A proposed $7.1 million transaction is expected to expedite the construction of a new hospital in Grand Junction while providing more space for a growing college campus. The presidents of Community Hospital and Mesa State College announced a deal in which the hospital will sell its 8-acre site along 12th Street to the college. The […]
U.S. job growth slowed in June with only a meager gain in payrolls and a slightly higher unemployment rate. According to the latest Labor Department estimates, nonfarm payrolls grew 18,000, the smallest increase in nine months. The jobless rate edged up a tenth to 9.2 percent, the highest rate in six months. Initial estimates for […]
Real estate sales held steady in Mesa County during the first half of the year, but the combined dollar volume of those sales fell compared to the first half of 2010. The effects of large transactions skewed the numbers. But the median sales price of residential properties continued to drop in part as a result […]
A woman who left the private sector to oversee the operation of the Business Incubator Center in Grand Junction expects to soon return to her entrepreneurial roots. Chris Reddin announced her resignation as executive director of the center effective Aug. 5, ending nearly five years at what she once described as her dream job of […]
A monthly measure of business conditions in Colorado continued a seesaw trend in June with a more than eight-point retreat to its lowest level this year. While the Business Conditions Index has vacillated between gains and losses for the past four months, the outlook for at least one component of the index appears more promising. […]
The Grand Junction Housing Authority has been selected to participate in a program offering interest-free loans to homeowners at risk of foreclosure. The Emergency Homeowner Loan Program (EHLP) will provide nearly 1,000 Colorado homeowners an opportunity to apply for loans to help pay their monthly mortgage payments for up to two years or $50,000, whichever […]
A Grand Junction health insurance executive is among nine people appointed to a board that will oversee a new health benefits exchange in Colorado. Steve ErkenBrack, president and chief executive officer of Rocky Mountain Health Plans, will serve on the Colorado Health Benefits Exchange Board of Directors. Colorado Gov. John Hickenlooper announced the appointments. “The […]
Here’s a preview of a story that will appear in the July 14-27 print issue of the Business Times. Read the paper or check back online for more details. For people who’ve lived through the booms and busts of energy development in Western Colorado, the scenario sounds all too familiar. A small city experiences a […]
Western Colorado employers pay an average of 8 percent more for health care insurance compared to last year, according to the latest results of an annual survey. While employers continue to pick up most of the cost of health benefits and insurance premiums constitute a growing proportion of payrolls, employees are paying more for benefits, […]
Sales and use tax collections for the City of Grand Junction continue to follow a pattern the city manager forecast last fall for the first half of 2011. Whether or not a dire prediction for the second half of 2011 comes to fruition remains up for speculation. According to the city report for May, sales […]