Tag: apartments
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Colorado Springs City Council rejects plans for apartment buildings next to The Classical Academy
The Colorado Springs City Council rejected a plan to build two apartment buildings next to The Classical Academy after receiving hundreds of complaints from neighbors and parents who said the project would worsen traffic congestion around the charter school. The Mississippi-based Blackburn Communities wanted to build 236 units near Briargate and Voyager parkways directly west…
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Construction on 27-story apartment tower in downtown Colorado Springs expected to begin by year’s end
More than a year after Colorado Springs leadership greenlit plans to construct the city’s tallest building, a $225 million, 27-story apartment tower downtown, dirt has yet to move. Though the City Council in April 2025 denied an appeal that sought to block the OneVela project entirely, an action that helped clear the way for construction…
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Pace of apartment construction returning to historical norms in Colorado Springs area
Demand remains strong with record absorption, experts say The pace of apartment construction is returning to historical norms across the greater Colorado Springs area after dramatic swings in recent years, while demand remains strong and residents continue moving into units at a record pace. Between Jan. 1 and June 30, 388 apartment units have been…
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Construction to begin this summer on second phase of apartment, retail complex at Weidner Field
Weidner Apartment Homes is preparing to break ground this summer on the second phase of its Experience at Epicenter apartment and retail complex adjacent to Weidner Field in downtown Colorado Springs. The seven-story, 410-unit mixed-use building will be built on roughly 4.5 acres at 650 S. Sierra Madre St., at the northwest corner of the…
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Crossroads at Divide to provide affordable apartments
AmericaWest Housing Solutions and Riverstone Platform Partners are building Crossroads at Divide. The development is of the 14 affordable residential developments to receive federal and state housing tax credits from the Colorado Housing and Finance Authority in the agency’s first round of awards this year. The property at Clark Ranch and Lone Ranger roads in…
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‘Housing mismatch’ improving in Colorado Springs, but residents losing purchasing power: Report
Residents in Colorado Springs and El Paso County are losing purchasing power as average rental housing and home prices over the last decade have increased more than two to three times that of average incomes. At the same time, a “housing mismatch” between the types of homes being built in the area and the homes…
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Apartment construction picks up in November following slowdown in Colorado Springs
The pace of apartment building in the Colorado Springs area went into overdrive in November, rebounding, at least temporarily, from a slowdown in 2024 that has continued through most of 2025. Industry experts, however, anticipate it will be some years before the Pikes Peak region could see another apartment boom like the surge it saw…
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Apartment construction slows after years of frenzied building in Colorado Springs
The red-hot pace of Colorado Springs-area apartment construction turned ice cold last year. From 2019 to 2023, multifamily developers pulled permits to build just over 14,000 apartments in the Springs and surrounding El Paso County — one of the hottest stretches of local apartment construction in recent memory that averaged a little more than 2,800…
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Fire department responds to structure fire in northeast Colorado Springs
The Colorado Springs Fire Department is on the scene of a working structure fire near the Incline Apartments and Studios complex near Interstate 25 and the Fillmore exit, Tuesday evening. The department reported that Engine 9 responded the scene and found flames coming from a detached parking structure at the complex. By 6:30 the department posted…
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Updated downtown Colorado Springs master plan in the works
Nearly eight years ago, the City Council adopted the Experience Downtown Colorado Springs Plan of Development and Master Plan — a blueprint to guide development, establish goals and implement public policy initiatives for the area that civic leaders, elected officials and business people often call the heartbeat of the city. That plan, downtown advocates say,…