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Development plans submitted to city

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Nor’wood Development Group, 4065 North Sinton Road, submitted to the city its master plan for its Wolf Creek Ranch project concerning 1,651 acres near Blackforest Road and Research Parkway, and if all goes well, the plan will be heard by the planning commissioners late this summer.“This is the biggest project that is coming into the… Continue Reading Development plans submitted to city

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Swagata Guha, a principal partner with the Colorado Springs architectural firm Design Edge PC, is seeing a lot more volume in the custom housing business. That’s consistent with what the industry is experiencing nationwide. Architecture services are once again “poised for growth” after four months of declining business, according to the American Institute of Architects’… Continue Reading Briefs: Housing industry experiences growth+

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A lawsuit filed against the city doesn’t seem to present a conflict of interest for an asset manager who is running for City Council, despite concerns to the contrary. “If it was, I’d recuse myself,” said Kevin Butcher, who is running for a seat on City Council representing District 2, the northeast section of Colorado… Continue Reading City Council candidate involved in city lawsuit

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Urban renewal plan approved by commission

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Green. The color has many connotations attached to it: luck of the Irish and a knack for cultivation are just two of them. Both are metaphors, in a wee way, for real estate issues. Lucky charms At the Planning Commission meeting March 8, the Southwest Downtown Urban Renewal Plan grew an inch, passing unanimously 8-0,… Continue Reading Urban renewal plan approved by commission

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City grapples with growth-related issues

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Residential and commercial developers are facing a local version of a statewide dilemma: how to plan responsibly for growth and continue to benefit from it. City Council decided Tuesday to postpone yet again any decision on how to fund a grade-separated interchange at the intersection of Woodmen Road and Academy Boulevard, until the city completes… Continue Reading City grapples with growth-related issues

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Businesses opposed to urban renewal plans

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Members of the Urban Renewal Authority patted one another on the back last week after finally resolving the relocation policy associated with urban renewal. However, some business owners and concerned citizens who attended the URA¡¦s board meeting were less enthused, crossing their arms and shaking their heads. ¡§They may have a great vision for what… Continue Reading Businesses opposed to urban renewal plans

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Spring is in the air and so is change in the real estate community. The Southern section of the Colorado Chapter of the American Society of Landscape Architects had its monthly meeting March 1. The group pondered pursuing the opportunity for licensure. In 1979, Colorado legislation eliminated licensure requirements for landscape architects, said Ronald Evans,… Continue Reading Colorado Springs Real Estate Briefs March 9, 2001

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Briefs: 18.6 acres of land sells for $2.8M+

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If Colorado Springs is the land of honey, then developers are sticking to it. Circle Square Properties LLC of Brighton, Colo., bought 18.6 acres of land on the southeast corner of Circle Drive and Janitell Road for $2,834,994 from Recreational Investments and Management Inc. in Branson, Mo. The property is part of Harrison Business Park.… Continue Reading Briefs: 18.6 acres of land sells for $2.8M+

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Memorial Hospital had been considering adding new Wards – Montgomery Wards, that is. Hospital management received the nod of approval last week from the board of trustees to enter into negotiations to purchase the soon-to-be-vacant Montgomery Wards building at 2420 E. Pikes Peak Ave. The discount retailer said Dec. 28 it was filing bankruptcy proceedings,… Continue Reading Hospital tries to buy bankrupt retailer's building

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Federal Express plans two new buildings in CO

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Federal Express isn’t done growing yet. The national shipping company plans to erect two more buildings on its 28-acre Rocky Mountain Technology Center campus on Voyager Parkway in northern Colorado Springs. The Business Journal discovered in June 1999 that the company was building its first building, a 156,000-square-foot structure in Northgate. FedEx spokesman Ed Coleman… Continue Reading Federal Express plans two new buildings in CO

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