Author: RICH LADEN and BREANNA JENT The Gazette
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Apartment rents soar to another record high in Colorado Springs
Rents continue to skyrocket at Colorado Springs-area apartments – if you can find one, that is. Average rents soared to a record high of $932.25 a month in the third quarter – topping $900 for the first time, according to a report by the Colorado Division of Housing and Apartment Association of Southern Colorado. The…
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Les Schwab Tire Centers expanding to Colorado Springs
Oregon-based Les Schwab Tire Centers, a familiar name in the western United States, is motoring into the Pikes Peak region this month with its first two tire and service center locations. Les Schwab plans to open Nov. 18 at 4395 Integrity Center Point, northwest of Powers Boulevard and Barnes Road on Colorado Springs’ northeast side.…
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Colorado Springs group poised to pursue more money to promote tourism
The Colorado Springs Convention and Visitors Bureau is laying the groundwork for creation of a regional tourism marketing district and a local attractions tax – moves designed to generate more money for tourism promotion. Talk of a marketing district and attractions tax follows a consultant’s study released in March, which essentially said Colorado Springs and…
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Colorado Springs’ foreclosure picture keeps getting better
Colorado Springs’ foreclosure woes haven’t disappeared, but things have improved significantly since the recession, according to a report Thursday by CoreLogic, a California-based housing data firm. The area’s foreclosure rate – or the percentage of local loans that were in some stage of foreclosure – fell to 0.61 percent in August, compared with 0.77 percent…
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Apprentice week puts spotlight on Colorado Springs training programs
Most apprentices don’t appear on reality TV shows hosted by Donald Trump. Instead, they train behind the scenes as plumbers, pipefitters, electricians and the like – juggling real work in the field and classroom studies for several years as they prepare for careers that could net them salaries in the mid to high five figures.…
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Colorado Springs-area home sales and prices increase again in October
The hot streak continued in October for the resale side of the local single-family housing market, as home sales and prices rose again, according to a report by the Pikes Peak Association of Realtors. The report, which compiles transactions mostly in El Paso and Teller counties, showed: – Single-family home sales totaled 1,107 last month,…
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Homeland defense exercise Wednesday could delay traffic on Colorado Springs’ southwest side
Cheyenne Mountain Air Force Station on Colorado Springs’ southwest side will participate in a homeland defense exercise Wednesday that might cause early morning delays for drivers on NORAD Road, as well as those entering and exiting the installation, according to the 21st Space Wing public affairs office at Peterson Air Force Base. In conjunction with…
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Colorado Springs-area foreclosures rise in October
The number of local residential and commercial properties served with foreclosure notices rose in October compared with a month earlier, although year-to-date foreclosure activity continues to trail that of 2014, according to a report Monday by the El Paso County Public Trustee’s Office. Foreclosure notices – the start of the legal process that can lead…
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Two seriously injured in series of crashes on Woodmen Road
Two motorists suffered serious injuries Tuesday evening after a vehicle ran out of gas on Woodmen Road on the city’s northeast side, triggering crashes involving two additional vehicles that came up from the rear, according to a Colorado Springs police report. The incident occurred about 5:50 p.m. Tuesday. One vehicle stopped along the north side…
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New pizza and burger chains coming to Colorado Springs
Two restaurant chains that feature trendy, build-your-own entrées will open their first Colorado Springs locations next year. Pie Five Pizza Co. will open in January at the eastside Citadel Crossing shopping center, southeast of Academy Boulevard and Galley Road. A second Pie Five will open in April at the Promenade Shops at Briargate, southeast of…