Friday, December 29, 2006
Downtown Colorado Springs' Holly Sugar Building (above, left) became the FirstBank Building with the flick of a switch this week. Installation of "1STBANK" signs at the top of each side of the 14-story building was completed Wednesday, and, at 5 p.m. the signs (seen as they were being installed, above right) were illuminated. FirstBank of Colorado Springs announced Dec. 12 it has acquired the naming and signage rights to the downtown landmark, which was known for decades by the name of the Holly Sugar Co. that was headquartered there from 1967 through 1997. The building, at 2 N. Cascade Ave., is part of the Palmer Center complex, which includes the Wells Fargo bank tower and the Antlers Hilton hotel. FirstBank of Colorado Springs is owned by FirstBank Holding Co. of Colorado, based in suburban Denver. Signs in the building's lobby and in an underground parking garage are still being changed.
Thursday, December 28, 2006
"N.Y. approves $650M in aid for AMD microchip plant"
The story, from the Silicon Valley/San Jose Business Journal, goes on to detail that a New York state panel approved a $650 million funding package to aid construction of an Advanced Micro Devices Inc. computer microchip plant in a business park in upstate New York. AMD tentatively agreed last summer to build the $3.2 billion plant, but a deal isn't yet final and company officials were counting on the state's aid package, according to the story.
Colorado and Colorado Springs rarely ante up that kind of money, although the state and Denver did offer $237 million in 1991 to try and land a United Airlines maintenance facility that ultimately went to Indianapolis.
Wednesday, December 27, 2006
--Club owner and entrepreneur Sam Guadagnoli, who purchased the old Color Me Mine property at 28 N. Tejon St. for use as a model site for downtown loft sales, on what other use he might have had for the building.
"I go into the newspaper's obituary pages every day and too often I find there is a customer, an old friend."
--Mike Nemeth, former co-owner of Nemeth's El Tejon Restaurant, on the loss of core clientele which contributed to the restaurant's closure October 28.