February 2013

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Northglenn Economic
Development Newsletter

In this Issue
City Economic Development - Open House for Garland Center Redevelopment
- 2012 Northglenn Business Recap
- City Welcomes New Sales Tax Auditor
- Sponsorships Available for City Events
- Matching Grants Approved for Building Exteriors
- New Businesses
Regional Economic Development- Metro Denver Economic Forecast
- Cassidy Turley Commercial Real Estate Overview
- Small Business Administration Launches New Web Site for Health Care Act
- Small Business Tip
Business Events - Sales and Use Tax Class on March 12
- North Metro SBDC Has Free Classes in Westminster, Brighton, Broomfield
- Free Workshop on Retirement Taxation
- Vendors Sought for July 4th Family Festival
- Come Learn About the Northglenn High School STEM Program

City Economic Development

Open House for Garland
Center Redevelopment

Walmart Neighhorhood Marketplace Planned

The city and Walmart are hosting an open house on Tuesday, March 5, from 6 to 8 p.m. at the Northglenn Senior Center, 11801 Community Center Drive. A 41,000-square-foot Walmart Neighborhood Marketplace grocery store and pharmacy is planned for construction at 10755 Garland St. Input from residents and businesses is important in this process. Building plans, blueprints, and renderings will be available for review and Walmart representatives will be on hand to answer any questions.

For more information, contact Debbie Tuttle, City of Northglenn Economic Development Manager, at 303-450-8743 or dtuttle@northglenn.org.

2012 Northglenn Business Recap
Economic Development Efforts Focused on Revitalization, Retaining, Supporting and Recognizing Local Businesses

The city of Northglenn celebrated many economic development and business related success stories in 2012. This includes 58 new storefront businesses that added 256 new jobs, and the absorption of more than 157,000 square feet of vacant office, industrial and retail space.

Several funding and marketing programs were implemented to assist commercial property owners and businesses, which helped lead to several large business attraction, retention and expansions projects – with more in the works for 2013. This economic growth is not just seen around town, but also on the balance sheet. Sales tax revenues were up, and while there is a lot of work still to be done, we are moving forward in retaining our existing companies and attracting new businesses and jobs to the city.

City Welcomes New Sales Tax Auditor
Charlton Comes from South Carolina Dept. of Revenue

Northglenn has a new, friendly face in the Finance Department to assist city businesses with sales and use taxes. Sarah Charlton joined the city as a sales tax auditor in January. As part of her duties, she’ll be visiting with Northglenn businesses to check for compliance with the city’s sales and use tax code.

"I’m really excited to meet the business owners of Northglenn and establish a good working relationship with them,” said Charlton, who was a sales tax auditor for the South Carolina Department of Revenue for two years before coming to Colorado.

Making sure that local businesses are all following the same sales and use tax rules keeps the playing field level for all Northglenn companies, so that no one has an unfair advantage.

Charlton encourages companies to contact her if they have any questions about the often-confusing topic of sales and use taxes.

"I hope to become a resource for business owners, where they can ask questions and get the help they need to start up their business, or keep it running,” she said.

She’ll also be taking over the quarterly Sales and Use Tax Class that the Sales Tax Division has hosted over the years. The next one will be on March 12.

To get in touch with Sarah, please contact her at 303-450-8773 or scharlton@northglenn.org.

Event Sponsorship Opportunities Available
City Has Numerous Events and Activities to Suit Most Desired Demographics

Local businesses are invited to maximize their 2013 marketing and advertising dollars by sponsoring a city event. These are suited to any target audience, whether it is children, families, seniors or adults. Sponsorship opportunities range from title sponsorships to donations of door prizes for guests. At every level of sponsorship, the city will make sure that participants and spectators are aware of your company’s involvement.

Go to www.northglenn.org/sponsorships for a list of opportunities with the city. Some of the information included is attendance, sponsorship levels and to whom the event or activity is geared towards. For more information, please contact Jeanette Sánchez at 303-450-8935 or jsanchez@northglenn.org.

Matching Grants Approved for Exterior Improvements of Northglenn Businesses
Four Businesses to Receive a Combined $12,032

The Business Improvement Grant (BIG) program was developed by NURA in late 2011 to assist businesses in exterior revitalization and improvement projects. This is a matching grant for up to $12,500. To date, 11 companies have taken advantage of the program.

In January, the Northglenn Urban Renewal Authority (NURA) approved $12,032 of business improvement grants to assist companies with exterior improvements. These included:
- Cinzetti’s Restaurant*: Exterior Painting, $3,200
- Sinews: Signage, $1,022
- Saigon Basil: Signage, $3,800
- Office Plaza South*: Landscaping Improvements, $4,010

*- Both Cinzetti’s Restaurant and Office Plaza South were additions to their original grants.

For more information about the BIG program, please contact Economic Development Director Debbie Tuttle at 303-450-8743 or dtuttle@northglenn.org, or go to the city's business incentives page.

New Businesses

A&C Auto Works specializes in automotive repair, restoration and mobile detailing. With 30 years of experience, the company can restore your 1968 Chevelle or repair your 2009 Accord. Located at 10750 Irma Drive, they celebrated their grand opening on Feb. 20. For more information, please visit their Web site at www.acawdenver.com.

The city is pleased to welcome the following new companies to Northglenn. These companies are making capital investments in our community, creating new jobs, and increasing our tax base – thereby fostering and enhancing economic development in Northglenn.

There were no reported businesses closing in January. At the end of January, Northglenn had 871 total businesses. Of that total, 654 are storefronts and 217 are home occupations. Listed below are the seven new businesses reported in January. These companies have added 42 new employees to our workforce and have absorbed 22,623 square feet of office, industrial and retail space.

Discover Health & Wellness leased 1,662 square feet at 11184 Huron St., Unit 10. The company provides chiropractic care, physical therapy, massage and wellness services. Hours of operation are Monday to Saturday from 9 a.m. to 1 p.m. and then 3 to 6 p.m. For more information, please visit www.discoverhealthandwellness.com or call 303-280-2202.

Innovative Mechanical Solutions is a start-up commercial HVAC company that leased 3,900 square feet at 10650 Irma Drive, Unit 9. The company plans to open business in mid-March and will employ five people.

Mobile Connectionz leased 1,825 square feet at 11910 Washington St. The company provides sales and accessories for cell phones. Hours of operation are Monday to Saturday from 10 a.m. to 8 p.m. and Sunday from 10 a.m. to 6 p.m. For more information, please call 720-222-1092.

Pho Grill leased 1,750 square feet at 11970 Washington St. This is a family owned start-up Asian restaurant that will initially employ four people. They plan to open in early April. Hours of operation will be Monday through Saturday from 10 a.m. to 8 p.m. For more information, please call 303-862-7978.

Saigon Basil is a Vietnamese restaurant that has leased 5,232 square feet at 10665 Melody Drive. The company is doing renovations and plans to open in mid-March. They will initially employ eight people. Hours of operation will be Monday through Saturday from 10 a.m. to 10 p.m. For more information, please call 720-502-3040.

SunHawk Seconds leased 2,000 square feet at 10643 Melody Drive. This is a start-up company that provides quality pre-owned goods including collectables, vintage, antiques, clothing, furniture and children’s items and merchandise. They plan to open in early March. Hours of operation will be Monday through Friday from 9 a.m. to 6 p.m. and Saturdays from 10 a.m. to 4 p.m. For more information, call 303-255-1299.

Title Boxing Club leased 6,000 square feet at 1741 E. 120th Ave. The fitness company employs 10 people. Hours of operation will be Monday through Friday from 6 a.m. to 8 p.m., and Saturday and Sunday from 8 a.m. to 2 p.m. For more information, please visit www.titleboxingclub.com or call 303-974-7764.

Business Events

Free Sales and Use Tax Class

11 a.m.-Noon Tues., March 12, City Hall, 11701 Community Center Drive
What does your business need to know about sales and use taxes in Northglenn? Find out as the city’s Sales Tax Division hosts this free sales and use tax class. For more information, contact Sales Tax Auditor Sarah Charlton at 303-450-8773 or e-mail scharlton@northglenn.org.

Free Community Workshop to Cover Retirement Taxation

6:30 p.m. Tues., March 19, Northglenn Recreation Center, 11801 Community Center Drive
The city is hosting a free community workshop that will cover taxation on retirement assets and legacy planning.

Accredited Tax Advisor Brad Felker, C.F.P., will help identify and evaluate wealth management solutions to control and minimize taxation of your retirement assets during your life and the lifetime of your heirs.

Part of the workshop will also cover how grandparents can help with saving money for college for the grandkids.

For more information or to RSVP, please contact Jeanette Sánchez at 303-450-8935 or jsanchez@northglenn.org.

Note: The presenters and information provided in this workshop are not endorsed by the city, and the city does not guarantee its accuracy.

The city of Northglenn averages between 10,000 and 20,000 people at its July 4th Family Festival, depending on the weather.

Vendors Sought for July 4th Family Festival

The city is seeking quality food vendors and community organizations to provide fun games, activities, and/or sell products for guests at its annual July 4th Family Festival. Applications and more information about the event are available at www.northglenn.org/july4th.

For more information, you may also contact Jeanette Sánchez at 303-450-8935 or jsanchez@northglenn.org.

Learn About the STEM Facilities at Northglenn High

6:30-8 p.m. Thurs., March 21, Northglenn High School, 601 W. 100th Place

City Council, along with the Adams 12 Five Star School District, is inviting the community to an open house that will showcase Northglenn High School’s new science, technology, engineering and math (STEM) programs.

Parents who have children who may be interested in the program or a business interested in what changes are taking place in local education are especially encouraged to attend.

For more information on the open house, please contact Northglenn Councilmember Leslie Carrico at 303-451-5046 or lcarrico@northglenn.org.

Shop Northglenn - Every Northglenn storefront business is included in the Shop Northglenn Web site automatically. Business owners have the opportunity to customize their listing with coupons, logos and more.

Customize your Northglenn business on our Web site at

If you have any questions, please contact Debbie Tuttle at dtuttle@northglenn.org or call 303-450-8743.

Small Business Development Center Free Classes
The North Metro Small Business Development Center is hosting a series of free business classes at its Brighton, Broomfield and Westminster locations.

Brighton: Brighton Learning & Resource Campus, 1850 E. Egbert #140
Broomfield: Broomfield
Chamber of Commerce, 2095 W. Sixth Ave. #109
Westminster: Front Range Community College, 3645 W. 112th Ave.

For more information on these classes and to register for them, go to www.coloradosbdc.org
. For more information about classes or other services provided in Brighton, call 303-655-2150. For Westminster or Broomfield, call 303-460-1032.

Thurs., March 7: Legal Issues When Starting a Business – 6:30 to 8:30 p.m., Westminster

Fri., March 8: How to Sell Without Looking and Feeling Like a Salesperson – 9 a.m. to Noon, Brighton

Tues., March 12: Start-Up Orientation – 6:30 to 8:30 p.m., Westminster

Thurs., March 14: The Roles We Play in Our Business – 11 a.m. to 1 p.m., Brighton

Thurs., March 14: Strategic Planning Seminar – 3 to 5 p.m., Westminster

Fri., March 15: Making the Transition from the Corporate World to Entrepreneurship – 9:30 to 11:30 a.m., Broomfield

Thurs., March 21: The Online and Social Media Crash Course – 11 a.m. to 1 p.m. Brighton

Fri., March 22: Using Your Financials as a Powerful Management Tool – 9:30 to 11:30 a.m., Westminster

Tues., March 26: Start-Up Orientation – 9 to 11 a.m., Westminster

Wed., March 27: How to Manage and Get the Most Out of Your Employees in Tough Times – 6:30 to 8:30 p.m., Westminster

Fri., March 29: Employee vs. Independent Contractor – 9:30 to 11:30 a.m., Broomfield

Tues., April 9: Start-Up Orientation – 6:30 to 8:30 p.m., Westminster

Thurs., April 11: The Employee Life Cycle – 6:30 to 8:30 p.m., Westminster

Thurs., April 11: Leadership – 7 to 9 p.m., Broomfield

Friday, April 12: How to Sell Without Looking and Feeling Like A Salesperson Part 2 – 9 a.m. to noon, Brighton

Thurs., April 18: Business Insurance 101 – 6:30 to 8:30 p.m., Westminster

Tues., April 23: Start-Up Orientation – 9 to 11 a.m., Westminster

Wed., April 24: Documentation: Protecting Yourself From the Liability – 11 a.m. to 1 p.m., Brighton

Wed., April 24: How to Manage and Get the Most Out of Your Employees in Tough Times – 6:30 to 8:30 p.m., Westminster

Click Here to Sign up for the Colorado Small Business Development Center E-Newsletter

Regional Economic
Development News

2013 Metro Denver Forecast Released
Full Economic Recovery Predicted for 7-County Region

Courtesy Metro Denver Economic Development Corporation

The Metro Denver Economic Development Corporation (Metro Denver EDC) and the Denver Metro Chamber of Commerce presented the 2013 Metro Denver Economic Forecast on Jan. 30, 2013, at Vectra Bank's 20th Annual Economic Forecast Breakfast at the Denver Center for the Performing Arts.

According to the Metro Denver EDC's Chief Economist Patty Silverstein, the seven-county region will achieve full economic recovery in 2013, meaning that all jobs lost during the recent recession will be regained, and Metro Denver will begin a new growth path.

Job growth in Metro Denver accelerated during 2012, and the year finished with stronger-than-expected employment expansion, adding 34,500 jobs. Overall, employment increased 2.5 percent from 2011 to 2012 (compared to a forecasted rate of 1.1 percent). Silverstein forecasts job growth in 2013 to be 2 percent.

State 2012 Commercial Real Estate
Overview Released by Cassidy Turley

This document reports statistics and trends about the Front Range with an accurate and concise account of each of the market sectors covering the core nine-county area.

Click here to download the complete report (PDF, 5MB).

Small Business Administration Launches Affordable Care Act Web Page

Courtesy Colorado Small Business Development Center

The U.S. Small Business Administration (SBA) launched a new web page and blog dedicated to educating small business owners about the Affordable Care Act. The new tools will serve as a gateway for small business owners, connecting them with information provided by SBA's federal partners responsible for implementing the law, including the U.S. Department of Health and Human Services.

SBA's new web page, www.sba.gov/healthcare, breaks down the key provisions of the Act based on business size in the following categories: self-employed, fewer than 25 employees, fewer than 50 employees and more than 50 employees.

The web page also provides links to other useful information for small businesses, including a glossary of key health care reform terms, an interactive timeline with dates for when certain reforms will be implemented, a state-by-state breakdown of health care options, and how to learn more about specific tax provisions and regulations. Additional resources will be added as they become available.

 Small Business Tip:
Options Available for Selling
Property or Businesses

Do you own a business or commercial real estate? Did you know that you could sell your property or business and defer the taxable proceeds without doing a 1031 exchange? Did you know that you could sell your business or property and receive fixed, guaranteed income for as long as you want? Are you looking for an exit strategy? Are you ready to retire? Are you second or third generation owners that wants out the business or real estate market?

For more details, read the article "IRS Code 453: Deferring Proceeds". (PDF, 115KB, Source: Colorado Real Estate Journal)

Contact Us
For more economic or urban renewal information, please contact city Economic Development Manager and NURA Executive Director Debbie Tuttle at dtuttle@northglenn.org or 303-450-8743.

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Debbie Tuttle | Economic Development Manager | 303-450-8743 | dtuttle@northglenn.org
City of Northglenn | 11701 Community Center Drive, Northglenn, Co 80233 | 303-451-8326