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November 2008
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Gov., business leaders travel to Asia
Ten-day economic development mission focuses on new nonstop flight and increased commerce

Asia_EcoDevo1Colorado business leaders are accompanying Gov. Bill Ritter on an overseas economic development mission to discuss securing a daily nonstop flight from Denver to Tokyo and continuing to cultivate relationships with Asian companies with interests in Colorado.

"Colorado is very focused on building an economy around 21st century, knowledge-based industries of the future," Gov. Ritter told Japan Vice Minister Masahiko Shibayama. "We are making Colorado a regional hub for renewable energy R&D, manufacturing and production, for bioscience advancements, and for technology."

The 40-person delegation departed Colorado Nov. 15 and returns Nov. 25. In addition to Tokyo, delegation members will visit Colorado's Japanese sister-state, Yamagata, as well as Beijing and Shanghai, China.

Japan is Colorado's fourth-largest export market, with 2007 exports to Japan totaling $359 million. Leading 2007 export categories included medical and scientific instruments, up more than 54 percent to $98 million; meat and meat products, up 164 percent to $63 million; and industrial machinery, $55 million.


Learn more:

» Coverage and video on CBS4 Denver
» Int'l Trade and Int'l Flights sections on metrodenver.org
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NREL_campus

NREL plans $500 million 'Campus of the Future'

As the United States and other countries work to transform our energy system, the Department of Energy's National Renewable Energy Laboratory (NREL) is proposing a new $500 million "Campus of the Future" where it will develop new energy technologies, working to get them to the marketplace faster.

NREL, located along the Rocky Mountain foothills in Golden, is the nation's primary laboratory for renewable energy and energy efficiency research and development (R&D). Hundreds of the world's top researchers develop renewable technologies such as wind, solar, biomass, and hydrogen at the Laboratory.

The expansion proposal, which includes the construction of 12 new research buildings and doubling NREL's current workforce to 2,500, is currently before the Department of Energy for consideration. Funding would require Congressional approval.

"The concept of the 'Campus of the Future' is beyond bricks and mortar. It's a place for energy research exchange, where the lab can partner with universities, utilities, and the state of Colorado to champion renewable energy technologies and promote economic development," said Dan Arvizu, director of NREL.

The buildings on the proposed campus would serve as a prototype for future energy programs. The "net-zero-energy" facilities will emit no carbon dioxide and would use only renewable energy produced at NREL. 


Read more:

» 
Energy lab eyes growth - Rocky Mountain News
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Denver celebrates 150th anniversary

150_Year_LogoOn November 22, 1858, Gen. William Larimer, a land speculator from eastern Kansas, placed cottonwood sticks on the hill overlooking the confluence of the South Platte River and Cherry Creek to stake a claim at the center of a square-mile town plat to establish the community of Denver.

Just 10 years later, the construction of the transcontinental rail line linking Cheyenne and Denver was widely credited for making Denver the dominant metropolis of the region.

Now, 150 years later, Metro Denver has a population of nearly 2.8 million people. With a diversified economy, expansive transportation infrastructure, and one of the country's most highly educated workforces, Denver is the center of commerce and industry for the Rocky Mountain West. 

To celebrate its sesquicentennial, Denver Mayor John Hickenlooper will open the Imagine a Great City: Denver at 150 exhibit Nov. 22 at the Colorado History Museum, which highlights the city's beginnings and growth over the past 150 years. The City will also honor 150 people making Denver a better place and host a two-week celebration in November called 15 Days, 150 Years.

Learn more:

» Denver 150 Web site
» 150 Years of Denver photo gallery

 

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4
BioWest brings together industry leaders

More than 700 industry leaders convened November 13-14 in Denver for the sixth annual BioWest Conference and Expo, hosted by the Colorado BioScience Association . In addition to national speakers, BioWest included informative programs, over 50 exhibiting companies, and a new job fair. BioWest also featured the annual Venture Showcase, sponsored in part by the Metro Denver Economic Development Corporation, which brought together six startup companies to make their "pitch" to a panel of national venture capitalists. The $10,000 Dorsey & Whitney Venture Showcase Award was presented to Oberon.

  


5
Reports show positive real estate news

According to Frederick Ross' third quarter office report, while commercial activity across the nation remains sluggish, the Denver office market continues to post above average results, with direct vacancy at 13.1 percent and lease rates at $20.99. 

The third quarter industrial report shows that a combination of strong international, national, and local business, in addition to Denver's role as the distribution center for the Rocky Mountain West, allows the region's industrial market to remain stable despite short-term challenges. 
 




DIA sets another passenger record

A total of 4,017,761 passengers used Denver International Airport in September, a 1.7 percent increase over the 3,951,172 travelers recorded at the facility in the same month last year. It was the first time in the airport's history that the September passenger count exceeded four million, and the 21st straight month in which DIA's traffic set a monthly record.
 


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Culture contributes nearly $1.7 billion to regional economy

According to the 2008 Economic Activity Study of Metro Denver Culture conducted by Deloitte and the Colorado Business Committee for the Arts (CBCA), Denver's arts and cultural community created $1.69 billion in total economic activity in 2007, up 19 percent from 2005.


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Metro Denver's Regional Transportation District (RTD) is the best transit agency in North America for 2008. The award recognizes efficiency and effectiveness in several categories of mass transit operations.
- American Public Transportation Association

This email was sent to: janet.fritz@metrodenver.org

This email was sent by: Metro Denver Economic Development Corporation
1445 Market Street Denver, CO 80202


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