Thursday, February 23, 2023, Grand Opening of New OVME Medical Spa at 180 Clayton Ln. It was held in the Cherry Creek neighborhood of Denver. (Provided by Brian Grant)
More businesses are pouring money into the Denver-area economy through branch openings and expansions, and some Colorado companies are looking to make their mark beyond the state’s borders.
The outlook for the country’s economy is mixed at the start of 2023: strong growth has slowed in some sectors and inflation has slowed, but data released on Friday suggest the road ahead remains difficult. But entrepreneurs are still choosing to invest in Colorado, with a record number of new state business filings at 48,806 in the fourth quarter of 2022.
New businesses range from skin care to project management software.
On Thursday, a grand opening was held at 180 Clayton Lane for the brand OVME’s new medical spa in Denver’s Cherry Creek neighborhood. The company offers cosmetic services such as Botox, facials, chemical peels and more.
“Cherry Creek is the right place in the right city,” said founder and chief medical officer S. Mark McKenna said at Thursday’s opening that he is looking at the opportunity to expand further into the Denver area.
Now with 21 locations in a dozen states, OVME’s plans for this year include 10 studio openings, representing “projected sales growth of +55%.” McKenna estimates his company will build 15 to 20 more stations nationwide by 2024.
Skincare company Heyday also expanded into the Mile High City this month, opening its first Colorado location at 3930 Tennyson St. The brand, which offers facials, is set to set up two more stores this year.
Over the next six years, the company plans to dominate the Colorado market and bring 13 locations and more than 300 new jobs to the state.
In downtown Denver, project management software company monday.com opened its fourth U.S. office at 1550 Market St. last month. He opened it. About 45 employees in the sales team now work from the site, with room for growth.
“It’s great to have our Denver-based customer teams come together in person again,” said Jamieson Powell, vice president of sales. We are thrilled to have such a great team on the ground in a thriving city like Denver.
A concessionaire at Denver International Airport is looking to more than double its business. Mission Yogurt, a family and minority-owned hospitality company, operates 14 restaurant concepts, 11 at DIA.
Her plan for this year is to increase that number to 30 food, beverage and retail concepts at three airports.
DIA outlets in Concourse A include Mardi Empanada, Agote, Bindery, Tokabe, Bagel Deli and Restaurant & D Bar. Williams and Graham called it “The World’s First Airport Talking”.
High Dun Market and Goods will be added to Concourse B, while Concourse C will welcome Cholon Modern Asian, Markzic Fine Foods, Titulia Tea & Coffee Bar, Black Canyon Market and Goods and Longs Peak Market and Goods.
In Englewood, more expansion is underway for telecommunications company Charter Communications.
This month, the cable operator moved into an additional 58,000 square feet at the Compark Business Campus at 8560 Upland Dr. He announced that he was trying to double the space in the industrial park by leasing it.
“Charter’s expansion demonstrates its strong commitment to locating its workforce in Denver’s southeast submarket,” said Tyler Reed, managing director of Stream Realty Partners, one of the representatives of the national commercial real estate firm that led the transaction.
In the Denver area, six franchise owners came together this year to expand their cooperative business centers. The demand for shared workspaces is fueled by startups and the strong remote working trend following the Covid-19 pandemic.
The business alliance includes Shannon Smith, Jason Vandagriff, Jesse Keaveny, Kim Cornell and Melanie Williams, owner of Venture X, a portfolio of professional workplaces in Colorado.
Diane Mapes – location owner of Office Evolution, which offers offices nationwide – is also a member of the new franchise team.
Together, they acquired eight more Office Evolution sites in Boulder, Broomfield, downtown Denver, Golden and more.
Expanding beyond Colorado.
Some Colorado companies are looking to compete nationally, including coffee brand Ziggy Coffee.
Originally opened in Longmont in 2004, Ziggy’s now spans nearly 70 locations in 15 states.
“It’s amazing to see how much we’ve grown over the past few years,” said CEO Brandon Knudsen.
This year, the group expects to open 30 more coffee shops, with more than 140 locations in various stages of development.
Colorado company Sticky Finger Cooking is poised to capture a larger share of the US market. Denver-based Sticky Fingers Cooking offers hands-on, hands-on, healthy cooking classes for kids.
It already serves more than 700 schools in the Centennial State, Illinois and Texas. Now a team of 25 executives and management is looking to acquire franchisees in 43 states.