Author: RICH LADEN and BREANNA JENT The Gazette
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Colorado Springs homebuilders see demand spike in 2020
Low mortgage rates, a shortage of existing homes for sale and an economy that held its own in spite of the COVID-19 pandemic were among factors that helped propel the Colorado Springs-area homebuilding industry to a banner year in 2020. Building permits issued for the construction of single-family homes in El Paso County totaled 4,497…
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New Colorado Springs apartment project with ‘360-degree beauty’ planned
An out-of-town real estate company that’s developed one Colorado Springs-area shopping center and has a second in the works now plans to expand its local multifamily investments with an apartment project on the city’s northwest side. Evergreen Devco, with offices in Denver, Phoenix, Los Angeles and Salt Lake City, has proposed a 312-unit apartment complex…
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Olympic & Paralympic Museum in Colorado Springs named America’s best new attraction
The Olympic Games might have been postponed in 2020, but the U.S. Olympic & Paralympic Museum still won the equivalent of a gold medal. The venue, which opened July 30 in downtown Colorado Springs, was named Thursday as the nation’s best new attraction for 2020 by national news outlet USA Today. The 60,000-square-foot museum honors…
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Colorado Springs defense contractor expands with acquisition of Virginia company
Colorado Springs defense contractor Vectrus is expanding again, agreeing to pay $112 million to acquire a Virginia-based company that specializes in providing management and technology services for federal and defense industry clients. Vectrus is buying Zenetex of Herndon, Va., near Washington D.C. It’s the third acquisition for Vectrus since it was spun off in 2014…
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Denver pizzeria expanding to Colorado Springs with large outdoor dining space
White Pie Pizzeria, a family owned restaurant in Denver, is expanding in a big way to downtown Colorado Springs. The restaurant will open in mid to late January at 330 S. Nevada Ave., said Jason Wallenta, who operates the business with his wife, Riley, and brother, Kris. The building on Nevada most recently was occupied…
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CORRECTIONS
A story in the Business section of Sunday’s Gazette incorrectly described the name of a Colorado Springs fitness center. The correct name is Accolade Fitness.
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COVID-related closures around Colorado Springs in 2020 add to restaurant and retail departures
Retail and restaurant closings are a fact of life in Colorado Springs, as they are in other cities. The COVID-19 pandemic, however, has triggered months of economic hardship for many local, regional and national stores and restaurants. As a result, the list of annual closings is longer than ever, some retail experts say. “This was…
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30+ Colorado Springs-area stores, restaurants and more businesses that closed in 2020 | List
Here’s a partial list of stores, restaurants, bars and fitness centers that closed in 2020 around Colorado Springs and the Pikes Peak region: • Black Eyed Pea: The comfort-food favorite closed southwest of Interstate 25 and Garden of the Gods Road in Colorado Springs after failing to reach a new lease agreement. A second location remains…
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Colorado Springs-area openings of restaurants and more businesses in 2020 | List
Here’s a partial list of restaurants, bars and other businesses that opened in 2020 around Colorado Springs and the Pikes Peak region: • Bread & Butter Neighborhood Market: The small, locally owned grocery opened in September at 602 S. Nevada Ave. in downtown Colorado Springs. • Buttermilk, A Breakfast Eatery: Opened in June on Colorado Springs’ north side…
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Amazon planning third package delivery station in Colorado Springs
Online retail giant Amazon plans to add a third package delivery station in Colorado Springs as it continues to expand its local delivery network beyond its nearly 4- million-square-foot fulfillment center that will open in 2021 near the city’s airport. Amazon would take over the 19-acre, Western Forge hand tool manufacturing complex on the city’s…