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Job-creation team barely limps along

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For the first time in decades, the City of Colorado Springs will enter the new year without a dedicated economic development team. The team had played an important role in helping the privately funded Colorado Springs Regional Economic Development Corp. in attracting new companies and retaining existing businesses, a mission that became increasingly urgent in… Continue Reading Job-creation team barely limps along

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2011 Forecast: The lift from an aviation brigade

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Colorado Springs Regional Economic Development Corp. President Mike Kazmierski is watching three items in the New Year that he believes have the potential to produce sustained economic growth for the city. They involve Fort Carson, relocating companies and a new mayor. For starters, Kazmierski is optimistic that an Army Combat Aviation Brigade will be created… Continue Reading 2011 Forecast: The lift from an aviation brigade

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Next year will bring change, challenges and even peril to the Colorado Springs arts community. Two of the community’s most dynamic leaders will leave, while one of the city’s most treasured institutions may struggle to survive. Laurence Leighton-Smith, who has conducted the Colorado Springs Philharmonic since it rose from the ashes of the Colorado Springs… Continue Reading 2011 Forecast: A new philharmonic conductor, a new COPPeR chief

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There is money and fame for any contrarian willing to stand in the face of popular sentiment and boldly call the top of a bubble or the bottom of a crash. But that hasn’t been incentive enough for anyone in the region to step up and trumpet a full-fledged real estate recovery for 2011. Of… Continue Reading 2011 Forecast: Signs of life in real estate, but still far to go

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Thanks to their approval of the strong-mayor form of government in the November election, city residents will get what they voted for in 2011: change. Voters will select a new mayor and a seven of nine council members. The new mayor will have powers that his or her predecessors could only dream of, including preparing… Continue Reading 2011 Forecast: A strong mayor, restrained by TABOR

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The biggest change coming in the local sports scene next year involves one of the biggest sports organizations in the world: The U.S. Olympic Committee is preparing for a series of events that will boost its profile in the Springs, as well as globally. “We have a nice list of premier events on tap,” said… Continue Reading 2011 Forecast: USOC promises higher profile in new year

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Jerry Fritsche’s long career in investment banking began in almost 40 years ago, when he went to work as a stockbroker in Colorado Springs. In 1992, he founded Fritsche Capital Group, which now maintains offices in Colorado Springs and Los Angeles. The company is an independent corporate finance advisory boutique thataims to provide sophisticated corporate… Continue Reading Fritsche sees problems with venture capital mindset

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The Broadmoor, a barometer of sorts for the convention and meeting business in Colorado Springs, closed out 2010 with group room-night sales significantly higher than expected. The hotel had braced for a decline in group business for the year but instead, thanks to a recovering, if unsteady, economy, was able to post results in line… Continue Reading Group sales help Broadmoor finish year on high note

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Word that El Paso County’s largest private real estate transaction of the year closed last week — just before the books closed on a miserable 2010 — offered an ember of optimism for the commercial real estate market. Just don’t expect any sparks. The 85,000-square-foot office building at St. Francis Medical Center, known as NorthCare,… Continue Reading End-of-year NorthPark deal inspires little optimism

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A half-empty building at the corner of one of downtown’s busiest intersections will go on the auction block soon, and the weak real estate market means that potential investors could land a bargain. The building is listed for $7.25 million, although many believe it will sell for considerably less. Owned by Grubb & Ellis Co.,… Continue Reading 6 Tejon owner hopes building will soon be going, going, gone

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