Drake Power Plant’s days could be numbered. But it could be decades before the familiar plumes of steam no longer dominate the downtown landscape. The Colorado Springs Utilities Board of Directors – essentially, City Council – asked the utilities staff to study the feasibility of de-commissioning Drake, the coal-fired power plant. Tentatively, the study will [...] [...]
Cities are likely to soon be swooning over data centers, and Colorado Springs could be a lucky suitor. [...]
Colorado Springs Regional Economic Development Corp. documents tout that the organization has brought more than 19,000 jobs to Colorado Springs during the past decade. But that number isn’t accurate. The EDC keeps two sets of numbers, one that is the number of jobs companies say they expect to create when they move to the city, [...] [...]
Jobs, they are the talk of the town. They are the subject of forums, meetings, reports, committees and task forces. People are talking about the loss of them, the effect of the loss of them, the reason why they were lost and how to get them back. Despite all the talk, they remain elusive in [...] [...]
State and local leaders will meet Nov. 3 in Colorado Springs to discuss jobs. Billed as a “Jobs Renaissance” the goal of the summit is to share concrete ideas on how the state can create new jobs, said Karl Dakin, one of the event organizers and executive director, Sullivan chair for free enterprise at Regis [...] [...]
Gov. John Hickenlooper released an updated version of the statewide economic development plan created earlier this year to spur Colorado’s economy, help businesses grow and attract new jobs to the state. “Colorado is already seeing the benefits of taking a bottom-up, collaborative approach to economic development,” Hickenlooper said. “Earlier this month, Arrow Electronics announced it [...] [...]
The news headlines might scream that this is the worst economic recovery ever, but one economist said it mirrors past recoveries, and in some areas is even better. “This recovery is falling in line with the last two recoveries,” said Jim Paulsen, Wells Capital Management chief investment strategist. At this rate, he said, the economy [...] [...]
Colorado Springs as an economic hub is like an awkward-aged adolescent who is not quite a teen-ager and is no longer an adolescent – a “tweener,” said a national expert who studies why businesses relocate to certain cities or regions. The Springs has a favorable reputation in the national business world with its decent distribution [...] [...]
City Councilman Tim Leigh has a lot of ideas. Some are wild — like getting Colorado Springs Utilities to build kayaking rapids in Fountain Creek. Some are big — like building a downtown, Olympic-themed sports arena. And some are just plain unconventional — like using money from the lease for Memorial hospital’s assets to pay [...] [...]
Donna Nelson is the city’s new economic vitality specialist, a position that replaces the city’s traditional economic development efforts. [...]
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