A California GPS technology company said it’s planning on building a big addition to its existing Westminster facility.

Trimble Inc. said it’s planning on building a second building in Westminster that can house up to 1,100 new workers and be its largest employment facility.
A California GPS technology company said it’s planning on building a big addition to its existing Westminster facility.
Trimble Inc. (Nasdaq: TRMB), which is based in Sunnyvale, Calif., said it’s planning on building a second building in Westminster that can house up to 1,100 new workers and be its largest employment facility.
The new addition will be located next to Trimble’s current 125,000-square-foot facility at 10368 Westmoor Drive, which was completed four years ago. The new building will be “nearly the twin” of the company’s existing building, the company said.
“T he Westminster campus is at full capacity and beyond. After just four years of growth, the location has proven to be a key asset to the company due to its central location and its emphasis on collaborative workspaces,” the company said.
Company officials praised Colorado employees and the area’s quality of life.
“Colorado has proven to be a strategic element in our U.S. operations since we opened our initial Westminster office in 2000 and completed the first building project in 2013. The area attracts a desirable and growing pool of tech talent and provides an attractive quality of life to our employees,” said Steven Berglund, Trimble president and CEO, in a statement.
The general contractor on the project is JE Dunn, Denver-based OZ Architecture is the lead engineering firm, and the building’s expected to be completed in late 2018.

Ben Miller
Contributing Writer

Denver Business Jurnal

Hiring software engineers to work in Denver

Since Sept. 12, Apple the Cupertino, California-based tech giant has posted three software engineering jobs openings for a location in Denver.
The openings come after spring rumors Apple could lease significant space in downtown for a technology development office.
A job posting Monday tells prospective applicants in mapping data engineering that the position “is to join an exceptionally skilled group” working with data science, statistics, geospatial data and deep learning.
“Apple isn’t [the] only location company growing in Denver. Not surprised by this,” tweeted Brian McMahon on Tuesday. McMahon used to run Denver-based MapQuest, the Verizon-owned online mapping company that’s based in downtown.
Apple’s mapping technology hires in Denver would work two blocks from Mapquest.
Apple’s openings in Denver are the latest by some of the biggest tech employers to hire here.
Amazon Inc. held a job fair a year ago to hire people for a software engineering office it quietly opened in Broomfield. Farther west, Google started construction on a new Boulder campus with room to eventually triple the search giant’s presence there to 1,500 employees.
Redwood City, California-based Oracle has for years had its second-largest concentration of U.S. employees at its Broomfield campus, where about 2,000 people work.
Last week, GPS technology company Trimble Inc., based in Sunnyvale, California, said a new building under construction in Westminster would give it room to double its workforce there to 1,100 and make it the largest employment center the 9,000-employee company has worldwide.

By Greg Avery – Reporter, Denver Business Journal

Robotics industry growth to be gigantic in next five years

Jul 5, 2017, 7:15am MDT

Industries & Tags

Manufacturing

Growth in the global robotics market is expected to be massive in the next five years, according to Boulder market intelligence firm.

Revenue from sales of industrial and non-industrial robots is expected to rise from $31 billion in 2016 to $237.3 billion by 2022, according to Tractica research.

Most of the growth will come from the massive increase in sales of consumer robots, enterprise robots, autonomous vehicles, and unmanned aerial vehicles (drones), which will overtake traditional industrial robots, according to Tractica.

“The key underlying story emerging in the industry is that industrial robotics, which has been the traditional pillar of the robotics market, has given way to non-industrial robot categories like personal assistant robots, UAVs, and autonomous vehicles,” said Aditya Kaul,Tractica research director, in a statement.

Locally, that growth in robots is evident with last month’s announcement that Misty Robotics was spun off from Sphero, the Boulder-based maker of the smartphone-controlled BB-8 robot, and has launched with an initial backing of $11.5 million.

And Amazon.com said it will staff its new Thornton fulfillment center with a fleet of robots, as well as human workers

 

Out of top 25 US cities for tech, where does Denver rank?

Ben Miller Contributing Writer

Out of the top 25 U.S. cities for technologies, Denver ranks in the top 10.

According to a new report by real estate services firm Cushman & Wakefield, Denver ranks eighth nationally when it comes “talent, capital and growth opportunity.” The company called the ingredients a “tech stew,” involving “local universities, capital, tech workers, knowledge workers, educated workers, and entrepreneurial spirit.”

According to Cushman & Wakefield’s “Tech Cities 1.0” report, San Jose-Silicon Valley is rated No. 1, followed by San Francisco, Washington, D.C., Boston, Raleigh/Durham/Chapel Hill, North Carolina, Seattle and Austin, Texas.

While Denver is not the headquarters location for many big technology companies, we’ve continued to see larger, more established firms opening offices in Denver, including Google, Apple, and Amazon,” said Steve Billigimeier, executive managing director, Cushman & Wakefield in Denver, in a statement. He added “in addition to Colorado’s impressive list of colleges and universities, Denver continues to draw employees from across the country and finished first in Forbes’ 2015 and 2016 ‘Best Places for Business’ list.”

Last month, Colorado was ranked in the top tier of most innovative U.S. states in rankings compiled by the Consumer Technology Association.

And in October, Colorado was ranked second among U.S. states in turning technology and science capabilities into high-paying jobs.

Making Denver a friendly place for cyclists is a big issue for city leaders.

Kathleen Lavine | Denver Business Journal

At a city council meeting last March, Denver Council President Albus Brooks said that decreasing reliance on cars is “the area that most of us on City Council agree on — that this is the direction that we want to go.”

Some argue that putting so much effort into this is bad news for cars and will only increase congestion further. Others advocate for it as being a way to provide routes for all modes of transportation and promote exercise and better air quality. For now, it appears city officials are making progress on bikes. A pair of recent reports named the Mile High City among the best in the nation for being bike-friendly.

RewardExpert, an online travel service company, said Denver was the 10th most bike-friendly city for tourists.

The report ranked the U.S.’s 53 largest cities based on 13 metrics, such as biking infrastructure, city profile, bike-sharing availability and biking safety.

“Denver is historically a very bike-friendly city. It scored well across all our dimensions. The city has 267 miles of paved biking paths, which ranks third of all the cities we analyzed,” RewardExpert’s report said.

“Denver’s B-cycle has many stations and bikes in its fleet. Denver ranked fourth in regard to number of bike share stations per capita. Travelers should have no problem biking through the city.”

And late last month, WalkScore.com ranked Denver as the 4th most bike-friendly in the U.S.. Denver received a bike-score of 71, calculated by measuring bike infrastructure (lanes, trails, etc.), hills, destinations and road connectivity, and the number of bike commuters.

Denver also receives relatively high marks for its walkability, a long-time focus of state leaders. In the WalkScore report, it ranked 16th overall, and a recent Thrillist ranking put it 10th in the nation.

Adding to both Denver’s walkability and bicycle-friendliness is something Denver Parks and Recreation is tackling, too. The city will begin improvements to the Washington Park Loop Road with the of goal of making it safer for visitors.

The 2.2-mile road follows the perimeter of the park and is popular for cycling, walking, rollerblading and jogging. Modifications will include a new configuration aimed at addressing major congestion points along the loop

They include:

Lane configuration improvements comprised of a two-way pedestrian lane separated by a two-foot painted buffer from two unidirectional lanes that accommodate wheel-based recreation

Crosswalk and car traffic zone improvements with hatched buffers, flexible bollards, green dashed pavement markings, shared lane markings, pavement markings, and painted crosswalks.

Signage improvements and the addition of new lane configuration signs, speed limit signs and vehicular regulatory traffic signs. These signs will be installed in strategic areas throughout the park to ensure maximum opportunity for education and awareness of the rules and regulation along Loop Road and throughout Washington Park.

Construction on the Washington Park loop improvement project will begin June 19 and is slated for completion by the end of July.

 

Beyond spaghetti and meatballs: 11 must-visit Italian restaurants in Denver

There’s nothing quite like a plate of good old-fashioned spaghetti and meatballs, but these restaurants? They take that classic dish to the next level.

Zagat — a unit of Google parent Alphabet Inc. (Nasdaq: GOOG) — put together a list of 11 must-visit Italian restaurants in Denver, consisting mostly of spots that have just popped up in the last few years.

Spuntino. 2639 W. 32nd Ave. “All the warmth of a mom-and-pop trattoria, all the savvy of… more

From polenta-stuffed agnolotti dal plin with ‘nduja and shrimp, and pappardelle, to pizzas topped creamed leeks and fennel pollen, to bucatini all’Amatriciana, pollo alla diavola, tartufo, and much more.

Caitlin Hendee is digital producer and social engagement manager for the Denver Business Journal and covers education. Email: chendee@bizjournals.com. Phone

 

Sushi bowl spot doubles down in Glendale

Kailyn Lamb May 18, 2017

PokeCity’s second location will open soon in Glendale off of South Colorado Boulevard.

Jay Yoon is poking around new retail locations all over Denver as he expands his sushi bowl chain. Yoon opened the first PokeCity restaurant in October in the Denver Tech Center.

The restaurant offers Hawaiian-style bowls, filled with raw fish and rice with vegetables and sauce.

By January, he decided to expand, picking up a larger location in Glendale on South Colorado Boulevard and East Mississippi Avenue. He said that spot should open this month and is 2,000 square feet, which Yoon said will allow him to add more dining seating space, as well as take-out and delivery services.

“I’m trying to make the dining area bigger,” Yoon said. “Poke places in California are very small.”

Yoon is hoping the traffic on Colorado Boulevard will help to keep the restaurant busy. A third location at South Broadway and Englewood Parkway is also in the works. Yoon, who has been working with David Hicks and Lampert to find new spaces, said he wants to also add locations on the 16th Street Mall and in Westminster. But hiring staff has been a challenge, despite a social media push on Facebook and offering signing bonuses for employees who work with the restaurant for six months, Yoon said.

He’s up against a booming poke land grab by competing chains. Chicago-based Aloha Poke Co. announced this week that it’s coming to RiNo.

The first PokeCity restaurant opened in October in the Denver Tech Center.

Platte Street will get two new poke restaurants. Poke House will open on Platte and 17th Street this summer and Denver Poke Co. will open across the street at 1550 Plate St.

Yoon’s Broadway location won’t be open until June of next year, giving him time to find people. One way that he copes with hiring woes has been to bring in friends from California to help with management at PokeCity. His family members also work at the restaurant. Other locations will have to wait until he can find staff.“I know how to set up businesses easily and fast,” he said. “I think there’s a lot of opportunity in Denver, she’s growing.”

Yoon first moved to Colorado from Korea more than 25 years ago. He spent 10 years in Denver before moving to California. There, he spent more than 15 years working in the restaurant industry. Once he came back to the Denver, he decided to open a poke restaurant. While poke spots were popular in California, Colorado had yet to catch on, and Yoon saw an opportunity. Now that PokeCity has gotten off the ground, Yoon is hoping to start other restaurants as well. He’s looking into starting a Korean barbecue restaurant as well as another bowl themed restaurant with different

New Marijuana Banking Bill introduced

For years, lawmakers have introduced marijuana banking bills that have gone nowhere.
Now, comes a new bill — this one has the backing of Republican Sen.Cory Gardner and Democrat Sen. Michael Bennett, it also includes sponsorship from Massachusetts Democrat Sen. Elizabeth Warren and Republican Sen. Rand Paul, of Kentucky.
Called the Secure and Fair Enforcement (SAFE) Banking Act of 2017, its backers say it will solve a key logistical and public safety problem in the states that have legalized medical and recreational marijuana.
“Conflicting federal and state marijuana laws make it difficult for legitimate businesses to use the basic financial services they need access to and this bipartisan legislation gives them that access they need,” Gardner said. “We must also take into account the risk to public safety as these businesses are being forced to carry around bags of money to pay for their employees and rent. Legal businesses should not be treated like this, and I’m glad that Republicans and Democrats are working together to address this issue.”
U.S. Rep. Ed Perlmutter D-Colorado, and others have introduced marijuana banking bills since 2015. Perlmutter reintroduced the Marijuana Business Access to Banking Act of 2015 last month.
His proposed legislation would remove current legal uncertainty by providing a “safe harbor” and additional civil protections for depository institutions who provide a financial product or service to a covered business, they said. For example, federal banking regulators would not be able to threaten or limit a bank or credit union’s deposit insurance, take any action or downgrade a loan made to a covered business, or force a depository institution to halt providing any kind of banking services to a marijuana-related legitimate business.
Banks have refused the accounts of marijuana-related business over fear of being accused of money laundering and drug trafficking and because banking rules prohibit banking for activities defined as illegal under federal law. The federal government does not recognize state’s authority to allow marijuana businesses and considers these businesses illegal.
The Federal Deposit Insurance Corp., for example, is one of three banking regulators that has not issued specific guidance for banks on doing business with the marijuana industry. However, federal law requires banks to report suspicious activity.

The Gardner-backed SAFE proposal would prevent federal banking regulators from:
Prohibiting, penalizing or discouraging a bank from providing financial services to a legitimate state-sanctioned and regulated cannabis business, or an associated business (such as an lawyer or landlord providing services to a legal cannabis business);
Terminating or limiting a bank’s federal deposit insurance solely because the bank is providing services to a state-sanctioned cannabis business or associated business;
Recommending or incentivizing a bank to halt or downgrade providing any kind of banking services to these businesses; or
Taking any action on a loan to an owner or operator of a cannabis-related business.
The bill also creates a safe harbor from criminal prosecution and liability and asset forfeiture for banks and their officers and employees who provide financial services to legitimate, state-sanctioned cannabis businesses, while maintaining banks’ right to choose not to offer those services.

The bill would require banks to comply with current Financial Crimes Enforcement Network (FinCEN) guidance, while at the same time allowing FinCEN guidance to be streamlined over time as states and the federal government adapt to legalized medicinal and recreational cannabis policies.

Monica Mendoza

Millennials in Denver

Colorado Real Estate Journal – April 5, 2017

by John Rebchook

Millennials making it, mostly renting in Mile High City

Millennials. Every city wants them. Denver is actually getting them.

A fair share of the 10,000 or so people moving to the Mile High City every month are in the coveted demographic group. Many of these millennials are renters, good news for the Denver area multifamily market.

“Millennials are the biggest generation ever” and also are the most educated group ever, noted John Burns, CEO of John Burns Real Estate Consulting.

Burns, who is based in California, made those millennial comments earlier this year at a ULI Colorado event. But Burns said that the word “millennial” as a catchall definition for people born between 1984 and 2002 doesn’t make much sense.

“If you are talking to millennials born in the ’80s and those born in the 1990s, you will have a much different conversation,” Burns said.

He decided to dig deeper into the demographic trends.

After three years and 9,000 hours of research, his firm came up with eight different demographics to describe those born in decades from the 1930s to the 2000s. Burns and co-author Chris Porter summed up their findings in a book: “Big Shifts Ahead: Demographic Clarity for Business.”

“Denver looks a little different” than other parts of the country, Burns said.

“Denver is more skewed to those born in the ’80s and in the ’70s than anywhere else in the country,” he said.

Those born in the 1970s, he has dubbed as the “balancers,” and those born in the 1980s are the “sharers.” Those two millennial demographics account for 33.4 percent of the Denver area population, according to research by Burns.

The balancers, of course, want everything: balance between work, family and play.

The sharers are the earliest generation of millennials. They also like social media, such as Facebook, lnstagram and Snapchat. They also remember the hard economic lessons of the Great Recession.

“They learned their lessons from their parents and are afraid of debt,” Burns said.

That is, other than student debt, as they are saddled with much of the $1.2 trillion in debt in the U.S., he pointed out.

Denver, he said, has been a leader in master-planned communities that provide housing, retail and offices in places such as Stapleton, Lowry and Arvada.

“Give me urban with great schools and you can’t miss,” according to Burns.

These are what he calls “surbans,” communities with suburban and urban qualities.

“Give me cool urban in the suburbs. Love that urban feel. Surban sounds better than mixed-use,” Burns said.

Because Denver skews younger than much the U.S., that bodes well for the apartment market, according to Chris Porter, the chief demographer and researcher at Burns, who in addition to being the co-author of Big Shifts Ahead, is the chief demographer and researcher at Burns Real Estate Consulting.

“We know right now the younger population is delaying many of the big milestones in life, like buying a home, and not necessarily by choice,” Porter said.

“As a group, as they enter adulthood, they are tending to rent,” Porter added. “That should boost the apartment market, purely as a demographic shift.”

Indeed, a national report released last week by Florida International University and Florida Atlantic University said that Denver is one of only three cities in the nation where renting an apartment carries less risk than buying a home. The report, by Beracha, Hardin & Johnson, ranked Denver with Dallas and Houston because of rapidly rising home prices.

“It probably does make more sense to rent than to buy in Denver right now,” Porter agreed.

On the other hand, he is not down on the Denver housing market, either. In fact, it is somewhat of a Goldilocks market – not too hot and not too cold, according to Porter.

The younger population in Denver also is good news for restaurants, he noted.

“One thing we are noticing and something you will see across the country is that younger buyers are more cost-conscious,” Porter said.

“They don’t want to rely too heavily on debt and they use debit cards instead of credit cards,” he said.

At the same time, they are more into “experiences than possessions.” “They are willing to pay for experiences. I think if retail and restaurants can help create an experience for them, that will resonate with them.”