Judging by recent conversations with some of the commercial real estate community’s finest, the Pikes Peak region is suffering a few setbacks, but most brokers are busy. Foreclosures are up (29 recorded in the Daily Transcript this week), but savvy investors are poised for bargains – and new employers are still making announcements. Here’s hoping […]
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In September 2015, hotelier and attorney Perry Sanders announced plans to construct a residential skyscraper in downtown Colorado Springs, rising as high as 100 stories. At the time, few people took Sanders seriously. Online reactions ranged from disbelief to jocular scorn — as in: “Isn’t this story a little late for April Fools?” But Sanders […]
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New construction totaled $885 billion nationally in February, up 1.2 percent from the  revised January level and 7.9 percent higher than a year ago, according to a recent report from the Associated General Contractors of America. “It is encouraging to see growth in both monthly and year-over-year totals in private residential and nonresidential construction spending,” […]
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When the Waldo Canyon fire raced down the ridgeline and into the Mountain Shadows neighborhood, homes were destroyed no matter what building materials were used. Houses with stucco siding, houses with redwood decks, cedar fencing, uneven irrigation and too many trees too close to the house — all went up in flames. In many cases, […]
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Support, encourage, grow. These words are important in building a workforce in any industry, but to the women of Heating and Plumbing Engineers, Inc., they are a way of life. “Support, encourage, grow is always something that’s at the forefront of everything we’re doing,” said Leah Walton, talent specialist at HPE, where women are encouraged […]
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The Colorado Springs multifamily housing market has in recent weeks seen the sale of two large apartment complexes totaling nearly $130 million — bringing total sales volume for the year to around $500 million and underscoring the strength of the local real estate economy. The 440-unit Grand River Canyon apartment community in north-central Colorado Springs […]
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The Colorado Department of Transportation announced Thursday the apparent successful proposing team of Kraemer North America, LLC and Tsiouvaras Simmons Holderness to reconstruct the Interstate 25/Cimarron Street interchange. “At $116.1 million, this will be the second largest highway construction project in the Pikes Peak region since COSMIX — the reconstruction of I-25, was completed in […]
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The number of multi-family construction permits issued so far this year is at an eight-year high, but no one’s celebrating just yet. The Pikes Peak Regional Building Department has issued 18 permits for developers to construct 407 multi-family units so far this year, the highest number of units approved annually since 2002. In 2002 1,663 […]
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GE Johnson Construction Company has been named one of Denver’s Top Workplaces of 2015, according to the Denver Post. The newspaper’s rankings designate the Top 100 work places in Colorado, broken out into large companies, midsize companies and small companies. Headquartered in Colorado Springs, GE Johnson was ranked 17th among midsize companies, and is the […]
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Blue Dot starts a new trend

“Why are we going ahead?” asked Darsey Nicklasson. “Because Colorado Springs needs this.” In a letter explaining their decision to go ahead with their long-planned, 33-unit Blue Dot apartment development on South Nevada Avenue, Nicklasson and partner Kathy Loo made their point in a single sentence. “We will continue to be a very active part […]
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Phantom Canyon Brewing Company, at the corner of Pikes Peak and Cascade avenues, will begin construction next month on a two-story addition and outdoor patio on the north side of its building.
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Colorado Springs won’t have to wait until 2015 for its new Trader Joe’s to open, after all. After months of insisting its target was early next year, the California-based specialty grocer announced this week its first Colorado Springs location at University Village Colorado will open Oct. 10. The 12,400-square-foot store, under construction at 5342 N. […]
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