Posted inNews

The Western Slope economy was already improving. Then Opportunity Zones added a power boost.

MONTROSE — David Dragoo leans over a balcony of the new headquarters for his Mayfly Outdoors. Inside, workers are forging high-end fly-fishing equipment. Outside, earth movers crawl across a dusty tract near cyclists leisurely pedaling along the lush banks of the Uncompahgre River.  “Ten years ago, it just wasn’t cool to be here. It didn’t […]

Posted inBusiness, News, Outdoors, Politics and Government

Powderhorn ski area uses Opportunity Zone tax credits to lure deep-pocketed investors

Big investment is on tap for Powderhorn Mountain Resort, with its owners hiring a longtime resort management company to take over operations and enlisting deep-pocketed investors to help fund upgrades at the 52-year-old ski area above Grand Junction. Powderhorn owners — Denver’s Gart brothers Ken, John and Tom and resort veteran Andy Daly — last […]

Posted inBusiness, News, Politics and Government

The massive GOP tax bill created a powerful incentive to invest in distressed communities — including one in Boulder

Not too far from the new Google campus in Boulder, an aging strip mall is in need of a makeover. Redevelopment of Diagonal Plaza has been tried before. A Walmart Neighborhood Market, for example, popped up in 2013 but closed last year. Now, there’s a renewed effort to invigorate the shopping center, Google’s neighborhood and […]