Last weekend, online broker Scottrade became the latest company to become a victim of a data breach, when cyber criminals stole personal information from 4.6 million people using the company’s services. The company wasn’t even aware of the breach until the FBI let Scottrade officials know that someone hacked into their system. Scottrade isn’t alone. […]
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Seventeen local nonprofit organizations will receive grants from the Colorado Springs Osteopathic Foundation totaling $160,000 to provide access to care, transportation, counseling, health education and advocacy for children and adults. The nonprofits receiving grants are: Amblicab – $5,000 for transporting disabled adults and children to medical appointments; Court-Appointed Special Advocates of the Pikes Peak Region […]
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Following years of sluggish progress, the city’s northeast side appears to be undergoing a growth spurt. Development along InterQuest Parkway slowed to a near halt for several years before the spring opening of a Drury Inn & Suites. Since then, several new businesses have committed to InterQuest Marketplace, according to Nor’wood Development Group’s Vice President […]
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By the end of 2016, Monument’s Pikes Peak Brewing Company expects to be the top-producing craft brewery in the county — and one of the top 20 in the state. Not bad for owner Chris Wright, who was only home brewing beer five years ago. This month, Wright announced plans for Project BASECAMP, which will […]
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Benjamin Franklin said nothing was certain in this world except death and taxes. But modern times call for an additional certainty: The nation must respond with increasing frequency and urgency to both natural and manmade disasters. Recent news stories highlight the fact that threats to security are rampant: mass shootings, natural disasters, cyber threats to […]
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At its northernmost point, Powers Boulevard is met with a juxtaposition. By now, InterQuest Parkway was supposed to be a vibrant strip of hotels, entertainment venues, restaurants, offices and residences. Instead, semi-finished buildings left vacant for 10 years stand mere feet from new construction. Stymied by a stagnant economy and developer bankruptcy, associated players are […]
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Cushman and Wakefield Colorado Springs Commercial brokered two real estate sales recently, both in high-traffic areas. KG Store 684 LLC purchased the 2.8-acre vacant commercial lots at 2406-2422 Research Parkway for $1.26 million. The land is at the Corner of Research Parkway and Chapel Hills Drive. Brokers Peter Scoville, Greg Kaufman and Mark Useman completed […]
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Nearly five years after Polaris Pointe (formerly Copper Ridge at Northgate) began as an urban renewal project in north Colorado Springs, businesses continue to slowly populate the development, including a large indoor water park and resort expected to open next year. Still without the infrastructure that was expected to support Polaris Pointe’s growth, developer/investor Gary […]
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Palmer Lake inn sold

Advanced Recovery Systems, a behavioral health care management company based in Fort Lauderdale, Fla., is in the final stages of purchasing the Inn at Palmer Divide in Palmer Lake. ARS treats people for substance abuse, alcoholism, addictions and eating disorders with related mental health treatment programs and centers. Allison Walsh, vice president of business development […]
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When they launched their information technology firm Navakai, Shawn Morland and Davin Neubacher signed their Small Business Administration loan on Sept. 11, 2001, at 8:30 a.m. As they made their way through the loan documents, Morland and Neubacher watched on nearby television monitors at Vista Bank as passenger jets hit the World Trade Center towers. […]
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Editor’s note: This is the second in a series about the Colorado Springs entrepreneurial environment.  The leaders and board of the Colorado Springs Technology Incubator were under a great deal of pressure earlier this year when they convened to determine the future of the 14-year-old nonprofit. Ultimately, coaxed by financial pressures, they chose to do […]
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The Wells Fargo Community Assistance Fund granted $29,800 to 19 El Paso County-based nonprofits, according to a news release sent by the company. This is the 21st year the bank has given money through the CAF. Eligible organizations must be certified 501(c)(3) and have an annual budget of $350,000 or less. “Though they may be […]
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