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Casinos grow

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Colorado casinos ended their fifth year with continued double-digit growth after recording $37.4 million in adjusted gorss proceeds in September, according to figures released this week by Division of Gaming officials. Cripple Creek’s 26 casino reported $10.5 million in AGP in September, down less than $100,000 from August, which accounted for 28.2% of the statewide… Continue Reading Casinos grow

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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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Shopping for office space has gotten tighter in the last three months as vacancy rates have dropped from 7.6% in June to 6.9% by the end of September. Vacancy rates for Class A office space have shown a similar decline from 6.3% in June to 4.9% in September. Turner Commercial Research, which tracks 34 Class… Continue Reading Office vacancy rate drops, speculative building is slim

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CU-Springs seeks funding

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University of Colorado at Colorado Springs has requested $2.3 million to begin a $27.5 million library expansion at the campus. The remaining funds have been requested in two installments of $11.8 million in 1998 and $11.5 million in 1999 to finish the job. CU-Springs, which is undergoing $42.5 million worth of construction, needs the library… Continue Reading CU-Springs seeks funding

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Griffis/Blessing has experienced at least 50% growth in every aspect of its business in the last year. The 11-year-old firm has closed, or will close by the end of the year, several multi-million dollar deals that will increase the value of its multifamily portfolio to more than $135 million. The addition of four shopping centers… Continue Reading Griffis/Blessing acquires property, continues to grow

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Warehouse Condominiums Being Developed

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Tri-Western Construction Co. is ready to begin building a 35,000-square-foot office-manufacturing-warehouse complex at 4630 Forge Road, just off the Garden of the Gods corridor, and has plans for another complex in the 6300 block of Platte. Ashton Randall, of Tri-Western Construction, said he is ready to begin building the complex, which should be completed in… Continue Reading Warehouse Condominiums Being Developed

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Tutt inducted into Business Hall of Fame

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Add one more accolade to the distinguished career of William Thayer Tutt, albeit posthumously. Tutt was inducted into the Colorado Business Hall of Fame last week. Tutt, best known as president of The Broadmoor hotel from 1961 to 1977 and promoter of amateur sports internationally and specifically in Colorado Springs, died in 1989 at the… Continue Reading Tutt inducted into Business Hall of Fame

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Impressions West bought

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Ownership and operation of the westside printing firm, Impressions West, was assumed last month by Jerome Nixon. The company offers in-house graphic design, desktop publishing, corporate imaging, full-service and quick printing, and specialty advertising products. Established in 1987, Impressions West employs 10 full-time staff. Nixon, a native of Illinois, came to Colorado Springs via the… Continue Reading Impressions West bought

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Philips introduces tape library

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Philips LMS, a Colorado Springs-based firm, has recently introduced a product that is destined to reinvent the rules of tape automation and the way in which manufacturers deliver technology with the introduction of the BlackJack 21 automated tape library. The entry-level library innovation, designed for office automation, allows full function to tape life at an… Continue Reading Philips introduces tape library

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Learning to earn simplified

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A company recently formed in Colorado Springs, named Learn2 International, has introduced a product named Learn2Earn. And Joe D’Altia, the company’s CEO and president, promises the software will change the way the world learns — and ultimately earns. Just introduced at a recent trade fair, customers flocked to sign up to buy the product after… Continue Reading Learning to earn simplified

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