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Business

  • Hegmann Funeral Service gets new owners

    After 15 years in business, Hegmann Funeral Service in Idaho Springs has new owners.

    Leadville residents Shannon Kent and wife Staci recently purchased the funeral home from Chris Hegmann.

    The Kents operate funeral homes in Leadville and Silverthorne. The business will be called Hegmann Kent Funeral Home. Shannon Kent is also the Lake County coroner.

    For his part, Hegmann, who started the business in 2001, plans to stay in the community and pursue his interest of going into ministry and celebrant services, providing funeral services.

  • Hotel, restaurants, housing planned by new owners of Argo Mine

    A 160-room hotel, conference center, restaurants, retail and 200 housing units are planned by the new owners of the historic Argo Gold Mine and Mill in Idaho Springs.

    The prominent 27-acre Idaho Springs tourist attraction and former mining mill was purchased Jan. 11 for an undisclosed amount by a group of six business partners, including Idaho Springs residents Bob Bowland and Mary Jane Loevlie, and Denver developer Dana Crawford. Crawford is known for the development of Larimer Square, the Oxford Hotel and Denver Union Station.

  • Mountains Taxi up and running again

     Mountains Taxi has resumed service and once again began taking reservations on Dec. 17, with drivers hitting the streets on Friday. 

    The interruption in service came after the company was notified of an increase in the cost of its liability insurance just days before the policy was to expire, said Chris Phelps, an owner of Mountains Taxi, which suspended service Nov. 11. The company has found another insurance provider.

  • Springs council member wants to regulate short-term home rentals

    Idaho Springs might consider regulating short-term home rentals.

    Several city officials expressed concern during a recent work session that residents renting their homes on sites such as Vacation Rental By Owner, or VRBO, and Airbnb, could have a negative impact on the city.

    The city doesn’t currently require home-based businesses of this sort to have licenses or pay sales or lodging tax. There also is no way to communicate with homeowners about how renters should behave.

  • Roll out the barrels

    Idaho Springs soon will have a micro-distillery and tasting room — possibly the first since before Prohibition.

    The city council recently approved a conditional-use permit for Bouck Brothers Distilling, and the business — which will operate a 100-gallon still for whiskey and vodka and brew some beer — will be at 2731 Colorado Blvd. in the space previously occupied by Daylight Donuts. Co-owner Zachary Bouck hopes the business will open in April.

  • Fledgling pot industry learning as it goes

    Editor’s note: Clear Creek County is home to a budding recreational marijuana industry — an industry that has blossomed statewide since recreational sales became legal on Jan. 1, 2014. Since then, the state has received more than $76 million in fees and taxes from this burgeoning business. This is the last installment of a series that traced the marijuana process from seedling to sale.

     

    A line formed in front of the Kine Mine marijuana dispensary in Idaho Springs during the cold, early-morning hours of Jan. 1, 2014.

  • Henderson Mine could shut down in five years

    An official from the Henderson Mine has confirmed that, barring a sudden recovery in the molybdenum market, the mine could close in five years, rather than the 10 years that was projected as recently as April.

    Officials expect the supply of ore to be exhausted in about five years after the development of a new mine panel is completed in early 2016, according to Eric Kinneberg, a spokesman for mine parent company Freeport-McMoRan.

    The 7700SW panel is a section where the ore is extracted from above.

  • Henderson Mine plans additional 130 layoffs

    The Henderson Mine has announced it will lay off approximately 130 workers beginning in January.

    This most recent round of layoffs comes on the heels of 80 furloughs that were announced in August.

    "In light of a continued deterioration in the molybdenum market, Henderson will curtail molybdenum production by an additional 45 percent," Eric Kinneberg, a spokesman for parent company Freeport-McMoRan Inc., said in a statement.

  • Westbound & Down to open in former home of The Buffalo

    The suds will start flowing in two to three weeks, as workers get ready to open Westbound & Down Brewing Company — The Buffalo.

    Four to six new craft beer options will be on tap at the new Westbound & Down, which is located in the former Buffalo Restaurant and Bar at 1617 Miner St. in Idaho Springs, said Dan Ebert, general manager and partner in the project. New craft brew tanks were installed recently.

  • Enterprise zone expanded to include entire county

    More businesses in Clear Creek County are eligible for tax incentives now that the Clear Creek Economic Development Corp. has arranged to expand the enterprise zone to include the entire county.

    “The way I look at it is, it’s a great tool for our economic tool chest,” said CCEDC director Peggy Stokstad, “and it is something we can advertise. It is something we can promote and use as an incentive.”