: | Show All
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