NoCo News Briefs
December 2018 | November 2018 | October 2018
Three Colorado cities top Brain Concentration Index
Three Colorado communities topped the Bloomberg's national Brain Concentration Index this year. Boulder ranked No. 1, Fort Collins No. 2 and Denver No. 10. The Brain Concentration Index looks at metro areas with a population of 90,000 or more, that have a high concentration of STEM workforce, advanced degree or science and engineering undergraduate degree holders, as well as a strong net business formation. Click here to read the complete report: https://www.bloomberg.com
Colorado MSA's in Top 25 of Most Innovative Cities
24/7 Wall St, a financial news and commentary web site, recently ranked the most innovative Metropolitan Statistical Areas (MSA's) based on data pulled from the U.S. Patent and Trademark Office. Boulder (#4), Fort Collins-Loveland (#18) and Greeley (#25) all made the Top 25. Click here for the complete findings: https://247wallst.com/special-report/2018/10/30/americas-most-innovative-cities-2/
Four front range communities ranked as top job-growing cities
In a special report, 24/7 Wall St. pulled a list of 31 U.S. cities adding the most jobs. Four Colorado communities made the list, in rank order: Greeley (#5), Fort Collins (#11), Denver-Aurora-Lakewood (#25), and Colorado Springs (#27). The findings were based on five-year changes in employment — the number of people employed — at the metro area level. Click here to view the special report: https://247wallst.com/special-report/2018/11/09/31-american-cities-adding-the-most-jobs-ta/
Fort Collins & Denver win $1M prize in U.S. Mayors Challenge
Fort Collins and Denver were both winners in this year’s Bloomberg Philanthropies U.S Mayors Challenge. The challenge is a yearlong competition that encourages city leaders to test innovative ideas to confront tough problems cities face. The city of Fort Collins will use the money to improve health and equity benefits for low- and moderate-income renters by improving energy efficiency of rental homes. View the complete report at: https://www.9news.com/article/news/local/denver-fort-collins-awarded-1m-to-tackle-air-quality-and-housing-issues/73-609253248
Greeley ranked #1 for jobs, economy
WalletHub released their 2018 Fastest-Growing Cities in America report. Greeley ranked in the No. 1 spot in the jobs and economy category. Factors taken into account included median household income growth, unemployment rate decrease, poverty rate decrease, median house price growth, building-permit activity growth and increase in ratio of full-time to part-time jobs. Click here for the full report.
3rd Quarter Market Watch
Information and Real Estate Services (IRES), the Northern Colorado MLS, released the Q3-2018 Market Watch Report. In Weld County, the number of Closed Sales was up 0.6% while the Median Sales Price was up 3.7%, reaching $342,137. The Days on Market (DOM) for listings increased by 12.1%, coming in at 67 days. In Larimer County, the number of Closed Sales was down by 8.7% while the Median Sales Price was up by 10.2%, reaching $407,889. Homes also sold a little more quickly in Larimer County, with the DOM for listings down 8.4% to reach 66 days.
I-25 expansion between Johnstown & Fort Collins
Work is underway on the I-25 expansion between Johnstown and Fort Collins. The I-25 North Express Lanes project will be done in three phases that will result in express lanes in each direction. To learn more about improvements being made to I-25 visit fixnorthi25.com.
Wellington downtown murals project
The Wellington Main Streets Program, a nonprofit organization, recently funded new murals that now adorn buildings in downtown Wellington. The mission of the organization is to promote, enhance and develop downtown Wellington. Committee members are already working with other building owners on ideas for future projects.
Berthoud TPC course to debut pro golf tour
The Web.com Tour recently announced they will debut a new tournament at the TPC Colorado Championship course in Berthoud. The event will be held in July 2019 with 156 players competing for $600,000. The players will be comprised of pro golfers who have not yet reached the PGA tournaments or who have played at the PGA level but haven’t won enough points to stay there. Click here to learn more at TPC Colorado: https://tpc.com/colorado/