Last night Vince Colarelli laid out his case to the Colorado Springs City Council on the merits of a $1 billion trash-burning data center he said would bring hundreds of jobs and Fortune 500 companies to the region.
Read my Q&A with Colarelli here.
The project will need urban renewal designation to succeed, and the council will vote on that matter later this month.
In the mean time Colarelli is keeping busy. According to the Pikes Peak Regional Building Department, his firm Colarelli Construction pulled a permit last week on a $5.6 million, 43,500-square-foot Honda World going up at the Powers Auto Park. That’s not even one percent the size of the data center, but it’s work nonetheless.
The good news for the rest of the local construction industry is that this wasn’t the only seven-figure permit pulled last week.
Despite the Colorado legislature’s education funding cuts, the Douglas County school district has hired Lakewood-based Himmelman Construction on a $1,000,000 interior school remodel.
And the Meadow Lake Airport in Peyton will get a new hangar at a cost of $1,143,778, and Springs-based Hammers Construction is the beneficiary of that project.
Still, the region will need to see a lot more of these kinds of projects to get back to pre-meltdown levels of activity. According to data released yesterday by the Associated General Contractors of America, the unemployment rate for the construction industry is at 21.8 percent,