Lockheed Martin, based in Littleton, has received a $509.8 million modification (P00181) to a previously awarded contract (FA8807‐18‐C‐0009) for Global Positioning System III Follow-On Space Vehicles 21 and 22, according to the U.S. Department of Defense. This modification raises the total cumulative value of the contract to $4.1 billion. Work under this contract will take…more
The former Red Lobster building located at 4455 Wadsworth Blvd, Wheat Ridge, CO 80033, has been listed for sale at a price of $4,100,000. The property was added to the market on May 21, 2025. This retail property, which encompasses 7,738 square feet, is available at a price of $529.85 per square foot. Built in…more
Vail Resorts Inc. (NYSE: MTN) has apppointed Rob Katz as CEO, succeeding Kirsten Lynch, who has stepped down from the role and as a director of the Board. Lynch will continue in an advisory role temporarily to ensure a smooth transition. Bruce Sewell, lead independent director of the Board, said, “As Vail Resorts continues to…more
A mixed-use property located in the heart of Morrison recently went on sale with an asking price of $15,000,000. The property includes two locations: 401-417 Bear Creek Ave and 109 Mill Street. According to the Jefferson County Assessor’s Office, the current owner of the property is Morrison Venture IV LLC, registered with the Colorado Secretary…more
Aventia, a Lakewood-based platform providing environmental service solutions, has acquired Habitat Management Inc. (HMI), a firm specializing in natural resource management and ecological consulting. The financial terms of the transaction were not disclosed. Based in Englewood, Colo., HMI has decades of field experience and project management expertise, focusing on environmental projects, land reclamation, permitting and…more
A residential property at 6093 Willowbrook Drive in Morrison, Colorado, sold for $1,900,000 on May 27, 2025. The single-family home features a total building area of 2,485 square feet. In recent months, there have been 36 other sales of similar properties in Morrison, with an average sale price of $1,057,246. These homes had an average…more
Jefferson County saw a spike in SBA-backed lending in 2024, with 49 lenders issuing a total of $129.9 million in loans — up 45.8% from $89.1 million in 2023 — according to the 2025 Jeffco SBA Lenders List, based on data from the U.S. Small Business Administration. The sharp increase highlights growing economic momentum for…more
RFK Racing has reported a multi-year partnership with Trimble Inc., the Westminster-based technology company serving industries including construction, geospatial and transportation. The collaboration will begin in the 2025 NASCAR season, featuring Trimble’s primary sponsorship on Ryan Preece’s No. 60 Ford Mustang and Chris Buescher’s No. 17 Ford Mustang, starting with the Nashville Superspeedway race on…more
On Monday, May 19, the City of Westminster, along with the cities of Aurora, Arvada, Glendale, Greenwood Village and Lafayette, filed a lawsuit against the State of Colorado and Governor Jared Polis. The lawsuit challenges two recently passed state laws — House Bills 24-1313 and 24-1304 — on the grounds that they may conflict with…more
Ball Corp. (NYSE: BALL) reported that Chief Financial Officer Howard Yu will step down from his position effective June 30, 2025, under a mutual agreement with the company. The company clarified that Yu’s departure is not related to any disagreement over accounting practices, financial reporting, internal controls, or operations. “We appreciate Howard’s contributions during his…more
Midwest Plumbing Co. LLC has reported the opening of a second office in Lakewood. The company states that the new location is intended to enhance service coverage across the Denver metropolitan area. Established in 2021 by James Stanley, Midwest Plumbing is based in Westminster and provides residential and commercial plumbing services. The company highlights its…more
Pinkard Construction has hired Eric Kellstrom as senior superintendent. Kellstrom joins the company after a successful field management career with two large national construction firms in the Denver area. “We are ecstatic to add Eric’s great construction background and strong leadership skills to our field management team,” said Tom Alford, COO of Lakewood-based Pinkard. “Eric…more