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It’s a bonanza, just waiting to be claimed. The prize: almost 8 million U.S. green construction jobs that will pump $554 billion into the economy through 2013. And of that half a trillion dollars, an estimated $396 million is projected for wages. The industry’s upside potential was confirmed in the results of a study released… Continue Reading Green-focused builders predicted to see big pay day

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Swimming against the current

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When the going gets tough, only the toughest brokers survive Skimpier paydays are forcing real estate brokers across the nation to rethink, retool and, in some cases, recommit to one of the economy’s most assailed sectors. Last month, the Wall Street Journal reported that as the result of a two-year downturn, many people working in… Continue Reading Swimming against the current

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Some of the area’s general contractors are adding boutique projects to their broader portfolio of office and retail buildings, high-rise multifamily, correctional facilities and schools. Here’s a brief look at two interesting projects in the works. Zoo to add Grizzly Grill J.E. Dunn Construction just broke ground on the Grizzly Grill, a 4,900-square-foot dining facility… Continue Reading Zoo’s Grizzly Grill part of contractors’ move to ‘boutique’

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Plan B

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Roller coaster of real estate not for everyone Upon returning to his hometown during 2007 after more than six years working for a national telecommunications provider in Denver, newly licensed commercial real estate broker Andrey Trinidad was ready for a career change. He joined Hoff & Leigh in Colorado Springs, where his brother was working… Continue Reading Plan B

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G.E. Johnson selected for Visual Arts Building

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Colorado Springs-based G.E. Johnson Construction Co. has been awarded a contract to build a $27 million visual arts building at the University of Wyoming in Laramie. The two-level 83,750-square-foot facility will contain studios for drawing, sculpture, metalworking, ceramics, printmaking and related support facilities. Johnson will pursue U.S. Green Building Council Leadership in Energy and Environment… Continue Reading G.E. Johnson selected for Visual Arts Building

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The process that brings new office buildings, schools, commercial centers and civic or government structures into the construction pipeline has been temporarily stalled by tight money and sidelined investors. So, what does the future hold for those involved in the design and construction of tomorrow’s signature buildings or urban centers — the architects, contractors and… Continue Reading Stoking the project pipeline

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Weidner buys Parkmoor

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The 328-unit Parkmoor Village Apartments at 3688 Parkmoor Village Drive been purchased by Weidner Investment Services of Seattle, Wash., for $12.1 million. The buyer also owns several other Colorado Springs apartment communities. The Lively Family Trust had owned the 15.5-acre property for 37 years. “Most of the units are two-bedroom, two-bath. The family bought it… Continue Reading Weidner buys Parkmoor

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It’s taken four years and three different ownership groups, but the Mining Exchange building and its neighbors, the Freedom Telegraph, Independence and Municipal Utilities buildings, are ready to be transformed into a 150-room “boutique” hotel and conference center.
That is, as long as the city leaders approve key sales tax-sharing provisions. Continue Reading Mining Exchange hotel developer ready to transform downtown

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Repositioning of former PetCo building under way

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Increased retail closings or lease defaults have spurred repositioning efforts and marketing creativity on the part of some building owners. A former PetCo store at 5720 N. Academy Blvd in the Berkshire Center, for example, was purchased during 1993 by a Pebble Beach, Calif., investor for $775,000. The pet supply company’s 12,558-square-foot lease ran out… Continue Reading Repositioning of former PetCo building under way

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Amenities of the rich and famous

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Finding a management team that shares the owners’ vision on a project such as converting the Mining Exchange and its neighboring buildings into a boutique hotel is not an easy task. Anticipating that challenge, co-owner Perry Sanders hired Tyler Sherman, the former operations manager at Denver’s Hotel Teatro. “We’ll begin marketing the hotel and conference… Continue Reading Amenities of the rich and famous

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