The market for property suitable for retail or restaurant uses, like many other categories of real estate, is not as healthy in the Boulder Valley market as Realtors and operators would like it, but a number of factors are likely to offer positive impacts.
The Sundance effect is one of them.
“We talked about the Google effect, what Google would bring to the market when it established here,” said Becky Gamble, CEO of the Dean Callan & Co. commercial real estate firm. She referenced the spinoffs that came as a result of Google’s presence. “I think Sundance (Film Festival) will do that, too. There will be international people who come (for the festival), people who have never been here, and they’ll want to come here and put their companies here. The Sundance effect is a great opportunity fo

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