(A.P.) Darryl Seibel announced his resignation as chief communications officer at the U.S. Olympic Committee today, the fourth executive to leave the federation since the end of the Beijing Games. Seibel, 41, said he would leave June 5 to pursue new professional opportunities but would offer consulting help on some projects, including the search for [...]
Continue reading …On Nov. 25, Assistant City Manager Mike Anderson sent a breathless e-mail to LandCo CEO Ray Marshall. The subject line: “URGENT-NEED TO MEET.” The e-mail read, in part, “Ray: the city’s underwriting team advised yesterday that they will not be able to market the city’s COPs for the USOC HQ building unless we obtain a [...]
Continue reading …Luke Travins doesn’t much like the proposed public improvement fee that Mayor Lionel Rivera has been peddling to downtown establishments during the last several weeks.
The voluntary 1 percent fee, which bars and restaurants would collect from patrons to help finance the U.S. Olympic Committee’s new headquarters building, has serious structural problems, said Travins, who is part-owner and regional manager of Concept Restaurants, which owns Jose Muldoon’s, MacKenzie’s Chophouse and The Ritz Grill in downtown.
Continue reading …Mayor Lionel Rivera was pounding the pavement last week, soliciting support for a 1 percent public improvement fee that would be collected by the Downtown Metro District on downtown restaurant and bar sales. Revenue generated by the fee would be used to secure a $1 million loan from the Colorado Office of Economic Development to [...]
Continue reading …The Denver Post is reporting today on a story Springs residents are all too familiar with – the fight to finish the U.S. Olympic Committee’s new headquarters building and keep the organization in town. Click here to read the story. Click here to subscribe to the CSBJ Daily e-mail and receive news updates in your inbox [...]
Continue reading …Why does the business community shoulder so much of the heavy lifting in this community? I was in the business community meeting about bringing AngelouEconomics to town to do the Operation 60thirtyfive study. The idea was to get a blueprint of what we want to be when we grow up and identify specific industry types [...]
Continue reading …Deal — or no deal? USOC — or USnoC? City Council made a deal to keep Their Olympian Majesties in Colorado Springs — and now they have to do some quick repair work to keep everything from falling apart. Unpleasant Reality No. 1: The U.S. Olympic Committee’s first priority is not a new office building [...]
Continue reading …The general contractor for the U.S. Olympic Committee headquarters at 27 S. Tejon St. said today that work on the building will continue – at least for now. Jim Johnson, president of G.E. Johnson Construction Co., said that he met with LandCo President Ray Marshall and United Western Bank representatives today to discuss the project. [...]
Continue reading …FOX 21 News is reporting that LandCo, the company overseeing construction of the U.S. Olympic Committee building, has filed suit against the City of Colorado Springs and the USOC, saying the two have failed to keep promises of the development deal. Click here to read the story.
Continue reading …“The time has come, the walrus said, to talk of many things …” Like some sadly dysfunctional family, the city, the United States Olympic Committee and LandCo are still maintaining appearances, publicly pretending that all is well, while their world collapses. Earlier this week, the Business Journal published a comprehensive account online about the financial [...]
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