The new OVME Medical Spa will have its grand opening on Thursday, February 23, 2023 at 180 Clayton Ln. It was held in Denver’s Cherry Creek neighborhood. (Courtesy of Brian Grant)
While more businesses are investing in the Denver-area economy by opening or expanding branches, some Colorado businesses are looking to expand beyond state borders.
The economic outlook for the country at the beginning of 2023 is mixed. Solid growth was tempered by job cuts in some sectors and inflation slowed, but data released on Friday showed the outlook is still bumpy. But the entrepreneur is still choosing to invest in Colorado, with the fourth quarter of 2022 hitting him with a record number of 48,806 new state business applications.
New businesses range from skincare to project management software.
The grand opening of the new OVME branded medical spa at 180 Clayton Lane Thursday. The company offers beauty services such as botox, facials and chemical peels.
“Cherry Creek is the right place in the right city,” founder and chief medical officer S. Mark McKenna said at the opening Thursday, adding that there are opportunities to expand further into the Denver area.
Now with 21 locations in about 12 states, OVME’s plans for this year include the opening of 10 studios, with “anticipated sales growth of +55%.” McKenna estimates his company will build 15 to 20 more sites across the country in his 2024.
Skincare company Heyday also expanded into the Mile High City this month, opening its first store at 3930 Tennyson Street, Colorado.
Over the next six years, the company plans to keep the Colorado market at the forefront, bringing 13 locations and over 300 new jobs to the state.
In downtown Denver, monday.com, a project management software company, opened its fourth US office last month at 1550 Market Street. The sales team currently has about 45 employees working at the location, with room for growth.
“It feels great to be able to bring our Denver-based customer-facing team together in person again.
At Denver International Airport, a concessionaire aims to more than double its business. A family-owned and minority-owned hospitality company, Mission Yogurt operates 14 restaurant concepts, 11 of which are in his DIA.
This year, the company plans to increase that number to 30 food, beverage and retail concepts at three airports.
DIA Outposts in Concourse A include Mardi Empanadas, Uncle, Bindery, Tokabe, Bagel Deli & Restaurant, and D Bar. Williams & Graham, which is called “the world’s first airport speakeasy”, also appeared.
Concourse B adds High Dune Markets & Goods, while Concourse C adds Cholon Modern Asian, Marchek Fine Foods, Teaturia Tea & Coffee Bar, Black Canyon Markets & Goods, and Longs Peak Markets & Goods.
In Englewood, telecommunications company Charter Communications is expanding further.
This month, the cable operator announced that it has nearly doubled its space within the industrial park by renting approximately 58,000 square feet of extra space at the Compark Business Campus at 8560 Upland Dr.
“Charter expansion demonstrates a strong commitment to house our workforce in Denver’s southeast submarket,” said Stream Realty Partners, one of the representatives of the national commercial real estate firm that led the transaction. said Tyler Reed, Managing Director of
Across the Denver area, six franchise owners banded together this year to expand their slate of coworking business centers. The demand for shared workspaces stems from startup startups and the continuing trend of remote work following the COVID-19 pandemic.
Business alliances include Channen Smith, Jason Vandagriff, Jesse Keaveny, Kim Corniel and Melanie Williams, who own the Colorado site of Venture X, an international portfolio of professional coworking spaces.
Diane Mapes, owner of Office Evolution locations that offer offices nationwide, is also a member of the new franchise group.
Together we acquired eight more Office Evolution sites, including Boulder, Bloomfield, Downtown Denver and Golden.
Expansion beyond Colorado
Several Colorado companies are looking to compete at the national level, such as coffee brand Zigiz Coffee.
First opened in Longmont in 2004, Ziggi’s now has nearly 70 locations in 15 states.
CEO Brandon Knudsen said:
The team plans to open 30 more coffee shops this year, with over 140 in various stages of development.
Colorado company Sticky Fingers Cooking is poised to grab an even bigger share of the US market. Founded in Denver, Sticky Fingers Cooking offers healthy cooking classes for kids in person or online.
Already serving over 700 schools in Centennial State, Illinois and Texas. Now, the 25-person executive team wants to find franchisees in 43 states.
