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January 2015
In This Issue:

Commerce City Business Appreciation Awards Breakfast businessawards
 

Call for Nominations!
DEADLINE: February 13, 2015
 

Join local businesses and elected officials as we recognize businesses, individuals and organizations that make contributions to the city's economic vitality at this year's Commerce City Business Appreciation Awards Breakfast. The event will be held from 7:30 - 9 a.m., Thursday, March 19, 2015, at Dick's Sporting Goods Park, Commerce City.

There are four award categories:

  • Business on the Move
  • Entrepreneurial Spirit
  • Pam Downs Lilac Award for Leadership
  • Business of the Year Award

Learn more about the award categories and nominate a company online by Feb. 13, 2015. 

Airport professionals, developers descend on metro area for Aerotropolis Americas Conference aerotropolis
 


Acres of Opportunity. Commerce City highlighted its proximity to Denver International Airport and available land opportunities to more than 350  senior airport and aviation professionals throughout the world at the Aerotropolis Americas conference.

Learn more about the benefits to being in Commerce City for airport-related business and development. Staff will explore additional opportunities to showcase the city as new commercial areas open up along Tower Road. 
The Impact of Low Oil Prices oil

Low oil prices are a welcome sign to our pocket books at the gas station; however, it can be negative to Colorado's economy. According to a briefing paper prepared by the Colorado Energy Coalition, nationally, low oil prices are a net positive to the economy. The U.S. Bureau of Labor Statistics estimates a 0.1 percent boost to U.S. growth for every $10 drop in oil prices. From June's $106 per barrel peak to today, that's a drop of $60 to today's price. However, there are a handful of states in which the opposite is true and Colorado is one of those states.

The U.S. Bureau of Labor Statistics indicates that the City and County of Denver has ten times the national average of oil and gas extraction workers. That employment concentration, combined with the large multiplier influence of the energy industry, means a drop in oil prices is likely a negative to our State economy. The size of that impact will all depend upon how long prices remain low.

An article in the Denver Business Journal on Jan. 8, 2015 mentioned the following, "At the end of 2014, industry analysts were saying they thought oil and gas companies - responding to the drop in oil prices - may cut their 2015 investment plans by up to 20 percent, or possibly more." 

Forbes reports that prices could remain under pressure throughout the year, due to further growth in U.S. production. The near-term situation does not bode well for the oilfield services industry, since oil and gas companies are seeing their cash flows come under pressure, leading them to cut back on their exploration and spending budgets for 2015.
Retail Corner:retailcorner

  • First Choice Emergency Room opened a new facility at 15100 E 104th Avenue, revolutionizing the delivery of emergency medical services for adults and children with board-certified physicians, a full radiology suite and on-site labs..  For more information, please visit FCER.com
  • Locally owned Ziggi's Coffee opened their newest drive-thru and café in Belle Creek on Dec. 27. This location features a relaxing atmosphere with fast, friendly baristas, live music, and monthly exhibits by local artists. The menu offers an array of distinctive coffee drinks, aromatic teas, Glacier gelato, and food items featuring fresh, local ingredients. Visit Ziggi's Coffee online for more information. 
Groundbreaking:groundbreaking

Rush Truck Centers, the largest network of heavy- and medium-
duty truck dealerships in North America, broke ground on their new 15-acre sales and leasing center at 6955 E. 50th Avenue on January 22.  With over 100 locations across the country, they provide an integrated, one-stop approach to the sales and service of new and used heavy- and medium-duty trucks, aftermarket parts, service and body shop capabilities, tires and a wide array of financial services including the financing of truck sales, insurance products and leasing and rental options.


W.E. O'Neil Construction is contracted to build an 83,392 Sq. Ft. service building as well as a body shop and sales/service building. Rush Enterprises Inc. anticipates the creation of more than 30 permanent jobs at their new Commerce City location.

North Metro SBDC to Offer New Programssbdc

The North Metro Denver Small Business Development Center (SBDC) is dedicated to helping existing and new businesses grow and prosper by providing free and confidential consulting and no or low-cost training programs. Two new programs offered by SBDC are:

 

Manufacturing:

The North Metro Denver SBDC is in the process of developing a "Manufacturing Team." This team consists of an advisory board available to help local manufacturers with a variety of services to help them grow. The advisory board or consultants are now serving clients.

 

SBDC Advance (Economic Gardening):

The Colorado SBDC Network has opened registration for companies to participate in a statewide Economic Gardening program; SBDC Advance.  Economic gardening takes an entrepreneurial approach to regional prosperity. Often referred to as a "grow from within" strategy, it helps existing companies within a community grow larger.  In contrast to traditional business assistance, economic gardening focuses on strategic growth challenges, such as developing new markets, refining business models and gaining access to competitive intelligence.

 

For more information on these new programs and to schedule an appointment, visit www.northmetrosbdc.com or 303-460-1032.

 

The North Metro Denver SBDC has a satellite office located in Commerce City at the Derby Resource Center, 7270 Monaco Street. In 2014, the SBDC office in Derby worked with 62 customers and conducted 139 consulting sessions, providing help to create and retain jobs, secure loans, increase sales, win government contracts, develop strategic business/marketing plans and more.

 

Sincerely,

 

Commerce City Economic Development Division
City of Commerce City
7887 E. 60th Ave
Phone:303-289-3620
Fax:303-289-3688

Upcoming Events

SBDC Workshops:

 

Leading Edge Info Session

2/3/2015 from 6-7:30pm

Front Range Community College (FRCC) Westminster Campus

No Registration Fee

 

Business Planning Boot Camp

2/4 to 3/25 from 6-8:00pm

Commerce City Derby Resource Center

$100.00 fee to register

 

Owning a Franchise: Is It for Me?   New

2/5 to 2/12 from 6-8:30pm

FRCC Westminster Campus

$20.00 fee to register

 

Click here for a full list of upcoming events

Congratulations!

Congratulations to the hometown Colorado Rapids, who will host the 2015 Major League Soccer All-Star game at Dick's Sporting Goods Park July 29. Mayor Ford joined commissioner Garber, Owner Josh Kroenke, Lt. Governor Garcia and Visit Denver CEO Richard Scharf to announce the event, which marks the second time Commerce City hosted this event in the last 10 years. Learn more at MLSSoccer.com 

 

Douglass Colony was selected as ENR's Rocky Mountain States Specialty Contractor of the Year! 

Look who's moved in

Home Thrift Shop LLC

  

Denney Logistics Inc.

 

Great Clips


Nebraska Ash Company


Buck's Hideaway Tavern


Telerose Consulting Group Inc.


Tims Airbrush LLC

 

Community Reach Center

 

Menlo Inn

 

A Cut Above

 

CD-Arte LLC

 

MVP Physical Therapy

 

See location and contact information