Home » 2013 (Page 7)
City for Champions approved for full state funding

After months of uncertainty, revisions, controversy and discordant public opinion, the Colorado Economic Development Commission decided Monday to give Colorado Springs a chance to back up its promises. Despite staff and third-party advice to the contrary, the commission approved full tax-increment funding via the Regional Tourism Act for an estimated $120 million to help finance… Continue Reading City for Champions approved for full state funding

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At a special media briefing this morning, Mayor Steve Bach praised council’s decision to restore funding to the Convention and Visitors Bureau, the Regional Business Alliance and the Police Department–but expressed dissatisfaction over Council’s apparent decision to fund park watering costs by taking $1.1 million from the city’s emergency reserve fund, and firmly rejected Council’s… Continue Reading Bach instructs staff to ‘disregard’ council’s action

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“It’s been a great week!” said Colorado Springs Convention and Visitors Bureau CEO Doug Price, reacting to City Council’s decision Wednesday morning to sustain Mayor Steve Bach’s veto of a proposed $1.3 million cut in the organization’s budget, following on the heels of the state Economic Development Commission’s support of the City for Champions proposal.… Continue Reading CVB, RBA win full funding amid Council’s overrides

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Exelis spin-off to create Springs-based Mission Services

Defense contractor Exelis Inc. announced last week that it will spin off a segment of its IT Services division to create a Springs-based Mission Services company. The independence of Exelis Mission Systems — currently a part of the company’s Information and Technical Services division located in Colorado Springs — is expected to be complete by… Continue Reading Exelis spin-off to create Springs-based Mission Services

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CSFD signs contract with AMR

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CSFD signs contract with AMR

The City of Colorado Springs signed a contract with American Medical Response Tuesday. The five-year contract will go into effect April 1. The goal, according to a city press release, is to enhance ambulance services to residents within the city and enclaves of unincorporated areas within the city. With headquarters in Colorado, AMR is the current… Continue Reading CSFD signs contract with AMR

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Historic Alamo Hotel building sells for $5.9 million

The historic four-story Alamo Hotel building in downtown Colorado Springs was recently purchased for $5.9 million by a local investor. Matterhorn Development LLC sold the 42,556-square-foot building, which was constructed around 1900, to Carlisle’s Alamo LLC. Matterhorn purchased the property in 2006 for just $200,000 less than the sale price. Cascade Commercial Group brokered the… Continue Reading Historic Alamo Hotel building sells for $5.9 million

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CTU launches Concierge Center

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CTU launches Concierge Center

Colorado Technical University officially opened  its new Campus Concierge Center, which will serve as a “one-stop shop” for a wide range of student and faculty needs, according to a CTU marketing representative. “Just as a hotel concierge can help with everything from providing driving directions to booking reservations at the hottest restaurant in town, CTU’s Concierge… Continue Reading CTU launches Concierge Center

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Leechpit to reopen on Westside in early 2014

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Leechpit to reopen on Westside in early 2014

Nearly six months after Adam Leech was forced to close his shop on the Colorado College campus, he has announced that the Leechpit is reopening on the Westside. Leech said in a news release Tuesday that the record shop/thrift store will reopen around Feb. 1 in a 4,000-square-foot space at 3020 W. Colorado Ave. Suite… Continue Reading Leechpit to reopen on Westside in early 2014

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FAC names Hall interim CEO

The Colorado Springs Fine Arts Center’s Board of Trustees has named local advertising, marketing and communications executive Nechie Hall as interim president and CEO. Best known for co-founding PRACO–now Vladimir Jones– with her late husband, Jim, Hall still serves as CEO and chairman, after retiring from day-to-day operations of the company. From 1998 to 2004,… Continue Reading FAC names Hall interim CEO

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Osteopathic Foundation donates $150,000 to CASA

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Osteopathic Foundation donates $150,000 to CASA

The Colorado Springs Osteopathic Foundation awarded a grant of $50,000 per year for three years to support Court Appointed Special Advocates (CASA) of the Pikes Peak Region’s in a new capacity-building volunteer management initiative called the Peer Coordinator Model. Last year, CASA served 443 abused and neglected children in the Dependency and Neglect program–this represents… Continue Reading Osteopathic Foundation donates $150,000 to CASA

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