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Editor’s note: This is the first of a two-part series with nine local stakeholders discussing their industries and how they’re preparing for the next economic downturn.  It’s an interesting time to live in Colorado Springs, let alone to run a business. Though the city’s booming economy might encourage increased investment, many fear the next economic […]
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The challenges presented by a lack of affordable housing, along with the continued commercial development downtown and to the north, dominated area real estate news in 2018. The Colorado Springs housing market is predicted to be the hottest in the nation next year, according to Realtor.com. Median house prices across Colorado, including in Colorado Springs, […]
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People have discovered the drive from northern El Paso County to Denver isn’t so bad. A driver can reach The Denver Tech Center from Monument in about 40 minutes, said Terri Hayes, president and CEO of the Tri-Lakes Chamber of Commerce. “A lot of the families that we have in our community have one spouse […]
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Urban renewal is about taking a place nobody wants to touch, and turning it into somewhere everyone wants to be. When it works, derelict buildings, empty lots and crime-infested streets give way to lively stretches of entertainment, art, shopping, dining and retail. The once-blighted neighborhood loses its stigma but retains a distinctive culture — and […]
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  The shape and scope of Creekwalk — a key piece in the burgeoning development in the South Nevada Urban Renewal Area — has been revealed. The 61,700-square-foot shopping center will sit on approximately 11 acres, stretching from Ramona Avenue south to East Cheyenne Road, bounded by South Nevada Avenue and Cheyenne Creek.   Creekwalk […]
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Southeast Colorado Springs has become a hot spot for home sales between $200,000 and $300,000. “There is definitely an upswing of activity in that price range in the Southeast part of town,” said Joe Clement, owner of RE/MAX Properties Inc. “The rest of the city is having trouble in that price range because it has […]
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South Nevada Avenue is set for another burst of activity and transformation in the coming weeks. Construction has been a staple in the urban renewal area over the past year, but behind the scenes and the growing row of retail storefronts, hundreds of wheels are turning on projects that will breathe new life into the […]
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In the past two weeks, two stunning announcements about sports stadium development have been made in southern Colorado. Visions for the projects in Colorado Springs and Pueblo were much the same: stimulate economic development by bringing sports teams downtown to play in multipurpose venues. Both plans featured public-private partnerships, and...
The average cost of apartment rent in Colorado Springs continues to rise as more high-end units enter the market. “Part of this most recent increase really isn’t a rise in rents as much as the product that is coming online and being included are higher-end properties,” said Laura Nelson, the executive director of the Apartment […]
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The number of single women buying homes is on the rise both nationally and locally. “At least in the past year to year and a half, the majority of my clients have either been a couple buying a home or single women,” said Larissa Bottenfield, a broker associate for Re/Max Integrity. “I’ve had some single […]
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A recent change to a 30-year-old annexation agreement will help Colorado Springs attract new businesses. “I think the revised annexation agreement for Banning Lewis Ranch is one of the major milestones the community has gone through — just like with the Southern Delivery System that gave us water for the next 50 years,” said Bob […]
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