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The annual report about progress of the South Academy Boulevard revitalization project is a mixed bag. City planners presented the report to City Council this week, and while new retail development along the corridor is planned, job opportunities are on a downward slope and overall progress seems to have hit a red light. “I like […]
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  UPS expects the global economy to get worse before it gets better. Again.   The world’s largest package delivery company is more pessimistic about U.S. growth than many economists. It predicts global trade will grow even slower than the world’s economies — a trend not seen since the recession. It’s making cuts in its […]
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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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  Falling natural gas prices are taking a toll on La Plata County’s budget.   The county was told Tuesday it could lose more than $920,000 in property-tax revenue because of a 25 percent drop in natural gas prices last year.   The assessed value of oil and gas development in the county changes annually […]
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  A sobering economic snapshot intensified the presidential campaign on Friday as President Barack Obama rolled through two vote-rich battleground states and Republican Mitt Romney fended off conservative complaints about his plan for winning.   A stand-pat jobless report that left the unemployment rate unchanged at 8.2 percent set a new standard from which to […]
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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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A new State of Downtown report reveals a vibrant downtown Colorado Springs where people are increasingly coming to dine, shop, attend events and live. “Downtown has experienced incredible growth over the past couple of years with new businesses and establishments choosing to locate in the heart of our city,” Mayor John Suthers stated in an […]
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Colorado’s economy is adding jobs at a faster rate than last year, and manufacturers are benefitting from expansion in the energy industry. That’s the latest word from the Goss Institute for Economic Research, which issues monthly reports about the economies in the mountain region – made up of Colorado, Utah and Wyoming. “Colorado’s job additions […]
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The Ivywild School development was envisioned as a gathering place in a historic neighborhood where people could sip a handcrafted beer, enjoy a meal or snack, buy locally grown food, go to a concert or attend a meeting. Since it opened in the summer of 2013, Ivywild, at 1604 S. Cascade Ave., has promoted redevelopment, […]
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A decommissioned passenger car from the Pikes Peak Cog Railway will reside at the new Switchbacks stadium in downtown Colorado Springs. Manitou Springs City Council accepted the cog management’s offer to keep three of the cars it is getting rid of as it rebuilds and restores the railway and adds new cars — a project that […]
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When Yemi Mobolade moved to Colorado Springs eight years ago, the narrative he’d hear about his new city wasn’t always positive. “I’ve been told that we were our own worst enemy when it came to storytelling,” he said. Fast-forward nearly a decade and those tales have substantially changed. Mobolade is heavily involved in crafting the […]
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A new form of tax incentive will be applied for the first time to bring a SCHEELS sporting goods store to northeast Colorado Springs. Fargo, N.D.-based SCHEELS All Sports has proposed building a 220,000-square-foot store in the InterQuest Marketplace commercial area northeast of Interstate 25 and Interquest Parkway. Colorado Springs City Council on Tuesday approved […]
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