Colorado Springs, CO

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Colorado Springs, CO

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City Description

Colorado Springs is the most populous city of El Paso County, Colorado, United States. It is located just east of the geographic center of the state and 61 miles (98 km) south of the Denver. At 6,035 feet (1839 meters), the city sits over one mile above sea level, though some areas of the city are significantly higher. Colorado Springs is situated near the base of one of the most famous American mountains, Pikes Peak, at the eastern edge of the southern Rocky Mountains. With an estimated population of 431,834 (2012), it is the second most populous city in the state of Colorado and the 48th most populous city in the United States, while the Colorado Springs Metropolitan Statistical Area had an estimated population of 668,353 (2012). The city covers 186.1 square miles.

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Key Reasons for Investment

Colorado Springs boasts a balanced, diverse economic base. Software development and semiconductor design enterprises are flourishing. Medical devices, semiconductors, aerospace parts, electronics, special plastics, and countless other high-quality products are manufactured here and sold across the country and the world. Many amateur sports governing bodies and organizations are based here, the best known being the Olympic Training Center and the United States Olympic Committee Headquarters. Many national nonprofit organizations, ranging from Junior Achievement to the Space Foundation, have also located their headquarters in the Pikes Peak region.

Current and Future Development

CBRE recently named Colorado Springs one of the low cost markets for enterprise data centers --- Colorado Springs will be the home of a National Cybersecurity Intelligence Center --- Colorado Springs is Olympic City USA, as the home of the US Olympic Committee, US Olympic Training Center, a new planned Olympic Museum with an anticipated opening in 2018, and 24 National Governing Bodies of Sport --- The utility provider, Colorado Springs Utilities, is a 4 service, municipal utility providing power to the Pikes Peak Region with outstanding power quality and reliability, 99.994%, and competitive national and regional utility rates --- Colorado Springs was ranked #5 in U.S. News & World Report’s 2016 Best Places to Live --- Garden of the Gods was ranked #1 Park in the US and #2 Park in the World by TripAdvisor in 2014

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