Author: RICH LADEN and BREANNA JENT The Gazette
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Manitou Springs store closes, but owners flush with opportunities
Manitou Jack’s, which has sold Native American jewelry for nearly 40 years in Manitou Springs, arguably has become as familiar to residents as the Manitou Incline, the city’s bubbling mineral springs or its quaint downtown. “It’s an institution,” said Leslie Lewis, executive director of the Manitou Springs Chamber of Commerce and Visitors Bureau. But Manitou…
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Colorado Springs-area homebuilding soars to 10-year high in 2016
The pace of Colorado Springs-area home construction last year climbed to its highest level in a decade, and builders expect the trend to continue in 2017. Permits issued to builders for the construction of single-family homes in El Paso County – one measure of the housing market’s health – totaled 3,237 in 2016, according to…
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Colorado Springs among top 5 cities nationwide for big houses
Own a house in Colorado Springs? Chances are you have plenty of elbow room. Of the 100 most populous metro areas in the nation, Colorado Springs has the fifth-highest concentration of homes with eight or more rooms, according to an analysis of U.S. Census Bureau data by LawnStarter, an online lawn care service based in…
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Fresh ideas proposed to improve downtown Colorado Springs as a place to live, work and play
Downtown has enjoyed recent successes with new housing, business investment and dining options, but more steps must be taken to ensure it flourishes as an economic, cultural and entertainment hub, updates to earlier improvement plans suggest. The proposed Experience Downtown Colorado Springs Plan of Development and Master Plan, which are being brought forward over the…
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Foreclosure picture continues to improve in Colorado Springs
Colorado Springs’ foreclosure rate continues to fall. The percentage of Springs-are loans that were in some stage of foreclosure dipped to 0.42 percent in July, down from a rate of 0.63 percent a year earlier, according to a report Wednesday by CoreLogic, a California-based housing data firm that tracks foreclosure data from around the country.…
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New Colorado Springs residential brokerage piggybacks onto longtime commercial brokerage
A new Colorado Springs residential brokerage will share the name of a longtime commercial company as it seeks to offer one-stop shopping for the marketing of residential property and for traditional homebuying and selling services. Quantum Residential Group, which launched last month, will operate in collaboration with Quantum Commercial Group, a 23-year-old commercial brokerage, said…
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Colorado Springs Event Center operators eye expansion of their east-side exhibition space
Operators of the 5-year-old Colorado Springs Event Center on the city’s east side, home to gun shows, pet expos, food and beverage festivals and other consumer and business events, plan to more than double their 45,000-square-foot facility by next summer. “A lot of show promoters are maxed out with the size of venue that we…
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Colorado Springs’ sales tax collections show modest gain in August
Colorado Springs’ sales tax collections continued to climb last month, albeit at a slower pace than earlier in the year. The latest increase was buoyed, in part, by revenue gains from building material, clothing and restaurant sales. City officials closely monitor sales tax collections because the tax is a prime revenue source. Nearly 60 percent…
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Software giant completes land deal for data center in northern Colorado Springs
The U.S. subsidiary of an international software company has completed its purchase of land in northern Colorado Springs where it plans to build a second data center in the city. SAP America Inc. of suburban Philadelphia paid $3 million last week for a little more than 13 acres southeast of InterQuest Parkway and Federal Drive,…
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Influential Colorado Springs city planning official dies at 72
Chuck Miller wasn’t an elected official who made land use decisions or a real estate developer who transformed property into homes, shopping centers and office parks. But after a lengthy career as a Colorado Springs city government planning official, Miller’s influence on the Springs’ look and feel is everywhere. Over nearly 35 years, he pushed…