Intsel Steel Breaks Ground on 234,000-Square-Foot Building in Irondale
Intsel Steel recently broke ground on a new 234,000-square-foot facility in Irondale. The family owned steel company purchased 55 acres of industrial land from the Adams 14 School District at 8573 Ulster Street. The new building represents a consolidation and growth of the company's existing operations in Denver and Commerce City and will include a new rail spur from the BNSF line on the east side of the property. The parent company, Triple-S Steel Supply, is based in Houston, Texas and sells nearly 500,000 tons of steel per year for bridges, stadiums, barges, and large buildings throughout North America, Central and South America and Asia. The Commerce City operations will be a subsidiary called Intsel Steel West and will employ nearly 100 people. Council members were in attendance to help celebrate the groundbreaking.
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Highway 2 Expansion Underway
Commerce City broke ground on the Highway 2 widening project on October 26. The expansion will add two additional automotive lanes as well as bike lanes between E. 72nd Avenue and I-76, increasing safety for all travelers with new LED lighting. Flatiron Construction plans to hire 20-30 employees to work on the project and encourages residents to apply. The project is scheduled to be complete in 2018.
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Economic Activity Report Shows Positive Job Growth
According to the October 2016 Commerce City Economic Activity Report the number of city businesses increased by 62 from the same time last year. Employment also rose over the same period, adding 430 jobs with an overall average salary of $49,504. The report also showed that the city's unemployment rate dropped slightly to 4.1%. The report is prepared quarterly by Development Research Partners on behalf of the city's economic development division to track trends on major economic indicators for the city. View the complete report online.
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New Chamber of Commerce Schedules First Event November 10 The new Commerce City Chamber of Commerce is hosting a reception on November 10 for anyone wishing to come and learn more about the new organization. Sponsored by KeyBank, the event will be held at the KeyBank in Derby-6565 E. 73rd Avenue from 5-7 p.m. The Chamber is fundraising and asking for $100 from any business that wants to be part of the "Centennial Club" or first 100 founding members of the chamber. The City of Commerce City has contributed and is a member of the Centennial Club. Chamber leadership will put a formal membership dues structure in place early next year. The Commerce City Chamber of Commerce will provide resources to its membership and the business community as a whole. They will advocate on behalf of the business community and will aim to provide networking opportunities, professional, and workforce development opportunities to businesses throughout Commerce City.
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iGo Realty Celebrates Grand Opening
iGo Realty, located at 13611 E. 104th Ave., Suite 700, and the Commerce City Business Alliance hosted a ribbon-cutting on Wednesday October 19 in celebration of its grand opening. With over 20 years of experience in residential brokerage, Arlene Castro and Jean Broad founded iGo Realty last summer and have recruited three real estate brokers to be part of their team. As fellow Commerce City residents, the brokers at iGo Realty offer other residents, or individuals hoping to become residents, an in-depth understanding of the city and neighborhoods within it.
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Company Spotlight: Brazz Specialties
Commerce City is home to a lot of very interesting manufacturing operations. Some of these companies participated in the city's outreach efforts during National Manufacturing Day on October 7. Brazz Specialties is one of them. Founded in 1994, Brazz Specialties, Inc. is a manufacturer of custom electric signs. You see their work all over town, on the sides of buildings, including at Buffalo Run and in Reunion. In fact, they are currently working on the signage for the new Panasonic Building under construction at Tower Road just south of I-70.
The company moved to Commerce City in 2003 when it outgrew its original location. They currently have nine employees and work with clients all over the world.
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Retail Corner
Pour Tap House is coming to Commerce City. The firs t of its kind in the city, the 2,000-square-foot tap house will serve craft beers from around Colorado and will be located in a new 9,000-square-foot building in Turnberry Marketplace at E. 104th Place and Revere Street. The building will include the tap house as well as a planned expansion of the existing Anchor Crossfit business already operating in Turnberry Marketplace. Pour Tap House will be a place to meet friends for a beer after work or to go and watch the Broncos on Sundays.They plan to open by summer of 2017.
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Under Construction
Kew Realty has a 35,000-square-foot speculative industrial building under construction at 5700, 6125 East 56th Avenue in the Park Industrial Center. The industrial real estate market in Commerce City is very tight. In the second quarter of 2016, industrial space was experiencing a 1.8% vacancy rate in the city. This new building will be completed in January 2017 and helps add industrial real estate inventory in the city for companies that are looking for space.
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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 English: November 10 Commerce City Small Business Resource Center 7270 Monaco St. Register here Fee: None
Adelante Community Development Workshops 9 - 10:30 a.m. Accounting and Taxes: November 8 Commerce City Small Business Resource Center 7270 Monaco St. Register: Call 720-379-3815
Commerce City Chamber of Commerce Reception November 10 Key Bank - 6565 E. 73rd Avenue 5-7 p.m.
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New Business Licenses
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Paw Prints
Caroline's Upcycled Antiques
Power Contracting
YGS
KL Laundry
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