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Colorado Spring’s FirTree Apartments at 3835 Radiant Dr. was the first property to receive certification in the Colorado Springs Police Department’s Crime Free Multi-Housing Program. Conducted in partnership with the Apartment Association of Colorado Springs, the program trains rental-property owners, apartment managers, leasing agents, maintenance staff and other personnel in how to stop illegal activities […]
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Big retail contributed big wads of money to local construction, according to permits filed with the Pikes Peak Regional Building Department. Wal-Mart pulled permits to build its nearly $9 million, 208,433-square-foot store at 1575 Space Center Dr. And Target pulled permits for a $1.7 million remodel of its store at 335 N. Academy Blvd. Colorado […]
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Johnny Nolan, a popular long-time bar manager of the Ritz Grill, has opened his own new restaurant and tavern called SouthSide Johnny’s. Nolan, along with partners Dave Lux and Luke Travins, owners of Concept Restaurants, said they have developed a new model for the lower area of downtown Colorado Springs. SouthSide Johnny’s features a full […]
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Last week I received notice (as did most RCIS members) from Andy Oyler at Grubb & Ellis Quantum Commercial of “wants and needs.” Don’t you love it? Even in a slowed commercial real estate market, there are always clients looking for a diamond in the rough or a good property in a key location. It […]
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When Frank Davis, director of facilities at Phil Long Ford, went looking for bids on building maintenance, he interviewed local firms and chose Aspen Diversified Industries (ADI) to do the job. Pretty typical, right? But ADI is not a typical company.In truth, ADI’s chief, Ken Barela, is actually an “executive director”, and the company’s 120 […]
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According to experts in the field of property management, the times they have been a-changin’. No longer is the field dominated by single building owners, responsible for all maintenance, rent collection and leasing. Today’s property managers are often responsible for multiple properties and thousands of units — perhaps part of a Real Estate Investment Trust […]
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It’s been interesting to hear about some of the recent “transactions in the works” – deals that are almost there, but pending signatures or contract acceptance. One that comes to mind is Pikes Peak Mental Health’s pending purchase of the former K-Mart and Youth Outreach facility at South Circle Drive and Airport Rd. The 100,000+ […]
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The Dow has dropped hundreds of points in recent weeks and local home construction is hurting, but Colorado Springs economist Fred Crowley says the residential building slowdown is nearing an end and a slow recovery will ensue. Crowley, an economist with the Southern Colorado Economic Forum at the University of Colorado at Colorado Springs, told […]
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Quality land development and quality of life go hand in hand – or so says Scott Smith, chief operating officer and manager of La Plata Investments, developer of 9,600 acres in the Briargate community for six of the last 22 years. Briargate today represents the culmination of vision, land studies, planning, building, economic boom and […]
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FYI: Large Ranches Read an interesting article in the May issue of Colorado BIZ on the remaining large tracts of land in Colorado — and who owns what. The Greenland Ranch has become a permanent development buffer between Colorado Springs and Denver – particularly on the west side of I-25. The 21,000-acre parcel (straddling both […]
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Last week I joined a group of fifteen realtors on the “Sales Group Tour,” a monthly shuttled event, organized by Steve Wrestler of Prestige Properties. The program is an informal one – cost is just $50 per year to get on the list. What a great, low-key way to get educated about the Pikes Peak […]
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For those who follow real estate activity to the north, this information may be interesting. Schuck Update Dennis Champine has been named vice president of TransPort, the 6,300 acre transportation/distribution/business center in Aurora (contiguous to the Front Range Airport in Adams County), under development by Colorado Springs’ own Schuck Corporation. Champine served two four-year terms […]
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