Home » Posts tagged with » University village

North Nevada default hurts only bond investors

While a default on $55 million in revenue bonds to pay for infrastructure at University Village Colorado doesn’t seem to come with many consequences, there likely will be some cleanup required. When the Colorado Springs Urban Renewal Authority announced last December that it wouldn’t be able to make the minimum payment on one of two… Continue Reading North Nevada default hurts only bond investors

Two emerging national trends in commercial real estate could have ripple effects in Colorado Springs: increased urbanization and institutional investors looking to smaller markets. Continue Reading Urbanization: National trends could impact local market

Continue reading …

Interstate Battery opening Springs stores

Comments Off

Interstate Battery is moving into the market and the local franchise owners plan to open their flagship store at University Village Colorado in early December. Steve and Kim Kovac bought the Colorado Springs franchise district earlier this year. Steve Kovac, originally from Colorado, worked as a corporate CFO for businesses around the country, most recently… Continue Reading Interstate Battery opening Springs stores

Continue reading …

MacSuperstore moving to University Village

Comments Off

The MacSuperstore is moving from the east side of town to the University Village shopping center this fall. “We feel like we’ll be better able to serve all of Colorado Springs at that location,” said Les Molina, manager at the MacSuperstore currently located at 3646 New Center Point, just off of Powers Boulevard. “And being… Continue Reading MacSuperstore moving to University Village

Continue reading …

University Village on North Nevada is starting to take shape as a dining destination. Bonefish Grill is scheduled to open June 24, followed by Il Vicino in early August and Hacienda Colorado in November, said developer Kevin Kratt. Kratt said he’s also planning to break ground on two smaller spaces designed to eventually house casual-dining… Continue Reading University Village becoming a dining destination

Continue reading …

University Village expands in tough times

Comments Off

While the 2-year-old University Village retail development is not yet fully occupied, several new tenants have recently signed leases, restaurants are moving in and big box retailers are eyeing the location. Kevin Kratt, owner of Kratt Commercial Properties, said the development is about 70 percent full. Tenants that have signed leases in the last couple… Continue Reading University Village expands in tough times

Continue reading …

Johannes Hunter pulling out of downtown

Comments Off

Johannes Hunter Jewelers will move from downtown Colorado Springs after 23 years in the heart of the city. The high-end jeweler is moving to University Village and will fill a retail storefront at 5182 N. Nevada Avenue, said store co-owner Linda Hunter. The store has been in its current location at 124 N. Tejon Street… Continue Reading Johannes Hunter pulling out of downtown

Continue reading …

BJ’s Restaurant and Brewhouse is scheduled to open open in a 7,700 square-foot space at the north end of the University Village shopping center Aug. 30. “This is good evidence of our improving local economy,” said Kratt Commercial Properties President Kevin Kratt, who developed the property along with Tom Cone of Olive Real Estate Group… Continue Reading Restaurant-brewery moving into University Village

Continue reading …

Kevin Kratt of Kratt Commercial Real Estate said during December that he expected the first stores at University Village Colorado to open during the third quarter of 2009. Right on schedule, Smashburger, a Denver-based restaurant chain, will offer customers a sneak peak on Oct. 27, and open for business the next day. At the same… Continue Reading University Village almost ready to welcome shoppers

Continue reading …