Parking enterprise: Is it worth keeping, or perhaps new ownership?
What’s the perfect business? Wouldn’t it be one that’s immune to competition, inexpensive to operate, simple to manage and cash-based?
In 2005, the city of Colorado Springs, the Colorado Springs Urban Renewal Authority and the John Q. Hammons company signed a statement of intent to build and operate a 250-room Embassy Suites hotel near America the Beautiful Park. As part of the deal, the city’s Parking Enterprise agreed to pony up $3.1 million to build [...]
Continue reading …Anyone who’s ever visited Manitou Springs on a sunny weekend knows it can be an art form to find parking. This dilemma has been an ongoing topic of debate and discussion for years. Several years ago, a review by a consultant underscored the need for change. Now that time has arrived. Manitou’s Economic Development Committee [...]
Continue reading …To help lure shoppers downtown for the holiday season, the Downtown Business Improvement District will open a temporary shop to sell gift cards that can be used at more than 100 downtown retailers. Shoppers also can purchase easy-park cards, a pre-paid credit card that can be used on downtown parking meters. Starting Dec. 4, The shop, [...]
Continue reading …The Downtown Partnership of Colorado Springs and the city are floating the idea of extending downtown parking meter fee hours to include weekday and weekend nights to raise money to save the free downtown shuttle. While no plan is certain yet, the idea was born of the downtown partnership’s desire to continue service of the [...]
Continue reading …Colorado Springs’ neighbor to the west has updated its streetscapes, attracted new retail shops and expanded its Cliff House Hotel, but it’s come up short on places for its many visitors to park. To address the problem, the Manitou Springs Parking Authority has released two community surveys soliciting comment about how residents and commercial building [...]
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