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The King and his Court get to work

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It was 1 p.m. Wednesday afternoon, time for the new City Council to begin its first meeting as the Utility Board. Eight of nine board members were in their seats, but board chairman Keith King was standing over a table to the side, fussing with a stack of papers. The minutes ticked by; 1:05, 1:07,… Continue Reading The King and his Court get to work

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Denver: Colorado’s economic black hole

Should we view Denver as a beneficent economic sun glowing just over the northern horizon, helping to bring jobs, prosperity, tax dollars and big-city amenities to Colorado Springs? Or is it a baleful black hole, its massive gravitational pull sucking in smart young people, startup companies, airline passengers, entertainment and transportation dollars from the Pikes… Continue Reading Denver: Colorado’s economic black hole

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Successful Petersen helps others take off

Frequent Flyer Services 1930 Frequent Flyer Point Publications: InsideFlyer magazine, Milepoint online forum, Boarding Area blog site Members: 75 million members earning 650 billion frequent flyer miles per year Employees: 13 local, 25 total Randy Petersen started his multi-million-dollar Frequent Flyer Services business with $800, an idea and little else. He never borrowed a penny… Continue Reading Successful Petersen helps others take off

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According to Gallup research, the United States is spending $2.5 trillion in health care and this is predicted to grow at 6 percent over the next 10 years. The Center for Disease Control reports more than 75 percent of total health care spending is on people with chronic conditions such as diabetes, heart disease and… Continue Reading Building a healthier city through social enterprise

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Space Symposium rises to a global event

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We just concluded the Space Foundation’s 29th National Space Symposium and, despite a very difficult ramp-up, it was successful beyond our imagination. I’ll run through just a few themes that emerged during the week: U.S. government challenges: First, the Space Symposium underscored that, as a nation, we need to resolve our budget disputes and delays… Continue Reading Space Symposium rises to a global event

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Can new leaders handle the load?

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For those who think the Colorado Springs city government and business community are on the verge of becoming more unified and coordinated, just look at the events of Tuesday. That morning, in a long-anticipated gathering at City Hall, six new members of the City Council were sworn in, with Mayor Steve Bach welcoming them to… Continue Reading Can new leaders handle the load?

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When the president signed the “Continuing Resolution” to fund federal government operations for the rest of this year, it was a somewhat anticlimactic temporary truce in the ongoing Washington budget battles. But it was an important victory for a group we call the Regional Coalition for Strategic Federal Action and, more importantly, for all of… Continue Reading Bipartisan effort brings fire relief to Springs area

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Colorado Springs’ biggest economic drivers come with a serious problem: None of the city’s top three industries actually must be here to be successful. The military, tourism and higher education bring in the most money to the Springs, with the military providing one-third of the city’s $27 billion gross domestic product. “That money all is… Continue Reading Alliance: Springs must diversify economy

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Gas stations heating up commercial market

One segment of the Colorado Springs commercial real estate market is experiencing explosive growth — gas stations. “It seems like the only thing that’s really moving,” said Lori Ondrick, a retail broker with Quantum Commercial Group. Ryan Tefertiller, a city planner, said everyone in the planning department has dealt with at least one gas station… Continue Reading Gas stations heating up commercial market

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Commercial brokers more optimistic about market

A lot of Colorado Springs businesses have been taking advantage of lower lease rates and moving into nicer office spaces. Class A office space, which is the newest and nicest space in town, was a bright spot in most commercial brokers’ quarterly reports. “This is the most positive quarter we’ve had, if you look at… Continue Reading Commercial brokers more optimistic about market

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