2017 State of Downtown Colorado Springs
Downtown Colorado Springs is the epicenter for business in the Pikes Peak Region. In recent years, Downtown Colorado Springs has experienced a notable surge in new development and revitalization. Many significant initiatives are under construction, including an iconic U.S. Olympic Museum and Hall of Fame, new residential and hotel properties, and several projects on the Colorado College campus.
The Downtown Development Authority has created a Downtown Living Initiative to accelerate new residential growth. Qualified projects receive 100% of property tax increment. See details in the State of Downtown report, page 13.
Home to a workforce of nearly 20,000, industries include energy companies, start-ups, high-tech defense and cyber security firms, health, wellness and sport industries, local and national nonprofits, financial institutions and local government.
Businesses and their employees are drawn by convenient access to Interstate 25 and Highway 24 and a diversity of real estate options. With trails and bike facilities, an award-winning culinary, and microbrew scene, and surrounding cultural and active lifestyle amenities you can go from Downtown to downtime in no time.
Published in March, the 2017 State of Downtown report identifies trends, data and statistics about development, investment and more.