Colorado Springs downtown ranked No. 9 in the Top 10 Best Downtowns of 2016 in a new ranking by

The news came as the Downtown Partnership released its first state of downtown report, detailing business, retail, real estate and other investments in the downtown core of Colorado Springs.

In the ranking, The Springs was chosen based on vacancy rates, new housing and art-related businesses, combined with a blend of historic architecture and proximity to hiking trails, according to a press release from the Downtown Partnership. compared data from sources that included the Census Bureau for  more than 2,000 small to mid-size cities. To make the cut, downtowns had to have low vacancy rates, new development and an influx of people.

The Downtown Partnership released it first state of downtown report this week, highlighting more than $500 million in competed, under construction and new development in the city’s core. They also said the 2,300 businesses employ 17,000 people —  a much denser workforce population than anywhere else in the city.

The report also highlighted areas that need work: bike lanes, walkability scores and residential living.

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