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The iconic circular chapel on the former Nazarene Bible College campus is scheduled to be renovated into a community center as part of a new project.

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By Regan Foster Where biblical scholars once studied, new families could soon put down roots. The Colorado Springs City Council gave its final blessing Jan. 28 to a housing plan that will turn the former Nazarene Bible College campus into a 427-unit community. Dubbed Chapel Heights, the Challenger Homes project is slated to include 190 […]

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By Regan Foster Where biblical scholars once studied, new families are expected to soon lay down roots. The Colorado Springs City Council gave preliminary approval on Jan. 14 to a housing plan that will reform the former Nazarene Bible College into a 427-unit community. Dubbed Chapel Heights, the Challenger Homes project is slated to include […]

Strides have been made over the past five years at both the state and local levels to address the gaps in affordable housing said to have been exacerbated by Colorado construction defect laws. However, local housing experts say the Pikes Peak region has yet to see the benefits of these changes. The broad terms of […]

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Since the Great Recession, the seven-county Denver metro region has added households at a rate far greater than housing units. The housing surplus that once existed has been consumed, and housing prices have risen far faster than wages. The result: Housing is increasingly unaffordable for many Coloradans. That conclusion holds true for Colorado Springs and […]

Green Brick Partners Inc., a large-scale homebuilder and developer based in Plano, Texas, announced Aug. 15 a partnership with Challenger Homes in Colorado Springs. This is the sixth partnership for Green Brick, which has controlled ownership in four homebuilding companies in Dallas and one in Atlanta. Through the partnership, Green Brick acquired nearly 1.5 million new shares and, […]

Two apartment complexes recently broke ground in downtown Colorado Springs. The 22 Spruce apartments will add 48 rental units to the city’s apartment inventory. The $7.5 million development is owned by Brian Bahr, founder and president of All Pro Capital & Challenger Homes; a group of limited investors; and the land’s original owners, sisters Marty […]