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Navsys, MCI founder develop partnership

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A Colorado Springs-based company and the man who formed MCI and FTD’s Mercury Network have joined together in an unprecedented venture. Navsys, a Colorado Springs Global Positioning Systems company, has entered into an agreement with Jack Goeken, founder of MCI. Goeken also founded the In-Flight Phone Corporation. The project will involve developing the implementation of… Continue Reading Navsys, MCI founder develop partnership

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Homewatch heading south

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Denver-based Homewatch International Corp. has announced plans to expand into the Colorado Springs area. The home-based franchise specializes in household support including non-medical companion care, as well as pet and household sitting and handyman services. The company, founded in 1973, has experienced a steady increase in sales revenue, up 25% from 1995. Franchise operations Colorado… Continue Reading Homewatch heading south

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Manitou adds mineral pools

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Preliminary work is being done in Manitou Springs to add $200,000 to $300,000 worth of mineral pools to the Aquatic Fitness Center in Schryver Park. New pool manager Joe Burke, formerly manager of The Broadmoor hotel’s aquatic, fitness, and recreation center, is working on cost projections and operating plans. Plans call for one 18,000 gallon… Continue Reading Manitou adds mineral pools

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Philips LMS increases revenue

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Philips Laser Magnetic Storage is expected to increase its revenue up to 20% each year for the next several years, according to company vice-president Todd Gresham. According to Gresham, the Colorado Springs headquartered company has been working diligently for the past two years on a series of products that are just being introduced in the… Continue Reading Philips LMS increases revenue

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Retailers flock to Fountain

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Pikes Peak Aviation, a Colorado Springs firm, is set to build a shopping center/office complex on 39 prime acres near Fountain. The unnamed shopping center, approximately 300,000 square feet, will be located at the intersection of the Powers Boulevard extension — to be complete within 10 years — and Interstate 25, between the cities of… Continue Reading Retailers flock to Fountain

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Apartment rent increases slow

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Approximately 36% of Colorado Springs adults reported to The Media Audit, a Houston-based demographics service, that they are renters rather than homeowners. The good news for these residents is that apartment rentals seem to be leveling off as the average market rent comes to what Colorado Springs renters are willing to pay. Year-to-date average rent… Continue Reading Apartment rent increases slow

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Sun Microsystems growing

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<B>By LAUREY LUMMUS</B> <FONT SIZE=-1><I>Staff Reporter</I></FONT> Businesses may now have educational information delivered to their desktopcomputers with the touch of a button or a quick mouse click, with a ColoradoSprings firm aiding them in their delivery. Sun Microsystems Inc., a San Jose-based firm specializing in the developmentof software, which has a branch office in Colorado… Continue Reading Sun Microsystems growing

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Commercial sales closed

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<LI> The top commercial sale in Colorado Springs during the first week of September was the $350,000 purchase of vacant land by the Bagherian Development Co., owned and operated by M. Bagherian. The land, which has been zoned commercial, is located on Barnes Road. No specific address has yet been given to the parcel, which… Continue Reading Commercial sales closed

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Computer franchisor accelerates

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<B>By KAREN SUCHARSKI</B> <FONT SIZE=-1><I>Staff Reporter</I></FONT> Although Computer Renaissance opened just over two months ago, revenue isalready 40% ahead of projections and owner Brock Munsell expects to top $1million in sales for the first year. "It’s been crazy," he said. "It kicked off much better than we expected." Computer Renaissance is a used and new… Continue Reading Computer franchisor accelerates

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Michaels poised to move into Citadel Plaza

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<B>By LAUREY LUMMUS</B> <FONT SIZE=-1><I>Staff Reporter</I></FONT> Hobby Lobby, soon to relocate to the Citadel Crossing Shopping Center, isabout to encounter a rival store opening down the street. The Citadel Plaza will be the home of Michaels, which is currently locatedat 4438 Austin Bluffs Parkway. A 25,000-square-foot building is underconstruction and will be finished in January.… Continue Reading Michaels poised to move into Citadel Plaza

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