WHY DOWNTOWN?

WhyDowntown

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.

In 2013, more than $350 million in downtown development was announced or under construction, proving that business and civic leaders are staking their future on downtown. This investment represents business, cultural attractions, and infrastructure improvements.

Businesses and their employees are lured by the convenient access to downtown, the diversity of real estate options, and the surrounding amenities.

Accessibility

  • Downtown is situated at the confluence of Interstate 25 and Highway 24 and is easily accessible from all parts of El Paso and Teller counties.
  • Biking and hiking trails, as well as the city’s primary transit hub, easily connect local residents to downtown. 
  • Downtown provides numerous parking garages and private lots, including electric car chargins stations and bike lockers.

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.
  • Over 15,000 square feet of new space is currently under construction.
  • Many opportunities exist to build new office buildings for headquarter location or large regional employers.
  • Business owners and developers embrace adaptive reuse. In downtown, historic churches serve as tap rooms, and auto shops serve as creative space.  

Evolution

  • From co-working spaces to food trucks and tap rooms, downtown reflects the trends of an evolving city and young entrepreneurs.
  • Craft Brewing, locally sourced food, pop-up shops, and cultural walking tours signal a renewed vitality.
  • Major projects, including the City for Champions Olympic Museum and the Colorado Sports and Events Center, demonstrate the commitment of civic and private-sector leaders to downtown's future.