Old Dominion Grows City Footprint
Old Dominion Freight Line, Inc. has begun construction on a 42,530 square-foot maintenance facility at 5601 Holly St. This is the latest local project for the company, which added 88 dock doors with a 55,200 square-foot addition last year.
Old Dominion, a motor carrier providing regional, inter-regional and national less-than-truckload and value-added logistics services, employs over 300 people at this location. The new additions are expected to add 40-50 local jobs.
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City celebrates mid-point of voter-approved Capital Improvement Program
Commerce City is halfway through its five-year commitment to completing five capital improvement projects through a 2013 voter approved 1-percent sales and use tax.
The city has already built and opened Paradice Island Pool at Pioneer Park and Fronterra Park, with both Turnberry Park and Villages East Park scheduled to open soon. The widening of Tower Road from two to four lanes began in May and will provide the city with major connectivity to Denver International Airport and the E-470 corridor. A new 100,000 square-foot recreation center at U.S. Highway 2 and E. 112th Avenue is scheduled to break ground later this year.
For more information, click here.
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Economic Activity Report indicates mixed trends
The most recent Commerce City Economic Activity Report, which was released last month, shows the Commerce City economy expanding across many indicators, with growth in employment and the residential real estate market. The number of city businesses increased by 76 companies from the same quarter in 2014 and jobs were up by more than 1,200. Sales of single-family attached homes rose 150 percent, while sales of single-family detached homes rose 17.6 percent. Retail sales showed a decline, dropping 27.1 percent compared to the same quarter in 2014. Industrial real estate vacancies rose slightly for both general industrial and warehouse/distribution space. Click here for the complete Economic Activity Report, which is prepared quarterly by Development Research Partners for the city's economic development division.
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Gallery on the Go celebrates expansion
Gallery on the Go hosted a ribbon-cutting on Wednesday, July 27 commemorating their continued growth and expansion from 680 to 1,300 square-feet of office space in the city at 13635 E. 104th Ave. Mayor Sean Ford spoke at the event and members of council were in attendance for the ribbon-cutting.
Maria Borrego, a Commerce City resident and Adams City High School graduate, co-founded the mobile paint-and-sip company in 2011. Gallery on the Go has since expanded to more than 150 independent party hosts in 25 states, serving over 33,000 painters at more than 3,000 parties.
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Company Spotlight
AAA Waterproofing, Inc., located at 8510 Willow St., is another example of a Commerce City business experiencing explosive growth. The waterproofing services company relocated to the city five years ago with 65 employees; it now has 112 and is still growing. AAA Waterproofing has completed various types of commercial and residential projects, such as hospitals, justice centers, schools, resorts, residences, and many more.
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Sincerely,
Commerce City Economic Development Division
City of Commerce City
7887 E. 60th Ave
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Events Calendar
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Startup Orientation 10 a.m. - Noon Spanish: Aug. 11 English: Sep. 8 Commerce City Small Business Resource Center 7270 Monaco St. Register: click here
Adelante Community Development Workshops 9 - 10:30 a.m. Understanding your Competitor: Aug. 9 Business Technology 101: Sep. 13 Commerce City Small Business Resource Center 7270 Monaco St. Register: call 720-379-3815
Business Open House Commerce City Business Alliance Sep. 7, 5 - 7 p.m. El Jardin Mexican Restaurant 6460 E. 73rd Ave. Register: click here
CCBPA Hosts U.S. Congressman Ed Perlmutter Sep. 16, Noon - 2:30 p.m. Rocky Mountain Arsenal National Wildlife Refuge 6550 Gateway Rd. Reserve a seat: call 720-205-2627 or [email protected]
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