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Lincoln Residential Services, a creation of the Dallas-based Lincoln Property Company, is expanding its services in Colorado. In the spring of 1995, Lincoln Property Company created Lincoln Residential Services as its property management affiliate. The company’s goal is to attract more third-party fee management business and become the west’s premier multi-family property manager. In the… Continue Reading Lincoln Properties expanding in Colorado Springs

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Village at Stratton Preserve sold

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Nichols and Comito, a new partnership formed by custom builders LarryNichols and Claude Comito, purchased Village at Stratton Preserve from Schuck Communities Inc. for $965,000. Village at Stratton Preserve is a 20-acre development adjacent to Stratton Preserve, a luxury, gated estate development. Village at Stratton Preserve is a sub-association of Stratton Preserve Association, said Phyllis… Continue Reading Village at Stratton Preserve sold

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Raceway spurs fast-track business development

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The green flag has finally dropped on developers racing to take advantage of the economic opportunities that Pikes Peak International Raceway is expected to bring to Fountain. Officials in this bedroom community hesitate to estimate the economic impact on the city. Track investors have studies that indicate that tracks of similar size have pumped as… Continue Reading Raceway spurs fast-track business development

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Huge market for industrial land

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The South Academy Business Park is one example of a boom in industrial build-to-suit construction in southwestern Colorado Springs. The 50-acre park, owned by P & P Investments, has 14 acres left at $2.50 per square foot. It is located at the corner of Highway 85-87 and Las Vegas Street. Residents include Rocky Mountain Materials,… Continue Reading Huge market for industrial land

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One-stop women's healthcare

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With the fall opening of the Springs Center for Women, all women in the area will be able to receive comprehensive health services under one roof. Academy Women’s Healthcare Associates and Community Health System formed a limited liability corporation agreement to bring full health care to women at the former site of the Doctor’s/Eisenhower Hospital,… Continue Reading One-stop women's healthcare

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Absorption report revealing

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Colorado Springs has an large supply of houses in the $800,000 to $1 million range and they just aren’t moving, as evidenced by the recent bargain sales of the Maytag and Rockledge mansions. Joe Clement, owner of Re/Max Properties, said there are so many options in the Colorado Springs high-end housing market that people just… Continue Reading Absorption report revealing

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Area hotels ready for tourists

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Hotels in Colorado Springs are sprucing up for the tourist season which officially runs from May 28 through Sept. 7, and the sprucing up goes way beyond a little paint and cleaning. According to reports from the top 10 hotels listed in the <I>Colorado Springs Business Journal 1997 Book of Lists</I>, more than $10 million… Continue Reading Area hotels ready for tourists

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American savings bank opens loan office

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California-based American Savings Bank recently leased 3,000 square feet at 17877 Van Karman for its newest Colorado loan office. Marcia Mathias, spokesperson for American Savings Bank, said the company recently opened loan offices in Denver and Boulder. Colorado Springs will be the third Colorado loan office, according to Mathias. The office will handle residential loans… Continue Reading American savings bank opens loan office

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The region’s population explosion has local automobile dealers feeling the demands of changing demographics and consumer needs, and they are responding with more options and locations for car buyers. Due to the growing number of people in the Pikes Peak Region, plans are now under way to construct the Chapel Hills Auto Mall on a… Continue Reading Car dealers driven to expand to meet population's demand

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Homesite in Planning Stages

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A 320-acre site on Ayers Road in Black Forest is in the planning stages for development. Sylvan Meadows, owned by Land-Pro Group LLC with local principal Jerry Landress, is still in the planning stages. The plans are at the Water Board in Denver, said Richard Auderman, of Pathway Properties, who is marketing Sylvan Meadows. Once… Continue Reading Homesite in Planning Stages

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