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Colorado Springs has studied its downtown and come up with ideas for improving it. Now, city leaders are hoping one more study will show them how to implement those ideas.
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Seven years ago, the phone rang at the Colorado Springs Economic Development Corp. with an inquiry.
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Bal Seal Engineering Inc. broke ground Thursday on a 155,000 square-foot manufacturing plant that promises 200 jobs in the next two years. Local and state government officials, local business leaders, small business owners and Bal Seal employees celebrated at the 18-acre site, off InterQuest Parkway and Federal Drive in northern Colorado Springs. The project was […]
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  The economy at risk, President Barack Obama accused Republicans on Friday of pursuing policies that would weaken the U.S. recovery, and he simultaneously urged Europe’s leaders to prevent an overseas debt crisis from dragging down the rest of the world.   At a White House news conference five months before Election Day, the president […]
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Colorado’s economic indicators slipped in May, but remain healthy, according to information from the Goss Institute for Economic Research. Employment, production and sales, inventory and new orders are all still above national levels, however. “Durable goods producers are outperforming non-durable goods manufacturers in the state,” he said. “Heavy manufacturers are adding employees at the same […]
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When Mayor Steve Bach was campaigning last spring, his business-friendly platform included vows to create jobs, streamline the development review process and end the business personal property tax.
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The federal government is launching a $26 million challenge to manufacturers to foster innovation and job creation through public-private partnerships. The hope is the challenge will help entice private capital to projects that oculd promote cluster-based development in regions across the United States. The government wants to build on the momentum within the manufacturing sector, […]
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  A measure to increase tax rebates an incentives for film production in Colorado will be signed into law.   The new law will increase the tax incentive the state gives production companies from 10 percent to 20 percent. The refund is given to filmmakers to help offset costs for in-state expenditures.   Colorado’s new […]
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The Colorado Springs Convention and Visitor’s Bureau is hoping local businesses will take out the newly re-designed city logo and try it on for size. Put it on a T-shirt or a ball cap, they say. Slap the new city slogan “Live it Up” on bumper stickers; use the art and slogan in company collateral; […]
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In some ways, the local economy is showing its strongest performance since bottoming out in February 2009, but there are still concerns about employment and real income, according to the Southern Economic Forum’s quarterly update. The regional manufacturing index is up 43 percent since the recession and consumer confidence is up 19 percent. Economists at […]
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Joe Raso started his job Monday as the first CEO of the newly merged Colorado Springs Chamber and Economic Development Corp. — and he has his work cut out for him.
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Drake Power Plant’s days could be numbered. But it could be decades before the familiar plumes of steam no longer dominate the downtown landscape. The Colorado Springs Utilities Board of Directors – essentially, City Council – asked the utilities staff to study the feasibility of de-commissioning Drake, the coal-fired power plant. Tentatively, the study will […]
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