JUNE 25 - JULY 2, 2025
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Bike lanes on 4th and 5th spark downtown parking debate
VOLUME 32, ISSUE 24
THEBUSINESSTIMES.COM
No More Hedging Teresa Mays is retiring from preciousmetals dealer Hedge Company, but only after selling the company to the right buyer. — See story, Page 2
Brandon Leuallen
P
The Business Times
lans to finalize protected bike lanes on Fourth and Fifth Streets this summer could cost the City of Grand Junction additional money in curb cut work and remove more downtown parking spaces. That raises a broader conversation about the cost of implementation and the city’s downtown parking system, including the financial viability of potential changes.
Curb Cuts and Parking Losses
The vote to revert to two lanes with a protected bike lane may require cutting curbs at intersections where there is currently not enough space to fit both vehicle lanes and the bike lane. This cost was not included in the May 29 special meeting when the City Council reversed a prior decision to end the pilot project. See BIKE LANES on Page 8
Teresa Mays sits next to a display case of precious metals at her Hedge Company office inside the Alpine Bank building in downtown Grand Junction. She took over the business after her dad, Ron Mays, died in 2007. Ron Mays started the business, along with International Coin & Stamp, 40 years ago. Teresa Mays is selling the business, but with the requirement that the buyer keeps the Hedge Company name and operates from a local office to continue providing the face-to-face service and privacy that her customers prefer over online buying and selling of precious metals. Photo by Tim Harty.
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