Business Journal: METRO NORTH BUSINESSES TO HOLD DISCUSSION ON FASTRACKS

WHAT: Business professionals from throughout the region are convening tomorrow morning to discuss the current plans for extending track to the north and the issues surrounding expansion.

WHO: Open to the public

A panel of regional representatives is slated to include:

· Lee Kemp, RTD Board Member

· Maria Garcia Berry of CRL Associates

· Adams County Commissioner Erik Hansen, representing the North Metro Corridor

· Mayor of Aurora Ed Tauer, representing the I-225 Corridor

· Mayor of Broomfield Pat Quinn, representing the US 36 Corridor

· Craig Coon of Xcel Energy

· Jonathan Perlmutter of Jordan Perlmutter & Co, representing the business development perspective

· Howard Gelt, Chairman of the Metro North Chamber Board of Directors will serve as moderator.

WHEN: Thursday, February 24, 2011

TIME: 7:00 – 9:00 AM

WHERE: Ramada Plaza Hotel

10 East 120th Ave. , Northglenn , CO

INFO: For additional info please contact Lisandra Gonzales at 303.720.0836.

Commerce City State of Economics, a Matter of Leakage

According to the recent Retail Coach Report, existing retailers cannot meet the demand of the city’s growing population. The residents of Commerce City are shopping and spending their money in other cities and that is what is known as “leakage”.

How bad is the leakage in Commerce City? It is around $300,000,000 annually. It is time for the city to try and recoup its losses.

This Retail Coach Report is with the Economic Development team in Las Vegas at the ICSC (International Conference of Shopping Centers) to show potential businesses what opportunities are available right here inside the city.

The following is the breakdown of leakage dollars flowing out of the city annually:

$43,000,000 in General Merchandise
$91,000,000 in Radios, TVs and Computers
$19,000,000 in Home Furnishings
$88,000,000 in Eating Places
$59,000,000 in Groceries

According to the Twitter Updates from the team in Las Vegas, all is going well and it is the “Agreement Commerce City is where the growth will happen when the market rebounds…”. Also, “The retail leakage data has been powerful.”

Lets Move Some Dirt in C Town!!!

Commerce City Economic Development Responds to the Commerce City development and business community with the 2010 Incentive Package.

According to Commerce City: "The incentive program was created to: Positively impact all facets of the Commerce City economy; Create jobs and encourage existing businesses to make capital investments; Spur new office, industrial, and residential development and growth; and, Create new retail opportunities that cause the reduction in retail leakage. The package addresses the top incentive needs and desires identified by the Commerce City development and business community."

Incentive Package has deals for everyone including Existing Business, Prospective Business, New Retailer, Existing Retailer, Home builder, Homeowner, Green Businesses and Green Building Practices and Projects of Economic Development Significance.

For FULL Details of the 2010 Incentive Program CLICK HERE

Prairie Gateway re-branded to Victory Crossing {Commerce City}

Commerce City "We need to be sure that we are not left behind in ED..."

METRO NORTH BUSINESSES TO HOLD DISCUSSION ON FASTRACKS

Commerce City State of Economics, a Matter of Leakage

Lets Move Some Dirt in C Town!!!