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Avs’ Devon Toews sells mansion in Denver’s Belcaro neighborhood for $3.75M

Devon Toews sold his 6,000-square-foot Belcaro mansion last month for $240,000 under its list price. The $3.75 million sale closed on Feb. 12. Last year, Towes signed a seven-year contract extension with the NHL’s Colorado Avalanche. He listed the mansion on Jan. 11 for $3.99 million. Toews and his wife, Kerry, bought the mansion on the 800 block of South Steele Street in March 2021 for $2.9 million. The six-bedroom, five-bath home, constructed in 2020, has two fireplaces. The first-floor open floor plan includes a…

Buc-ee’s opens first travel center in Colorado

Buc-ee’s has made it to Colorado. A red-capped beaver, the mascot of the super-sized, Texas-based travel centers, was front and center on outdoor signs and throughout the 74,000-square-foot store that officially opened at 6 a.m. Monday in Johnstown. The store is the first Buc-ee’s in Colorado and the company’s farthest west. The grand opening was expected to draw the uninitiated, curious about the excitement over the cornucopia of food and merchandise, as well as devotees of what has been a popular franchise located…

Colorado bill incentivizing new data center construction draws heat

A bill that would provide state tax rebates to draw data centers to Colorado has run into opposition from critics who warn of the facilities’ large demands for energy and water and potentially higher costs for other electric customers. The legislation would offer state sales and use tax rebates for construction materials and equipment starting in 2026. Senate Bill 24-085 declares that investing in projects such as data centers “is crucial for the economy of the future” and Colorado, considered a growing high-tech hub, is…

800+ flights at DIA canceled as winter storm, snow hits Colorado

Update 9:11 a.m. Friday: This story will no longer be updated. Click here to see the latest update on Friday delays/cancellations at Denver International Airport.  Update 8:30 p.m.: There were 830 canceled flights and 427 delayed flights at Denver International Airport as of late Thursday, according to the flight tracking website FlightAware. All airport operations were normal, according to the Federal Aviation Administration. Update 2:00 p.m.: Snow is finally falling at Denver International Airport, though operations…

Closings, pending sales and prices climb in February

Colorado’s real estate market is heating up as spring approaches. “The spring market has brought optimism while everyone waits to see if the rates will adjust again. Those who need to move have adapted to the rates and have come off the sidelines,” said Kelly Moye, Boulder/Broomfield-area realtor. According to the February Market Trends Housing Report from the Colorado Association of Realtors, new listings jumped statewide last month, with 6,361 new single-family homes and 2,174 new townhome/condo listings. That’s up 18%…

National Association of Realtors settlement may change how homes are sold

The National Association of Realtors announced Friday that it had reached a legal settlement that upends the traditional model of sellers paying for the buyer’s agent in a home purchase. The agreement has the potential to save home sellers billions of dollars every year, but could also complicate purchases for buyers. The NAR, the largest trade group representing residential real estate agents, agreed to pay $418 million over four years to settle claims that the group and its members engaged in uncompetitive practices…

It depends on U.S. technology

In November, a year after ChatGPT’s release, a relatively unknown Chinese startup leaped to the top of a leader board that judged the abilities of open-source artificial intelligence systems. The Chinese firm, 01.AI, was only eight months old but had deep-pocketed backers and a $1 billion valuation and was founded by a well-known investor and technologist, Kai-Fu Lee. In interviews, Lee presented his AI system as an alternative to options such as Meta’s generative AI model, called LLaMA. There was just one twist: Some of…

How the AI that drives ChatGPT will move into the physical world

EMERYVILLE, Calif. — Companies such as OpenAI and Midjourney build chatbots, image generators and other artificial intelligence tools that operate in the digital world. Now, a startup founded by three former OpenAI researchers is using the technology development methods behind chatbots to build AI technology that can navigate the physical world. Covariant, a robotics company headquartered in Emeryville, California, is creating ways for robots to pick up, move and sort items as they are shuttled through warehouses and…

Finding financial happiness, part 1

Editor’s note: The second column in this two-part series will run next month on April 21. Every three years, the Federal Reserve publishes a report about the finances of U.S. families. Based on data and interviews, the triennial “Survey of Consumer Finances,” “…collects information about family income, net worth, balance sheet components, credit use, and other financial outcomes.” In short, it reports how Americans are faring financially. But their recent report was a little different. Published in November 2023, it…

Tilford’s Wood Fired Pizza closes at Edgewater Public Market

The fires are out at Tilford’s Wood Fired Pizza. The business, one of the original concepts in Edgewater Public Market, closed its doors and filed for Chapter 7 bankruptcy as Tilford’s Edgewater LLC on March 1. Chapter 7 bankruptcies are typically a liquidation process, where a trustee is appointed to oversee a selloff of the debtor’s assets. Tilford’s owes $605,939 to 14 creditors, according to court filings, and has assets worth $18,326. Burton and his wife opened Tilford’s Wood Fired Pizza as a food truck in 2016…