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El Paso County’s most expensive foreclosures

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Following are the most expensive foreclosures over $200,000 that sold at the El Paso County Public Trustee’s foreclosure auction on Wednesday, Feb. 8. They are listed in order of bid amount. Continue Reading El Paso County’s most expensive foreclosures

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The man behind the Mining Exchange, a downtown Wyndham Grand Hotel due to open this spring, stands to lose more than $200,000 he invested in a LandCo development-related project on South Union Boulevard unless he rescues it from foreclosure. First Citizens Bank and Trust filed a notice of election and demand against The Ridge at… Continue Reading Mining Exchange developer could rescue LandCo project

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El Paso County citizens will soon have access to county forms and records from their mobile devices. The county hired Colorado Springs-based Ideavise, Inc. to design mobile applications that will give citizens easy access to such offices as the County Assessor and County Clerk. The county is in the process of moving toward a portal… Continue Reading El Paso County hires local firm to develop mobile apps

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Colorado medical marijuana business owners are turning their attention to Congressional lawmakers for banking relief now that a Colorado proposal to create their industry’s own financial institution was killed on Valentine’s Day. Sen. Pat Steadman’s, D-Denver, proposal to create a financial cooperative for medical marijuana businesses was postponed indefinitely by the Senate’s Finance Committee. It… Continue Reading MMJ dispensaries left with few options after bank bill dies

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When the wildly popular Springs Cupcake Truck parks its operation in a permanent location at 3 E. Bijou St. next week, it could bring new life to a downtown block that has been quickly dying. Cake Crumbs, the Denver bakery that created the Springs Cupcake Truck, which gained local and national attention last year when… Continue Reading Will cupcake truck’s downtown move drive business?

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Local economy strongest in two years

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It’s been a long couple of years since folks in El Paso County have bought houses and new cars. They put it off and saved their money instead. Now, there are signs that people are ready to spend, said Fred Crowley, Southern Colorado Economic Forum senior economist. The El Paso County economy showed its strongest… Continue Reading Local economy strongest in two years

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ITT Exelis wins $160 million Army contract

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ITT Exelis, in Colorado Springs, received a $160 million U.S. Army contract to provide information technology support and IT services to the U.S. Army in Europe, U.S. European Command  and U.S. Africa Command. The operations, maintenance and supply in Europe was awarded by the U.S. Army contracting Command in Fort Huachuca, Ariz., and includes the… Continue Reading ITT Exelis wins $160 million Army contract

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Boxing bouts keep hotels busy

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An estimated 700 amateur boxers will be in Colorado Springs at the end of the month for the 2012 USA Boxing National Championships, to take a swing at a chance to compete in the summer Olympics in London. The Feb. 27- March 3 event, dubbed as USA Boxing’s premier event, will draw athletes, their coaches,… Continue Reading Boxing bouts keep hotels busy

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PPACG awards $5 million to widen I-25

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The Pikes Peak Area Council of Governments will provide $5 million in local match money to widen Interstate 25  north. The project will expand I-25 to six lanes between Woodmen road and Interquest Parkway. Of the $5 million, $2.3 million comes from Congestion Mitigation Air Quality money and $2.7 million comes from Surface Transportation Program… Continue Reading PPACG awards $5 million to widen I-25

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Second-hand clothing store to open in Briargate

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Plato’s Closet, a second-hand store that caters to teens and young adults, is slated to open on North Academy Boulevard March 1. That’s when it will open to buy anyway, said franchisee Sharon Hoffstetter. It typically takes Plato’s Closet stores six to eight weeks to build up their inventories before they open to sell the… Continue Reading Second-hand clothing store to open in Briargate

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