According to UCCS College of Business and Administration’s Southern Colorado Economic Forum Senior Economist Fred Crowley, Colorado Springs has begun to recover from a brief recession, but is trailing the national recovery by several months. He arrives at this conclusion in the Forum’s Quarterly Updates and Estimates. His analysis is based on measuring several key […]
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Urban redevelopment projects tend to start strong with big announcements of promising new office and residential projects. But the track record of such projects is decidedly mixed.
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Recession? That was the buzz word on the lips of two economists from the Federal Reserve Bank of Kansas City, Mo., during their presentations at the 2001 Colorado Economic Forum at the Antler’s Adam’s Mark Hotel on Tuesday. C. Alan Garner, the bank’s assistant vice president and economist, discussed the challenges for monetary policy facing […]
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Architectural firms can be a leading indicator for the construction and real estate markets, as the design process is typically the first stage in a project’s development. “We get phone calls every day from contractors asking us what we have going on,” said RTA Architects President Randy Thorne. By this metric, and by Thorne’s account, […]
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Hope I didn’t throw those of you looking for the Urban Land Institute update a curve last week. The information was held for this week’s column instead. As usual, commercial real estate seems to be attracting renewed attention in the face of the stock market’s contractions – it’s even starting to attract the attention of […]
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The Obama administration has been responding to questions about the effectiveness (or lack thereof) of the $787 billion stimulus program since the president signed the bill at the Denver Museum of Nature and Science back in early 2009. But the wheels of the government grind slowly, and perhaps the administration’s response should have been: just […]
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Developers of the Flying Horse golf course development on the far north end of town are asking the Colorado Springs planning commission today for the green light to break ground on 122 new single-family home sites. Doug Stimple, owner of Flying Horse Development and Classic Homes said the new plots will be in the development’s […]
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Could it finally be that area home builders might come out from under the economic black cloud that’s hovered over the industry since 2007? Ralph Braden, president of the Colorado Springs Housing and Building Association and vice president of Nor’Wood Development, thinks so. Based on an NAHB economic forecast during a webcast last week, he […]
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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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The Colorado Springs commercial real estate market, according to a recent report, remained mostly flat in the third quarter of 2014. The Quantum Commercial Group Inc. quarterly report painted a picture of the market as one that has cooled in recent months and is being harvested by opportunistic investors attracted by good prices and low […]
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The Colorado Springs residential real estate market has more than just rebounded. It’s on fire. “This is probably the best market for selling a house in 12 years,” said Prudential Rocky Mountain Realtor Sylvia Jennings. And she’s not the only one with that kind of news. Local real estate agents are quick to share stories […]
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Here’s one of the standard Colorado Springs narratives: Once upon a time there was a beautiful, cultured city of 34,000 nestled beneath Pikes Peak. But sometime in the 1950s, hordes of short-fingered vulgarians descended upon the city, transforming it into a wilderness of tract houses, beige subdivisions and cookie-cutter shopping centers. There’s some truth in […]
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