February 29th, 2012
A Denver franchise opportunity for Southern Hospitality, a restaurant concept co-created by Justin Timberlake, will be presented at an upcoming investment conference in Colorado Springs, organizers say. The franchise opportunity will be presented at the “Spring 2012 Micro Cap Investment Conference” on March 15-16 at The Broadmoor, according to the conference’s organizer, Accredited Members Inc., a Colorado Springs-based investment research company. Accredited Members said it is involved in a plan to open 30 Southern Hospitality locations in various cities, starting with Denver…
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February 29th, 2012
Some very early adopters are about to get an exciting piece of mail: A Lytro camera. The Mountain View company announced today that it has begun shipping its first cameras, which capture the entire field of light in an image and can be focused and re-focused after the image is taken. “They’re hitting porches and mailboxes everywhere right now,” said Patrick Chung, a board member at Lytro and a partner at Menlo Park venture capital firm NEA, which led Lytro’s $50 million funding round last year…
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February 29th, 2012
The largest travel agency in the Denver area increased business in Colorado by nearly 40 percent in 2011 and added 15 employees, its president said Wednesday. Christopherson Business Travel saw such growth despite the fact that the number of ticket transactions nationally fell by 2.1 percent last year, president Mike Cameron noted. Christopherson, which is headquartered in Salt Lake City, purchased Andavo Travel in March 2010. Seventy-seven of its 248 companywide employees are located at its Greenwood Village office…
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February 29th, 2012
Macys.com, one of San Francisco’s fastest growing technology tenants, has leased 250,000 square feet at 680 Folsom St. in the South of Market, the latest in a series of mega-leases that provides bricks-and-mortar evidence of the city’s dramatic economic recovery. San Francisco Mayor Ed Lee is expected to announce the lease at a press conference Thursday morning. The deal is the second largest lease of the year in San Francisco, trailing only Salesforce's 400,000 square foot deal at 50 Fremont St…
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February 29th, 2012
After a back-and-forth 24 hours, a compromise bill that orders a study of Colorado’s enterprise zone program flew through a House of Representatives committee Wednesday, while two bills that would have capped the amount that companies receive in tax credits died at the hands of the same legislators. All of which made observers want to say: What took so long? House Bill 1241 — sponsored by House Minority Leader Mark Ferrandino, D-Denver — originally tightened the qualifications for an area to be designated an enterprise zone, a law change that would have eliminated the tax-benefit status of most of the rural enterprise zones in Colorado…
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February 29th, 2012
The joint venture team of Ames/Granite will design and build the $310 million overhaul and expansion of 10 miles of U.S. 36 between Federal Boulevard and the 88th Street interchange, the Colorado Department of Transportation announced Wednesday. The Ames/Granite team will begin construction in summer 2012 and open the new lanes by Dec. 31, 2014, six months ahead of the date CDOT had requested, according to the announcement. The lanes will be for buses and carpoolers as well as solo drivers willing to pay a toll, “We had some of the best teams in the country competing for this project,” said John Schwab, CDOT’s project director…
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February 29th, 2012
Spam, one of the most popular food items in Hawaii, is getting its own “spokescharacter,” Hormel Foods Corp. said Wednesday. “Sir Can-A-Lot” is being introduced to coincide with the 75th anniversary of Spam products, Hormel said in a statement. “The introduction of Sir Can-A-Lot provides an engaging presence that highlights the playful and down-to-earth personality that makes the Spam brand both unique and timeless,” Nicole L. Behne, product manager of Spam family of products at Hormel, said in a statement…
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February 29th, 2012
The University of Louisville will hire former KFC Yum! Center general manager Ted Nicholson on a temporary basis to help manage the upcoming NCAA men’s basketball tournament games that will be held at the downtown arena next month. Kentucky State Fair Board chairman Ron Carmicle made that announcement in a news release issued this evening. Nicholson was fired Monday by embattled fair board president and CEO Harold Workman. No reason was given for Nicholson’s termination. Carmicle called for Nicholson’s reinstatement Tuesday, but Workman has taken no action…
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February 29th, 2012
A group of about 30 protesters marched through the lobby of the 1700 Broadway building in downtown Denver Wednesday afternoon, banging handmade drums and protesting Wells Fargo & Co. and the bank’s involvement with the American Legislative Exchange Council (ALEC). The protesters said they were members of the Occupy movement, as well as MoveOn.org and other progressive organizations. They were quickly escorted out of the building by police and security guards, but held a quick rally near doors on the Lincoln Street side of the building…
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February 29th, 2012
So what was the tentative deal that the city of Sacramento struck to keep the Sacramento Kings in town? The financial framework, Sacramento City Hall officials said Wednesday, calls for $73.25 million up-front from the Maloofs with the Kings as the anchor tenant. Global venue operator AEG would contribute $58.75 million and the city would chip in $255.53 million from parking assets and the sale of city-owned land. In addition, the city will lead a community fundraising campaign to collect $3 million in donations for such things as engraved bricks…
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