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Consolidating appliance service

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<B>By LAUREY LUMMUS</B> <FONT SIZE=-1><I>Staff Reporter</I></FONT> Appliance Service Company, A Colorado Springs-based servicer of domesticand commercial appliances, is in the process of constructing a new building.The new site, which will be located at 3608 Betty Drive, is directly southwestof Austin Bluffs Parkway and Academy Boulevard. In 1984, owner Chip Reinhard purchased the company from his… Continue Reading Consolidating appliance service

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Surgery center constructed

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<B>By LAUREY LUMMUS</B> <FONT SIZE=-1><I>Staff Reporter</I></FONT> The first endoscopic ambulatory surgery center is under construction in ColoradoSprings. The center, which will be run by Gastroenterology Associates of ColoradoSprings LLP, has two physicians at the helm, Richard Folan, M.D., and SamuelIwata, M.D. The new center will be located at 1699 Medical Center Point.The surgery center will… Continue Reading Surgery center constructed

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Northgate plans move ahead

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<B>By LAUREY LUMMUS</B> <FONT SIZE=-1><I>Staff Reporter</I></FONT> Northgate, one of the largest master planned communities in the Springs,is back in private hands. Italian developer Filipo Pola, who owns 950 acres of the area’s 1,500 acres,purchased the land for $4.2 million earlier this year from the ResolutionTrust Corp. The land had been in limbo for four years… Continue Reading Northgate plans move ahead

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Self-storage is big business

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<B>By KAREN SUCHARSKI</B> <I><FONT SIZE=-1>Staff Reporter</FONT></I> Self-storage units have become more important recently as companies relocateto Colorado Springs and employees must store their worldly goods while theysearch for the perfect home. Danny Mientka, vice president of The Equity Group, an investment firm, hasfour storage projects between 10,020 square feet and 26,650 square feet inthe development… Continue Reading Self-storage is big business

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OpTel set to offer phone, cable service

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<B>By KAREN SUCHARSKI</B> <FONT SIZE=-1><I>Staff Reporter</I></FONT> Have you heard about a new company thatwill offer local and long-distance phone service and cable television inEl Paso County? You will. But it’s not any of the telecommunications giants who are currently dukingit out with U S West over prices for leasing local phone cables. It’s Texas-based OpTel… Continue Reading OpTel set to offer phone, cable service

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Aspen Technologies outgrowing its space

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<B>By KAREN SUCHARSKI</B> <FONT SIZE=-1><I>Staff Reporter</I></FONT> The owner of Colorado Laser Marking has branched out in the last year tofound Aspen Technologies, an integrated circuit assembly company. The two companies are currently side by side on Elkton Drive. But AspenTechnologies needs space to expand and will be moving to an 8,500-square-footfacility on List Drive where… Continue Reading Aspen Technologies outgrowing its space

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Kelly Johnson attracts business

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<B>By KAREN SUCHARSKI</B> <I><FONT SIZE=-1>Staff Reporter</FONT></I> Kelly Johnson Boulevard’s accessibility; its proximity to a booming retailarea, the Air Force Academy, and Interstate 25; and the availability of landsurrounding it are attracting a variety of users. First Pic Lodging LLC has purchased 3.21 acres at 1075 Kelly Johnson Blvd.for $390,000 to build two hotels. The first,… Continue Reading Kelly Johnson attracts business

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Quantum moves into old TI building

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<B>By LAUREY LUMMUS</B> <FONT SIZE=-1><I>Staff Reporter</I></FONT> A large chunk of commercial property, located at5825 Mark Dabbling Road, has been leased to the Quantum Corporation, furtherdepleting the inventory for companies seeking existing space. Quantum has signed a five-year lease to move into the former Texas Instrumentsbuilding, which has stood vacant since 1992. The company will occupy… Continue Reading Quantum moves into old TI building

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Wal-Mart Superstores enters food business

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<B>By LAUREY LUMMUS</B> <FONT SIZE=-1><I>Staff Reporter</I></FONT> The Edward Jones Co., a Wall Street investment firm, predicts the Wal-Martchain, which is already dominating the discount department store arena, ispoised to take on rivals for its grocery business as well. The Edward Jones Industry Report on retail says "Given the expected growthfor Wal-Mart and the company’s execution,… Continue Reading Wal-Mart Superstores enters food business

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Circle Shops area revitalized

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<B>By KAREN SUCHARSKI</B> <FONT SIZE=-1><I>Staff Reporter</I></FONT> Danny Mientka vice president of Equity Realty, an investment company, isthe managing partner for two partnerships that recently bought two strategicproperties. Both properties closed July 1; the first, at 908 N. Circle, waspurchased for $350,000, the second at 3730 Sinton Road, was purchased for$500,000. The Circle Shops is strategic… Continue Reading Circle Shops area revitalized

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