El Paso County has broken with tradition to become an active partner in building affordable housing — while assuming none of the risk. The innovative approach could help ease the region’s need for more affordable housing. “It’s truly a model for the future,” said Dick Sullivan, former executive director of Colorado Springs Housing Authority who […]
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The Tri-Lakes region — Monument, Palmer Lake and Woodmoor — is seeing unprecedented growth as commercial development along Interstate 25 has given way to homebuilding aimed at meeting the demand of a growing population. Over the past decade, Monument has led the region’s development with its growing retail and restaurant options, as well as the […]
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More than 100 homeless people living in tents on Springs Rescue Mission property were ordered to leave Oct. 12 after the nonprofit received a zoning violation due to a rapid increase in campers and complaints. The city of Colorado Springs’ Neighborhood Services Division issued the citation after receiving a number of calls for service to the […]
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When Kathleen Cancel began shopping for a home earlier this year, she had no way of knowing what a daunting task it would become. Her criteria were reasonable: Cancel was looking for a home with three bedrooms, a sloped roof and a central location. But in the Colorado Springs housing market, her budget of $120,000 […]
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A team of Colorado Springs businesses is building on its successes in Colorado Springs and Boulder to develop affordable housing in Salida. The group of architectural and urban design companies used local talent developed in the Springs to design and build affordable housing in other areas in the state — with successful results, said Tim Seibert, […]
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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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According to the 2015 second quarter report from Nationwide Insurance Health of Housing Markets, the Colorado Springs and Pueblo housing markets are stronger than that of Denver and Grand Junction. The national Leading Index of Healthy Housing Markets shows that the overall housing market is healthier than at any time since 2001, according to Nationwide. […]
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Nineteenth-century American essayist Charles Dudley Warner is credited with saying, “Simplicity is making the journey of this life with just baggage enough.” Darin Zaruba, CEO of EcoCabins and champion of the tiny home, is counting on a chunk of civilization taking those words to heart. In fact, he’s bet his livelihood on it. He said, […]
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On April 4, 2014, the Business Journal published a story on the state of downtown multi-family housing that touched on local developers who then planned to break ground on projects in the coming year. Exactly 12 months later, only two of those proposed developments are under construction, while a handful more — for one reason […]
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RealtyTrac, a leading source in the U.S. for comprehensive housing data, today released its Q4 and Year-End 2014 U.S. Home Flipping Report, which shows 136,269 U.S. single family homes were flipped in 2014, 5.4 percent of all single family home sales during the year — the lowest share of flips since 2011. A total of 32,578 […]
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For the third time in 2014, U.S. Bank, in partnership with Freedom Alliance and Five Brothers, are set to donate a home to an injured U.S. Army veteran. Wednesday, Nov. 19, Sgt. Patrick McPherson and his family will be welcomed to their new, mortgage-free home at 5171 Fossil Butte Drive in Colorado Springs. McPherson was […]
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How does a city replace what it once threw carelessly away? From 1960 to 1980, downtown lost approximately 1,000 residential units. Many buildings that contained them have long since disappeared, as has the downtown culture that supported them. The long process of demolition and change was carefully recorded by local photographers Helen and James McCaffery. […]
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