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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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Medical professionals snatch up land

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<H3> <I>Physicians invest millions to build on International Circle</I></SUBHEAD> <B>By KAREN SUCHARSKI</B> <FONT SIZE=-1><I>Staff Reporter</I></FONT> Dr. Larry Cole of the Colorado Springs DermatologyClinic is building a 14,000-square-foot medical office building on InternationalCircle for nearly $1.2 million. The building is the first of three of approximately the same size and cost,according to Kurt Kaltenbacher of The… Continue Reading Medical professionals snatch up land

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Stratton Preserve breaks ground

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<B>By JACKIE SANCHEZ</B> Ten months of neighborhood consen-sus building culminated with the Aug. 25groundbreaking at Stratton Preserve, a luxury gated community in southwestColorado Springs. In the process of getting approval for Stratton Preserve, Schuck Communities,a local neighborhood developer, consulted with the Skyway Homeowners’Association. "This is a model for the way development should occur," said community… Continue Reading Stratton Preserve breaks ground

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Kaiser-Permanente to open

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<B>By LAUREY LUMMUS</B> <FONT SIZE=-1><I>Staff Reporter</I></FONT> The number of health maintenance organizations in Colorado Springs is growing,with Kaiser-Permanente announcing it will be opening a branch in ColoradoSprings as early as next month. Kaiser-Permanente is the oldest and largest group practice HMO in Colorado,serving clients since 1969. The company will not build its own facility, but… Continue Reading Kaiser-Permanente to open

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MedPlus Corp. finds financing

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MedPlus Corporation, a Colorado Springs-based health care and financial management and occupational health care company, has entered into an equity financing agreement with Wall Street Connections Inc. for the sum of approximately $3 million. Wall Street Connections Inc. is headquartered in Clearwater, Fla. The terms of the transaction dictate MedPlus will enter into an investment… Continue Reading MedPlus Corp. finds financing

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Lewan enjoys growth spurt

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Lewan &amp; Associates, ranked the largest employer among office equipment and supply companies in El Paso County, is experiencing another growth spurt, with revenue for 1996 expected to rise by up to 20%. The family-owned company, which opened its rented doors in Denver in 1972, with six employees and a few used office machines now… Continue Reading Lewan enjoys growth spurt

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Retail center breaks ground

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A retail center located at the northwest corner of Centennial Boulevard and 30th Street will break ground later this moth. Developers of the project are Craig Anderson and Bentley Hill of Highland Commercial Group. The Shops at Centennial will occupy 14,000 square feet and will include a dry cleaning establishment, hair salon, sandwich shop, bagelry,… Continue Reading Retail center breaks ground

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Lower gas rates would benefit manufacturers

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Colorado Springs Utilities proposed gas rate decrease will have a substantial effect on commercial gas customers, according to utilities analyst Jim VanderWal. The decrease, which will lower gas rates anywhere from 8% to 8.9%, will have the biggest impact on manufacturing companies, which use an extensive amount of natural gas in their production. The City… Continue Reading Lower gas rates would benefit manufacturers

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LinCom growing quickly

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The local office of a communications systems engineering and software development company will be growing faster than other offices of its Los Angeles-based parent, doubling its staff in 1996. LinCom Corp. established a local office in 1990 to support a systemwide Air Force contract to write software that directs the management of communications satellites. Since… Continue Reading LinCom growing quickly

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Developer to move on Peterson parcel

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The fate of a promising 16-acre parcel in eastern Colorado Springs is once again up in the air. But this time the developer is flying the plane. After nine years of litigation, the Space Plaza Group Ltd. recently received approval to develop property on the corner of Peterson Road and Highway 24. The City Council… Continue Reading Developer to move on Peterson parcel

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