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Catalyst Campus: path to the future

Train stations once were among the world’s epicenters of connectivity and vitality. They represented the worth of a community as well as its future economic potential. That’s an ethos the O’Neil Group Company wishes to recreate at its Catalyst Campus, a collaborative work and education environment slated to open next summer in downtown Colorado Springs.… Continue Reading Catalyst Campus: path to the future

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Anarde moves from ICBM to global security

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Anarde moves from ICBM to global security

Russ Anarde spent 28 years in the Air Force, retiring as a brigadier general. During a varied career, he worked in operations and maintenance of intercontinental ballistic missiles. He describes himself as a STEM dropout, referring to science, technology engineering and math, because he changed majors from math to business while he was in college.… Continue Reading Anarde moves from ICBM to global security

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Academy, CTI research projects together

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Academy, CTI research projects together

Inks that change colors when the temperature changes — like that on Coors beer cans — are helping chemistry students learn at the U.S. Air Force Academy. At the same time, cadets and their professors are helping CTI Inks, the Colorado Springs-based company that provides the thermochromic inks to Coors. In August, the Academy and… Continue Reading Academy, CTI research projects together

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Apartment sales remain hot in Q3

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Apartment sales remain hot in Q3

Multi-family housing sales in Colorado Springs have continued to increase in the first three quarters of 2014, driving the local market to new highs, according to a report by local apartment firm Commonwealth. “The Colorado Springs apartment market is on a record breaking pace,” Commonweath CEO Ron Spraggins wrote in the report. The sales of… Continue Reading Apartment sales remain hot in Q3

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West Bijou attracting investment, businesses

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West Bijou attracting investment, businesses

The new 80-room Holiday Inn Express at 105 N. Spruce St. is still selling out months after peak tourist season, according to Tadz Jarosz, assistant general manager. The hotel’s grand opening was in May, marking what could be a precursor of additional commercial development around West Bijou Street just off Interstate 25. Holly Trinidad, a… Continue Reading West Bijou attracting investment, businesses

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CRE market flat; investors pounce

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CRE market flat; investors pounce

The Colorado Springs commercial real estate market, according to a recent report, remained mostly flat in the third quarter of 2014. The Quantum Commercial Group Inc. quarterly report painted a picture of the market as one that has cooled in recent months and is being harvested by opportunistic investors attracted by good prices and low… Continue Reading CRE market flat; investors pounce

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Marijuana grow operations affect vacancies

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Marijuana grow operations affect vacancies

Vacancy rates in the industrial sector of commercial real estate in Colorado Springs continue to decline, due in part to marijuana grow operations here, say Realtors familiar with the issue. “Because of the medical marijuana and the need for space to grow plants, that has continued to cause a lower vacancy rate, both for opportunities… Continue Reading Marijuana grow operations affect vacancies

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South Academy: still lots of contrasts

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South Academy: still lots of contrasts

For a corridor stuck in a quagmire, South Academy Boulevard has been attracting plenty of attention. Studies conducted by the city don’t paint a pretty picture of the residential and commercial areas bordering Hancock Expressway and Academy Boulevard. According to the corridor’s Great Streets plan published in May 2011, “shopping center vacancy rates for second… Continue Reading South Academy: still lots of contrasts

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Prosperity suits Monument’s name

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Prosperity suits Monument’s name

The town of Monument is wearing its name well. Located at the base of Rampart Range in northern El Paso County, the once-small settlement known to most as a convenient pit stop along Interstate 25 is building itself up as a pillar of economic prosperity. The population of the 5-square-mile sliver of a town has… Continue Reading Prosperity suits Monument’s name

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Palmer Lake resurgence fills vacancies

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Palmer Lake resurgence fills vacancies

Two years ago, the scenic stretch of State Highway 105 separating downtown Monument from downtown Palmer Lake was pocked with vacant storefronts, many remnants of foreclosures in an area largely forgotten. Today, once-vacant commercial buildings are filling with tenants. “I think the increased business is a sign that the economy is improving,” said Trish Flake,… Continue Reading Palmer Lake resurgence fills vacancies

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