December 18, 2014

Today, Jim Doyle, President of Panasonic Enterprise Solutions Company, joined by Colorado Gov. John Hickenlooper, Denver Mayor Michael B. Hancock, Denver International Airport CEO Kim Day, Denver City Council President Chris Herndon and Ferd Belz and Cal Fulenwider III, of L.C. Fulenwider, Inc., announced the company will create a hub for its fast growing business solutions operations and a technology center adjacent to Denver International Airport. Creating an estimated 300 jobs, the business expansion will include the company’s operations base and assembly facility.

The location is part of a 400-acre Master Planned Transit Oriented Development called Pena Boulevard Station located along the east rail line at 61st St. and Pena Blvd., which is being developed by L.C. Fulenwider, Inc. in conjunction with the DIA/City and County of Denver and two other land owners. The parties plan to make the area around the Panasonic site a global showcase for state-of-the-art sustainable community development.

The project, which is expected to be completed by mid-2016, will allow Panasonic Enterprise Solutions to further expand its rapidly growing large-scale audio visual and eco solutions business.

In addition, Panasonic will work with the developer and landowners to create an ECO and Smart business anchored community based upon five categories for Smart Lifestyles – energy, security, mobility, health care and community. These are the underlying principles for the recently opened Fujisawa Sustainable Smart Town, a sustainable smart green community developed by Panasonic near Tokyo, Japan. Colorado is at the epicenter of adoption of solar technology for the generation of sustainable power in the U.S.

“We are thrilled to welcome Panasonic Enterprise Solutions – and the hundreds of new jobs they bring – to Colorado,” said Gov. Hickenlooper. “When global, forward-thinking companies like Panasonic choose Colorado as a home base, we know that we are well on our way to being the most innovative state in the country. With the latest transportation project underway to further connect our renowned airport, and as home to the nation’s most educated and talented workforce, we know Panasonic will find great success here.”

“Attracting Panasonic as the anchor tenant for this new transit-oriented development is one of the biggest economic-development wins for Denver and the entire metro region in the past several years,” Mayor Hancock said. “It marks a giant step forward for the Corridor of Opportunity between Downtown and DIA and for our growing aerotropolis. Our culture of ingenuity and incredibly talented workforce continue to make Denver a magnet for industries of tomorrow, delivering new opportunities and connections to further strengthen our economy for decades to come.”

“Panasonic Enterprise Solutions looks forward to working closely with the State of Colorado, City and County of Denver, Denver International Airport and Fulenwider to create a public-private partnership that will drive global attention to the importance of sustainable community development,” said Doyle. “Their deep commitment to sustainability and quality of life make Denver and the state of Colorado the perfect place to do this.”

“Having the ability to develop a first class Transit Oriented Development (TOD) at the front door of DIA is huge buy adding Panasonic Enterprise Solutions to our team in order to develop a smart, sustainable, state-of-the-art TOD takes us to a whole different dimension! This is going to be a very special place to live, work and play…. very special,” said Fulenwider.