In 2005, Larkspur business owner Joe Yavorski built one of the first office buildings the town had seen in some time. He’s at it again.
Yavorski is preparing to break ground on a 9,500-square-foot, two-story building near the northern entrance to town this June and he already has the tenants lined up. They will include a high-end wine shop, the town’s only full-service gym and the headquarters for a financial services company, Energy Funding Partners, which Yavorski will help to manage.
Aesthetically, Yavorski says, the building will look just like his other one, which houses Pineland Dental Office and Yavorski’s Creative Energy Systems Inc., at 8520 Spruce Mountain Road, and it will be located right next door.
“Larkspur is a unique place and we are trying to bring business in,” he said. “We were able to bring a dentist in, and she’s loaded with customers. Bringing business in keeps people from driving out of town.”
Yavorski, along with Larkspur town officials, reached out to the Douglas County commissioners multiple times in recent months, and on May 14 the commissioners waived the $8,365 in building service fees associated with the project so Yavorski could afford to get started. He hopes to add another business on his property in about three years and has the space to build.
“There’s not a lot of economic development there,” said Commissioner Jack Hilbert. “Every community in this county is viable and we want to see every community in this county become sustainable. Larkspur’s town council made a direct personal request to talk, we listened, we understood the economic impact it will have for their small community and we feel it is the right thing for us to do to support it.”
Yavorski said it would not have been profitable for him to construct the building now without the waiver due to the price he pays for property taxes — currently $39,000 per year, which will nearly double with the new building.
“It’s beyond important,” said Mayor Gerry Been. “The development has to happen. The more we have, the more the people will stay and shop and we need that. We’ve got one golden egg (the Colorado Renaissance Festival) and we need a couple more. We need small business to make that happen. Every door that opens helps to keep the money here.”
The building and all of its businesses are expected to open sometime next spring.