Trammell Crow to head state-court building project
A team led by Trammell Crow Co. has been selected as project manager for the design and construction of Colorado Judicial Department and Colorado Historical Society facilities.
The organizations now occupy a city block between Lincoln Street and Broadway and East 13th and East 14th avenues, known as the Colorado Judicial Heritage Center. The Judicial Department and the Historical Society have outgrown their buildings.
Trammell Crow will team with Steinmann Facility Development Consultants, CRL Associates and LOA Architects to undertake a first-phase feasibility study.
Last year, the Urban Land Institute determined that the buildings did not meet the needs of either organization and recommended they work together to find a solution.
The Colorado Center of Justice is projected to house the Colorado Supreme Court, court of appeals, state-court administrator’s office, attorney general’s office, office of the public defender, Supreme Court library and other related services.
The Historical Society needs a new museum building to house its exhibits, collections and administrative offices, the Stephen H. Hart Library, the Office of Archaeology and Historic Preservation and the state Historical Fund.
DENVER
DIA fourth in on-time arrival performance
Denver International Airport ranked No. 4 among major airports in on-time arrival performance in April, according to the U.S. Bureau of Transportation Statistics.
Nearly 84 percent of April flights arrived on time in Denver, which ranked No. 19 a year earlier. For on-time departures, DIA ranked No. 12 in April, up from No. 25 last year.
NEW YORK
Adelphia receives OK to sell radio stock
Greenwood Village-based Adelphia Communications Corp. was given the green light by a bankruptcy court to sell shares it owns in a network radio company for $1.9 million.
An order Wednesday from the U.S. Bankruptcy Court in Manhattan allows the cable provider to sell 374,632 shares of common stock of Jones Media Networks Ltd. of Centennial.
DENVER
Shaw dealership gets national GM award
Mike Shaw Chevrolet-Buick- Saab was selected as a General Motors Dealer of the Year for 2005. The dealership is one of 110 dealers across the nation to receive the award.
Last month, Mike Shaw was also named a finalist in the American International Automobile Dealers Association’s 2006 AIADA Dealer of the Year award.
FREDERICK
RTD to retrofit 10 mall shuttles
UQM Technologies Inc., a Fred erick-based developer of alternative-energy technologies, announced Thursday it received an order from the Regional Transportation District to retrofit 10 of its of 16th Street Mall shuttle buses.
UQM said the buses will be retrofitted with a 35-kilowatt generator and two electronic motor controllers to control the operation of the electric-propulsion motors. RTD introduced its hybrid electric fleet in 2000, the first large-scale deployment of hybrid electric buses for transit use in the United States.
MONARCH
Ski area slated for $1 million face-lift
Monarch Mountain announced Thursday it plans to invest more than $1 million in capital improvements this summer.
The small ski area outside Salida plans to build a new rental shop and ski-school center, expand its dining room and add a Magic Carpet lift to its children’s teaching area.
DENVER
Xcel Energy program lessens peak demand
Xcel Energy announced Thursday it’s encouraging customers to help reduce peak electricity demand by enrolling in its Saver’s Switch program.
The program allows Xcel Energy, by remote control, to cycle central air-conditioning compressor units on and off for brief intervals, reducing electricity demand when temperatures are high. Nearly 65,000 Xcel Energy residential customers in Colorado have signed up. Participants receive an annual $25 discount on their electricity bills.
DENVER
IRS program steers refunds into 3 accounts
Hoping to encourage higher savings and more banking, the Internal Revenue Service announced Thursday it will create a new program to allow taxpayers who use direct deposit to divide their refunds among three financial accounts.
The IRS will create a new form, Form 8888, which will give taxpayers a choice of selecting one, two or three accounts such as checking, savings and retirement accounts. Taxpayers who want all their refund deposited directly into one account can still use the appropriate line on Form 1040.
CARACAS, Venezuela
OPEC’s oil output to remain steady
OPEC, pumping almost as much as it can amid soaring oil prices, decided Thursday to keep its output steady, rejecting suggestions by Venezuela to cut production.
Qatari Oil Minister Abdullah al-Attiyah told reporters of the decision after OPEC members finished a closed-door session that confirmed an earlier informal agreement not to alter current crude output.
WASHINGTON
All charges against Quattrone dropped
Securities-industry regulators have dropped all charges against former star technology banker Frank Quattrone over how his investment bank allocated shares of hot IPOs during the late-1990s Internet boom.
The National Association of Securities Dealers, which is the brokerage industry’s self-policing organization, withdrew the charges for procedural reasons. The ruling Wednesday by an NASD hearing officer was the third in a trio of legal victories for Quattrone.
WASHINGTON
Manufacturing slowed during May
U.S. manufacturing growth slowed last month and construction spending fell for the first time in almost a year, suggesting the economy may be losing momentum.
The Institute for Supply Management’s factory index fell to 54.4 in May from 57.3 the previous month.
Construction spending fell 0.1 percent in April after a 0.9 percent rise in March, the Commerce Department said. Residential building dropped 1.1 percent.
A separate report from the National Association of Realtors said pending home sales slid 3.7 percent in April.
