Back in March, Alpine Bank launched the “What Does LoDo Need?” campaign in March to announce/celebrate the opening of its new Denver Union Station location. The bank conducted surveys with individuals in the LoDo neighborhood as well as through the website www.WhatDoesLoDoNeed.com — asking what people thought LoDo needed.
More than 3,000 responses were collected. Business plan submissions were evaluated by a panel of Alpine Bank employees based on several criteria including probability of the business to positively impact LoDo; quality of content of the business plan; feasibility of financial success; and quality and effectiveness of an in-person presentation by the finalists.
The three finalists include: 1). Anchor Den — a multi-functional property that brings lodging, co-working and events all under one roof with the goal of filling the longstanding void in Denver’s hostel market; 2). Queen City Trading CO. — a LoDo-inspired boutique specializing in regionally made gifts, jewelry and cards, while incorporating the eclectic desires and esthetic of the LoDo neighborhood; 3). GOrganic Micro Mart — an easily accessible grocery store that caters to a healthy living lifestyle.
The winning business plan will be selected by a panel of prominent local judges including Chris Arnold, Communications Director for Chipotle; Holly Barrett, Executive Director of LoDo District, Inc.; Rob Cohen, President and Chairman of IMA Financial; and Chris Frampton, Principal at East West Partners; as well as Franke and Teeters from Alpine Bank. The winning idea will receive a $100,000, two-year, interest-free business loan and will be announced on August 5.
Who gets your vote?