Gary Erickson’s Northgate Properties submitted plans Wednesday for a 117,000-square-foot Bass Pro Shop on the far north end of Colorado Springs to the Land Use Review board. “It’s pretty much what you would expect,” said Colorado Springs senior planner Larry Larson, “a lot of natural materials, stone and wood.” At 117,000-square-feet the building takes up [...] [...]
The planned 2.4-million-square foot Copper Ridge retail center sprung back to life last week when Gary Erickson’s Northgate Properties announced that it had lured one of retail’s biggest fish — Bass Pro Shops. [...]
Bass Pro Shops announced Wednesday that it has signed a letter of intent to open a 117,000-square-foot store at the planned 200-acre Copper Ridge retail development near North Gate Boulevard and Interstate 25. This is the first announcement developer Gary Erickson has made about the project since progress appeared to be stalled after El Paso County [...] [...]
The El Paso County Board of Commissioners voted unanimously today to reject a partnership between the county and developer for the proposed Copper Ridge shopping center. Under the agreement, a portion of sales tax revenue from the shopping center would pay for an extension of Powers Boulevard. The road extension is crucial to plans to [...] [...]
El Paso County Commissioners will decide next month whether they should skirt state law and use sales tax revenue from the proposed Copper Ridge shopping center to pay for an extension of Powers Boulevard. It’s a bad idea. And while the discussion next month will be about the legality of it all, there’s an even [...] [...]
by Jonathan Easley Published: January 7,2011
Tags: Copper Ridge
The fate of the proposed Copper Ridge shopping center in northern Colorado Springs will in part hinge on how El Paso County Commissioners interpret the state Constitution. County Attorney Bill Louis is working with the developer, Northgate Properties owner Gary Erickson, on a proposal that would allocate future sales tax revenue from the shopping center [...] [...]
The Colorado Springs City Council gave the Copper Ridge project a green light this spring but the proposed 2.8-milion square foot retail project faces what could be a big roadblock before the El Paso County Commission. Developer Gary Erickson plans to ask the commissioners to grant a sales tax waiver for the project, mostly to [...] [...]
The resumé of the real estate developer behind the 2.8-million-square-foot Copper Ridge retail project includes no shopping-center experience. That’s why Northgate Properties CEO and President Gary Erickson sought out partners Kevin Hawkins and the Salt Lake City-based Woodbury Corp. Together they brought the depth of experience and capital-raising ability he was missing. They’ll need it. [...] [...]
Now that the Colorado Springs City Council has signed off the Copper Ridge retail project, it faces a 2018 deadline to finish the Powers Boulevard extension. After that, the issue will become far more complicated. That’s because when the city annexed the land for the Flying Horse community, the developer agreed to provide the state [...] [...]
The proposed 2.4-million-square-foot Copper Ridge project won the City Council’s support amid one of the worst retail environments in Colorado Springs in more than a decade. Vacancies at local shopping centers are at a 10-year high, rents are down and economists suggest the days of heavy consumer spending are behind us — forever. Perhaps more [...] [...]
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