A lawsuit filed against the city doesn’t seem to present a conflict of interest for an asset manager who is running for City Council, despite concerns to the contrary. “If it was, I’d recuse myself,” said Kevin Butcher, who is running for a seat on City Council representing District 2, the northeast section of Colorado […]
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Green. The color has many connotations attached to it: luck of the Irish and a knack for cultivation are just two of them. Both are metaphors, in a wee way, for real estate issues. Lucky charms At the Planning Commission meeting March 8, the Southwest Downtown Urban Renewal Plan grew an inch, passing unanimously 8-0, […]
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Spring is in the air and so is change in the real estate community. The Southern section of the Colorado Chapter of the American Society of Landscape Architects had its monthly meeting March 1. The group pondered pursuing the opportunity for licensure. In 1979, Colorado legislation eliminated licensure requirements for landscape architects, said Ronald Evans, […]
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Members of the Urban Renewal Authority patted one another on the back last week after finally resolving the relocation policy associated with urban renewal. However, some business owners and concerned citizens who attended the URA¡¦s board meeting were less enthused, crossing their arms and shaking their heads. ¡§They may have a great vision for what […]
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Memorial Hospital had been considering adding new Wards – Montgomery Wards, that is. Hospital management received the nod of approval last week from the board of trustees to enter into negotiations to purchase the soon-to-be-vacant Montgomery Wards building at 2420 E. Pikes Peak Ave. The discount retailer said Dec. 28 it was filing bankruptcy proceedings, […]
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If Colorado Springs is the land of honey, then developers are sticking to it. Circle Square Properties LLC of Brighton, Colo., bought 18.6 acres of land on the southeast corner of Circle Drive and Janitell Road for $2,834,994 from Recreational Investments and Management Inc. in Branson, Mo. The property is part of Harrison Business Park. […]
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Federal Express isn’t done growing yet. The national shipping company plans to erect two more buildings on its 28-acre Rocky Mountain Technology Center campus on Voyager Parkway in northern Colorado Springs. The Business Journal discovered in June 1999 that the company was building its first building, a 156,000-square-foot structure in Northgate. FedEx spokesman Ed Coleman […]
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El Paso County’s new land-development review process division received approval last week to adopt a new surcharge. The El Paso County Commissioners also supported creating a new fund to finance the new division. The El Paso County Commissioners approved a $15 surcharge on all new land-development applications and permits. This fee will reimburse a $500,000 […]
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Eminent domain is not just a policy; it¡¦s the law for local and state governments. The law allows the Urban Renewal Authority of El Paso County to usurp businesses in areas where urban renewal will occur. Furthermore, the law states that the URA is not legally bound to compensate business owners for any costs concerning […]
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Rep. David Schultheis is brand new to the Colorado Legislature, but that doesn’t deter him from sponsoring a controversial bill that is also supported by Gov. Owens. In conjunction with the governor’s office, on Feb. 13, Schultheis, a Republican from District 22 in El Paso County, introduced to the Legislature a bill that would require […]
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A Newport Beach, Calif.-based company, WL Homes LLC, parent company of John Laing Homes, purchased Colorado Springs-based builder, Estate Homes LLC. The recent acquisition increases the number of John Laing Homes’ divisions to nine nationwide and two in Colorado. The other Colorado division is located in Denver. Estate Homes pulled 75 permits in El Paso […]
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