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Denver, CO

Xcel Energy to move headquarters from downtown Denver to RiNo in 2025

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Xcel Energy to move headquarters from downtown Denver to RiNo in 2025


Xcel Energy-Colorado has pre-leased space in a soon-to-be-completed building in the River North Art District and plans to move out of its headquarters in downtown Denver in 2025.

Xcel, Colorado’s largest electric utility, and real estate firms Ivanhoé Cambridge, Hines and McCaffery said Wednesday that the company has pre-leased all the office space at T3 RiNo, a new six-story, mass-timber building. At 220,172 square feet, Xcel Energy will be the largest office tenant in RiNo, according to a statement by the companies.

About 1,200 employees will be based at the new headquarters.

Work on the building is expected to be completed by the end of the year. T3 RiNo, made of black spruce, is among recent new buildings in the Denver area that are using wood as a way to reduce carbon emissions in construction.

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Buildings and construction account for about 40% of the global greenhouse-gas emissions, according to RMI, a Colorado-based research and consulting organization focused on environmental sustainability. According to data from the International Energy Agency, the cement sector consumes about 7% of the world’s industrial energy use and produces 7% of the world’s carbon-dioxide emissions.

The T3 RiNo building features heavy-timber structured design that is “100% renewable, recyclable and nontoxic,” the companies involved in the project said. They expect the building to meet the highest levels of certification for standards of energy efficiency, health and environmentally sustainability.

Amenities include a state-of-the-art conference center, private outdoor terraces on each floor and 5,000-square-foot fitness center. There will be retail space on the ground floor. The is accessible to the Regional Transportation District’s train system.

“As one of the most environmentally friendly developments in the City of Denver to date, T3 RiNo is a natural fit for a tenant customer who shares our commitment to prioritizing sustainability in a tangible way,” said Charlie Musgrave, vice president of U.S. office and life science leasing at Ivanhoé Cambridge.

Xcel Energy has set a goal of producing carbon-free electricity by 2050. The utility filed a proposed energy resource plan with state regulators that says it expects to cut its emissions 87% below 2005 levels by 2030 and produce 83% of its power from clean sources by 2028.

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“T3 RiNo will provide several benefits important to our coworkers including more parking, proximity to the RTD light rail system, greater security and more. Being in a single-tenant building allows us to design collaborative workspaces for increasingly interconnected teams,” Robert Kenney, president of Xcel Energy-Colorado, said in a statement.

Xcel is committed to staying in the Denver metro area “as part of our commitment to our communities, service areas and stakeholders,” Kenney said.

The company expects the move to reduce its annual operational costs by an estimated $2.5 million.

Xcel was represented in the transaction by Rick Schuham and Brendan Fisher of Savills. Co-developers, Ivanhoé Cambridge, Hines and McCaffery were represented by JLL’s James Roupp, John Beason, Don Misner and Maddy Stevenson.

Xcel currently occupies about 300,000 square feet on several floors of a 22-story, 500,000-square-foot glass and steel tower at 1800 Larimer St. The building opened in 2010. At the time, It was celebrated as the first LEED Platinum-certified high-rise in Denver, the highest rating of the Leadership in Energy and Environmental Design program.

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News of Xcel Energy’s decision to move its headquarters out of downtown comes as the area’s total office vacancy rate hit 30% for the first time since 1990. BusinessDen reported that vacancy went only as high as 17.4% during the Great Recession.

Downtown offices have been slow to fill back up after the COVID-19 pandemic as people have continued to work from home or returned to the office for just part of the week. The Denver office of the real estate firm JLL said in an analysis of this year’s third quarter that despite reports of return-to-office mandates, the overall office occupancy rate fell for the fifth consecutive quarter.



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Denver, CO

Suns lookahead: Phoenix looks to end Christmas skid in holiday matchup vs. Denver Nuggets

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Suns lookahead: Phoenix looks to end Christmas skid in holiday matchup vs. Denver Nuggets


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The Phoenix Suns will play in their fourth consecutive Christmas Day game Wednesday against the Denver Nuggets at Footprint Center.

The week begins with a Monday game at Denver and finishes with a back-to-back set: Friday’s home game against the Dallas Mavericks and Saturday’s matchup at Golden State.

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It’s nice to play on the most celebrated holiday of the year, especially at home.

Family and loved ones in town. Everyone watching on national television.

A festive time for celebrating and gift-giving, but the Grinch keeps showing up and ruining Christmas for the Suns.

Phoenix is 1-7 in its past eight Christmas games, losing the past three to the Golden State Warriors, 116-107, in 2021; at the Denver Nuggets, 128-125 in overtime, in 2022; and against Dallas, 128-114, last year.

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What’s even crazier is the Suns lost to teams that either won an NBA championship or reached the finals that season.

The Warriors won it all in the 2021-22 season, the Nuggets took it in 2022-23 and the Mavericks advanced to the finals before losing to the 2023-24 NBA champion Boston Celtics.

The Suns last won on Christmas in 2009, beating the Los Angeles Clippers, 124-93, at home. Phoenix went more than 10 seasons without playing on the holiday until the 2021-22 season, the year after it reached the 2021 finals.

Phoenix is 12-9 overall on Christmas.

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Christmas 2021: Curry leads Warriors past Suns

The Suns played the centerpiece Christmas game in 2021 against the Warriors during their historic 64-win season. They entered the marquee matchup with a 26-5 record and on a five-game winning streak, but lost at home.

Phoenix bolstered the best home record that season at 32-9 with one of those rare losses coming on Christmas. The Suns didn’t score in the final three minutes while Otto Porter Jr. scored the game’s final seven points.

Stephen Curry punched out a game-high 33 points to go with six assists to just one turnover while Chris Paul led the Suns with 21 points and eight assists to two turnovers and six rebounds.

Devin Booker managed just 13 points on 5-of-19 shooting.

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Christmas 2022: Booker injured early, Suns fall in OT

In 2022, the Suns lost Booker within the first five minutes of their Christmas loss to the Nuggets at Ball Arena in Denver as he aggravated a groin injury. Scoring just two points, he had missed the previous three games.

Landry Shamet came off the bench to deliver 31 points to match a career-high, and Nikola Jokic posted another insane triple-double of 41 points, 15 rebounds and 15 assists, but the game will forever be remembered for Aaron Gordon’s ferocious one-handed dunk in overtime over Shamet, who tried to take the charge on the play.

Gordon was first called for an offensive foul, but after review, the call was overturned because Shamet was ruled outside of the restricted area.

Gordon missed the ensuing free throw, but his dunk gave Denver a 126-123 lead with 24 seconds left.

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Christmas 2023: Doncic 50-piece dooms Suns

Then last season, Luka Doncic cooked the Suns for 50 points in leading Dallas to victory at Footprint Center. Shooting 8-of-16 from 3, Doncic became the seventh-fastest to reach 10,000 career points.

Grayson Allen scored a team-high 32 points to lead the Suns, going 8-of-17 from 3 while Kevin Durant and Booker combined for just 36 points on 10-of-25 shooting.

The Suns were without Bradley Beal (right ankle sprain) and Jusuf Nurkic (personal reasons) while the Mavericks won despite Kyrie Irving being sidelined due to a heel injury.

The Suns now have another chance to win on Christmas.

Have opinions about the current state of the Suns? Reach Suns Insider Duane Rankin at dmrankin@gannett.com or contact him at 480-810-5518. Follow him on X, formerly Twitter, at @DuaneRankin.

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Denver, CO

Esther Romero

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Esther Romero



Esther Romero


OBITUARY

Esther Romero (Lopez), 84, entered into eternal rest surrounded by her loving family. Born in Mt. Harris, Colorado, a small coal mining town near Steamboat Springs, her family moved to Denver in 1950. She graduated from North High School in 1957 and was the first in her family to attend college. She left for Colorado State College now UNC in 1958 where she soon met the love of her life and future husband Richard Romero. Esther graduated in 1961, married a week later, and together moved to Castle Rock where she began her career as an educator. Before long they returned to Denver where their three daughters were born. In 1972, Esther became one of Denver Public Schools first bilingual bicultural teachers and soon earned her Masters Degree from UNC. A passionate advocate, she understood the value of building a strong educational foundation in a child’s home language and honoring culture while also learning English. She taught at Elmwood, Del Pueblo, and Fairmont elementaries. A founding member of the Congress of Hispanic Educators (CHE), Esther served as president for many years helping to ensure children in DPS had access to a quality bilingual education. She continued this work through her final days. Esther taught for 30 years, was recognized as a master teacher of children, an exceptional mentor and coach to future educators, and served as a liaison between CU-Denver and DPS. She was a member of Delta Kappa Gamma.

Esther enjoyed traveling with family and friends to Mexico, Europe, South America, the Caribbean, and almost all fifty states. She and Richard were avid Broncos fans holding season tickets since 1970, traveling to two Super Bowls. She loved organizing family gatherings, gambling trips, camping, reading, puzzles, and playing games with family. She had the unique ability to make everyone feel seen, heard, valued, and loved.

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She was preceded in death by her parents Luis and Tommie G. Lopez, devoted husband Richard Romero, brother Baltazar Lopez ( Lourdes) and survived by her loving daughters Rosana (Dean) Trujillo, Carla (Arturo) Perez, Diana (John) Romero Campbell, and her grandchildren Arturito, Juliana, Claudia, Sofia, Orlando, Geronimo and Alicia, her sister Alice (Joe) Marquez, brothers Louie (Pat dec.) Lopez, Davey (Pat dec.) Lopez, Robert (Shari) Lopez, Ray (Melva) Lopez, and numerous extended family members. Please see www.cfcscolorado.org for service details.



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Denver, CO

Denver Salvation Army needs more bell ringers to support the community

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Denver Salvation Army needs more bell ringers to support the community


The Salvation Army provides shelter, meals, and support for families in need in our community every day, but they need help to raise those donations.

They have put out a call for paid and volunteer bell ringers to collect donations vital to support their programs and services.

All of the donations raised go to serve the Denver community. Funds go to serve families struggling to feed their children or provide gifts during the holidays as well as disaster services and much more for the residents of the Denver metro area.

Bell ringers get to pick their hours and location, and friends and families are encouraged to volunteer together and give back to the community.

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Those interested in volunteering can sign up online at www.registertoring.com. To find a paid bell ringer position, applicants can visit the Salvation Corps nearest to their neighborhood.

A listing of all Denver area Corps locations is available at visiting.denver.salvationarmy.org. Applicants must be 18 or over to have a paid bell ringing position.



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