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Entries posted by cameronmoix

Sierra’s recap – positive yet uncertain

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Sierra’s recap – positive yet uncertain

Sierra Commercial Real Estate’s annual Colorado Springs Market Outlook, released Tuesday, shows positive indicators of market growth and health from the past year while conveying the uncertainty — yet hope — for continued reinvigoration. “As 2013 begins to wind down, it is apparent that there has been a slight shift in the regional marketplace with… Continue Reading Sierra’s recap – positive yet uncertain

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PPCC plans downtown expansion

The next few years should prove productive downtown for Pikes Peak Community College, which is anticipating the launch of a $20 million series of expansion projects that will more than double the size of its center-city campus. PPCC President Lance Bolton said that the school is currently planning a two-phase expansion of its Downtown Studio… Continue Reading PPCC plans downtown expansion

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October bus ridership highest since 2009

The Mountain Metropolitan Transit system experienced more ridership in October than any other month since 2009, according to the Colorado Springs Transit Division. The division reported that it’s local fixed-route bus service provided 252,738 one-way trips in October–up more than 7 percent since the same time last year. In a press release issued Wednesday, MMT… Continue Reading October bus ridership highest since 2009

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Area nonprofit awarded $2.2 million grant for promotion of energy efficiency

A nonprofit in Colorado was recently selected for a $2.2 million award from the U.S. Department of Energy to promote energy efficiency through the use of heat and power. Based in Boulder, the Southwest Energy Efficiency Project was awarded the grant to assist regional businesses and other entities in creating “green” practices and carrying on… Continue Reading Area nonprofit awarded $2.2 million grant for promotion of energy efficiency

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American Airlines merger with US Airways complete

American Airlines announced Monday that its parent company has completed a merger with US Airways Group Inc. to form the world’s largest airline. “Our people, our customers and the communities we serve around the world have been anticipating the arrival of the new American,” American Airlines CEO Doug Parker said in a news release.  “We… Continue Reading American Airlines merger with US Airways complete

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Retail study shows effects of fraud in U.S.

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Retail study shows effects of fraud in U.S.

A study by the National Retail Federation recently found that return fraud–which it cites as a serious but misunderstood source of retail loss–will account for nearly $8.8 billion in fraud this year. According to the NRF’s Return Fraud Survey, nearly 6 percent of holiday returns are fraudulent and account for $3.4 billion. “While coverage of… Continue Reading Retail study shows effects of fraud in U.S.

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Sale of apartments largest in Springs history

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Sale of apartments largest in Springs history

A California-based real estate firm announced it has completed the $54-million purchase of a 322-unit multi-family development in the Briargate area of Colorado Springs. Privately held Passco Companies LLC broke the news in a release on Monday that its acquisition of Vue21 (formerly known as Alexan at Briargate), located at 4610 Nautilus Peak View, had… Continue Reading Sale of apartments largest in Springs history

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Coquette’s adding downtown location, replacing Curry Leaf

The owners of Manitou Springs-based Coquette’s Bistro and Bakery announced Monday they will open a second location at 321 N. Tejon St., the former home of the Curry Leaf restaurant. “We couldn’t be happier with the space and with what we’ll bring to it, but we’re equally as happy with the relationship we’ve developed with… Continue Reading Coquette’s adding downtown location, replacing Curry Leaf

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Griffis/Blessing group buys Ridgepointe

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Griffis/Blessing group buys Ridgepointe

A Colorado Springs-based real estate investment group recently purchased Ridgepointe at Gleneagle Apartments for $30.3 million. Griffis/Blessing Inc. finalized the purchase of the 240-unit property on Dec. 3 with $22.5 million in financing from Freddie Mac and the remaining $8 million in investor equity, according to Chief Investment Officer Gary Winegar. The property is located… Continue Reading Griffis/Blessing group buys Ridgepointe

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Springs could test drones if FAA includes state among six locations

With Jeff Bezos’ announcement this week that online retailer Amazon.com is developing an unmanned-shipping service to deliver packages in 30 minutes or less, it’s apparent that the world has entered a new era of aviation technology — a world in which Colorado has potential to play a key role. Earlier this year, a team of… Continue Reading Springs could test drones if FAA includes state among six locations

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