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Village at Peregrine Starts Sales

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Lifestyle Builders Inc. started sales and development of their new luxury patio home community, “The Village at Peregrine.” This is the first high density development in the 10-year-old Peregrine area, which is in the northwest foothills. Within the 17-acre managed community will be 50 individual homes surrounded by bluffs, trees, and rock-out croppings. Jack Brady,… Continue Reading Village at Peregrine Starts Sales

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Western Interior opens branch

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Western Interior Supply branched out from Denver to Colorado Springs with a new office at 4970 Northpark about two weeks ago. Branch Manager Lyndell Johnson said Western Interior Supply has been serving the Colorado Springs market from its Denver office. However, because of the increase in commercial construction, the commercial, suspended acoustical material company saw… Continue Reading Western Interior opens branch

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Century 21 hires 15 new brokers

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Century 21 Academy Realty Concepts Inc. has added 15 brokers to its sales force in the last month. Owner Cody Thompson credits two factors for the company’s growth: the healthy economy and the new regulations regarding agent licensing and training that went into effect Jan. 1. The residential real estate company that was founded in… Continue Reading Century 21 hires 15 new brokers

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EDC announces 5,200 new jobs

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This week, the Greater Colorado Springs Economic Development Corporation reported its second highest year for employment with 5,200 announced jobs. The highest total of job announcements came in 1991 with 5,325 new jobs when Apple Computer and MCI Communications Corp. announced major projects in the area. EDC reports show that 1996 also had the highest… Continue Reading EDC announces 5,200 new jobs

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Van conversion company grows

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An adaptive mobility business in Colorado Springs is upwardly mobile. Morning Star Mobility, which supplies physically challenged people with mobility products from stair lifts to specially equipped vans, nearly doubled its projected revenues in 1996. The company will expand its leased space while trying to find land to build a new facility, and plans to… Continue Reading Van conversion company grows

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Part of Local History Sold

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The last remaining parcel of the former Alexander Film Company property at 3200 N. Nevada Ave. was sold on Jan. 6 for $850,000. Alexander Properties LLC purchased the land from Cortlandt Deitler of Denver. The site, located near the intersection of North Nevada and Fillmore, consists of 11.37 acres, including approximately 10 buildings. Tom Brown,… Continue Reading Part of Local History Sold

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Defense contractor leases office

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Colorado Springs’ newest defense contractor, SY Technology Inc., leased 9,533 square feet of office space at 1050 S. Academy Blvd., suite 120, in October of last year. However, office build-outs have kept SY in suite 320 since that time. The company should be in its new office this week, according to Jack Tyler, director of… Continue Reading Defense contractor leases office

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Summit Container Corp. moves to Monument

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Colorado Springs-based Summit Container Corporation, whose president was recently named Small Business Person of the Year by the Greater Colorado Springs Chamber of Commerce, will relocate and open a large manufacturing plant in Monument within the next few months. The plant will manufacture corrugated materials used in packaging. The relocation will consolidate the two current… Continue Reading Summit Container Corp. moves to Monument

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A longtime struggle between management and workers moves from the Appalachian coal fields to the Rocky Mountains this week. The Westmoreland Coal Co. bankruptcy case began in Denver District Court on Jan. 9. The Chapter 11 protection suit filed by Westmoreland Coal Co. began yesterday with an administrative hearing to discuss procedures that will be… Continue Reading Westmoreland Coal's battle to remain viable goes to court

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Apartments sold

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Investors Real Estate Trust has closed a deal on The Neighborhood Apartments, located st 3504 Van Teylingen Drive in Colorado Springs. The purchase price for the property was $10.75 million — almost $56,000 per unit. The property consists of 192 units, covering approximately 209,237 square feet. CB Commercial, a Denver brokerage and management group, represented… Continue Reading Apartments sold

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