Downtown Colorado Springs

Posted by Downtown Partnership of Colorado Springs, CO

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District Description

Downtown Colorado Springs is the epicenter for business in the Pikes Peak region. Rich in amenities, Downtown offers historic architecture, banks, hotels, locally owned restaurants and shops, cultural institutions, close-in parking and beautiful parks connected by a vast trail system. Energy companies, start-ups, high-tech, defense firms, sports industries, local and national nonprofits, financial institutions and local government all are located in the vibrant center of our city and make up our 20,000 person employment base.


Evolution: Since 2013, more than $600 million in development has been entitled, under construction or completed Downtown, demonstrating that business and civic leaders are staking their future on Downtown. These investments represent new business, housing, cultural attractions, and infrastructure improvements. Major projects, including the United States Olympic Museum, new hotel's, hundreds of new residential units, bars and breweries, restaurants, stores, and reinvestment in transportation infrastructure, demonstrate the commitment of civic and private-sector leaders to Downtown's future. Explore current downtown projects at www.downtowncs.com/storymap .


Availability: Downtown offers over 1.7 million square feet of Class A office space, and nearly 2.5 million square feet of retail in over 375 buildings. Many opportunities exist to build new office buildings for headquarter location or large regional employers. Current opportunities can be found at www.downtowncs.com/do-business/available-properties/ .

Fee Schedule

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Planning & Policy Documents / Request for Proposals (RFP)

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Technical/Environmental Studies

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Financial/Economic Reports

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General/Comprehensive Plan Designation

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Master Plan/Specific Plan

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Zoning Designation

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Height Limits

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Floor to Area Ratio (FAR)

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Dwelling Units per Acre

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Parking Requirement

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Other Requirement

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Zoned for Preferred Outcomes

FBZ

Fast Track Approval

Rapid Response may be available

Other Incentives

DDA Tax Increment Financing and grant programs Designated Economic Opportunity Zone Urban Renewal opportunities available.

Tax Credit

Enterprise Zone

Costs

Request

Other

$1,000,000 grant received in 2015 towards the Legacy Loop completion (trail system)

Transportation

1-25 Cimmaron Interchange to be compelte 2017. Transit terminal relocation study underway. New streetscapes. Bike Share being studies for implementation in 1-2 years. New cycling infrastructure.

Private Investment

Blue Dot Place apartments ANB Bank Northstar Bank USOC Headquarters Over 400 residential units planned for completion by 2018

Local Development Trends & Market Indicators

Over $400 million in public and private development has been announced or completed since 2013. Explore projects here: www.downtowncs.com/storymap

Contact Sarah Humbargar

Sarah, from Downtown Partnership of Colorado Springs, has more details.

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Sites in Downtown Colorado Springs

Created on September 14th, 2015 (last updated about 1 year ago)