The proposed land swap between The Broadmoor hotel and the city of Colorado Springs is the culmination of years of negotiations, discussions and brainstorming between the two parties, as well as other stakeholders. But despite the negotiations, residents surrounding the city-owned parkland are picking sides — and even some open-space groups are undecided if the […]
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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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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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Front Range Commercial recently announced a number of real estate closings that took place in recent months. A near-$3.5 million sale of 3780 and 3790 E. Woodmen Rd. closed Nov. 20. The seller was REB Enterprises II LLC and the buying entity was LIC Family Partners LP. Realtors Bob Nolette and Michael Roslin represented the […]
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Throughout the years, once-unincorporated areas in Colorado have chosen for different reasons to go legitimate and incorporate themselves — but some still have resisted. Among those communities that have chosen time and time again to remain under the jurisdiction of El Paso County are Falcon, just northeast of Colorado Springs, and Security-Widefield, between Colorado Springs […]
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Several Realtors have sold commercial property in the Colorado Springs area recently, according to press releases. The Quantum Commercial Group announced the sale of the 10,228-square-foot office and retail space at 2514 W. Colorado Ave. The property sold for $1.1 million, and Mary Frances Cowan was the broker. The seller was 2514 LLC, and the […]
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As the clock struck midnight last New Year’s Eve, Colorado Springs real estate experts believed 2016 would prove to be one of the strongest years in the history of the city’s commercial and residential markets. They were right. The past 12 months have produced a meteoric rise in home values and sale prices, drastically decreased […]
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The Craftwood Inn, a longtime staple of the Manitou Springs community, closed suddenly Sunday after more than 70 years in business. Owner Dave Symonds, who purchased the eatery at 404 El Paso Blvd. in 2003, was noticeably distraught Tuesday after shutting the Craftwood’s doors for what might be the last time. “It’s a real shame,” […]
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The traditional summer housing slowdown that was evident in July and August in Colorado has continued into September, according to the latest figures from the Colorado Association of Realtors. Despite the number of sales declining month by month, the numbers remain higher than those seen for the same months last year. Housing markets often experience […]
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