Author: RICH LADEN and BREANNA JENT The Gazette
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Colorado Springs forum will offer information and ideas about local and regional economies
Even with a vibrant economy in many areas of the state, local governments, businesses and economic development groups still are looking to share ideas about how to improve their communities. As a part of that effort, the Economic Development Council of Colorado, a statewide nonprofit, will hold the first in a series of economic development…
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Colorado Springs gearing up for busy travel weekend over Memorial Day
Feeling a little lonely? Don’t worry; you’ll have plenty of companionship if you drive or fly over Memorial Day weekend. Gas prices that are the cheapest in a decade, lower air fares – to some cities, anyway – and a stronger economy are among factors that will boost the number of people who travel from…
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El Pomar executive named 2016 Athena Award recipient
Society doesn’t function without the work done by government and business, said Cathy Robbins of the El Pomar Foundation. But with 13 years as an executive with the Colorado Springs-based charitable trust and a lengthy volunteer history in the community, Robbins also says she’s committed to the work nonprofits do to make the Pikes Peak…
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Colorado Springs apartment rents hit another record high
Renters were forced to dig deeper into their pocketbooks during the first few months of 2016 – and should prepare to keep right on digging the rest of the year. Colorado Springs-area apartment rents soared to another record high in the first quarter, as continued strong demand and few new units added to the overall…
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Colorado Springs-area homebuilding continued to show big gains in April
Colorado Springs-area builders remained busy last month, as the furious pace of home construction and strong demand on the part of buyers showed no signs of a slowdown. In April, 320 permits were issued to area builders for the construction of single-family homes in El Paso County – most of those in the Springs. That…
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Colorado Springs and state officials tout tourism benefits
Colorado Springs and Colorado are great places to live. But they’re also fantastic places to visit. That’s the message local and state tourism officials touted Monday as they kicked off National Tourism and Travel Week, holding a rally on the steps of City Hall in downtown Colorado Springs. Against a backdrop of outdoor enthusiasts rappelling…
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More improvement forecast for Colorado Springs real estate in 2016
Colorado Springs’ residential and commercial real estate markets continue to rebound from the recession, although some market segments are improving at a faster clip than others. Single-family home sales set a record high in 2015 and should increase again this year. Apartment rents also hit new highs last year, and might do the same in…
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Historic Colorado Springs property being remodeled into apartments
One of Colorado Springs’ oldest and most recognizable Victorian properties is about to be reborn – again. The former Hearthstone Inn bed-and-breakfast on Cascade Avenue, just north of downtown, is being remodeled into nearly two dozen apartments that the property’s new owner expects will appeal to young professionals and others attracted to urban living. “I…
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Colorado Springs investors pay $28.1 million for local apartment complex
A Colorado Springs investment group headed by a local homebuilder has added to its portfolio by acquiring an east side apartment complex. A limited liability company and partnership controlled by All Pro Capital Inc. paid $28.1 million this month to buy the 288-unit Village at Lionstone, southeast of Platte Avenue and Murray Boulevard. Brian Bahr,…
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Frank Aries dies at 82; sought to develop the Banning Lewis Ranch in Colorado Springs
Real estate developer Frank Aries, who led the effort in the 1980s to annex the massive Banning Lewis Ranch, died of leukemia Dec. 8 in Arizona, according to an obituary in a Tucson newspaper. He was 82. Just over 30 years ago, and fresh from his success in buying and reselling a Tucson ranch owned…