Author: RICH LADEN and BREANNA JENT The Gazette
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A game plan for North Nevada’s redevelopment in Colorado Springs
A portion of North Nevada Avenue in Colorado Springs that the city has targeted for redevelopment is a 2-mile, nearly straight-as-an-arrow stretch of highway. But a long and winding road separates its transformation from an aging retail and industrial backwater into a thriving residential and commercial district. Even with visions of new land uses, several…
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Broadmoor, Penrose Room come up 5 diamonds again in Colorado Springs
The Broadmoor is wearing bling once again. AAA on Friday named the internationally known resort in southwest Colorado Springs as a five-diamond winner in its 2017 ratings of hotel and resort properties. Only three other Colorado properties earned five-diamond status. It’s the 41st consecutive year that The Broadmoor has received the travel organization’s highest rating,…
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Great Wolf Lodge launches water park and family resort in Colorado Springs
Mayor John Suthers was in Pittsburgh a few months ago at a municipal officials conference when attendees saw his “Colorado Springs” name tag and volunteered to him that they had booked visits to Great Wolf Lodge, the Springs’ soon-to-open family resort and indoor water park. “I had no idea of what the national appeal of…
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Trio of new hotels coming to Colorado Springs
Three more hotels are planned for Colorado Springs, as developers look to build in fast-growing parts of the Pikes Peak region and cater to a stepped-up demand by leisure and business travelers. “As the city grows to the north, it’s a good time,” Ed Ellsworth, a local developer, said Thursday. Ellsworth’s family-run company plans a…
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Closing the gap: Colorado Springs Olympic Museum now $6.5 million short of funding goal
U.S. Olympic Museum organizers say they’re now just $6.5 million short of their private fundraising goal for the project, and remain confident they’ll reach it by a looming March 31 deadline. “No doubt, we’re going to get there,” Peter Maiurro, the museum’s interim chief operating officer, said Wednesday after he updated the Colorado Springs Urban…
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Colorado Springs Convention and Visitors Bureau commits $500,000 toward Olympic Museum
The Colorado Springs Convention and Visitors Bureau is giving $500,000 to the proposed downtown U.S. Olympic Museum – a significant step for project supporters as they race to meet a March 31 deadline to raise millions more in private funding. The CVB’s board voted overwhelmingly Tuesday to take one-half-million dollars from the agency’s $1 million…
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Colorado Springs’ commercial real estate market showed more improvement in 2016
Colorado Springs’ commercial real estate market made more progress in 2016 as it continued its gradual recovery from the Great Recession, a new report shows. Of key indicators that measure the market’s health, the change in the amount of office, industrial and retail space occupied last year increased by more than two-thirds when compared with…
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2016 was another record setter for Colorado Springs home sales
Last year was another record-breaker for Colorado Springs-area home sales, and 2017 should remain strong – even with an uptick in mortgage rates, some real estate agents predict. Single-family home sales totaled 15,318 in 2016, a nearly 16 percent jump over the previous record of 13,250 sales that was set just one year earlier, according…
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Colorado Springs companies see business blown their way because of storm
Big winds mean big business. Colorado Springs-area roofing, fencing and tree service companies were scrambling to keep pace with hundreds of calls from homeowners and businesses who suffered property damage as a result of Monday’s epic winds. Tall Timbers Tree & Shrub Service, a 16-year-old Springs business, started getting calls at 4:45 a.m. Monday, and…
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In latest round of retail closures, Colorado Springs to keep its Sears and Kmart stores
Colorado Springs, which survived a round of store closings announced this week by Macy’s, also will keep its two Sears locations and its lone Kmart. Sears Holdings, the suburban Chicago-based parent company of Sears and Kmart, said late Wednesday it would close 150 stores in 40 states. Two Kmarts in Colorado – one in Denver…