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As the clock struck midnight last New Year’s Eve, Colorado Springs real estate experts believed 2016 would prove to be one of the strongest years in the history of the city’s commercial and residential markets. They were right. The past 12 months have produced a meteoric rise in home values and sale prices, drastically decreased […]
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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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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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For Jake Durfee, hail can be perfectly sized — about an inch and a half in diameter, similar to a golf ball. “Any smaller, if it does damage, people usually don’t care too much,” said Durfee, owner of Certified Hail and Dent, INC. “Any bigger and it could total the car.” Durfee said this summer […]
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It’s an afterthought — the 7,488-square-foot scrap of land sliced from lot 12, block 134 of the city of Colorado Springs. Located at 210 Pueblo Ave., immediately west of the Tim Gill Center for Public Media, the long-vacant south downtown lot came on the market in a 2013 estate sale. Commercially zoned, roughly triangular in […]
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Sam and Kathy Guadagnoli’s $75 million redevelopment project spanning South Nevada Avenue, Tejon Street and Cascade Avenue has taken off — the Colorado Springs entrepreneurs started demolishing homes in the area in March and continued work this week. Rundown houses in blighted areas of the Ivywild neighborhood were cleared to make way for the Guadagnolis’ […]
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GE Johnson Construction and Schmueser & Associates formed a joint venture under the ownership of GE Johnson Holding Company, the company announced Thursday. Under the arrangement, S&A will continue to be operated by Larry Schmueser II, the son of the founder, Larry Schmueser, said GE Johnson President and CEO Jim Johnson. “We had decided through […]
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The unexpected discovery of a new species of high-altitude rodent has temporarily halted construction planning for the new Pikes Peak Summit House, and could seriously affect the visitor economy of the Pikes Peak Region. “We were doing preliminary site work on the summit, despite the weather,” said RTA Architects principal Stuart Coppedge, “when we discovered […]
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The wait is over. Now the tough part begins for everyone affected by the Interstate 25/Cimarron interchange project. Serious work begins with the first night-time lane closures on Sunday, March 13, as Phase 1 of construction begins on the $113 million design-build undertaking. The first steps include re-striping and narrowing lanes on I-25 as well […]
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The two Colorado Springs women behind Blue Dot Place, a 33-unit apartment complex under construction in south downtown, showed their enthusiasm while hosting public tours of their brainchild development on June 18 and June 23. Kathy Loo and Darsey Nicklasson, two halves of BDP Development LLC, together led a group of around a dozen community […]
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Craig Ochs never met Scott Hall, but the two shared a passion — sports and their impact on area youth. Hall was a Colorado Springs resident, a married father of three and an active youth sports coach. He died unexpectedly of cancer in October 2012. Ochs carries on Hall’s legacy as executive director of the […]
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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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