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Archive | March, 2011

Vince Colarelli: Pulling permits and pitching city council

8. March 2011

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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 […]

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Citadel Apartment building sells for $1.5 million

7. March 2011

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A 46-unit apartment building across from The Citadel mall on Galley Road is off the market. The Citadel Apartment building, which had been on the market for more than two years, went for $1.5 million. A team led by Ron Spraggins, owner of the Spraggins Team of Commonwealth, represented the seller in the transaction. The […]

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HAMP activity in the Springs: Closing in on a paltry 1,000

4. March 2011

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Government loan modifications were up slightly in January, although the number of modifications have been bumping along the bottom since last September, according to the latest data from the Department of Treasury. There were 17,863 modifications in January, which is up from 16,982 in December. Still, this is a significant drop from last April’s high of 67,426. The […]

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Hickenlooper signs foreclosure deferment bill into law

1. March 2011

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Gov. John Hickenlooper will sign seven bills into law today, and among them is HB11-1023 to continue the state’s foreclosure deferment program until 2016. The program was set to expire this year. The bill, sponsored by Rep. Mark Ferrandino, D-Denver, received unanimous support in both the house and senate. Under the deferment program, if a […]

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