Downtown
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Apartment construction slows after years of frenzied building in Colorado Springs
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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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More companies leased Denver offices than vacated for first time in 2 years
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The metro Denver region saw office vacancies hit nearly 24% in the second quarter, according to a report from commercial real estate firm CBRE released Tuesday. It’s up from 23.5% in the first quarter of 2024. Despite the rising number of empty offices in the region since the pandemic hit, Denver’s commercial real estate market…
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Downtown Colorado Springs tower’s height reduced from 36 floors amid developer concerns
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A controversial proposed 36-story, 400-foot-tall apartment tower proposed for downtown Colorado Springs has shrunk in size to 27 stories and 300 feet, its developer says. The reduced height, however, isn’t a concession to community members who’ve complained the project would disrupt mountain views or be out of place with downtown’s skyline, where the Wells Fargo…
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Comparing building height limits in 3 Front Range cities: Boulder, Denver, and Fort Collins
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What height limits, if any, do other communities have for their downtowns? Here’s a look at three Front Range cities: • Boulder: Buildings can be no taller than 55 feet in downtown, as well as citywide, according to the Boulder City Charter. Among several reasons listed in the Boulder City Charter, the height limits would “preserve…
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The height of controversy: Proposed 36-story high-rise in downtown Colorado Springs spurs views vs. vibrancy debate
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ABOVE: The 36-story VeLa Peakview apartment tower, proposed for the southwest corner of a block bounded by Cascade and Vermijo avenues and Sahwatch and Costilla streets in downtown Colorado Springs, would be 350 to 400 feet tall, according to the project’s developers. At its maximum height of 400 feet, VeLa Peakview would be 62% taller…