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Nonprofits add to local economy

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A large chunk of revenue, totaling more than $220 million each year, is brought to Colorado Springs by the nonprofit organizations in the area. The headquarters of the nonprofit organizations, which total 48, also bring an estimated $9.8 million into the local economy through visitor spending. These results were recently released by the Greater Colorado… Continue Reading Nonprofits add to local economy

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MAX poised to take over old airport

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Mountain Air Express, Western Pacific’s commuter airline, has recently announced it will call the former Colorado Spring’s airport its new home. The 110,000-square-foot airport, which is located at 5750 Fountain Blvd., will serve as the new airline’s headquarters, with MAX utilizing up to 50% of the 55,000 square feet leased. Mountain Air Express will use… Continue Reading MAX poised to take over old airport

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Broadmoor Resort living

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Broadmoor resort living continues through the luxury housing development of Broadmoor Resort Community. Located along the foothills south of The Broadmoor hotel, Broadmoor tradition is recreated in the Broadmoor Resort Community. This development offers homebuyers exclusive homes and homesites in a gated and secure setting. Tom Schmidt, director of development for the Broadmoor Resort Community,… Continue Reading Broadmoor Resort living

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LKA expands

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After expanding as much as they could in Colorado Springs, the architectural planning services firm of LKA Partners has opened an office in Denver. Jim Strange, a principal in the 30-year-old firm, explained that LKA has had a good year winning contracts. It has grown from 22 employees last year to 36 this year, including… Continue Reading LKA expands

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Cataloging commercial land

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Commercial/industrial sales to investors have lagged. Large-user space has been leased or bought. Very little speculative construction is occurring. "A lot of the supply is gone," said Ted Link of Highland Commercial Group, referring to commercial real estate in the area. "The next thing is land, and that spurs speculative building." How much land is… Continue Reading Cataloging commercial land

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Conference center expands

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Cheyenne Mountain Conference Resort, located at 3225 Broadmoor Valley Road, will increase its number of rooms by 40, bringing the total to 316. Groundbreaking is expected to start next month on the addition, which will include three meeting rooms as part of the improvements. Cheyenne Mountain is owned by Cornerstone Real Estate Advisors, a subsidiary… Continue Reading Conference center expands

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A $20,000 Federal Department of Defense Conversion Grant has given economic developers a powerful new information tool. The grant, received by the Chamber of Commerce, has allowed community leaders to recognize their goal of an employer database for the Greater Colorado Springs area. The comprehensive database will be used by the COC, the City’s Office… Continue Reading Chamber database realized with federal grant money

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Tricom wins exclusive contract

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Tricom Communications, a Colorado Springs business that opened in 1986, has just been awarded an exclusive contract to distribute AT&T/Lucent technology in southern Colorado. Tricom will become the sole authorized dealer for the area, which ranges from south Denver to New Mexico and Kansas for the full product line of AT&T telephone equipment. According to… Continue Reading Tricom wins exclusive contract

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Relocation Solutions grows

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Relocation Solutions is projecting 20% growth in revenue this year over last year. The 6-year-old company has grown from assisting 50 corporations with relocation of employees in 1990 to aiding 130 companies in 1994. More than 650 individuals and families were helped in 1995 and the company has helped nearly 700 find their feet in… Continue Reading Relocation Solutions grows

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Sears sells Broadmoor homes

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Greeley-based Sears Real Estate has come to Colorado Springs as the developer and sales office for Broadmoor Village at 4112 San Felice Pointe. Joe Whisenand, president of Sears and Co., said Sears Real Estate has 25 agents in Colorado. The company develops subdivisions, constructs new homes, and helps other developers sell their developments. In Colorado… Continue Reading Sears sells Broadmoor homes

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