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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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County retrieves set of 1930s murals

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County retrieves set of 1930s murals

Thanks to a remarkable partnership between El Paso County and the Denver Public School System, nine 1930s murals are being installed in Centennial Hall. The murals depict familiar characters from fairy tales and nursery rhymes such as Little Red Riding Hood, Cinderella, Goldilocks and the Three Bears and Little Boy Blue. They were executed by… Continue Reading County retrieves set of 1930s murals

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Leading FAC, Dahlin explores variances in the arts

The Colorado Springs Fine Arts Center tapped David Dahlin, 55, as its new CEO and executive director earlier this year. Three months into the job, the father of two spent time with CSBJ to discuss his transition from working at Compassion International for 19 years to the nonprofit world of arts and business. How did… Continue Reading Leading FAC, Dahlin explores variances in the arts

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World Arena, Pikes Peak Center perfect fits

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World Arena, Pikes Peak Center perfect fits

It’s been six months, nearly to the day, since the Colorado Springs World Arena and the Anschutz Entertainment Group signed an agreement that would result in renaming the venue, as well as bring new events to town. AEG acquired naming rights as a result of a venue services agreement to provide event booking and sponsorship… Continue Reading World Arena, Pikes Peak Center perfect fits

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Mezzanine’s NYC model works here

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Mezzanine’s NYC model works here

Since opening in June, The Mezzanine has proven a successful new concept for performing arts venues. Downtown power couple Kathy and Sam Guadagnoli joined with Colorado Springs Conservatory Executive Director Linda Weise to open the venue, a nonprofit designed to support the school and the local arts community. “Colorado Springs has so much to offer… Continue Reading Mezzanine’s NYC model works here

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Escalating war: Local companies battle cyber crime in new ways

J.P. Morgan Chase Bank, the latest victim of a high-profile data breach that took place last summer, compromised the accounts of 76 million households and 7 million small businesses. The attack, one of the largest intrusions on record, joins a growing list of cyber crises for major corporations in just the past year, including Target,… Continue Reading Escalating war: Local companies battle cyber crime in new ways

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