Close Menu
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Chase CEO Jamie Dimon says markets are too complacent

May 20, 2025

Pakistan denies Indian claim of using Shaheen missile in Operation Bunyanum Marsoos

May 19, 2025

Alphabet Waymo approval to expand driverless ride-hailing to San Jose

May 19, 2025
Facebook X (Twitter) Instagram
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us
Facebook X (Twitter) Instagram Pinterest Vimeo
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports
Nabka News
Home » What developments and improvements does the future hold for Colorado Avenue? | Jobs
Business

What developments and improvements does the future hold for Colorado Avenue? | Jobs

i2wtcBy i2wtcApril 28, 2024No Comments7 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


Colorado Avenue has recently seen a growth of active businesses, especially those that offer social gatherings. What will the city look like in the next five years?

A collaboration between the City of Grand Junction, organizations such as the Downtown Development Authority (DDA) and Business Improvement District (BID), business owners and residents has focused on Colorado Avenue as an extension of the Main Street experience. .

“It’s starting to feel like a downtown with a lot of different interesting places,” said DDA Executive Director Brandon Stam. “If you look at Colorado Avenue, a lot of the businesses and developments that have sprung up there have a different kind of character than those on Main Street, like the Rumblevine or the Melrose Hotel or Cruise Control. In my mind. Inside, the two streets come together and feel more vibrant.”

Mayor Anna Stout praised the collaborative process over the past five years that has led the city to focus on ways to ensure that the downtown feel is more than just Main Street.

“When we engage the community to develop these plans, we find that we are thriving not only on Main Street downtown, but south of Main Street and even north of Main Street,” Stout said. . “We are seeing an expansion from the heart of Main Street into neighborhoods, thereby creating even more attractive places to visit, live and spend time. It has all been a strategic priority for City Council for many years. This contributes to improving the quality of life.”

As we look to the future of Colorado Avenue, there are priorities that the City, DDA, and BID must address to achieve the ideally revitalized area, especially with long-term projects like the Terminal on the horizon.

Areas of improvement

While some businesses have found success on Colorado Avenue and others have welcomed loyal customers, problems persist for some businesses and the street as a whole.

Byrne Boutique moved from Fruita to 441 Colorado Ave. last year after business slowed. The relocation did not result in an increase in customer traffic as expected.

“I don’t know if it’s just because a lot of our customer base is in Fruita, or because we do a lot of things online, or because people didn’t want to come to the store on Colorado Avenue. ” Brooke Brennan said. , manager and employee of Barn Boutique. “Our management has also reached out to some other owners and found that many locations are having a hard time getting people in the door and keeping people in the door. .”

Brennan added that the store hopes to see more activity along Colorado Avenue with summer and warmer weather.

Zesty Moose also doesn’t see much walk-in traffic from people who frequent Rumblevine Brewing Company and other watering holes. Most of Zesty Moose’s business is done online, and the company started as his online-only business in 2007 and has remained his business online for most of its history. It also has loyal in-person customers, but the store’s focus is on wine; Some empty storefronts limit the store’s appeal to people simply passing by.

“Rumblevine is doing really well. They’re busy. But that’s not really my demographic,” said Diana Tap, CEO and founder of Zesty Moose. “We’ve found that the beer drinkers aren’t going to support us. There’s a winery there too, but they’re not wine drinkers just because Rumblevine is there. No foot traffic. I haven’t seen an increase on Colorado Avenue. My demographic is definitely not young people who are retired and have money to enjoy a good glass of traditional wine. I am an elderly person.”

empty space

As Tapp himself pointed out when speaking to the Daily Sentinel, there are several vacant storefronts along Colorado Avenue, including the former space for Loki Outdoor Shop and Mutual Friends, which moved to Main Street. These vacant storefronts can play a role in thriving businesses nearby, despite low foot traffic.

City leaders have touted communication in the process of building a more vibrant Colorado Avenue. Tap believes there is room for improvement in terms of communication.

“I think Colorado Avenue has a lot of potential,” Tapp said. “I think it’s important that the DDA and the City of Grand Junction can improve communication with downtown businesses. We all need to work together to keep downtown vibrant and attractive and attracting visitors.”

Asked about these vacant spaces, Stamm said the DDA is encouraging grants, such as restaurant renovation and expansion grants, as an incentive for prospective business owners to move downtown.

“I think part of the challenge is some of the empty space on Colorado Avenue that needs investment,” Stam said. “Some of those spaces are industrial, and it can be expensive to bring them up to code for new uses. So how do we encourage those redevelopment opportunities? It was a strategy: We bought the old Greyhound (station) with the intention of redeveloping that space.”

long term outlook

The old Greyhound station between Colorado and Ute streets is slated to become a terminal within the next few years. The terminal will be a 100,000-square-foot, six-story, mixed-use, mixed-income complex with 90 to 100 residential units, art galleries and studios, and “highly artisanal” food and beverage options.

A Colorado Department of Transportation (CDOT) mobility hub and renovated Union Station depot will also join the downtown Grand Junction fabric in the coming years. Each of these projects should have an impact on Colorado Avenue and its businesses, but it’s still unclear what that impact will be.

“There’s no question that a lot of the areas south of Main Street and south of Colorado are starting to revitalize and are in disrepair right now,” Stout said. “When you start revitalizing these areas and start getting people there for cool things like really cool Union Station or a nice Space to Create project or bringing people in directly through a mobility hub, you do The thing is you start to revitalize that whole area, and you start to see a domino effect during development, which leads to jobs and generally more development opportunities, and entrepreneurs to take root there. can be seen.

“Having a broader community vision of what this part of our community is like allows individual dreams to take root as well.”

Another wild card in the future of Colorado Avenue, and downtown Grand Junction as a whole, is the fate of the former Wells Fargo site at the corner of Main and Fourth Streets. This vast vacant lot also includes the largest space in downtown Grand Junction. Most convenient parking lots available.

Stout said the building is not being occupied by a “sticky establishment” because it serves no purpose in keeping people downtown. She also said that because most people can do their banking on the go and the space was being used as a bank, the part of the main street that should have been occupied by the store ended up being occupied by a brick wall. said.

“Certainly, we hope it will be something that will further revitalize downtown. That asset was not being utilized to its full potential as a bank as it stands,” she said. “If you think about downtown, these stores are meant to drive economic activity, like bringing people in to restaurants and retail and activities. That’s the idea behind Main Street. As a place to come together for an experience. Given how large its footprint is, it contributes significantly to downtown’s TIF (tax increment financing), and those TIF dollars are reinvested into downtown through the BID and DDA. Masu.”

There is a potential buyer for the property, but details about the buyer are not available at this time. The city of Grand Junction did not purchase the land because it would eliminate the property taxes that would go into the Downtown TIF from that site.

Stamm said parking at the back of the building could be subject to a shared-use agreement with a new tenant. He added that improvements planned for Fourth and Fifth avenues will make the Colorado Avenue area feel “more pedestrian and mixed-use.”

“Parking in Colorado is a bit of a double-edged sword because it actually negatively impacts some of the business activity in Colorado,” Stamm said. “It’s better for Main Street. Ideally, in the future, perhaps somewhere, there will be another structured parking solution that can accommodate multiple uses.”



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
i2wtc
  • Website

Related Posts

Business

Chase CEO Jamie Dimon says markets are too complacent

May 20, 2025
Business

Netflix to stream Sesame Street episodes later this year

May 19, 2025
Business

How climate change could hit your credit score

May 19, 2025
Business

Novo Nordisk bets on new CEO to regain weight loss drug edge over Eli Lilly

May 19, 2025
Business

Mortgage rates cross back over 7% after U.S. credit downgrade

May 19, 2025
Business

Paramount ousts CBS News CEO Wendy McMahon

May 19, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Chase CEO Jamie Dimon says markets are too complacent

May 20, 2025

Swimming at the 2023 World Aquatics Championships Preview

January 5, 2020

21 Best Smart Kitchen Appliances 2024 – Smart Cooking Devices

January 6, 2020

World Music Day 2023: What Is It and Why Do We Celebrate It?

January 7, 2020
Don't Miss

Regeneron buys 23andMe for $256m after bankruptcy | Business and Economy

By i2wtcMay 19, 20250

Sale of genetic testing company raises concerns about privacy of 23andMe’s 15 million customers.Regeneron Pharmaceuticals…

Measure targeting pro-Palestine NGOs disappears from US tax bill | Politics News

May 19, 2025

Project Esther and the weaponisation of Zionism | Opinions

May 19, 2025

Biden’s prostate cancer: What happened, how serious is Gleason score 9? | Health News

May 19, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to NabkaNews, your go-to source for the latest updates and insights on technology, business, and news from around the world, with a focus on the USA, Pakistan, and India.

At NabkaNews, we understand the importance of staying informed in today’s fast-paced world. Our mission is to provide you with accurate, relevant, and engaging content that keeps you up-to-date with the latest developments in technology, business trends, and news events.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Chase CEO Jamie Dimon says markets are too complacent

May 20, 2025

Pakistan denies Indian claim of using Shaheen missile in Operation Bunyanum Marsoos

May 19, 2025

Alphabet Waymo approval to expand driverless ride-hailing to San Jose

May 19, 2025
Most Popular

Spring scenery across China-Xinhua

March 19, 2025

Asia remains key growth engine for global economy-Xinhua

March 25, 2025

Foreign auto brands seize growth opportunities in China-Xinhua

March 31, 2025
© 2025 nabkanews. Designed by nabkanews.
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us

Type above and press Enter to search. Press Esc to cancel.