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Hotel and motel construction booms

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Hotel and motel construction is up tremendously in the Colorado Springs area, with industry sources offering differing opinions on the potential surplus of rooms. In the recent past, visitors to the Pikes Peak Region have been forced to travel to neighboring towns such as Woodland Park to find a room at the inn. This year,… Continue Reading Hotel and motel construction booms

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Cruiser Accessories New To Colorado Springs

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Cruiser Accessories, a manufacturer of license plate frames, is in the process of moving to Colorado Springs from Torrence, Calif. Todd Spencer, national sales manager for Cruiser Accessories, said the company will open on Jan. 1 in the 13,000 square foot building at 19475 Beacon Lite Rd. Cruiser Accessories is a family-owned company. “We were… Continue Reading Cruiser Accessories New To Colorado Springs

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Building Purchased

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The four principals of Systems Engineering recently purchased the company’s building at 720 W. Monument. William Harmon, David Walters, Judith Hall and Richard Williams personally purchased the building for $630,000 from Ray O’Sullivan and George Kramer, the principals in West Monument LLC. The building is 16,900 square feet and has almost two acres of land,… Continue Reading Building Purchased

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American Teleconferencing moves

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American Teleconferencing Services Ltd. recently moved from 101 E. Kiowa to the former Chidlaw building at 2221 E. Bijou St. Lisa Mallow, spokesperson for American Teleconferencing, said the company leased 50,470 square feet of the 300,000-square-foot building because the Chidlaw building offered a lot of space, parking, and most of all security. American Teleconferencing reserved… Continue Reading American Teleconferencing moves

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PPCC receives fabrication equipment

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Symbios Logic Inc., a Colorado-based company focusing on developing technology partnerships with its customers and vendors, has outfitted Pikes Peak Community College with fabrication equipment to use in their new IC Fabrication Institute. The institute was developed by the college to educate technicians in fab procedures and processes, preparing them for work in the fast… Continue Reading PPCC receives fabrication equipment

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Auto Tech Plaza grows again

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Auto Tech Plaza opened its sixth garage late last month in response to continued growth in the Pikes Peak Region, according to Sam Leeter, founder of the company. The new garage, located at 304 Manitou Ave., is the second to be purchased by the company and its affiliate-owners. The sale price was not available. The… Continue Reading Auto Tech Plaza grows again

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Springs companies receive capital

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Three Colorado Springs-based companies shared in the more than $39 million in venture capital that flowed to 14 Colorado companies in the third quarter, according to the Price Waterhouse Venture Capital Survey. Array Microsystems topped the funding, receiving $3 million from Boston-based Needham Capital Partners and other undisclosed firms as a follow-on investment in the… Continue Reading Springs companies receive capital

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PB&T opens downtown

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Pueblo Bank & Trust will open a downtown branch Dec. 10, which will be located in the old Bank Western Building at 101 N. Cascade Ave. The bank, which has one location in Colorado Springs at 1515 N. Academy Blvd., has been in the remodeling and defining phases for its new branch for several months.… Continue Reading PB&T opens downtown

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University lands $7 million gift

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Synopsys Inc., a Denver-based developer and marketer of high-tech systems, has awarded the CU-Colorado Springs Department of Electrical and Computer Engineering a gift that includes several components to aid in the students’ research and studies. The gift is in response to the many Colorado companies that have expressed interest in Synopsys-trained employees from various institutions… Continue Reading University lands $7 million gift

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New arrivals create 473 jobs

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The Greater Colorado Springs Economic Development Corp. welcomed eight companies at a reception at The Broadmoor hotel earlier this week. The companies will be responsible for creating 473 jobs by year-end and approximately 2,665 jobs by the year 2000. So far this year, the EDC has announced the relocation and expansion of 4,113 jobs, leading… Continue Reading New arrivals create 473 jobs

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