Rising interest rates might mean it’s time to consider refinancing — at least certain loans. “If you have an interest rate on a piece of equipment or building for your company, it’s a good time to check when your loan matures,” said Jason Doyle, president of UMB Bank in Colorado Springs. “If it’s next year […]
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Editor’s note: This is the first of two articles on school ballot measures. Next week, the Business Journal will review ballot measures for Harrison School District 2 and Manitou Springs School District 14, as well as the statewide Amendment 73 proposal. Five El Paso County school districts are presenting a total of six measures on […]
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  It’s time to take hacking personally, John Sileo says. Whether you’re a victim because Equifax lost your entire credit profile, or because Russians hacked your data from Facebook, the way to start securing your life and your business against cybercrime is to take it personally. Sileo knows this from bitter experience. Sixteen years ago […]
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Mayor John Suthers has presented a 2019 budget proposal to Colorado Springs City Council that aims to keep the red-hot local economy percolating. “Our first and primary strategic plan goal remains promoting job creation,” Suthers wrote in his Oct. 1 budget message. “We’ve created 24,000 jobs since June of 2015, an average of 7,300 jobs […]
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Fall is when leaves change color, football season kicks off, and for many Coloradans, it’s when they pick their upcoming year’s benefits plan. “One of the things that is absolutely key is to think about how [employers and their] human resources team communicate open enrollment to their employees,” said Vincent Plymell, communications manager for the […]
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Colorado Springs is now home to the nation’s first cybersecurity CTSO, thanks to a grassroots push by local cyber educators and students. A CTSO is a Career and Technical Student Organization (prominent examples include DECA and Future Business Leaders of America) and this new CTSO is designed to get kids on to academic and career […]
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The money has started to flow for Colorado’s sweeping cybersecurity plans, after Governor John Hickenlooper signed Senate Bill 086 into law at the end of May. SB 086 “Cyber Coding Cryptology for State Records” is the bipartisan bill that funds the requirements of 2016’s House Bill 1453, which created the Governor’s Cybersecurity Council and the […]
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Out-of-state retailers who sell online in Colorado will soon have to pay state sales taxes and state-collected local sales taxes. Retailers with at least $100,000 in annual sales or 200 annual transactions within the state will be required to obtain a state business license by Nov. 30 and begin collecting and remitting sales taxes Dec. […]
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Urban renewal is about taking a place nobody wants to touch, and turning it into somewhere everyone wants to be. When it works, derelict buildings, empty lots and crime-infested streets give way to lively stretches of entertainment, art, shopping, dining and retail. The once-blighted neighborhood loses its stigma but retains a distinctive culture — and […]
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Colorado Springs is enjoying a booming economy right now. According to the U.S. Bureau of Economic Analysis, the Colorado Springs area’s gross domestic product — an estimate of the value of goods and services produced in a metropolitan area — increased 5 percent in 2017, the biggest gain since 2010. But the rising economic tide […]
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  The shape and scope of Creekwalk — a key piece in the burgeoning development in the South Nevada Urban Renewal Area — has been revealed. The 61,700-square-foot shopping center will sit on approximately 11 acres, stretching from Ramona Avenue south to East Cheyenne Road, bounded by South Nevada Avenue and Cheyenne Creek.   Creekwalk […]
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Southeast Colorado Springs has become a hot spot for home sales between $200,000 and $300,000. “There is definitely an upswing of activity in that price range in the Southeast part of town,” said Joe Clement, owner of RE/MAX Properties Inc. “The rest of the city is having trouble in that price range because it has […]
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