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April/May 2011


Skyline_new

Firms from various industry sectors expanding in Metro Denver

Companies representing the cleantech, financial services, aerospace, bioscience, and telecom industries announced expansion plans in the Metro Denver region this past month:

  • SMA America, LLC leased a second facility in the Enterprise Park at Stapleton, signing a 10-year lease for a 148,902-square-foot building in April. SMA is the world leader in solar inverter technology and manufacturing and currently employs nearly 700 people in Denver. 
  • PricewaterhouseCoopers announced the addition of 65 new jobs in Denver with an office relocation in April. The company has leased 40,752 square feet in downtown Denver.
  • Altius Space Machines located its headquarters in Louisville in April. The aerospace company develops reusable orbital transportation through the demonstration and commercialization of critical spaceflight technologies.
  • RingCentral Inc., a San Mateo, CA-based company that sells cloud-based computing phone systems for businesses, expanded in Greenwood Village in April, leasing space in the Denver Tech Center. The company will immediately hire 15 new sales positions, with plans for as many as 100 new hires within a few years.
  • MedPro Imaging Inc., a Wisconsin-based provider of new and refurbished ultrasound solutions, announced in April its expansion in Longmont with a 5,000-square-foot, state-of-the-art ultrasound transducer repair facility. The company will also manufacture turn-key ultrasound transducer repair packages at the facility, which will employ up to 20 people in two years.
  • Mitomics, a world leader in the research and development of molecular tests addressing significant unmet needs in oncology, including those related to prostate, breast, lung and skin cancers, and other disease states, established a state-of-the-art CLIA (Clinical Laboratory Improvement Amendments) laboratory in Aurora in March. 
     

Learn more:

» News and Deals on metrodenver.org

Colorado Space Coalition launches advertising campaign

Aeroadimage In an industry where many projects are "top secret" Colorado is stepping up its efforts to promote the many assets that make it a leading aerospace state: a highly educated workforce, major contractors and suppliers, Department of Defense and NASA research activities, leading research universities, and a significant space-oriented military presence.

Timed to coincide with the recent National Space Symposium, the Colorado Space Coalition (CSC) launched a broad marketing campaign that promotes Colorado as best-positioned to support the United States' leadership role in the global space exploration race.

"We say that we are 'a mile closer to space' because of the workforce that we have and the businesses that have grown up here, along with the federal and military installations that support these industries and are customers of these industries," said Colorado Lt. Gov. Joseph Garcia, co-chair of the Colorado Space Coalition. "We have a head start over most states when it comes to supporting the aerospace industry."

Several leading projects and new developments further propel Colorado as an aerospace heavyweight:

  • Colorado aerospace companies are leading the most notable NASA and commercial space projects including Juno, Orion, Kepler, Maven, Joint Polar Satellite System, GPS OCX, Worldview-3, and several Commercial Crew Development (CCDev) Initiative projects.
  • The Federal Aviation Administration established a Center of Excellence for Commercial Space Transportation, of which CU-Boulder is a core member. The Center brings together government, industry, and academic institutions to focus on commercial human space flight, space commerce, space launch operations and traffic management, and launch vehicle systems.
  • The state of Colorado, the Colorado Association for Manufacturing and Technology, and NASA signed the Space Act Agreement to place a center for innovation and technology--the first of its kind in the United States--in Colorado.

Learn more:

»
CSC website - www.spacecolorado.org
» A Mile Closer to Space - video, ad, and brochure
» Colorado Aerospace Industry Cluster Study

Lt. Gov. Garcia announces education priorities

LtGovWith Colorado's economy at the forefront, Lt. Gov. Joe Garcia announced the state's education priorities as the key to creating a strong, competitive workforce.

"Job creation is the top priority for this administration. We need to create a globally competitive workforce to ensure a strong Colorado economy," said Garcia. "Accomplishing this is no small or simple matter, but it is critical and the most important education goal for this administration."

Unanimously confirmed in April as the executive director of the Department of Higher Education, the Lieutenant Governor is now leading the implementation of a seamless public education system for Colorado's youngest learners through high school graduation and beyond.

Lt. Gov. Garcia will focus on three education priorities for the state: implementation of the Educator Effectiveness Bill, engaging the public in a third grade reading initiative, and advancing higher education. For more information on these priorities, see metrodenver.org.


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DreamChaser

Sierra Nevada wins $80 million NASA award

Sierra Nevada Corporation's (SNC) Space Systems group won an $80 million award in April under NASA's Commercial Crew Development Program (CCDev2) to advance the development of SNC's Dream Chaser Orbital Space Transportation System. The goal of CCDev2 is to accelerate the availability of U.S. commercial crew transportation capabilities and reduce the gap in America's human spaceflight capability.


Interlocken

First quarter real estate stats available

According to CoStar, Metro Denver's office vacancy for first quarter 2011 was 13.9% (14.2% Q1 2010), with an average lease rate of $19.82 ($20.01 Q1 2010). On the industrial side, first quarter 2011 rates average $4.66 per square foot, with a vacancy rate of 6.2%.  

» Real Estate on metrodenver.org


cdot

CDOT's regional transportation projects to total $386 million

According to ENR Mountain States, the Colorado Department of Transportation (CDOT) will have up to 30 active construction projects totaling $386 million in Metro Denver this summer (not including maintenance). Of these projects, 12 are funded by FASTER (Funding Advancement for Surface Transportation & Economic Recovery), which generates $250 million in annual funding for transportation infrastructure and thousands of jobs for Coloradans.


RSF

State's federal laboratories contribute to economy

Colorado's 24 federal laboratories had a $1.5 billion economic impact on the state's economy in 2010, according to a recent study by CU-Boulder's Leeds School of Business. The state's federal laboratories, including centers such as the National Renewable Energy Laboratory and the National Oceanic and Atmospheric Administration, directly support 7,964 jobs.  


Boulder_wellbeing

Boulder ranked as the No. 1 metro area in the 2010 Gallup-Healthways "Well-Being Index," which reflects how metro areas support physical and mental health, healthy behaviors, and other factors central to well-being. Colorado's score on the 2010 index was the fifth highest reported for the states.

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