Colorado Springs City Council put off voting on changes to the fire code for reconstruction in Mountain Shadows, following opposition from residents who lost their homes in the Waldo Canyon fire. Council heard the suggested changes two weeks ago, which included “hardened” structures with stucco or cementious siding, trees and bushes set back from home […]
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Colorado will receive $1.8 million as part of a settlement with Lender Processing Services for past document execution practices to mortgage loan servicers. Attorney General John Suthers said that certain residential mortgage loan servicers asked people employed by LPS subsidiaries to sign or assist with the execution of mortgage-related documents – lost instrument affidavits, deed […]
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Less than a year away from completion, the $60 million, 300-room Renaissance Hotel on Interquest Parkway is beginning to take shape. On a site tour last week, the CSBJ learned that groups are already booking room nights in anticipation of the hotel’s opening next spring. “We’ve already had a lot of calls from people wanting […]
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Construction workers across the nation worked more but were injured less often last year. The non-fatal injuries and illnesses case rate decreased from 6.3 cases per 100 workers during 2005 to 5.9 percent last year, according to the Bureau of Labor Statistics annual Survey of Occupational Injuries and Illnesses. Construction injuries and illnesses totaled 412,900 […]
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Following are the most expensive foreclosures over $200,000 that sold at the El Paso County Public Trustee’s foreclosure auction on Wednesday, March 7. They are listed in order of bid amount.
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Cindy Cartwright immediately felt at home when she moved from California to Colorado Springs with her family as a 12-year-old in 1989. Now 36, Cartwright works matching skills with needs in the local employment industry as a manager at ADD STAFF. Tell us about your job. I began my career with ADD STAFF in July 2006 […]
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The wheeling and dealing continues in Colorado Springs – a reassuring update in view of the current economy. Thanks to those all of you who submitted your many sales and lease reports this month. You guys have been working hard and could use a vacation! How about a few days in Cancun, Vail or Pebble […]
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While commercial real estate deals have picked up, the local multifamily investment market remains stuck in low gear, in part because investors sniffing for distress deals aren’t finding them here. That, of course, is a good sign for anyone holding such property. Investors have shown the most interest in new Class A properties as well […]
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Private commercial construction spending was up 17 percent nationally year-over-year in January, according to a report from the Associated General Contractors of America. Construction spending in January totaled $827 billion. While year-over-year construction spending was up across all sectors, spending slipped slightly in most construction categories in January, according to the report. Despite those declines, […]
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As bad times continue to soak every corner of the real estate market, realtors are getting creative (and generous) in a bid to stay competitive. As a result, some local business is about to land a helluva deal from broker Hoff & Leigh. On March 16 the firm will raffle off a free year of […]
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To begin the year, there’s good and not-so-good-news regarding home prices in the Pikes Peak region. The area compared favorably with the rest of the country, based on First American CoreLogic’s loan performance home price index. Based on the latest HPI results reported during December, home prices had continued their year-over-year decline nationally through October […]
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When Van Briggle Pottery vacated its former headquarters at Highway 24 and 21st Street last year, the stage was set for Griffis Blessing to redevelop the 3.25-acre site. With its first occupants scheduled to move in this spring, the $5 million redevelopment includes both the historic 30,000-square foot railway roundhouse and 10,000 square feet of […]
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