Category: Real Estate & Construction

Flatiron Park warehouse gets new life in Boulder

Real Deals - Flatiron ParkBOULDER — Construction is under way on a 60,000-square-foot renovation of an old warehouse in Flatiron Park in east Boulder that, when completed, will house employees of Penton’s New Hope Network and Sovrn Holdings, two companies already in Boulder.

The building at 5541 Central Ave., owned by Goff Capital Partners LP, will be called The Loading Dock. Designer OZ Architecture is reusing the former warehouse and a loading dock that will serve as an elevated boardwalk that connects to the indoor office.

New Hope Network, which provides services to businesses in the healthy-lifestyle products industry, will move from its downtown headquarters at 1401 Pearl St. and occupy 30,000 square feet. Tech firm Sovrn Holdings, which helps publishers grow their businesses on the web, will move from 1750 29th St. and will occupy 30,000 square feet. Both firms will be leasing space.

The renovation is incorporating cross-laminated timber, which is made from engineered wood panels laminated together in alternating directions and has the look of heavy, old-growth lumber. Using cross-laminated timber offers waste reduction and environmental benefits because it is sourced using sustainable forestry practices and the boards are precisely pre-cut, which creates less material waste. The pieces arrive organized and numbered, allowing the building to be assembled on site. The primary structure of The Loading Dock will be erected in about a day.

“The look of CLT has captured our imagination because of its inherent beauty and authenticity, as well as the opportunity to provide a built solution that is sustainable and high performing,” said Amanda Johnson, associate principal at OZ Architecture, which has offices in Boulder, Denver and Colorado Springs.

Joe Anastasi, lead designer on the project and associate at OZ, said the design concept is based on both connection and authenticity.

“We wanted to connect to the existing warehouse and outdoor environment architecturally, but more importantly, we had the opportunity to connect to this local fabric in a transformative way,” he said. “The potential for future development in this office park, the community, Colorado and even nationally required a distinctive solution that highlights an honest use of materials, one that exposed the beautiful structure and unique connections and details.”

To help reinforce this physical connection, a large CLT roof element cantilevers over the main entry and informal gathering deck space highlighted by string lighting above.

The project also is incorporating photovoltaic roof panels, and energy-saving mechanical, electrical and plumbing systems.

Boulder-based Quinlan Construction Inc. is the general contractor for the project.

Doug Storum can be reached at 303-630-1951, 970-416-7369 or dstorum@bizwestmedia.com.

New owner to convert former LSI building in Fort Collins

FORT COLLINS — The new owners of an empty 158,000-square-foot building in southeast Fort Collins formerly occupied by chipmaker LSI Corp. plan to convert it to a multitenant office building.

LSI Corp. of Milpitas, Calif., sold the building and the 12.5 acres it sits on at 2001 Danfield Court in the Collindale Industrial Park to 2001 Danfield LLC of Fort Collins for $5.7 million. The entity used by the new owners is registered to Troy Peterson of Fort Collins, according to Secretary of State records.

“This sale is indicative of the growing interest we are seeing in Fort Collins in repurposing older buildings for new and innovative uses,” said Peter Kast, senior vice president with CBRE Group Inc. in Fort Collins, who along with Ham Southworth of CBRE in Palo Alto represented the seller.

Constructed in 1979, the building is equipped for heavy power and includes 10 gigabits per second fiber, a freight elevator, overhead doors and a back-up generator system. The property also has a cafeteria and fitness center.

CBRE Fort Collins was awarded the leasing assignment for the property. Upon completion of the conversion, the building’s new address will be 3405 S. Timberline Road.

LSI Corp. employed about 175 people at 2001 Danfield Court before Avago Technologies Ltd. acquired LSI for $6.6 billion in 2014.

New Hope Network, Sovrn Holdings to move into renovated east Boulder space

BOULDER — Construction is underway on a 60,000-square-foot renovation of and addition to an old warehouse building in Flatiron Park in east Boulder that when completed will house employees of Penton’s New Hope Network and Sovrn Holdings, two companies already in Boulder.

The building at 5541 Central, owned by Goff Capital Partners LP, will be called The Loading Dock. Designer OZ Architecture is reusing the former warehouse and a loading dock that will serve as an elevated boardwalk that connects to the indoor office. OZ Architecture has offices in Boulder, Denver and Colorado Springs.  Boulder-based Quinlan Construction Inc. is the general contractor for the project.

 

New Hope Network, which provides services to businesses in the healthy lifestyle products industry, will move from its downtown headquarters at 1401 Pearl St. and occupy 30,000 square feet. Tech firm Sovrn Holdings, which helps publishers grow their businesses on the Web, will move from its offices at 1750 29th St. and will occupy 30,000 square feet.

An architectural rendering shows a portion of the interior of The Loading Dock. (Courtesy OZ Architecture)

An architectural rendering shows a portion of the interior of The Loading Dock. (Courtesy OZ Architecture)

Both companies will be leasing space.

The renovation is incorporating cross-laminated timber, which is made from engineered wood panels laminated together in alternating directions and has the look of heavy, old-growth lumber. Using cross-laminated timber offers waste reduction and environmental benefits because it is sourced using sustainable forestry practices and the boards are precisely pre-cut, which creates less material waste. The pieces arrive organized and numbered, allowing the building to be assembled on site. The primary structure of The Loading Dock will be erected in approximately one day later this month, according to spokeswoman Cori Keeton Pope.

The project also is incorporating photovoltaic roof panels, and energy-saving mechanical, electrical and plumbing systems.

Editor’s note: Due to inaccurate information initially provided to BizWest, the size of the project and the amount of space New Hope Network and Sovrn Holdings will occupy was corrected June 14.

 

 

Hach Co. to break ground on R&D facility in Loveland

LOVELAND —  Hach Co., a Loveland-based manufacturer of high-tech water-testing equipment, said Monday it will break ground on a multimillion-dollar research and development facility on its existing two-building campus.

The official groundbreaking ceremony is scheduled for 11 a.m. Thursday, June 16, at the future construction site, south of its existing facility at 5600 Lindbergh Drive.

The new building will be approximately 86,000-square feet and it will house work spaces for Hach’s development teams, with multiple testing and development laboratories. All existing research laboratories and facilities will move into the new building, providing associates with the most advanced equipment and resources while creating room to expand and add associate work spaces in the existing buildings.

“Hach has a great history of innovation, and this investment will ensure we continue to develop state-of-the-art new products, attract great talent and maintain our commitment to customers,” Kevin Klau, Hach’s president said in a prepared statement.  “Cliff and Kitty Hach chose Loveland more than 35 years ago to expand their growing business, and it’s exciting to make this investment in light of Hach’s continued growth.”

Hach’s existing Loveland facilities include two buildings with more than 200,000 square feet that are currently used for manufacturing, research and development, marketing, technical support, customer service and other business functions.

More than 750 associates work on the Loveland campus and another 50 are working from leased office space in Fort Collins.  This expansion will offer additional space to support Hach’s near-term and anticipated future growth.

“Our commitment to invest in research and development to support Hach’s continued growth helps enable us to keep delivering on our mission to ensure water quality for people around the world,” Klau said.

 

 

Woodward commemorates completion of first two phases of Lincoln Campus

FORT COLLINS — Woodward Inc., a designer and manufacturer of components for the aerospace and industrial markets, on Tuesday held a ribbon-cutting ceremony to commemorate the completion of the first two phases of its Lincoln Campus in Fort Collins.

The first two phases consist of a 60,000-square-foot headquarters building and a 303,320-square-foot building that houses the company’s industrial turbomachinery systems division. The cost of the two phases totaled about $134 million.

The campus is located at 1041 Woodward Way between East Lincoln Avenue and East Mulberry Street, west of South Lemay Avenue. It occupies the former 101-acre Link-n-Greens golf course.

When built out, the Woodward Technology Center will consist of 660,000 square feet of office and manufacturing space, and is expected to employ up to 1,700 people.

Chicago-based Mortenson Construction, which has a development office in Denver, was the general contractor for the first two phases of the project. The design team on both buildings was led by Dearborn, Mich.-based Ghafari Associates LLC.

Work on the campus began in 2013 and is expected to be completed in 2023.

Woodward’s products are used in fixed-wing and rotorcraft platforms in commercial, business and military aircraft, ground vehicles and other equipment.

Crunch Technologies to move into new digs in July

BOULDER — Crunch Technologies, a Boulder-based startup specializing in contract opto-mechanical and ultra-fast optical design, will move into a new production and development facility in July.

The 1,700-square-foot space at 4699 Nautilus Court, Suite 203, will allow the company to add “in-house opto-mechanical fabrication capabilities to the existing design and maintenance services for the ultra-fast laser community,” said Crunch Technologies founder Benjamin Langdon. “Early 2017 will bring new tools for laser users featuring open-source hardware and software. The new open-source tools will give users a truly global and cross-discipline collaborative platform to develop (Internet of Things) instrumentation.”

He said the company also would add a new ultra-fast laser platform based on simplified, modular designs next year.

Langdon launched Crunch Technologies was launched in August 2014 to serve the academic, national-laboratory and basic research markets.

Jason Kruse and Micah Loeb, brokers at The Colorado Group Inc., handled the transaction.

Louisville engineering firm Roccor moves to Longmont

LONGMONT – Engineering firm Roccor LLC is getting settled in its new Longmont digs after moving last week from Louisville with an eye on significant growth for the rest of 2016.

Roccor cofounder and vice president of technology Will Francis said Tuesday that the 17-person company expects to grow to 25 to 30 employees by the end of the year. And while the company has so far leased 8,500 square feet at 2602 Clover Basin Drive, he said Roccor could be adding more space in the building sometime in the next three months.

Roccor had been sharing about 6,000 square feet of space in the Colorado Technology Center with Solid Power. Francis said the move to Longmont not only provided convenience for several Roccor employees who live in the city but also more affordable real estate for the growing company.

“(The added space) is definitely needed,” Francis said.

The space at 2602 Clover Basin had previously been occupied by ABSL Space Products, which was acquired by Enersys Advanced Systems in 2011 and relocated within Longmont. The space already included a clean room where Roccor will be able to assemble flight hardware for satellites.

Founded in 2011, Roccor’s aerospace products include deployable structures for satellites, including solar arrays, antennas and booms. The company, which merged earlier this year with another former Louisville firm, ITC Solutions, also has a division focused on thermal management products that are primarily in the research and development phase.

Francis said Roccor, which licenses much of its intellectual property from the U.S. Air Force, has contracts for $5 million in work lined up so far for 2016.

The Longmont Economic Development Partnership announced Roccor’s move Tuesday. Francis said the company did not receive incentives from the city of Longmont to make the move.

“We worked closely with the Longmont Economic Development Partnership as part of our relocation effort and look forward to making Longmont our home for many years to come,” Roccor CEO Douglas Campbell said in a press release.

BizWest 500 highlights largest, fastest-growing companies

Purchase this new publication by clicking BizWest 500. For a preview of the content, here’s the first page.

Welcome to the BizWest 500, an ambitious undertaking that highlights the largest or fastest-growing companies throughout the Boulder Valley and Northern Colorado (and the highest-paid executives).

This special edition of BizWest aggregates content that previously had been published over a span of many months, but it also represents a dramatic increase in the data that we publish on the region’s largest private- and public-sector employers.

In these pages, you’ll find:

• The Mercury 100 list of the fastest-growing private companies in the Boulder Valley, along with five profiles of interesting companies on the list.

• The Mercury 100 list of the fastest-growing private companies in Northern Colorado, along with five profiles of interesting companies on the list.

• A list of the Top 25 highest-paid executives of public companies.

• A list of the 50 largest public-sector employers, including municipalities, counties, universities, federal laboratories, etc.

• A vastly expanded list of the region’s largest employers — 200 companies listed, compared with 50 published last year.

• A list of the largest publicly traded companies based in our region. (We’ve stretched this a bit, opting to include a handful of companies that have shifted their headquarters to the Denver area or other nearby cities, but which retain a significant presence in our region.)

All told, these lists represent the largest number of ranked lists we’ve ever published in one issue, outside of our annual Book of Lists publication.

Most companies cited in these lists responded to our surveys. Others are included based on BizWest estimates, reports by economic-development agencies, news accounts or other sources. Data for the public companies and highest-paid executives lists came entirely from the U.S. Securities and Exchange Commission.

This endeavor represents many months of work by our staff, especially our chief researcher, Chad Collins. As with any undertaking of this magnitude, errors and omissions are likely. In particular, our lists of the largest private-sector and public-sector employers will continue to be refined and expanded. If you’d like to see your company included — or if you spot a mistake or other omission — please contact Chad at ccollins@bizwestmedia.com.

It should be noted that we’ve opted to include aggregated numbers for some employers, such as major health systems, as well as numbers for some of their constituent institutions, i.e., a hospital within the system.

If you have a suggestion for the BizWest 500 next year, please feel free to contact me at the number below.

Christopher Wood can be reached at 303-630-1942, 970-232-3133 or cwood@bizwestmedia.com.

Comcast targeting 1Q 2017 opening for 600-person call center

FORT COLLINS — Officials for cable broadband services provider Comcast said on Thursday that they plan to begin hiring for a new 600-worker Fort Collins customer service center in the third or fourth quarter of the year, with a grand opening targeted for the first quarter of next year.

Comcast officially unveiled its plans in a ceremony at Galvanize’s Fort Collins campus after initially confirming they’d be opening the facility on Tuesday.

Comcast is leasing 80,000 square feet of vacant space at tech giant Hewlett-Packard’s campus, 3420 E. Harmony Road, and hopes to have most of the 600-plus positions filled when the call center opens. Rich Jennings, senior vice president for Comcast’s mountain-west region, told the crowd Thursday that the company is working on significant upgrades to the facility now, including an onsite gym and extensive training spaces.

“We want it to be fresh, we want it to be slick, modern,” Jennings said. “We want to attract great talent.”

Although Comcast hadn’t been identified publicly as the applicant at the time, the Colorado Economic Development Commission in January approved more than $8.1 million in tax-credit incentives for Comcast to locate the facility in Fort Collins and hire up to 635 employees at an average annual wage of $44,421, equal to or slightly higher than the average for Larimer County. Comcast had also been considering New Mexico and Arizona for the facility.

The new facility is part of a broader initiative launched by Comcast last year to add 5,500 customer-service employees in coming years. New call centers have already opened in Spokane, Wash.; Tucson, Ariz.; and Albuquerque, N.M., with another opening soon in Charleston, S.C. The Fort Collins center will serve residential and business customers from all over the United States, primarily with technical repair and billing support.

With the Larimer County unemployment rate hovering around 3 percent in recent months, Jennings acknowledged that the call center will likely draw employees from the Northern Colorado region as a whole. But he and other Comcast officials said Fort Collins was chosen specifically for its talented workforce and quality of life. They also noted that the call center could provide job opportunities for Colorado State University students and military veterans.

“Our hope is that we can stay right here and focus on (Fort Collins) for these jobs,” Jennings said.

Jonita LeRoy, senior information technology economic development representative for the state of Colorado, said the impact of the site should go far beyond the office walls, noting that tech-based jobs tend to have a higher multiplier effect on the indirect economic impact of a jobsite.

City of Fort Collins officials also heralded Comcast’s plan as a win for the city.

Fort Collins did not offer Comcast incentives. But Josh Birks, economic health director for the city, said the city worked with state officials to manage site request responses from the state and helped facilitate site visits.

While the jobs don’t carry the flashy wage figures that, say, an engineering facility might, both Mayor Wade Troxell and Birks said it’s important for the city to create economic opportunities for a wide variety of citizens. Birks said the Comcast jobs pay well for someone who might not have a lot of work experience or a college degree, and can also serve as a stepping stone to a degree or other opportunities.

“We made a commitment in 2015 to make sure economic activity is spread across education and income levels,” Birks said.

Mercury 100 event to honor Boulder Valley’s fastest-growing companies

LAFAYETTE – Tickets are on sale for Mercury 100 Boulder Valley, an annual event presented by BizWest that recognizes the fastest-growing private companies in Boulder and Broomfield counties.

The Boulder Valley Mercury 100 list is ranked by percentage revenue growth over a two-year  period. Up until last year, the list was divided into two “flights” of 50 companies each. Beginning in 2015, however, the Mercury 100 has been divided into five flights of 20 each, with the highest revenue earners in Flight I. Those 20 companies then are ranked by their percentage revenue growth from 2013 to 2015. The lists are compiled by BizWest’s research department and vetted by Anton Collins Mitchell.

The top five companies in each flight will be introduced during the event, and representatives of most of the 100 companies will be in attendance.

This year’s event — including the recognition ceremony, hors d’oeuvres, cocktails and opportunities for networking — will be held beginning at 5:30 p.m. Wednesday, May 25, at the Lionsgate Event Center, 1055 S. 112th St. in Lafayette. Tickets can be purchased online at for $49 until Monday, May 23, or until they’re sold out. If seats remain available the evening of the event, they’ll sell for $59 at the door.

Sponsors include Anton Collins Mitchell, First National Bank, Three Leaf Concepts, Lionsgate
Event Center, Centennial Bank and Trust, Boulder Blooms, Daylight Productions and Rentals, Foothills United Way, RSM U.S. LLP, SurveyGizmo, GrafXGroup, RSM, Wyatt’s Wet Goods and the Left Hand, Avery and Oskar Blues breweries.