NoCo News Briefs
August 2018 | July 2018 | June 2018
Colorado a Top 5 State for Business
CNBC.com recently released their report of America's Top States for Business 2018 and Colorado came in at #5. States were evaluated in each of the following categories: workforce, infrastructure, cost of doing business, economy, quality of life, technology and innovation, education, business friendliness, access to capital and cost of living. Colorado's best rankings came in for the workforce, technology and innovation, economy and quality of life. View the complete report at: https://www.cnbc.com/2018/07/10/americas-top-states-for-business-2018.html
BizWest releases 2018 Economic Profile & Market Facts magazine
BizWest recently released their 2018 Economic Profile & Market Facts magazine. The magazine serves as an introduction to the Boulder Valley and Northern Colorado region for those unfamiliar with the area as well as a data resource for business leaders making decisions about future growth. Click here to check out the magazine.
2nd Quarter Market Watch
Information and Real Estate Services (IRES), the Northern Colorado MLS, released the Q2-2018 Market Watch Report. In Weld County, the number of Closed Sales was up 13.8% while the Median Sales Price was up 5.5%, reaching $348,000. The Days on Market (DOM) for listings increased slighly by 1.6%, coming in at 61 days. In Larimer County, the number of Closed Sales was down by 8.0% while the Median Sales Price was up by 8.1%, reaching $410,000. Homes also sold a little more quickly in Larimer County, with the DOM for listings down 9.3% to reach 64 days.
Colorado Tourism hits record numbers
According to a recently released report from the Colorado Tourism Office, the state has experienced an eight-year streak of record-setting growth in visitors, traveler spending and tax generation in 2017. Last year the state had 84.7 million U.S.-based travelers plus almost 1 million international visitors. All-together $20.9 billion was spent, which generated $1.28 billion in state and local tax revenue. For more information check out: https://www.colorado.com/news/colorado-tourism-sets-all-time-records-eighth-consecutive-year.
Children's Hospital Colorado makes Honor Roll
U.S. News & World Report recently released their 2018-19 Best Children's Hospitals Honor Roll and Children's Hospital Colorado made the list. Based out of Aurora, Children's Hospital Colorado is comprised of a network of hospitals and clinics in the state. Clinical data, outcomes and peer reputation were all taken into account. The network's highest rankings came in the following subcategories: neonatology, No. 4; diabetes and endocrinology, No. 7; gastroenterology and GI surgery, No. 7; pulmonology, No. 7; and cancer, No. 8.
Tasting Room opens in Downtown Berthoud
Hale & Bradford Distillery in Berthoud has opened a tasting room along with a retail fly-fishing store. In the tasting room they serve 1-, 2- and 4-year-aged bourbons, barrel-aged and spiced rums, vodka and seasonal fruit brandies. In related news, one of the co-owners will be opening a new restaurant in the historic downtown Oddfellows building. The restaurant will be called Bradford’s and will serve American cuisine. Click here to learn more about downtown Berthoud: https://www.berthoud.org/business
Berthoud population up 74% since 2010 Census
According to data recently released by the U.S. Census Bureau, Berthoud is the fastest-growing community in the Boulder-Northern Colorado region. The U.S. Census Bureau estimates population as of July 1 each year, and as of July 1, 2017 the estimated population of Berthoud was 8,889 - representing a growth of 74.12% since 2010. The one-year growth rate from 2016 to 2017 was also the highest in the region, coming in at 18.69%. Click here to read more about the U.S. Census Bureau results.
Millennial "footprints" greatest in South & West
Milliennials are now the largest adult population in the U.S. The Brookings Institution, a nonprofit public policy organization, recently released a map depicting the range of millennial growth and presence across the nation's 100 largest metropolitan areas. Colorado Springs and Denver are in the Top 10 fastest-growing areas where millennial growth rates exceed 10%. Read the complete Brookings article and view data maps at: https://www.brookings.edu/blog/the-avenue/2018/03/06/millennial-growth-and-footprints-are-greatest-in-the-south-and-west/.
Windsor Mill project moving forward
First built in 1896, the Windsor Mill has become an icon in downtown Windsor. The mill was placed on the National Register of Historic Places and the Colorado State Register in 1998. In 2008, it was severely damaged by a tornado and was closed. In 2016, renovation plans were approved, however, a fire halted development. The mill's story doesn't end here though. Blue Ocean Enterprises recently released design plans for the mill and they have an estimated opening date of September 2019. Check out a more complete history of the Windsor Mill along with project renderings at: https://www.greeleytribune.com/news/blue-ocean-and-windsor-mill-tenants-ready-to-move-forward/.