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Yes to impact statements

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Colorado lawmakers are considering a bill that would allow business impact statements to be attached to any piece of proposed legislation. It’s a good idea, and there’s no reason why the bill should not be passed. Sen. Shawn Mitchell (R-Broomfield) is sponsoring Senate Bill 116, which would give businesses five days from the time a… Continue Reading Yes to impact statements

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Taking Exception: Why Academy Blvd. plan works

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By Dave Munger and Stephannie Finley As major stakeholders in the Academy Boulevard Corridor Great Streets project, we disagree with the Business Journal’s Feb. 4 opinion article Academy Boulevard Plans Need to be Reworked; particularly with its premise that this corridor should not be made a focus of community re-investment over the next decades. The… Continue Reading Taking Exception: Why Academy Blvd. plan works

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In a time of lean state budgets, the Colorado Department of Transportation has launched an $800,000 study of the state’s railroads and created a new department to deal with railway and other transportation issues. It’s a move that could lay the groundwork for long-talked-about plans for high-speed trains from Pueblo through Colorado Springs to Fort… Continue Reading Colo. has never had a regional rail plan. Now it will

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Landing the prologue stage of this summer’s Quiznos Pro Challenge cycling race was a breakaway move for Colorado Springs. While 23 Colorado cities bid for the opportunity to host a stage of the race, which draws top international competitors, only 11 made the cut. Notably absent from the list was Boulder, the birthplace of the… Continue Reading Quizno’s Pro Challenge will mean millions for the city

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Gonzalez leads fresh outreach effort at Red Cross

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Tom Gonzalez has been CEO of the Pikes Peak Chapter of the American Red Cross since April. Prior to that, he worked for the Boy Scouts of America for 17 years. How did the economic downturn affect the ability of the Red Cross to raise money? The Red Cross is affected in two ways when… Continue Reading Gonzalez leads fresh outreach effort at Red Cross

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High-end market could be the hot spot of the year

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Last week, industry insiders and local business leaders gathered for the 20th annual Institute of Real Estate Management Economic Forecast Breakfast. The presenters shelled out their best takes on what to expect for Colorado Springs real estate in the year ahead, which begged the question: Is it technically a forecast if you predict that nothing… Continue Reading High-end market could be the hot spot of the year

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Reborn Stargazers sets its sights high

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After an all-night rock concert featuring confetti-shooting cannons at Stargazers Theatre and Event Center, owners John and Cindy Hooton and a team of 20 were up in the wee hours with leaf blowers and garden rakes cleaning up 10 inches of the stuff. Within hours, the theater was transformed into casino night with game tables,… Continue Reading Reborn Stargazers sets its sights high

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In El Paso County, Wells Fargo’s loan volume skyrocketed over the prior year during the Small Business Administration’s first fiscal quarter, which ended Dec. 31. Last year, in the county, the total SBA 7(a) first-quarter loan volume for Wells Fargo’s 19 banks was $166,000, representing just two loans. This fiscal year’s first quarter, the bank… Continue Reading Wells Fargo loan volume signals El Paso County uptick

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Employment data aren’t quite as opaque as the unemployment rate that we discussed last week, but there is still room for lots of confusion. Take the December data that were released for Colorado Springs a couple of weeks ago. We learned: Employment, at 275,400 jobs, was unchanged from November, but 4,500 jobs lower than December… Continue Reading Why the local jobs picture is so hard to figure out

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While Congress delays, defense contractors fret

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It’s four months into the fiscal year, and Congress has not passed the defense budget. That inaction has CEOs of the major defense companies, many of which have offices and employees in Colorado Springs, a little nervous. The Department of Defense is operating at 2010 budget levels, which bans starting new programs and limits production… Continue Reading While Congress delays, defense contractors fret

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