Colorado - Tue. 04/01/25 A Free Business Publication from Alpine Bank View Online View in Browser
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INTERNATIONAL RV, VAN RENTAL SERVICE ROLLS INTO DENVER

 
 
 
Roadsurfer, an international company that rents RVs and vans to roadtrippers, is opening its first Colorado hub - a new, 30,000-square-foot station, including a nearly 18,000-square-foot warehouse, on April 1 as the German company seeks to attract its European customers to U.S. road trips. The Colorado hub will be located at 5347-5353 Sherman St. in Denver. The company has hired 10 employees and plans to increase the size of its team in the future based on its growth. The station will include check-in areas, a maintenance area for vehicles and a large parking lot. Roadsurfer, founded in 2016, has 90 stations in 16 countries. Its first U.S. location launched in Los Angeles in 2022, and three years later its U.S. bases include stations in Phoenix, Salt Lake City, Las Vegas, Los Angeles, San Francisco and Seattle.
Roadsurfer’s American fleet plans to grow its number of vehicles in the Western U.S. from 250 to 800 before the end of the year, and it will open four new stations in the region including Denver. In total, the company has around 10,000 vehicles for sale starting at $99 per night for a minimum rental period of three nights, and no maximum limit. The campers come in three styles and sizes, all including a bathroom, stationary AC/heating and a kitchenette along with other camping equipment such as a table, chairs, utensils and dishes.
 
- Denver Business Journal, 03.31.25
 

DOUGLAS COUNTY OKS $3M CONTRACT FOR MICRO TRANSIT WITHIN HIGHLANDS RANCH

 
 
 
Douglas County commissioners approved spending nearly $3 million to offer free transportation within Highlands Ranch, a move officials hope expands micro transit services throughout the large county south of Denver. Douglas County plans to spend $2.9 million annually with Via Transportation, providing free transportation options through most of the affluent Highlands Ranch metro district. Set to launch in late spring, anyone in Highlands Ranch could call a number, or book through a mobile app, to grab a shuttle ride. The service connects to businesses, shopping centers, businesses, schools, parks, medical centers and Regional Transportation District stations.
Micro-transit, a hyper-localized strategy that Denver has also adopted in select neighborhoods, focuses on transferring people to select spots within specific boundaries. Via already offers micro transit services in neighboring Lone Tree, called “Linked on Demand,” a decade-old offering that officials now, in part, plan to interconnect with Highlands Ranch. Linked on Demand offers wheelchair-accessible, family-friendly shuttles driven by professional drivers. Planned now for Highlands Ranch, services are as simple as transit from an auto repair shop, or a high school student needing transport to a summer job.
 
- Denver Gazette, 03.30.25
 

HOTEL BOULDERADO SOLD TO NASHVILLE REAL ESTATE COMPANY

 
 
 
Adventurous Journeys Capital Partners, a Nashville-based real estate and hospitality company, has acquired the historic Hotel Boulderado in Boulder from longtime owners Frank and Gina Day. The hotel’s name will be preserved, along with the property’s signature architectural elements, according to AJ Capital Partners. The company said its goal is to preserve the hotel’s architectural charm while leading a revitalization effort in partnership with the Days. Those efforts will include redesigned guest rooms and refreshed public spaces. The hotel is a part of Concept Restaurants Inc., built by Frank Day, a restaurant and hospitality veteran. Day has served as president of Concept Restaurants since 1976 and acted as managing general partner of Hotel Boulderado since 1980. The hotel will remain open for business while repairs and improvements are underway. The anticipated completion date is spring 2026. The sale price of the hotel was undisclosed.
 
- Denver Post, 03.31.25
 

NO NAME BASIN AT MONARCH TO DEBUT FOR WINTER 2025-26

 
 
 
Come next season you'll be able to ski and ride even more terrain on the slopes of Monarch Mountain via the No Name Basin expansion zone. Monarch held a private tour, March 19, of the No Name Expansion, showcasing the development project that will enhance the ski area’s offerings by adding 377 acres of new terrain and 10-12 new named runs. The terrain will feature 1,000 vertical feet with a variety of options for skiers and riders, including intermediate and advanced trails with groomed, bump, and gladed sections. This expansion aims to provide 50 percent more skiable acres accessible from the Breezeway or Panorama Lifts.
The new terrain drops off the backside of the existing ski area boundary behind the Breezeway lift. The terminal will be located adjacent to the top of the Shagnasty run. As part of the expansion, Monarch will install a Skytrac three-person fixed-grip lift with roughly a 1,000 vertical feet fall line. Development and construction will continue through the summer of 2025, with plans to open the new terrain during the 2025-26 ski season.
 
- Denver Gazette, 03.31.25
 

39TH ANNUAL NATIONAL DISABLED VETERANS WINTER SPORTS CLINIC COMES TO SNOWMASS

 
 
 
Veterans from across the country are gathering in Snowmass this week for the 39th annual National Disabled Veterans Winter Sports Clinic, a transformative program that empowers disabled veterans to challenge their limits, redefine their capabilities, and connect with others through adaptive winter sports in the heart of the Rocky Mountains. Co-hosted by the U.S. Dept. of Veterans Affairs and Disabled American Veterans, the clinic runs through April 5 and welcomes approximately 400 veterans with spinal cord injuries, traumatic brain injuries, amputations, and vision loss. The event, the premier adaptive winter sports event for veterans, takes place at the Viewline Resort in Snowmass and across the Aspen Snowmass area.
Participants receive instruction and support from 200 certified adaptive ski instructors, members of the U.S. Disabled Ski Team, and an expansive network of volunteers. Since its founding, the clinic has served over 10,000 veterans. Each day offers a range of activities, from Alpine and Nordic skiing to sled hockey at the Aspen Recreation Center, snowmobiling at T Lazy 7 Ranch, scuba diving at the Wildwood Pool, and rock climbing. Participants also have access to wellness activities like yoga and caregiver support sessions. For more information, visit wintersportsclinic.org or contact wintersportsclinic@va.gov.
 
- Aspen Times, 04.01.25
 

SNOWMASS RESTRICTS VEHICLE WEIGHT DURING SPRING RUNOFF

 
 
 
Snowmass is restricting vehicle weight to 40,000 pounds on local roads from March 15 to June 15. The ordinance, instituted annually, is put into effect to mitigate risk of road damage from subgrade soil instability. High water content in the soil from snowmelt and thawing frost makes the soil less stable, which can shift beneath a heavy vehicle and cause ruts or cracks in the asphalt. Brush Creek, Owl Creek and Highline roads are all exempt from the restriction because they are constructed with greater stability than many side streets. A small portion of Wood Road is also exempt. The ordinance comes as construction ramps up while nice weather becomes more frequent, bringing a higher likelihood of heavier trucks. Drivers of vehicles over 40,000 pounds can apply for a one-time weight limit exemption on Snowmass’ website, tosv.com/172/Road-Maintenance. Only one permit per site, per year, may be approved by Public Works.
 
- Aspen Times, 03.31.25
 

CPW EMPLOYEE HONORED FOR ENDANGERED FISH WORK

 
 
 
A longtime Colorado Parks and Wildlife employee has been honored by the Upper Colorado River Endangered Fish Recovery Program with its 2025 Researcher of the Year Award. Jenn Logan, Parks and Wildlife’s assistant native aquatic species coordinator, has been instrumental in the recovery efforts of native aquatic species in the Upper Colorado River Basin and throughout Colorado for more than 20 years, Parks and Wildlife said in a news release. The recovery program is a collaborative effort involving local, state and federal agencies, water and power interests and environmental groups. It seeks to protect and recover endangered fish species in the Upper Colorado River Basin while also allowing for water development to continue in compliance with federal and state laws and interstate agreements.
Logan first worked several years as a seasonal technician, including with the U.S. Fish and Wildlife Service’s Vernal, Utah, office, and then in 2001 began her full-time career at what was then the Colorado Division of Wildlife as assistant manager of the newly opened Mumma Native Aquatic Species Restoration Facility in Alamosa. In 2006, Logan became Parks and Wildlife’s first native aquatic species biologist, a job she held for 16 years. In her current job, Logan leads a team of eight biologists and statewide coordinators. Logan has an office in Glenwood Springs, but is technically based out of the agency’s statewide office as she oversees all of its native aquatics.
 
- GJ Daily Sentinel, 03.30.25
 

CONSTRUCTION TO CLOSE SECTION OF DOWNTOWN DURANGO'S COLLEGE DRIVE FOR 10 DAYS

 
 
 
A section of College Drive between Narrow Gauge Avenue and the McDonald’s crosswalk in Durango will be closed for 10 days beginning Sunday as the Durango & Silverton Narrow Gauge Railroad repairs a section of track and updates nearby infrastructure. The work includes installing a new crossing signal, replacing sidewalks and building ADA-compliant ramps, which will prohibit pedestrian traffic during construction. The railroad received a Federal Highway Safety Administration grant to improve safety at the railroad crossing, which will fund cantilevers on both sides of the tracks. The cantilevers will feature flashing lights and bells to signal an approaching train. Previously, a crossing guard stood at the intersection with a vest and flag to warn traffic, but increased traffic has made that practice unsafe.
The project is estimated to cost $800,000, fully funded by the federal grant. Construction is expected to be completed by April 15. The Animas River Trail repaving detour for pedestrians and cyclists will be temporarily rerouted to Ninth Street and reconnect to College Drive at Second Avenue.
 
- Durango Herald, 03.31.25
 

AVON OPENS COLORADO'S FIRST MUNICIPAL STYROFOAM RECYCLING CENTER

 
 
 
Avon is now the first municipality in Colorado to offer Styrofoam recycling. All Eagle County residents can drop off clean, white, hard Styrofoam with no tape or casing attached in the large white bin for free at the Avon Recycling Center at 371 Yoder Ave., past the Home Depot. The drop-off bin is open 24/7, 365 days per year. The town launched its new Styrofoam recycling program on March 14. The Avon Recycling Center reopened following renovations on the same day. The town’s public operations team is primarily in charge of the Styrofoam densifier machine. Last March, Charlotte Lin, Avon’s sustainability coordinator, received word that the town’s grant application for funding to purchase a Styrofoam densifier had been approved. Avon received $111,105 from the Colorado Dept. of Public Health and Environment’s Recycling Resources Economic Opportunity program.
The Styrofoam densifier machine, from the company Foam Cycle, receives Styrofoam in the top, shreds it, heats it to over 100 degrees Fahrenheit, compresses it and spits out a stream of hot, gooey pure polystyrene plastic about three inches in diameter called a foam ingot. The heated, compressed Styrofoam can be shaped into anything — some places have made sculptures and other art forms — but Avon shapes it into blocks to fill a pallet. Avon will then sell the foam ingots to a Colorado plastics recycler, which will reuse the ingots. Ingots can be turned into building insulation materials, picture frames and more. More information can be found at Avon.org/Sustainability, or by contacting Sustainability Coordinator Charlotte Lin at clin@avon.org.
 
- vaildaily.com, 03.31.25
 

FISH CREEK FALLS FOOTBRIDGE CLOSURE BEGINS TUESDAY

 
 
 
The footbridge at Fish Creek Falls in Steamboat Springs will temporarily close starting Tuesday, according to the U.S. Forest Service. The annual closure is due to public safety concerns during high water months as a result of “lingering structural integrity” related to the bridge. “The closure is in place April 1 – July 1 during high water flows and can be employed each year through 2027 dependent on the repair schedule. A temporary fix has been put in place by the USDA Forest Service, but that fix is only sufficient for public safety during lower creek flows and with limited bridge occupancy (weight limit)."
According to the Forest Service, the agency is “actively working with an engineering firm to design a permanent bridge replacement.” The Fish Creek Falls picnic site and upper overlook trail will remain open to view the falls during the closure, and visitors can also walk down Fish Creek Trail to the bridge, but not past that point. The 300-foot Fish Creek Falls is located east of Steamboat Springs and receives a high volume of year-round visitors. The trailhead and picnic site are designated as a day-use fee area, requiring a $5 vehicle/day-use fee.
 
- Steamboat Today, 03.31.25
 

SUMMIT COMMUNITY CARE CLINIC CHANGES ITS NAME, REBRANDS TO ELEVATED COMMUNITY HEALTH

 
 
 
After more than 30 years of serving the central Colorado region, Summit Community Care Clinic has changed its name and brand identity and is now Elevated Community Health. Along with the new name, Elevated Community Health has a refreshed logo and will launch a website in early summer. According to the nonprofit, all services, locations and care providers remain the same. The rebranding will not affect existing appointments, records or the patient experience. A recent press release states the organization’s growth into serving areas in Lake, Park, Eagle and Grand counties in addition to Summit plays a significant role in the name change. First introduced as a free clinic, it has evolved into a full-service federally qualified health center offering primary care, behavioral health services, dental care, pharmacy and more.
 
- Summit Daily, 04.01.25
 

DENVER SEES EIGHTH LEAST SNOWY MARCH ON RECORD

 
 
 
Denver made it through March, typically Colorado’s snowiest month, with only two inches of snowfall. According to National Weather Service records, that makes it the city’s eighth least snowy March on record. On average, Denver has seen about 11.5 inches of snow each year in March since NWS first started recording monthly snowfall data in 1882. This year’s 2-inch accumulation fell below that average and ranked in the top ten for Denver’s least snowy Marches, tying for eighth. Other top historic dry spells include:
  • Trace amounts of snow recorded in 2017
  • Trace amounts, 2012
  • 0.3 inches of snow recorded in 1883
  • 0.4 inches, 1911
  • 0.5 inches, 1885
  • 1.1 inches, 1887
  • 1.8 inches, 2004
  • 2 inches, 1882
  • 2.1 inches, 1982
  • 2.1 inches, 1908
Denver’s snowfall has fluctuated widely from yearly averages throughout the winter season. The city saw 23.3 inches of snowfall in November, more than three times the average monthly total of 7.4 inches and the fourth snowiest November on record for Denver. Twice the normal amount of snow also fell in January, which saw 13.3 inches. However, both December and February saw snow accumulations below normal. Just over an inch of snow accumulated in Denver in December. On average, the holiday month sees roughly 8 inches of snow. Denver also saw 5.5 inches of snow in February, more than 2 inches less than the monthly average of 7.8 inches.
 
- Denver Post, 03.31.25
 
 
 
MARKET UPDATE - 03/31/2025 Close
 
(Courtesy of Alpine Bank Wealth Management*)
 
 
Close
Change
Dow Jones Industrials
 
42001.76
 
+417.86
 
S&P 500
 
5611.85
 
+30.91
 
NASDAQ
 
17299.29
 
-23.70
 
10-year Treasury yield
 
4.24
 
-0.01
 
Gold (CME)
 
3122.80
 
+36.30
 
Silver (CME)
 
34.45
 
-0.18
 
Oil (NY Merc)
 
71.48
 
+2.12
 
Natural Gas ($/MMBtu)
 
4.11
 
+0.05
 
Cattle (CME)
 
207.80
 
-1.02
 
Prime Rate
 
7.50
 
NC
 
Euro (per U.S. dollar)
 
0.92
 
NC
 
Canadian dollar (per U.S. dollar)
 
1.43
 
NC
 
Mexican peso (per U.S. dollar)
 
20.47
 
+0.11
 
30-year fixed mortgage rate (Freddie Mac 03/27/2025)
 
6.65
 
-0.02
 
*Not FDIC insured. May lose value. Not guaranteed by the bank.
 
 
 
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Alpine Bank is an independent, employee-owned organization with headquarters in Glenwood Springs and banking offices across Colorado's Western Slope, mountains and Front Range. Alpine Bank serves customers with retail, business, wealth management*, mortgage and electronic banking services. Learn more at alpinebank.com.

*Alpine Bank Wealth Management services are not FDIC insured, may lose value and are not guaranteed by the bank.​
 
 
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