1-24-19 Villager Progress & Trends 2019

VOLUME 37 • NUMBER 9 • JANUARY 24, 2019

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“This economic recovery started 18 months ago; the Great Recession, from a fundamental economy standpoint lasted from 2007 to 2016.”

– Jay Davidson First American State Bank

“This year Council will continue to implement master plan goals and strategies and preserve the open and semi-rural character of our beautiful and friendly singlefamily residential community.”

Russell Stewart Cherry Hills Village mayor

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@VillagerDenver

“Seeing projects come to life, such as Colorado Open Labs, proves partnerships are beneficial, enhance the region’s innovation capabilities, and lead the way for greater impacts on the communities in which we live and work”

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“Greenwood “The City of Athletic and “A new year Centennial Tennis Club marks an anticipates a prides itself, not exciting time for Greenwood busy 2019 which only on promoting Village to includes working health and fitness establish goals with our regional to our members, and prepare for partners on smart but also on being the work that city initiatives, a training facility lies ahead on implementing for various fitness those issues programs to help professions.” which citizens Erin have indicated us be future ready Barbara Lubbers Schneiderman Greenwood Athletic and are of utmost and continuing to Denver South EDP importance to Tennis Club acknowledge their quality of the importance of “In 2019 Centennial Airport will life.” being an inclusive mostly be focused on engineering Ron Rakowsky and design projects, as well as community.”

Greenwood completing our Master Plan study.”

Stephanie Piko Village mayor

South Metro Denver Chamber hosts economic policy leaders

This week The Villager is publishing a special section, Progress and Trends, incorporated with theCorridor.biz on progress and trends from area businesses.

Those involved in the section range from the Denver South EDP to RTD and cities covered by The Villager. All were asked a question on what they see

TheVillagerNewspaper

ahead for 2019. Next week the section will continue with additional businesses and more trends for the coming year. theCorridor.biz has been a feature in The Villager for several years. By adding the Progress and Trends report at regular intervals we will be able to bring readers more information from local business leaders on what they see on the horizon.

Robert Olislagers Centennial Airport

City of Centennial mayor

Henry Sobanet here were 300 business and government leaders that came to CU South Denver in Lone Tree Jan. 18 to hear highly respected local experts Henry Sobanet and J.J. Ament present a 2019 economic forecast for our state.

Sobanet, chief financial officer of the CSU system, was formerly director of the Governor’s Office of State Planning and Budgeting under Gov. John Hickenlooper and earlier under Gov. Bill Owens.

He began with a presentation of changing age group projections. Between

2018 and 2025, Colorado’s population is projected to grow 11 percent, but 65 to 74-year-olds will increase 23 percent and the 85+ age group will increase 22 percent, resulting in the state’s overall population being heavily skewed to the reContinued on page 7

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Progress and trends in theCorridor.biz

Continued from Page 1

-tired and the aged, who use the largest share of health care services.

Although general fund revenues have grown steadily and will continue to do so, constitutional amendments approved by referenda through the years have limited the ability of the state Legislature to affect a large component of general fund revenues.

Before the passage of the Gallagher Amendment of 1982, the state provided one-third of the cost of K-12 education, with local governments providing two-thirds. Mostly as a result of Gallagher, those numbers are reversed. Similarly, 25 years ago the state paid 18 percent of the cost of higher education at Colorado’s public colleges and universities. Today the state provides half that amount, because there are fewer dollars left after legally-mandated spending in other areas like K-12 education.

Sobanet presented a piechart showing that health and human services absorbs 34 percent of the state’s general fund budget, 36 percent goes to K-12 education, 12 percent is spent on judicial/ corrections, and 9 percent to higher education, leaving only 9 percent for everything else. Most people have heard that the state’s Department of Transportation has a $9 billion list of road projects awaiting funding. It was intended that transportation needs be funded by the state gasoline tax. That tax was set at 22 cents per gallon when it was passed in 1991. The Taxpayer Bill of Rights (TABOR) was approved by the voters a year later.

Elected officials are generally disinterested in promoting tax increases, because they want to be re-elected, so the gas tax has never been raised in the 28 years since, while cars have become increasingly fuel-efficient. That has resulted in fewer gallons of gasoline being purchased, while road-building costs have only increased. According to Sobanet, if the gas tax had been indexed to inflation, it would be 42 cents per gallon today.

J.J. Ament

Former chair of the Colorado Economic Development Commission, J.J. Ament is now CEO of the Metro Denver Economic Development Corporation (EDC). He told the business and government leaders that “the employer-employee relationship has been turned upside down today.” Employers must seek out talent and locate their operations where employees want to live. That’s good for the Denver area, where Denver International Airport has become the largest economic contributor to the region because it has more direct flights to different cities than any other American airport, including those in Chicago and Dallas.

He talked about the collaborative economic development efforts by cities and regions in our state, where they do not compete with one another for new businesses.

He noted that that was the greatest strength of the Metro Denver EDC, which is private, not associated with government. It works for everyone, said Ament, because it is designed to benefit everyone statewide, based on the belief that “companies know which area of the state is the right place for them.”

Though his organization put together the proposal for Amazon, Ament pointed out many ways that Colorado reaped great economic benefit from it by the visibility and attention it garnered, even though we didn’t get Amazon.

Challenges to attracting new companies to metropoli-

Jackie Millet

tan Denver are the availability and especially the cost of housing, which is rising much faster than wages, and the inability of the state to keep up with its infrastructure needs, primarily roads and alternative transportation methods. fmiklin.villager@gmail. com

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It is easy to see why funding roads in Colorado, to say nothing of multi-modal transportation, has become such a challenge. When business leaders put forth a referendum to increase sales tax by 0.62 percent last year to fund both road-building and multi-modal transportation, the Independence Institute proposed a competing amendment that didn’t provide new revenues, but didn’t include new taxes.

Voters apparently didn’t want to pick sides and rejected both proposals, leaving state government right back where it started.

Lone Tree Mayor Jackie Millet told the crowd that she believed that the sales tax proposal would have passed if the competing amendment had not been on the ballot.

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PAGE 8 | THE VILLAGER • January 24, 2019

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Progress & Trends 2019

What is on the agenda for Arapahoe County in 2019?

BY NANCY SHARPE - ARAPAHOE COUNTY COMMISSIONER

In 2019, Arapahoe County will have several areas of focus.

A major area will be creating greater awareness of the wide range of services that the county provides. Many people are aware that the county collects and shares back an open space tax with cities, assesses property for taxes, collects taxes, runs elections, processes requests for license plates, drivers licenses and title work.

But the county also provides significant funding for transportation projects, plowing and maintenance of hundreds of miles of unincorporated roads, operates a jail with an average daily population of 1,100

Nancy Sharpe

inmates, operates a sheriff’s department, provides child and adult protective services,

determines eligibility for Federal social services programs, maintains the Arapahoe County Justice Center, provides veterans services and much more. To increase awareness, the county will be hosting telephone town halls and will be asking questions through social media like NextDoor. Hopefully, citizens will take a few minutes to provide feedback on the services that are most important to them and how the county is performing.

Another area that is very important is traffic congestion. We know that citizens want to make transportation improvements that can reduce that congestion.

Arapahoe County now has a county-based transportation forum that includes Arapahoe County and the cities that are part of Denver Region Council of Governments. Representatives from the county and cities have been working collaboratively to support transportation projects that are regionally significant in our county. This collaboration means that city and county funds can be focused on the highest priority projects allowing travelers to get to their destinations faster and stretching taxpayer dollars farther.

What projects are on your agenda for 2019?

BY RON RAKOWSKY - GV MAYOR

A new year marks an exciting time for Greenwood Village to establish goals and prepare for the work that lies ahead on those issues which citizens have indicated are of utmost importance to their quality of life. The city council, city manager, staff, and I will continue to protect our collective values all of us take pride every day through our work and service to the Village community. Through collaboration with residents and businesses, the city council and I are committed to maintain the safety, appearance and cleanliness of the Village.

Ron Rakowsky

We will continue to provide the best parks and enjoy arts and recreation programs.

We will maintain a high

quality, built and natural environment, and keep the Village well organized and easily traveled. Lastly, we will work to ensure our organization excels in excellence and customer service to meet the needs of the citizens of Greenwood Village.

Some of the main issues and/ or projects we will be addressing in 2019 include: • Improve Greenwood Gulch Trail Crossing at Orchard Road;

• Address crime and traffic concerns through direct resource patrolling; • Improve the cleanliness of parks and trails including increased recycling; • Update and improve the Greenwood Village Sign Code: • Revise Drainage Criteria Manual; • Initiate Arapahoe Road Corridor Planning:

Pharmaca What is on the agenda for Denver South EDP in 2019? Integrative

BY MIKE FITZGERALD - DENVER SOUTH EDP PRESIDENT/CEO

Denver South EDP is looking forward to heading into 2019 with big plans around key areas as we continue to make Denver South an incredible place to live, work and play.

First, business retention.

Our current businesses, both large and small are the lifeblood of our region. We at Denver South EDP want to ensure we continue to make those that are here feel welcome and appreciated in our region.

Second, business attraction. As an economic development organization, we want to continue the region’s success by identifying and seeking out businesses who are the right fit for our region, including small, startup, and relocating businesses.

Next, innovation. We believe helping our community develop the right conditions

Mike Fitzgerald

for new businesses and innovations to be created and supported in the region are keys to success. By leveraging the regional resources and assets to identify and tackle current and future challenges we can move forward as a model for communities across the state, country and even globally.

Seeing projects come to

life, such as Colorado Open Labs, prove partnerships are beneficial, enhance the region’s innovation capabilities, and lead the way for greater impacts on the communities in which we live and work.

We will continue to be a part of the Colorado Smart Cities Alliance, dedicated to fast-tracking development of Smart Cities and Smart Regions throughout the state of Colorado.

Lastly, transportation. We will be approaching 2019 planning for the future.

We are actively embracing opportunities to put forth a vision for how we deal with the mobility challenges and opportunities facing the corridor.

Throughout all these areas the continued keys to success will be to leverage public-private partnerships and build on our one-of-a-kind collaboration with the local jurisdictions.

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Pharmaca’s model also includes complete prescription compounding services.

Working closely with patients and their physicians, our pharmacists can create customized dosages and delivery methods of common prescription such as hormone and thyroid therapy, pain relief, dermatological compounds and more.

Pharmaca also relies heavily on the practitioners who staff their stores, including naturopathic physicians, herbalists, estheticians, nutritionists among others. These practitioners offer customers expert guidance on the store’s collection of dietary supplements,

A continued focus will be on maintaining an environment that encourages businesses to locate and grow in Arapahoe County providing robust job opportunities. That means quality services, safe communities, transportation improvements, affordable housing, only to list a few. Finally, the county must partner with community organizations for solutions to a growing homeless population in suburban areas, eliminate child abuse and neglect and deal with mental illness.

By listening to and working with our citizens and business leaders, Arapahoe County will retain our high quality of life and remain the best place to live and work.

• Provide additional arts and recreation opportunities; • Complete the Transportation Plan; • Complete I-25 and Belleview Avenue Interchange Improvements Study; • Begin construction of the new maintenance facility; • Complete Belleview Median Improvements; • Identify opportunities to engage with citizens and business partners to strengthen connections and enhance relationships; and • Increase citizen access to online services. vitamins, herbal formulas and homeopathic remedies. And they make it possible for every customer to feel that they’ve received customized advice — and can walk out the door confident that they’ve purchased the best products for their particular health concern.

The presence of practitioners in the store means that Pharmaca is able to carry professional brands that are not often found outside a physician’s office. In addition, all vitamin and supplement formulas on store shelves must comply with Pharmaca’s strict Quality Assurance Guidelines to ensure that they are continually tested for purity and effectiveness.

Pharmaca complements its health and wellness offering with a broad selection of natural skin care and beauty products that help customers make healthy choices inside and out.

Pharmaca also offers unique gifts, eco-friendly home supplies, aromatherapy and organic snacks and drinks.

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PAGE 10 | THE VILLAGER • January 24, 2019

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Progress & Trends 2019 What projects are on the CHV agenda for 2019?

BY RUSSELL STEWART CHERRY HILLS VILLAGE MAYOR

The City of Cherry Hills Village is pleased to report on current projects and anticipated initiatives in 2019. This year council will continue to implement master plan goals and strategies and preserve the open and semi-rural character of our friendly single-family residential community. Besides CHV inaugurating the new $4.2 million city hall and the adjoining Joint Public Safety Facility other goals are: Fiscal discipline: CHV will consider forming a finance/budget committee with citizen representation to oversee debt repayment and budgeting within constraints of the city’s current revenue sources, and explore possibilities for funding plans for undergrounding utilities.

Building and Zoning: CHV has completed a strategic assessment of its zoning code and will consider extensive amendments to make regulations easier to read, use and enforce.

Public safety and traffic: CHV has joined with Arapahoe County and surrounding municipalities to “go live” with a records management system to save

Tennis courts abound at GWAC.

money and enhance public safety by allowing different agencies to share real-time information on cases, reduce criminal booking and intake time, and increase the efficiency of public safety resources. Cherry Hills will join with Greenwood Village to install a long-needed traffic light at the intersection of Belleview/Steele, which will provide relief to residents coping with increased traffic congestion. A citizens group will work with P&Z to implement the master plan strategies for easing traffic and improve safety on residential streets.

Preservation: Quincy Farm is a 17.5-acre historic jewel in the heart of CHV reserved for preservation, education and agriculture uses. Master planning encouraging public input for staffing, programming ideas, and fundraising options is in process. CHV will also partner with Denver and Arapahoe Counties for construction of the High Line Canal underpass at Hampden/Colorado.

CHV will also work with the High Line Conservancy and adjacent municipalities on Phase II of the framework/vision plan, and with Urban Drainage on stormwater modeling.

What changes does Centennial’s have planned for 2019?

BY STEPHANIE PIKO CITY OF CENTENNIAL MAYOR

Lounge by the pool at GWAC in 2019.

What trends do you see in athletic clubs in 2019?

BY BARBARA LUBBERS GREENWOOD ATHLETIC AND TENNIS CLUB

Greenwood Athletic and Tennis Club prides itself, not only on promoting health and fitness to our members but also on being a training facility for various fitness professions. Our pilates director, Sara Talbert, has been a Peak Pilates Master Trainer for many years offering Peak Training Levels 1, 2 and 3 for pilates instructors. A 200-hour yoga teacher training has also been offered in past years.

In 2019, GATC will offer two 30-hour yoga intensives uniquely created for the GATC community with another yoga teacher training in 2020.

New to GATC this year is our NASM (National Academy of Sports Medicine) training course, taught by NASM master trainer, Vic Spatola. This 10-week course with hands-on and classroom training that prepares people to successfully complete the NASM exam and become a certified personal trainer.

Paula Neubert, President and General Manager of GATC

The City of Centennial anticipates a busy 2019 which includes working with our regional partners on smart city initiatives, implementing programs to help us be ready for the future and continuing to acknowledge the importance of being an inclusive community. Here are a few things to anticipate in 2019.

Centennial will continue to work on a variety of smart city initiatives including the deployment of innovative technology to improve traffic flow by installing 64 closed circuit cameras for real-time traffic monitoring. The implementation of Intelligent Transportation System (ITS) is an integrated communication system that connects to the city’s fiber network and Traffic Operations Center.

Centennial looks forward to continuing to work with Greenwood Village and Lone Tree to create a connected, data-driven, multi-jurisdictional traffic management plan for Yosemite Street between Lincoln and Belleview.

The overall goal is to promote efficient and safe traffic flow throughout the three cities.

With the recent completion of our 50+ mile, underground fiber optic backbone, Centennial looks

forward to working with existing and new broadband providers to tie into this new infrastructure with the goal of providing competitive choices and services for the city’s residents and businesses.

Something of note is Centennial’s projected senior population in 2030 is 17 percent higher than the national average. Therefore, residents can expect ongoing education about “Aging in Community” in 2019, with a focus on housing and universal design.

All of this coincides nicely with Centennial’s partnership with Xcel Energy in the creation of an Energy Action Plan that outlines steps for energy efficiency in the community.

This year will also focus on strengthening our Centennial community. In 2018, the council adopted a Community Value Statement expressing the importance of being an inclusive community. The city will continue to share this statement along with local resources to improve mental, physical and emotional health.

We recognize that a strong community is made up of people who invest in their mental and physical health as well as engaging with their community.

As you may imagine, there are many other projects and programs the city looks forward to in 2019.

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What is on the agenda for Cherry Creek Schools in 2019?

BY SCOTT SIEGFRIED CCSD SUPERINTENDENT

Cherry Creek Innovation Campus

It is an exciting time to be a part of the Cherry Creek Schools community. As part of my Strategic Alignment Process, district leaders are working collaboratively with community and parent input to set measurable objectives in key areas that most impact student learning and success. Those goals and the strategies aligned with them will be presented by the superintendent and his leadership team in the coming months.

Additionally, CCSD is making good on its commitment to bringing innovation to every corner of the district, thanks in large part to the generous support of voters for the 2016 bond measure. Here is a look at which bond projects are nearing completion in 2019.

The Cherry Creek Innovation Campus is well on its way to opening its doors this fall. The state-of-the-art, 117,000-squarefoot facility located east of Dove Valley Regional Park will serve as a unique resource for 11th- and 12th-graders from across the district. The CCIC will host a wide array of immersive, professional-based programs, a curriculum designed to give high school students in the Cherry Creek School District practical experience in fields ranging from aviation to hospitality to entrepreneurship. The building will offer a bridge to professional, practical learning; it will offer access to real-world skills and immersive education.

For more information, visit ccic.cherry creekschools.org.

Innovation spaces

Elevate Cherry Creek

Innovation projects are happening across the district, providing learning environments that nurture creativity and build innovative mind-sets. The district has completed the first 15 innovation space projects at schools, all designed to develop skills like collaboration, inquiry, empathy, problem-solving, curiosity, innovative thinking and passion.

In 2019, the remaining schools will receive their collaboratively designed innovation spaces, completing the project.

Another exciting addition to the Cherry Creek School District is slated to open this year – the new online high school – Elevate Cherry Creek. The school will have a physical space at a still-to-be-finalized location and will serve between 200 and 250 fulltime students in ninth through 12th grade, as well as some part-time students who are also taking traditional classes at their home high schools. For more information, visit T:10” elevate.cherrycreekschools.org.

Progress & Trends 2019

What is on the agenda for the RTD in 2019?

BY DOUG TISDALE - RTD CHAIRMAN OF THE BOARD AND DISTRICT H DIRECTOR

Denver’s Regional Transportation District turns 50 in 2019, and we’re just hitting our stride! Our 50th Anniversary will see a number of signal accomplishments.

SERE. The SouthEastRail Extension will open soon! The SERE will extend the southeast light rail lines (E, F and R) 2.3 miles from the current end-of-line station at Lincoln all the way through Lone Tree, with stops at Sky Ridge Hospital, the future Lone Tree City Center, and then ending at the new RidgeGate Parkway Park-n-Ride. This extension is a collaboration among the City of Lone Tree, RTD and others and has been built on-time and on budget. Look for the announcement of our celebratory opening date before summer.

The N Line. The North Metro Line is an 18.5-mile commuter rail line running north from Denver Union Station to State Highway 7 near Colorado Boulevard. The first 13-mile segment, from Union Station to 124th, is in the final construction stages, with testing will commence soon.

While it’s not scheduled to open in 2019, final testing will occur in 2019, with an opening in early 2020.

The G Line. The G Line will provide 11 miles of service from Union Station to Arvada and then ending in Wheat Ridge, with eight stations and seven new Park-n-Rides and will open soon. Yes, I know you’ve heard that before, but this time we really mean it!

The delays in the opening have been associated with technical issues regarding the wireless crossing activation system, which is also used on The University of Colorado A Line, the “Train to the Plane.”

The issues with that system have nothing to do with the safety of our trains; both the A Line and the G Line – and the crossings – are completely safe. The issue is some anomalies, no more than 10 percent of the time, at several crossings where the gates are too safe: they stay down a little too long, as much as 10 seconds too long.

The Federal Railroad Administration, our regulator, is concerned that drivers will become frustrated and rush the gates. We are working on that issue, through our concessionaire, Denver Transit Partners, and our regulator has approved our plan to remedy the situation.

That all means that the G Line will soon open.

So, our next 50 years will be even CMYK more exciting than the past 50 years!

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PAGE 12 | THE VILLAGER • January 24, 2019

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BY JACKIE MILLET LONE TREE MAYOR

project with the cities of Centennial and Greenwood The City of Village to improve Lone Tree is traffic flow along looking forward Yosemite. These to another year of transportation great opportunity improvements lay in 2019. We will the foundation for continue to prioranticipated city itize investments growth on the east in our transporside of I-25. tation system, Jackie Millet A new compublic safety and mander, along with two community amenities. additional patrol officers will The Link On Demand join our police department transit service, which procementing our deep commitvides our community with ment to community safety. expanded mobility options, The city website will also be will relaunch in February redesigned providing better with improved customer service. The Southeast Light access to information and services. Finally, the Lone Rail Extension will open Tree Arts Center, which was three new stations in late recently awarded SCFD’s spring and construction will Rex Morgan Award, will begin on the expansion of continue to bring top-notch RidgeGate Parkway. We performances to the South are also excited to begin an Metro community. adaptive traffic signal pilot

What is on the agenda for 2019 for the Assessor’s Office?

BY PK KAISER - ARAPAHOE COUNTY ASSESSOR

in the DTC & Denver south

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The assessor’s office prepares the Abstract of Assessment and submits the CertifiThe Arapahoe County Ascation of Valuation to approxisessor’s Office discovers, lists and values more than 224,000 mately 415 taxing entities. The 2018 Tax Warrant taxable real, personal property and state Roll prepared by the assessed properties. office reflects taxes The assessor’s ofpayable in 2019.

Arapahoe County’s fice issues a Notice projected revenue is of Value to each about $151 million, taxable property based on the taxand is responsible for maintaining able assessed value public records, inof approximately cluding ownership, $10.5 billion. The district boundaries, PK Kaiser Senior Citizen Explats and subdivision emption program maps. currently has about 28,000 I have stated best assessactive applications that this ment practices will be adoptoffice reports to the state along ed in full compliance with with applicants of the Disabled Colorado Revised Statutes Veterans Exemption totaling to provide accurate property little over $19 million exemptvalues to owners. I am fully ed taxes. committed to providing the The Real Property Notice of best services to the public at Value will be mailed May 1; the the Arapahoe County Assesappeal period will run May 1 – sor’s Office.

June 3. The stout market and In 2019, a revaluation or increase in property values will general reassessment will ocmost likely increase the 2019 cur for real properties, which appeals. The appraisal date for occurs every odd-numbered the tax year 2019 is June 30, year. Personal property and 2018, using sales going back as state assessed are valued annu- far as July 1, 2016. Additional functions the office will remain ally. The real properties revaluations will include residential focused on our Emergency Rehomes, condos/townhomes, sponse and Disaster Recovery apartment buildings, retails/ programs. merchandising, offices buildIn the coming years, we will ings, restaurants, warehouses, make the county assessor’s ofvacant lands and agricultural fice more accessible to our cuslands. Other 2019 updates intomers, ensuring this office is clude new construction due to smarter, efficient, transparent, recorded plats, subdivisions, as and accountable in all areas of well as updates where a build- property evaluation and sering permit was filed. vices.

Progress & Trends 2019

Light Rail under the bright lights

The RTD Light Rail has become a major transportation hub for the DTC area.

Photo by Stefan Krusze

What is on your agenda for 2019 for the County Clerk’s Office?

JOAN LOPEZ - ARAPAHOE COUNTY CLERK AND RECORDER

I am so excited to be the Arapahoe County Clerk and Recorder.

During my 17-year career in the Arapahoe County Clerk’s Office. I have worked with tens of thousands of Arapahoe County citizens, a wonderfully diverse group of people with vastly different backgrounds and viewpoints.

If there was a problem, criticism or complaint I heard it firsthand.

I also heard many compliments and of things done well. After 17 years, I now have the ability to improve the clerk’s office. Many changes will be unnoticeable or very slight. Procedural changes and training issues will be more

Joan Lopez

obvious as time goes by, but in general Arapahoe County residents will notice decreased wait times and more helpful staff.

Let me bullet point this out specifically: • Voter registration will be up-

dated in every office, every time no exceptions.

• Fair and equal access to polling places throughout Arapahoe County.

• Independent audit of all operations for fiscal waste and data security.

• Reorganization of staff based on strengths and ability to serve our citizens.

• Existing personnel and new staff training will be a priority.

• A dealer desk will handle manufacturer and auto dealership transactions.

I am honored to be the next Arapahoe County Clerk and Recorder. I will work hard to make a difference for everyone.

What does 2019 hold for the economy?

BY JAY DAVIDSON FIRST AMERICAN STATE BANK

cord. They miss the point: this is the longest Bull Market in It’s understandable that the stock markets’ history. It some folks associate the stock is not the longest recovery market with the economy. It’s in the private economy. This the closest many get to invest- economic recovery started 18 ment decisions. months ago; the That said, the stock Great Recession, market is a derivafrom a fundative based loosely mental economy on the earning standpoint, lasted (cash flow) of a from 2007 to 2016, particular compa10 years (it started ny; it can be very in banking and expensive when finance with the the stock buyer first liquidity crisis pays 15 times earnat Bears-Stern and ings or even, 100 Lehman Brothers.) times. That’s a bet Jay Davidson Federal banking that the company’s regulators extendearnings will increase more ed the recession far beyond than 15 or 100 times beyond its natural life with the second current levels by the time you liquidity crisis in 2008 when sell. they over-reacted with deTalking heads say this is mands for capital growth and the longest recovery on rerestrictions on commercial

real estate lending.

I don’t see a recession in the latest charts, yet. I see a healthy economy, that is stabilizing. The fear is that Federal Reserve monetary tightening (rising interest rates) will crush this nascent recovery. Today the Yield Curve inversion is limited to the five-year/two-year spreads. If the inversion progresses, we could have a full-blown recession. The only good news is that the Fed may take a pause in their relentless tightening.

The economy, which is private business and investment, suffered a tremendous recession; it would be wise to let the private economy grow and allow business to replenish earning and capital, which translates into jobs and increased salaries for citizens.

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Progress & Trends 2019

What projects are on the agenda for Littleton in 2019?

BY DEBBIE BRINKMAN LITTLETON MAYOR

I think 2019 will be the most ambitious agenda for Littleton since I was elected 11 years ago, but I know our council, citizens and staff are up for the challenge.

First and foremost, will be the year-long effort to update the city’s Comprehensive Plan. In November and December, the planning commission and city council adopted Envision Littleton 2040. This document contains our vision, values and guiding principles obtained through an engagement process that included almost 3,000 conversations with citizens at 108 events. A draft plan will be ready for council adoption in the fall and there will be additional opportunities for citizen participation between now and then.

We’ll be developing a first-ever Transportation Master Plan with completion expected at the end of the year. It will be a long-term look at all modes of transportation including cars, pedestrians, bikes and transit and how they interconnect. To ensure this process is inclusive, we created a Transportation and Mobility Board to advise city council and staff.

Near and dear to my heart are parks, trails and open space. The staff and I have

been working on a task force with our partners at South Suburban Parks and Recreation, Arapahoe County and the South Platte Working Group to get an accurate picture of parks and open space in Littleton.

This group will prioritize future needs while leveraging funds for major open space acquisitions and unexpected parcels that might become available. We’re finalizing our work now and hope to present it to the city council for adoption this spring.

In addition, our staff will be working on implementing

the Belleview Corridor Plan, small area master plans, revisions to the city code and a cost of service study. Our police department will deploy a new Records Management System in partnership with other law enforcement agencies in Arapahoe County resulting in improved com-

What projects are on Centennial Airport’s agenda for 2019?

BY ROBERT OLISLAGERS CENTENNIAL AIRPORT

Debbie Brinkman

munications and efficiencies among the partnering agencies.

Most importantly, I want to thank Littleton voters for their support of Littleton Fire Rescue unifying with South Metro. The transition on January 1 has been seamless. Our citizens are receiving the best, most cost-efficient fire and emergency medical services, and the city can now invest an additional $3.1 million annually to improve our streets and infrastructure.

In 2019 Centennial Airport will mostly be focused on engineering and design projects, as well as completing our master plan study.

We will also be participating in the Colorado Division of Aeronautics Airport Systems Plan and Economic Impact Study.

The last economic analysis was completed in 2012 and published in 2013, which pegged our annual economic impact at $1.39 billion.

The new study will be completed in 2019 with an anticipated publishing date in 2020.

The engineering and design projects include rehabilitation of Runway 17R/35L; expansion of our maintenance facility; and, redesigning our aviation community and administra-

Robert Olislagers

tive facility to incorporate a two-phased approach. If the board approves the twophased approach, we can anticipate a groundbreaking in June or July with the Phase I completion anticipated in June 2020. The estimated cost of Phase I will likely be around $8 million.

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Progress & Trends 2019

HORSE POWER

Celebrating the Art of the Horse

Sun and Moon ceramic, Amy Laugesen $6400

JAN 7 - FEB 23 THE HORSE CULTURE

plays an important role in the Greenwood Village community. While it is home to the Denver Technology Center and its many contemporary, high-rise buildings, Greenwood Village is still dotted with horse property, stables and barns. To honor this culture, the Curtis Center for the Arts presents two exhibits celebrating the art of the horse.

Horse Power is an exhibit featuring works from contemporary artists across the country. The exhibit includes several life size, horse sculptures outside of the Curtis by internationally renowned artist Doug Owen.

Caballo de Fuerza is a display of historical horse artifacts on loan by Museo De Las Americas in Denver’s Santa Fe Arts District. These works will be on display at the |Greenwood Village City Hall. The purpose of the exhibits is to express the beauty of these magnificent creatures in many different styles and mediums.

at Curtis Center for the Arts 2349 East Orchard Road greenwoodvillage.com/curtis

Fascination St. Fine Art has artful year ahead Fascination St. Fine Art, located in the Cherry Creek North Shopping District, showcases nationally and internationally accomplished artists. Founder Aaron LaPedis, along with his wife Sandee, have one of the longest-running art galleries in Cherry Creek North — 29 years and counting. Collectors will find paintings, sculptures and collectible, limited-edition artworks, ranging in style from traditional to whimsical modern and everything in between. Featured artists include Nano Lopez, Fabio Napoleoni, Ringo Starr, Tim Cotterill, Henry Asencio, Gabe Leonard, Michael Godard, and many more.

Fascination St. Fine Art

often hosts and promotes collaborative events, bridging the art world and their local community. They donate artwork to support charities with causes close to their hearts, including the Autism Society, local schools, and the American Heart Association.

The gallery is also involved in the annual three-day Cherry Creek Arts Festival, held every July, where you can enjoy a meet and greet with a featured artist.

We are dedicated to creating a lasting art legacy with you and your family. With a warm and welcoming space and friendly staff, Fascination St. showcases art for everyone—from first-time, aspiring buyers to seasoned collectors.

We will work with you at every step along the way, from choosing a piece from our carefully curated collection, to archival custom framing, home installation, and worldwide shipping.

Please contact Fascination St. Fine Art for art inquiries and events. It would be our pleasure to work with you.

303-333-1566 / info@ fascinationst.com.

Fascination St. Fine Art 303-333-1566

FascinationStArt.com 315 Detroit St Denver 2727 E. 3rd Ave Denver Cherry Creek North (Located both on the same block)

2019 Upcoming Show Calendar

Bernie Taupin -- Lyricist, Poet and Collaborations with Elton John, Feb. 5 Phillip Anthony -- Monochromatic Realism Landscapes, March 15-16 Nano Lopez Foundry Tour -- Walla Walla, Wash. ~ Visit Nano’s Studio, April 26 – 27 Henry Asencio -- Expressive Figurative Art, May 17 – 18 Fabio Napoleoni -- Whimsical HeARTfelt, June 7 – 8 Gabe Leonard -- Cinematic Artist ~ Cherry Creek Arts Festival, July 5 – 7 Paul Lotz -- Fables & Fairytales Sculptures ~ Cherry Creek Arts Festival, July 5–7 Nano Lopez Gallery Show -Whimsical Bronze Sculptures, Aug. 23 – 24 Charles Fazzino -- 3-D Pop Expressionist City Creations, Sept. 7

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Progress & Trends 2019

Belleview Station — A fast-growing mixed-use community in DTC

BY FREDA MIKLIN GOVERNMENTAL REPORTER

Located on 51 acres directly adjacent to the light rail station for which it is named, Belleview Station is a “multi-modal mixed-use development and transportation gateway.” It is a “walkable district” which, when finished, will have 1,800 high-end residential units, 2.2 million square feet of snew Class A office space,

and 300,000 square feet of cutting-edge retail, restaurants and health and wellness establishments. Three hours of free parking are provided in garages to all visitors of Belleview Station. Shared parking arrangements with the apartment buildings and offices make it easy for retail and restaurant customers to park in those garages, in addition to plenty of available spots on the street.

The master developer ABOVE: Twenty percent of Belleview Station is open space. BELOW: Visitors can walk around all of Belleview Station.

Courtesy photos

David Morrison – LPL Financial Advisor David uses Values Based Financial Planning to align your financial choices with your most important goals and your most deeply held values. He has a comprehensive process to consolidate, coordinate and simplify your financial life in a way that brings you more confidence and clarity about your future.

He helps his clients put their entire financial house in order and works toward keeping it that way forever!

A native Texan, David earned a bachelor’s degree from the University of Texas.

He also graduated from the ABA National Graduate Trust School and earned the Certified

Trust and Financial Advisor designation in 1992. He has also undertaken graduate studies towards a Masters Degree in Financial Planning at the College for Financial Planning.

David has worked with investors for nearly 30 years at trust departments, large banks, and investment companies such as Merrill Lynch, Fidelity, and Bank One. He joined Prosperion Financial Advisors in 2004.

David has been married to Kay for more than 30 years.

They have four adult children and live in Centennial. They enjoy serving in leadership roles at church and as community volunteers.

works very closely with every builder to ensure that each addition to the area is collaborative, fits in and shares views with other properties, and will be a successful addition to the community. An architectural control committee ensures that the high design standards are met, and a retail council has been set up to guarantee that each new business goes well with those already there.

New additions must also meet the needs of the extended community, including the nearby cities, as well as people who live in and adjacent

to Belleview Station.

The property has been in the Bansbach family since the 1800s. Serving as the master developer, they are committed to making Belleview Station an appreciated asset for the entire metropolitan southeast community. In addition to keeping 20 percent of the property as open space, Belleview Station has a one-half acre dog park that is already extremely popular with nearby residents of Greenwood Village and Cherry Hills Village, in addition to tenants of Mile House and the Den Apart-

ments, which are dog-friendly and mostly fully leased.

Already home to the world headquarters of Western Union and Fortune 500s, Newmont Mining is moving to the newest state-of-the-art office tower under construction at Belleview Station at 6900 E. Layton Avenue, expected to be ready for occupancy in 2020.

Dave Mischell has operated Backcountry Delicatessen at 4919 S. Newport Street in Belleview Station for three years. He told The Villager that he is excited about the type of growth he’s seeing in the community. He appreciates the ample free parking for customers in the apartment buildings and the careful attention the developer has given to the retail mix in the area. Mischell sees customers from the residential and office tenants of the area, but especially loves the families that come in on weekends from the nearby cities and the folks who come to the area because of the great dog park. fmiklin.villager@gmail.com

2019, a year of opportunities

BY DAVID MORRISON FINANCIAL ADVISOR/PARTNER PROSPERION FINANCIAL ADVISORS

T

he Villager proudly welcomes David Morrison as a valued and informative bi-weekly wealth management columnist for our newspaper.

Publisher Bob Sweeney says, “I like David’s common sense perspective on investing with the emphasis of keeping and growing your wealth.” _________________________ As financial markets begin a new year and leave behind a rough 2018, investors are wondering what 2019 will hold. With record US corporate profits, major investment market indexes hit new alltime highs in September 2018 but then started dropping through year end. The return

of volatility we saw in 2018 may continue in the new year but there are reasons for optimism. Low unemployment, low inflation and more record corporate profits are positives, as is our expectation for continued US economic growth.

For these reasons, we are not looking for an economic recession in 2019.

We believe that 2019 will be a year of opportunities.

Yes, there will be investment opportunities, but we think there are even more important opportunities. You will have opportunity to save and invest more, to establish important goals and start taking the steps to achieve them. You will have opportunity to make wise spending decisions, to pay down debt and experience more

David Morrison

financial freedom. You will have the opportunity to learn from your experience, keep doing the things that work and to do other things differently.

There will be opportunity to think long-term and make plans for your future. And there will be opportunity to be generous,

to give and support great nonprofits and causes you care about. What other opportunities could be out there for you?

As you look out into 2019, consider these questions when making financial resolutions: • What good habits would you like to start? – think IRA and 401(k) contributions, regular savings to build emergency reserves and making extra mortgage payments.

• What are the financial mistakes you want to avoid this year?

• Did you do some spending that you regret?

• How did your debts grow?

• Did you let fear keep you from making good decisions?

What if a year from now you could look back on 2019 as the year that you really began to prosper?

“When your values are clear, your decisions are easy.” ~ Roy Disney

To schedule an appointment and/or request a copy of the LPL Research Outlook 2019, email or call: david.morrison@LPL.com 303.793.3202.

David Morrison is a financial advisor and partner at Prosperion Financial Advisors in the Denver Tech Center. Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/ SIPC.

PAGE 16 | THE VILLAGER • January 24, 2019

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Proud

TO BE CHERRY CREEK SCHOOLS

90%

100,000

Since 1955, more than 100,000 students have graduated from Cherry Creek Schools and have earned hundreds of millions of dollars in scholarships

Record high graduation rate of 90 percent for the class of 2018

79%

More than 79% of faculty members have advanced degrees and teachers have an average of 10 years’ experience

At Cherry Creek Schools, our promise to our community is excellence for every student, every day.

COMING IN FALL 2019

Be a part of excellence.

Opening in fall 2019, the Cherry Creek Innovation Campus will be a state-of-the-art college and career preparedness facility for high school students in the Cherry Creek Schools.

To learn more, visit: ccic.cherrycreekschools.org

The new Cherry Creek School district online high school is launching in fall 2019.

To learn more, visit: elevate.cherrycreekschools.org

EXCELLENCE | INNOVATION | SUCCESS Stay connected: cherrycreekschools.org facebook.com/CCSDK12

@CCSDK12