Author: Wayne Heilman Special to the Gazette
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Colorado Springs developer behind USOC headquarters project files for bankruptcy
Colorado Springs developer Ray Marshall – whose involvement in the U.S. Olympic Committee headquarters project led to charges of theft and racketeering – and more than 80 partnerships and limited liability companies in which he owns an interest have filed for bankruptcy. Marshall, 51, filed the Chapter 7 bankruptcy last month in federal bankruptcy court…
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Survey: 2nd quarter hiring outlook for Colorado Springs not as sunny as for state, U.S.
The hiring outlook in the Colorado Springs area will be better in the second quarter than it is in the current quarter, but it will still lag the state and nation, according to a quarterly survey by staffing giant ManpowerGroup. The percentage of area employers planning to hire in the April-to-June quarter exceeds those planning…
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One Colorado Springs mayoral candidate raises more money than all other candidates combined
John Suthers continued to add to his fundraising lead in the mayor’s race, while money from political action committees and developers made a big difference for four City Council candidates, according to the latest campaign finance reports. Suthers raised $37,880 from 81 donors between Feb. 11 and Monday, increasing his total for the campaign to…
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New vehicle registrations in El Paso County hit the slow lane in February
After hitting a 10-year high last year, the automobile and truck market in El Paso County has gone into reverse. According to the El Paso County Clerk and Recorder’s Office, the number of new vehicles registered in the county last month fell 15.4 percent from February 2014 to 1,662. It marks the third decline in…
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A done deal: Colorado Springs company finally acquires angioplasty product line
Spectranetics Corp. completed its $30 million acquisition of the Stellarex drug-coated angioplasty balloon product line from Covidien plc on Tuesday – its second major angioplasty deal in seven months. The Colorado Springs-based medical laser manufacturer announced the deal in November but had to wait for the completion of another transaction: Medtronic Inc.’s purchase of Covidien…
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Colorado Springs gas prices headed back up
It looks as if it’s time to mute the celebration over low gas prices. According to an industry analyst, the Colorado Springs area is unlikely to see a continued drop in the cost of gas, at least for the next few months. In fact, the average price for a gallon of gasoline in the Colorado…
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Bye-bye semiprivate rooms: Memorial-UCHealth central campus to get $40 million facelift
University of Colorado Health is planning to launch a $40 million renovation project at its Memorial Hospital Central campus by the end of March that will turn most of its two-person rooms into single occupancy and upgrade its equipment. The nearly two-year project at the 1400 E. Boulder St. campus resulted from a year of…
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Author coming to Colorado Springs to help community rebuild trust
Pikes Peak United Way and the Colorado Springs Leadership Institute want to rebuild trust in Colorado Springs among government, businesses and nonprofit groups, and they’re bringing author and speaker Stephen M.R. Covey to the Pikes Peak Center next week as the first step. Covey, author of the 2008 book “The Speed of Trust” and son…
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Disaster-free year boosts business at Colorado Springs-area hotels
A summer free of natural disasters and packed with special events helped Colorado Springs-area hotels bounce back last year to the highest occupancy rate and biggest gain in average room rates since 2011. The average occupancy rate for local hotels rose to 62 percent in 2014, up from 59.1 percent in 2013 and just short…
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Bambi Venetucci, longtime Colorado Springs resident and ‘an absolute inspiration,’ has died
Bambini “Bambi” Mary Venetucci, who donated her and her husband’s farm to the Pikes Peak Community Foundation after his 2004 death, died Thursday in a Wheat Ridge hospice. She was 85 and had lived most of her life in the Colorado Springs area. She was born Bambini Macrantonio on June 16, 1929, in Frederick, then…