Developer helps build workforce

Developer helps build workforce

South Dakota native and then-newlywed Mike Ruebenson, a CPA, moved to Colorado Springs to work an internship at a Big 8 accounting firm. Fast-forward more than 30 years, Ruebenson and his bride Mary now have three children, Jennifer, Ryan and Lauren, and roots firmly embedded in El Paso County. He has a “new” career: land […]

Gold mine for sale

Gold mine for sale

AngloGold Ashanti, parent company of the Cripple Creek & Victor Gold Mining Company, is negotiating the partial or full sale of one of the company’s “key operating assets.” While Anglo CEO Srinivasan Venkatakrishnan declined to specify which assets were for sale, the company seeks to reduce $3.1 billion of net debt by at least $1 […]

Hormones, horsepower and heat

Hormones, horsepower and heat

Three things investors need to be attentive to for some time to come: hormones; horsepower; and heat. The three Hs were outlined last week at a Cascade Investment Group lunch-and-learn presentation by Ross McDonald of American Funds. Yale-educated, McDonald is a registered investment adviser representative who spoke on the psychology of investing. Hormones Quoting from […]

Polaris Pointe to include water park

Polaris Pointe to include water park

Nearly five years after Polaris Pointe (formerly Copper Ridge at Northgate) began as an urban renewal project in north Colorado Springs, businesses continue to slowly populate the development, including a large indoor water park and resort expected to open next year. Still without the infrastructure that was expected to support Polaris Pointe’s growth, developer/investor Gary […]

InterQuest Parkway making snail’s progress

InterQuest Parkway making snail’s progress

At its northernmost point, Powers Boulevard is met with a juxtaposition. By now, InterQuest Parkway was supposed to be a vibrant strip of hotels, entertainment venues, restaurants, offices and residences. Instead, semi-finished buildings left vacant for 10 years stand mere feet from new construction. Stymied by a stagnant economy and developer bankruptcy, associated players are […]

Palmer Lake inn sold

Palmer Lake inn sold

Advanced Recovery Systems, a behavioral health care management company based in Fort Lauderdale, Fla., is in the final stages of purchasing the Inn at Palmer Divide in Palmer Lake. ARS treats people for substance abuse, alcoholism, addictions and eating disorders with related mental health treatment programs and centers. Allison Walsh, vice president of business development […]

Big shots’ gun spot making noise

Big shots’ gun spot making noise

At Magnum Shooting Center, business started not with a whimper… “We had 1,700 paid members before we opened,” said Todd Lockburner, principal and general manager of the region’s Super Wal-Mart of firearms, located just off Northgate Boulevard and Interstate 25. The $7 million, 33,000-square-foot center opened at Polaris Pointe in November with the help of […]

Discarded main streets symptoms of bigger issue

Discarded main streets symptoms of bigger issue

In 1985, Citizens Goals launched “Project 2000,” a community-based effort to find “creative solutions to the challenges affecting our quality of life in the Pikes Peak Region now and into the future.” The project focused on fears that badly planned and poorly regulated development would degrade the region’s quality of life. While the lengthy draft […]

Powers corridor sees significant growth

Powers corridor sees significant growth

Eventually, Powers Boulevard will extend to Interstate 25 from Colorado 83, a paper corridor now home to native grasses and antelope. Classic Homes donated the right of way for one mile of the four-mile extension corridor to be built north of 83 to move traffic west to eventually hook to the interstate. The focus of […]

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