DENVER THIS WEEK

Tuesday, June 17, 1997. Denver, Colorado.

  • STUDY RANKS THREE COLORADO CITIES TOPS FOR AFFORDABILITY -- A study released recently by Regional Financial Associates ranked Boulder/Longmont, Denver, and Colorado Springs as giving residents the most "bang for the buck" of the 99 largest metro areas in the United States. The study calculated "relative real incomes," using wages levels, cost of living, and other cost of business factors. Milwaukee, WI and Madison, WI finished fourth and fifth, respectively.

  • WORLD LEADER AMGEN POISED FOR EVEN MORE EXPANSION IN THE METRO AREA -- Adding to present plans for expansion in Longmont, international biotech giant Amgen announced that it has purchased an additional 162 acres adjacent to its existing 72 acre site. Presently, Amgen is developing 300,000 square feet of manufacturing, administrative, and lab space, in addition to a power plant, on the site. By 1998, Amgen expects to employ up to 200 people in Longmont.

  • DENVER ON A WORLD STAGE THIS WEEK -- The Denver Summit of the Eight, the largest meeting of the seven largest industrial nations in the world and Russia, is convening in Denver this week. Over 8,000 foreign dignitaries, press, and security will converge on the city for the three days of the Summit, generating huge exposure for the city and $13.8 million in direct impact on the metro area. The newly enlarged Denver Public Library will house many of the official meetings, but area restaurants, hotels, and other attractions will be featured meeting places for delegates. The Denver Chamber of Commerce has had an active role in organizing for the event, and is linked to the official G8 Conference Web Site

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