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Enterprise Zone won't change if approved

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El Paso County’s Enterprise Zone will change very little if its application is approved some time in February. Frank Barber, zone administrator, said the reapplication, which was filed in September, included the 34-year-old, 150,000-square-foot Chidlaw Building on East Bijou. The November reapplication for charitable contributions added recognition of the donated equipment related to the north… Continue Reading Enterprise Zone won't change if approved

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Speculative building continues

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A new speculative building, located on 5.73 acres, will be built this spring, according to developer Dan Gerken. The building will be located at 5535 Tech Center Drive in the Colorado Springs Technological Center. The land was purchased by Gerken and his partner, Josh Taxman, for $811,800. The building will be approximately 100,000 square feet… Continue Reading Speculative building continues

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Logistix holds steady without Apple

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The local division of Logistix anticipates revenue growth of up to 20% in 1997 — despite the loss of one of its highest volume customers, Apple Computers, earlier this year. “This is not going to be a traditional Apple Christmas in terms of volumes,” said Joe Bookataub, vice president of operations for Logistix. The 22-year-old… Continue Reading Logistix holds steady without Apple

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Phil Long hits

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Phil Long Family of Dealerships has risen on the 12th annual <I>Forbes 500</I> list of top private companies in the United States from 481 to 453. The 51-year-old company has 15 dealerships in Colorado Springs and Denver. It employs close to 1,200 people, up from 1,134 last year. Michael Marston, spokesman for Phil Long, said… Continue Reading Phil Long hits

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Let speculative building begin

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Denver-based Pacifica Holding Company will begin construction on the area’s largest completely speculative Class "A" office buildings in this decade. The buildings will be constructed in the Briargate Business Park. Financing for the more than $20 million project will come from Apollo Real Estate Advisors in New York with no preleasing. The office space is… Continue Reading Let speculative building begin

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Coupons work for PPCAA

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The Pikes Peak Country Attractions Association began riding the wave on the Internet starting in June with the offer of free coupons to 42 area attractions. The coupon blitz was a successful one with a high return rate, even more than anticipated. According to the PPCAA, the attractions report a return rate of $14,500 because… Continue Reading Coupons work for PPCAA

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Advanced Computing bought

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Advanced Digital Systems of Denver has bought the customer base of Advanced Computing of Colorado Springs for an undisclosed amount. ADS sales manager, David Drumm, said the acquisition will increase the company’s revenue by 35% in 1996. Advanced Computing had approximately 280 customers in Colorado Springs that have been added to ADS’ 400 existing local… Continue Reading Advanced Computing bought

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Banks merge in Springs

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A merger has recently been completed that will create one of El Paso County’s largest locally owned financial institutions. Peoples National Bank and Colorado Springs Savings have merged with combined assets totaling $120 million. The new financial institution, which will be a wholly owned subsidiary of Peoples National Bank, will be named Peoples National Bank… Continue Reading Banks merge in Springs

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Cisco opens office to cater to local clients

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Cisco Systems Inc., a global provider of computer network and Internet solutions, has recently opened in Colorado Springs. Last year, the company posted $50 million in sales to local customers. The company has been inundated with honors in prestigious publications such as <I>Computerworld</I> and <I>Business Week. Business Week</I> named the company number 40 on its… Continue Reading Cisco opens office to cater to local clients

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STA leaps onto

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Systems Technology Associates Inc. is 68th on the <I>Inc. 500</I> list of fastest growing companies in America. It’s 2,626% growth rate between 1991 and 1995 can claim responsibility. "I’m proud that we’re 68th," said Bob Ben, president, CEO, and founder of STA. "My people earned that." The Colorado Springs-based systems engineering services firm plans to… Continue Reading STA leaps onto

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