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Littleton-based Carder Concrete is buying 13 acres for a little less than $800,000 on East Las Vegas Street to build a full-service concrete products manufacturing facility. President Tom Walters said the new facility will cost approximately $3.2 million with land and equipment. He expects the manufacturing plant to be up and running in August. Carder,… Continue Reading Carder Concrete to build manufacturing facility

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Cedar Heights builds new homes

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Cedar Heights residents will have 32 new neighbors by the end of 1997, the most new homes the 20-year-old development has seen started in a single year. Only five of the homes will be speculative, while the remaining 27 are pre-sales. Mark Skelton, who sells lots and matches prospective residents with builders in the development,… Continue Reading Cedar Heights builds new homes

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Gold Capital, Globex to merge

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The anticipated merger of Globex Mining Enterprises, Inc. and Colorado Springs-based Gold Capital Corporation will affect only stockholders and have little direct impact on the Colorado Springs workforce. According to Bill Conrad, president of Gold Capital, the merger agreement whereby Globex will acquire 100% of Gold Capital in exchange for both cash and stock, will… Continue Reading Gold Capital, Globex to merge

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A new golf course management and consulting firm has been formed with headquarters in Colorado Springs and an office in Castle Rock. The new firm, called Sunlinx Inc., is headed by Scott Simpson, a veteran manager of such enterprises as the Colorado Springs Parks and Recreation aquatic program, Ski Broadmoor, the Patty Jewett and Valli… Continue Reading Golf course management and consulting firm opens in Springs

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Watt Homes opens models

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Four new models of Watt Homes are open at Cascades in Springs Ranch. These model homes offer features typically found in more expensive homes — square cul-de-sac locations, two-car garages, Möen faucets, front-yard landscaping, sprinkler systems, and brass entry hardware are all standard in these Watt homes — according to Kathy Wenrich, of The Cascades… Continue Reading Watt Homes opens models

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Symetrix shifts focus

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Symetrix Corporation will announce a shift from research and development to a more production-oriented business plan at the International Symposium on Integrated Ferroelectrics in Santa Fe next week. Because of the growth of the company and the confidence expressed in its technology by global semiconductor companies, a public stock offering is not out of the… Continue Reading Symetrix shifts focus

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Local companies win funding

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Communications firms around the United States were the big winners in the fourth quarter of 1996, garnering more than $553 million of venture capital investments, according to the Price Waterhouse Venture Capital Survey. Colorado communications firms received $119.8 million or 21.6% of the total, coming in second only to Silicon Valley, for dollar amount invested,… Continue Reading Local companies win funding

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Keller Williams Office Opens

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Longtime Colorado Springs real estate brokers Gerda Reimer and Kerry Williams recently purchased a Keller Williams franchise to become the first Keller Williams real estate office in Colorado Springs. Williams said the office opened in Suite 200 at 5125 Centennial Blvd. on Feb. 1. “We have 12 agents and a few transactions,” which he said… Continue Reading Keller Williams Office Opens

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City's Largest Apartment Complex Sells

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Templeton Park Apartments was recently purchased by Templeton Apartments LLC, an entity controlled by Griffis/Blessing Company Inc., for $23.3 million — the highest price ever paid for an apartment property in Colorado Springs. Griffis/Blessing bought the 496-unit apartment complex, which is Colorado Springs’ largest apartment complex, from Templeton Investors, a partnership controlled by Chicago-based Balcor… Continue Reading City's Largest Apartment Complex Sells

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Niebur Golf builds speculative office building

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Getting out of his element of building golf courses and diversifying his business, Joe Niebur, of Niebur Golf, is building a 20,000 square foot speculative office building with plans for a second, 15,000 square foot speculative office building at 675 S. Pointe Ct. Niebur said that he lives and works in south Colorado Springs and… Continue Reading Niebur Golf builds speculative office building

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