Business

The future is now at the International Aviation Forecast Summit, where approximately 400 heavyweights in the airline industry have gathered at Denver’s downtown Hyatt Regency to discuss the trends travelers will be experiencing a few years from now. The event ends today, but Boyd International Group namesake Mike Boyd, the man behind the 23rd annual assemblage, offers insights about some of the changes headed our way, including the rise of supersonic aircraft from a company based in the Mile High City.

New data shows that median one-bedroom rents have actually gone down by a small amount in a handful of metro Denver communities on a month-to-month basis. But it’s a different story compared to this time last year. In twelve cities examined, rent costs are up in every one by this metric, half of them by double digits.

While tourists during the busy summer travel season typically pay close attention to ticket prices, most don’t consider costs related to the airports from which they’re coming and going. But a new analysis shows there are big differences in terms of expenses from one facility to another, with Denver International Airport winding up as one of the ten best big-city values in the country.

Denver City Council is about to consider a five-year affordable housing plan. Before a scheduled reading on August 20, we caught up with Councilmember At-large Robin Kniech, who has been the council’s representative on the Mayor’s Housing Advisory Committee and has seen a lot of the considerations – and challenges – in putting the affordable housing plan together.

A recent study reveals how much money is required to break into the top 1 percent by income in cities and counties across Colorado, and the numbers at the top of the charts are eye-popping.

Alleged marijuana fraudster Scott Pack’s attorneys argue that he shouldn’t have to face a lawsuit accusing him of fraud until the conclusion of a criminal case that was originally scheduled to take place in June but has now been put off until May 20, 2019.

A recent study determined that home affordability in Denver was the second-worst in the country. But new data shows that consumers who otherwise might not be able to purchase a home in the area can still do so if they look in one of nine Denver neighborhoods that offer the best bang for the buck.

Last month, metro Denver rent prices hit new heights, with no end in sight. So it’s a pleasant surprise that the latest data shows a moderating of rates across the Mile High City and its closest neighbors. Indeed, the costs in several places are actually lower now than they were at this time last year, making them relative bargains by comparison with the communities nearest them.

There is a growing movement in Colorado and other parts of the United States to establish public banks that are owned and operated by local governments, offering a financial alternative to large, powerful Wall Street banks.

A recent study demonstrates how enormous the gap is between those with incomes in the top 1 percent and the other 99 percent in cities and counties across Colorado.

According to one real estate expert, a rising number of Denver metro-area entrepreneurs have moved beyond house-flips to tear-downs, an increasingly lucrative practice that entails purchasing a home, destroying it and building a new, higher-priced structure in its place.

In recent weeks, we reported that metro Denver rents had hit new heights with no end in sight. But the scale of these increases remains surprising, and worrisome, too. Indeed, a new report reveals that the price of renting a one-bedroom apartment in Denver went up by a higher percentage from month to month than any other city in the country.

More evidence that the economic impact of marijuana goes far beyond the sale of cannabis products: A Denver-metro company is now marketing a brand of paint specifically designed to cover up the smell of pot smoke.

A new report reveals that Denver is among the major cities with the most rent fraud. The main reasons include the number of transplants moving to the area who pay for an apartment before even seeing it.

Toxoplasma gondii, a parasite found in cat feces, may be influencing humans to take more risks in business ventures.

Last month, pilots for Denver-based Frontier Airlines declared that they were 100 percent ready to strike even though they’re currently precluded from doing so by federal law. So yesterday, their union, the Air Line Pilots Association, did the next best thing, filing a lawsuit asking that a U.S. District Court judge force the carrier to actually try to resolve a situation that’s gone to bad to worse.

Pay is so low for many people working for Frontier Airlines that sources refer to many Denver International Airport gigs as “Cup o’ Noodles” jobs, because that’s the only thing employees can afford to eat.

Lisa Gonzalez and her family of seven recently moved into a Habitat for Humanity home at Sheridan Square, a 63-home development off of South Federal and Dartmouth.

This week, Denver is launching a major reconstruction project on Federal Boulevard from West 7th Avenue to West Holden Place that’s 23 years in the making.

The Grand Junction Daily Sentinel has announced that on August 13, it will stop publishing physical versions of its work on Monday and Tuesday in favor of e-editions online.

On July 24, Denver’s Landmark Preservation Commission was scheduled to consider a proposal by Denver Arts & Venues to make significant changes to the planter boxes placed along the edges of the seating section at world-renowned Red Rocks Amphitheatre. But days before the session, officials canceled the presentation in the face of opposition from the nonprofit citizens group Friends of Red Rocks and plenty of others.

Veronica Collin, a house flipper and head of Fresco Real Estate, offers insights taht collectively form a de facto guide to house flipping in Denver circa 2018.