Tag: building materials
-
Hobby Smith, a new gaming store, opens in southeast Colorado Springs
A new, locally owned and operated hobby and game store has opened its doors in southeast Colorado Springs. Hobby Smith, l3029 Jet Wing Drive, opened this month and will offer a wide selection of table top games, model kits for those games, paints and building materials. The store, owned and operated by Jessica Tucker and…
-
Soaring material costs create sticker shock for Colorado Springs homeowners, builders and contractors
Buying a home from a local builder? Hiring a remodeler to construct a backyard deck or finish your basement? Installing a wood privacy fence on your own? Grab your pocketbook and get ready to dig deeper than the hole for that new fence post. Skyrocketing building material costs over the last year — particularly for lumber…
-
Colorado Springs insulation company sold to Installed Building Products
Alpine Construction Services, a Colorado Springs company that installs fiberglass and spray foam insulation in homes and multifamily housing complexes, has been acquired by Installed Building Products. Alpine was started in 2015 and has grown to nearly 50 employees and $9.4 million in annual revenue, according to an Installed Building Products news release. Installed Building…
-
Colorado Springs sales tax collections post biggest gain in 4 years
Colorado Springs sales tax collections surged in March to the biggest gain in more than four years amid booming online sales and housing construction, according to a report from the city’s Finance Department. Revenue from the city’s 2% sales tax surged 18.7% from March 2020 to $14.1 million. That’s the largest percentage increase since December…
-
Colorado Springs’ construction industry hit boom times in 2020, despite pandemic
Business was booming last year for homebuilders, general contractors and subcontractors that make up the Pikes Peak region’s construction industry, despite the COVID-19 pandemic. The estimated value of permits issued for the construction of single-family homes, townhomes, apartments, hotels, offices, schools, medical buildings, manufacturing plants and other structures last year in El Paso County soared…
-
Colorado Springs sales tax collections rise again despite pandemic
Colorado Springs sales tax revenues rose again last month as construction industry purchases remained strong and consumers ramped up spending heading into the holiday shopping season. Sales tax revenues in December, which were collected on November purchases, climbed 8.4% to $15 million on a year-over-year basis, according to a report by the Colorado Springs Finance…
-
Colorado Springs sales taxes in June post biggest increase in 12 months
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado Springs consumers spent in May at the fastest rate in a year, fueled by the category that includes online retail giant Amazon, the latest sales tax report from the city’s Finance Department shows. Sales tax collections for June, based on transactions in May, rose…