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Owners of Team Chevrolet, Al Serra and Jerry Colten, are also the co-owners of a new Chevrolet car dealership that is developing in north Colorado Springs. Colten, also general manager, said the new dealership does not have a name yet. But, it does have a location. The dealership will be just north of Chapel Hills… Continue Reading New car dealership in works for north side of Springs

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MAPI set to expand facilities

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Ancient laws of nature and good health from India will receive a boost into the next millennium when a Colorado Springs company finishes its facility expansion this summer. Maharishi Ayur-Veda International, Inc. (MAPI), now in leased space at two different locations, will move all operations to its new building at 1068 Elkton Drive this summer.… Continue Reading MAPI set to expand facilities

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Springs cited in housing affordability survey

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Colorado Springs ranked 12th in the western region and 136th out of 184 cities across the United States surveyed in the 1996 fourth-quarter housing affordability by the National Association of Home Builders’ Housing Opportunity Index. The index is the only one that ranks housing affordability city by city. The NAHB-HOI measures the proportion of homes… Continue Reading Springs cited in housing affordability survey

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The first of four high-end office complexes to be built on the city’s north side will host groundbreaking ceremonies the middle of this month at 415 W. Rockrimmon Boulevard. R L Development LLC is in charge of all the planned projects. Besides the Rockrimmon site, another is set for 3335 Vickers Drive, another at Lexington… Continue Reading Ground broken for first of four Northside office complexes

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DMA Computer Solutions and Digital Equipment Corp. had the winning combination to be awarded a $5.5 million technology bid by School District 11 for laptop computers. The combination included a major manufacturer, the right technology, and local support that includes training, on-site repairs, and a warranty. Leslie Vallie, director of procurement and contracting for the… Continue Reading DMA lands winning bid for D-11 laptop purchase

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Brothers Lindsay and Robert Case of The Case Company are building a 10,000 square foot speculative retail building at 618 S. Academy Blvd. with plans for a second building of the same size. Robert Case said the first of the two buildings at Fairway Shopping Center is fully leased. A Chinese food buffet, a check… Continue Reading Speculative Shopping Center Ready for Tenants

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Trammell Crow Company, one of the nation’s largest full-service real estate companies, is going from strictly managing property in Colorado Springs to offering a full range of commercial real estate services. Commercial real estate services provided by Trammell Crow include brokerage, investment, property management, and development. Since the office expansion, the Myron Stratton Home awarded… Continue Reading National real estate company expands local offices

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NxTrend plans initial public stock offering

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Colorado Springs-based NxTrend Technology Inc. has filed its intent with the Securities and Exchange Commission to conduct an initial public stock offering of 4.3 million shares of common stock that is expected to raise as much as $69 million. NxTrend, which changed its name from R & D Systems Inc. in December, is in the… Continue Reading NxTrend plans initial public stock offering

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Denver Company Purchases Building

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DPC Development Company of Denver purchased 1365 Garden of the Gods Rd. for $4 million from United Microelectronic Systems Inc. Monday. The site consists of a two-story office and research and development building, and an additional nine acres fronting Garden of the Gods Road, said Steve Bach, chief operating officer of Bach Commercial Real Estate… Continue Reading Denver Company Purchases Building

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Following in the footsteps of its namesake in the Broadmoor area, a second Sterling House assisted living center will host its grand opening in Briargate April 12-14. The new Sterling House, at 7560 Lexington Drive, will provide housing for up to 50 residents in 37 apartments. Apartment units will include studio, one-bedroom standard and 1-bedroom… Continue Reading Sterling House assisted living center opens in Briargate

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