Northern Colorado News Briefs
October 2018 | September 2018 | August 2018
I-25 expansion between Johntown & Fort Collins
Work is underway on the I-25 expansion between Johnstown and Fort Collins. The I-25 North Express Lanes project will be done in three phases that will result in express lanes in each direction. To learn more about improvements being made to I-25 visit fixnorthi25.com.
Wellington downtown murals project
The Wellington Main Streets Program, a nonprofit organization, recently funded new murals that now adorn buildings in downtown Wellington. The mission of the organization is to promote, enhance and develop downtown Wellington. Committee members are already working with other building owners on ideas for future projects.
Berthoud TPC course to debut pro golf tour
The Web.com Tour recently announced they will debut a new tournament at the TPC Colorado Championship course in Berthoud. The event will be held in July 2019 with 156 players competing for $600,000. The players will be comprised of pro golfers who have not yet reached the PGA tournaments or who have played at the PGA level but haven’t won enough points to stay there. Click here to learn more at TPC Colorado: https://tpc.com/colorado/
Weld County ranks 5th for purchasing power
SmartAsset, a financial technology firm, recently released a study that compared cost of living as a percentage of median income to determine the purchasing power for different Colorado counties. Weld County ranked #5 with a score of 76.05. The cost of living was $38,995 and its median income was $62,820. Click here to check out the interactive SmartAsset Comparative Cost of Living Calculator: https://smartasset.com/mortgage/cost-of-living-calculator#colorado
Food Truck park to open in Evans
The Yard, a food-truck park, will be opening at 3520 S. 11th Ave in Evans. The park spans two-acres and includes a 2,949-square-foot restaurant building. The owners are converting the building into an entertainment and bar venue, which will feature local musicians, artists and craft beers.
Two NoCo UCHealth hospitals ranked best in Colorado
The U.S. News & World Report recently ranked the best regional hospitals in Colorado and two Northern Colorado UCHealth hospitals made the Top 10. The Medical Center of the Rockies in Loveland was ranked 5th in the state, and Poudre Valley Hospital in Fort Collins was ranked 10th. Regional hospitals were evaluated based on their performance in the adult specialty rankings analysis and by scores across nine procedure and condition areas. View the complete rankings at: https://health.usnews.com/best-hospitals/area/co
Colorado a Top 5 State for Business
CNBC.com recently released their report of America's Top States for Business 2018 and Colorado came in at #5. States were evaluated in each of the following categories: workforce, infrastructure, cost of doing business, economy, quality of life, technology and innovation, education, business friendliness, access to capital and cost of living. Colorado's best rankings came in for the workforce, technology and innovation, economy and quality of life. View the complete report at: https://www.cnbc.com/2018/07/10/americas-top-states-for-business-2018.html
BizWest releases 2018 Economic Profile & Market Facts magazine
BizWest recently released their 2018 Economic Profile & Market Facts magazine. The magazine serves as an introduction to the Boulder Valley and Northern Colorado region for those unfamiliar with the area as well as a data resource for business leaders making decisions about future growth. Click here to check out the magazine.
2nd Quarter Market Watch
Information and Real Estate Services (IRES), the Northern Colorado MLS, released the Q2-2018 Market Watch Report. In Weld County, the number of Closed Sales was up 13.8% while the Median Sales Price was up 5.5%, reaching $348,000. The Days on Market (DOM) for listings increased slightly by 1.6%, coming in at 61 days. In Larimer County, the number of Closed Sales was down by 8.0% while the Median Sales Price was up by 8.1%, reaching $410,000. Homes also sold a little more quickly in Larimer County, with the DOM for listings down 9.3% to reach 64 days.