Although Colorado Springs’ industrial building space saw significant slowing in 2001, rental rates haven’t slipped appreciably compared to most major Southwest cities. Stalled technology sectors disrupted the Pikes Peak region’s industrial market and created a negative absorption rate between 2000 and 2001, according to the Grubb & Ellis/Quantum Commercial Group’s 2002 Real Estate Forecast. Industrial […]
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With vivid memories of an up and down 2001 behind us, the New Year looks promising. Recession fears, though real, are subsiding as the word, “recovery” is popping up among some economists. The country may not be completely out of danger, but the business and real estate communities have worked hard to keep a sense […]
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With only a desk in the basement and a dream for financial independence, Tom Colwell gambled with his future. At the age of 52, he quit his job as president at Van Schaack Realty to grow his own real estate company. Now, eight years later and a successful business under his belt, Colwell is selling […]
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Before a couple hundred single-family homes could join the pristine wildlife on an estimated 130-acre plot of land near the Big Johnson Reservoir, developers would have to overcome myriad obstacles. The biggest question, however, may be why anyone would want to live there in the first place. The area in northwest Colorado Springs had been […]
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Late hours at the office might be more fun, if one works in the office of the future. Jetson-like furniture and new technology is part of 2010 Work[place] design, a nonprofit corporation primarily run by OfficeScapes-Scott Rice, which along with RNL Design has developed the project since 1997. The 2010 concept occupies 6,700 square feet […]
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Nor’wood Development Group, 4065 North Sinton Road, submitted to the city its master plan for its Wolf Creek Ranch project concerning 1,651 acres near Blackforest Road and Research Parkway, and if all goes well, the plan will be heard by the planning commissioners late this summer.“This is the biggest project that is coming into the […]
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Swagata Guha, a principal partner with the Colorado Springs architectural firm Design Edge PC, is seeing a lot more volume in the custom housing business. That’s consistent with what the industry is experiencing nationwide. Architecture services are once again “poised for growth” after four months of declining business, according to the American Institute of Architects’ […]
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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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Green. The color has many connotations attached to it: luck of the Irish and a knack for cultivation are just two of them. Both are metaphors, in a wee way, for real estate issues. Lucky charms At the Planning Commission meeting March 8, the Southwest Downtown Urban Renewal Plan grew an inch, passing unanimously 8-0, […]
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Residential and commercial developers are facing a local version of a statewide dilemma: how to plan responsibly for growth and continue to benefit from it. City Council decided Tuesday to postpone yet again any decision on how to fund a grade-separated interchange at the intersection of Woodmen Road and Academy Boulevard, until the city completes […]
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A lawsuit filed against the city doesn’t seem to present a conflict of interest for an asset manager who is running for City Council, despite concerns to the contrary. “If it was, I’d recuse myself,” said Kevin Butcher, who is running for a seat on City Council representing District 2, the northeast section of Colorado […]
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Spring is in the air and so is change in the real estate community. The Southern section of the Colorado Chapter of the American Society of Landscape Architects had its monthly meeting March 1. The group pondered pursuing the opportunity for licensure. In 1979, Colorado legislation eliminated licensure requirements for landscape architects, said Ronald Evans, […]
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