For 17 years, Mike Luoma has enjoyed a spectacular view from his townhome in a neighborhood called Fairways at Springs Ranch. The neighborhood gets its name from the Springs Ranch Golf Course. Luoma’s backyard abuts the course, and he can gaze across the fairway to Pikes Peak. He won’t be able...
Robin Roberts, president and CEO of Pikes Peak National Bank, worked all weekend after the Small Business Administration opened up the new paycheck protection program loans for applications. These loans are designed to incentivize small businesses to keep their workers on their payrolls, but the money also can be used...
Two longtime staples of the Eastside restaurant scene closed within weeks of one another last summer, with Mimi’s Café and Outback Steakhouse shuttering their New Center Point Drive locations. Six months later, Eastside residents lost another dining option when Fox and the Hound sports bar closed its doors in the...
At its 2010 inception, city officials anticipated the 200-acre Polaris Pointe retail complex in northern Colorado Springs would impact the city’s economy to the tune of $800 million over the next 25 years. In February 2019, the city ratcheted up its estimate to roughly $4.2 billion over a quarter-century, also...
A San Francisco- and Denver-based company is helping University of Colorado employees purchase homes through a down payment assistance program, and officials hope to extend those services to the Pikes Peak region by the end of this year. CU officials this week announced a partnership with Landed, Inc., that will help...
Class A office buildings are difficult to define, but people will typically know one when they see it. These properties — generally built within the last 15 years — represent the highest-quality buildings in their market and area, with top amenities, high-income-earning tenants and low vacancy rates, according to real...
The Colorado Springs real estate market consistently ranked among the nation’s hottest metro areas in 2019, and experts say it shows few signs of cooling. In a December report, the National Association of Realtors identified Colorado Springs as one of 10 markets expected to outperform nationally in the next three...
After months of contentious discussions with Colorado Springs property owners, City Council has finally created new regulations to govern the operation of short-term rental properties, commonly offered through online booking platforms like VRBO and Airbnb. A divided Council voted 5-4 on Dec. 5 to approve new provisions as recommended by...
Local entrepreneur James Johnson knows all too well the value of a good home — and not just because of his background in the real estate industry. Growing up in Washington State, Johnson and his family constantly bounced from one place to another — mostly due to financial constraints —...
Developers associated with the Gold Hill Mesa neighborhood are exploring legal action against the Colorado Springs Gazette in light of its recent three-part series about the Westside subdivision it reported is sitting atop shifting soils. The newspaper’s first installment, published Aug. 25, said that city planners and regional building staff...
At the Colorado Springs City Council session on Oct. 22, councilors were scheduled to vote on a trio of measures that will determine how short-term rental properties, commonly booked through websites like Airbnb, are regulated throughout the city in the years to come. On the agenda were proposed ordinance amendments...
Owners who are thinking of selling their businesses have picked a great time to do it. “This is probably the best market that I have ever seen,” said Ron Chernak, president of FBB Group Ltd., whose firm has been selling businesses in Colorado Springs for 37 years. Thanks to the strong...