Denver Incubator to Build More Campuses

July 23, 2014 Leave a comment

     Galvanize, a Denver company that is dedicated to providing incubator space for start-ups, has announced plans to build additional offices in both Colorado and California.

     The company, which was started in the fall of 2012, currently has two sites in Denver: a 4-story, 78,000, square foot structure it built last year at 1644 Platte Street on the northwest side of the city, and a 30,000 square foot space in a historic building it renovated in downtown Denver.

     Galvanize sites are designed to encourage conversations and connections between entrepreneurs and both mentors and investors. The sites house conference rooms, work stations, open work space, and even phone booths.

     As part of its expansion effort, Galvanize earlier this year raised some $18 million in backing.

     The locations of the new Galvanize sites have not yet been announced.

 

By Garry Boulard

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Revitalization of Vacant Albuquerque Site to be Joint County, City Project

July 23, 2014 Leave a comment

     A nearly 5-acre site at 3525 Fourth Street NW in Albuquerque may be redeveloped into a residential or mixed-use property.

     Members of the Bernalillo County Commission have voted to approve $200,000 for revitalizing the property, which runs all the way to Seventh Street and includes a one-story strip mall-style building built in the early 1950s.

     The project, which has also received $1.2 million in city backing, will first see the demolition of all structures on the property before any move is made to redevelopment the site.

     City money for the project is coming from Workforce Housing Trust Funds: funded bonds issued by Albuquerque to be used to build or rehabilitate affordable housing.

     A request for proposals for the project is currently in the works and is expected to be issued shortly.

 

By Garry Boulard

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Court Rejects Los Lunas Suit to Stop Hospital Project in Belen

July 23, 2014 Leave a comment

     A district judge in Belen has issued a ruling declaring that the Village of Los Lunas has no standing in a suit designed to halt a county hospital project, also in Belen.

     The City of Belen and Valencia County had earlier issued a memorandum of understanding designed to lead to the construction of the hospital.

     The project, which has been in the talking stage for more than four years, was given a boost when the Chicago-based Stern Brothers agreed to finance up to $50 million for the hospital’s construction.

     Los Lunas officials, who had hoped the new hospital would be built in Los Lunas, contended that it was illegal for Valencia County to abdicate its authority by allowing Belen to choose the provider for the hospital.

     Both Valencia County and City of Belen leaders say that now that the Los Lunas challenge is over they want to develop a schedule that could see construction starting on the hospital either later this year or early 2015.

 

By Garry Boulard

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New Garage Project in Fort Collins to go back through Planning Process

July 23, 2014 Leave a comment

     After seeing its proposal for a four-floor, 440-space parking garage rejected by the Fort Collins City Council, Capstone Development Partners has learned that it will have to go back through the city’s planning process for a revised proposal.

     Capstone, which is based in Birmingham, Alabama, had submitted its initial proposal last winter.

     The new parking garage would go up just west of the intersection of College Avenue and Stuart Street and would be geared specially for the student tenants of Capstone’s Summit on College apartment complex, near College Avenue and Prospect Road.

     After complaints from nearby business owners that the garage would be too large for the area, Capstone suggested a smaller development of three floors with roughly 300 parking spaces.

The company also proposed putting green screening on the south side of the structure to soften the view.

     Although Capstone said it wanted to start work on the garage later this summer, the requirement to start the planning process from scratch means construction most like won’t begin until next year.

 

By Garry Boulard

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Effort Underway to Save Historic WPA Building in Phoenix

July 22, 2014 Leave a comment

     When it was built in 1938, the Works Progress Administration office building in Phoenix served as a referral center for area unemployed, many of whom, without jobs and homes, camped on the grounds surrounding the facility.

     Now officials with the Arizona State Fairgrounds say they want to demolish the mostly 1-story, 12,000 square foot structure at McDowell Road and 19th Avenue because it would cost too much money to pay for necessary upgrades.

     Vacant since 2008, the building has a cracked foundation, leaky roof and structural damage from termites that ASF officials say would cost too much to fix.

     But a coalition of state and local preservationist groups have come together to save the Art Deco-designed building, noting that it could be upgraded and used for other purposes.

     Responding to the preservationists, Maricopa Superior Court Judge David Cunanan has issued a temporary restraining order preventing the immediate destruction of the building.

     But until the preservationists can produce a plan showing a viable reuse for the structure, the future of the WPA building remains in doubt.

 

By Garry Boulard

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Veterans Chapter in Deming Wants to Build New Hall

July 22, 2014 Leave a comment

     Raising funds through bingo proceeds to pay for such services as transporting veterans to regional medical facilities, the Deming chapter of the Disabled American Veterans wants to build a new and larger bingo hall.

     The current one-story brick facility at 320 Diamond Street has a hall that can sit up to 175 seats, but plans are in the making for a hall that could sit 200 people.

     In addition, the non-profit also needs more storage and office space, and larger ADA-compliant bathrooms.

     An empty lot adjacent to the current hall at 318 South Diamond that has been cleared out will be the site of the new facility.

     Supporters of the organization, which also arranges for vet job training programs and provides space to the South West New Mexico Transition Center for low-income food distribution, say they hope to raise funds for the new facility through private donations.

     A timeline for the building of the new hall has not been announced.

 

By Garry Boulard

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Tesla Battery Factory Site Will Be Decided Later This Year

July 22, 2014 Leave a comment

     Although news reports have suggested that the California-based Tesla Motors may announced this summer where it will build a $5 billion battery factory, the CEO of the company has suggested that the site decision may not be made until later this year.

     During an annual shareholder’s meeting in Mountain View, California, Elon Musk also said that as many as three sites may ultimately be selected in order to provide a backup in case anything goes wrong at one of the sites.

     Tesla announced last February that it wanted to build a battery plant. New Mexico, Arizona, Nevada and Texas have all been in the early running as sites for the facility. Musk also recently mentioned that the plant could be built in California.

 

By Garry Boulard

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