Colorado Springs, Colorado: A Premier Destination for Commercial Real Estate

Introduction

Colorado Springs, Colorado, is a vibrant city with significant commercial real estate (CRE) appeal. The city boasts a population of over 470,000 and is known for its diverse economy driven by key industries such as aerospace, defense, and technology. With its strategic location and robust infrastructure, Colorado Springs is uniquely positioned to attract CRE investments across various asset classes.

Economic and Industry Overview

Colorado Springs is a hub for several major industries that drive demand for commercial real estate:

• Aerospace and Defense: Home to military installations like Peterson Air Force Base and the U.S. Air Force Academy, the city supports a thriving defense sector.
• Technology: Innovation and research centers contribute to the tech industry's demand for office and flex spaces.
• Tourism: The city's scenic beauty and attractions bolster the hospitality and retail sectors.

The Colorado Springs Chamber & EDC actively promotes economic development through initiatives that attract and retain businesses.

Strategic Location and Transportation Infrastructure

Colorado Springs benefits from a strategic location and well-developed transportation infrastructure:

• Highways: Interstate 25 runs through the city, providing north-south connectivity.
• Airports: Colorado Springs Airport offers commercial and cargo services.
• Rail: The region is served by major rail lines facilitating freight movement.

These logistical advantages make Colorado Springs an attractive site for distribution and access to labor pools. For more information, visit the Colorado Department of Transportation.

Commercial Real Estate Inventory & Zoning

The city's CRE landscape is diverse, with several key submarkets:

• Central Business District (CBD): A focal point for office and retail spaces.
• Industrial Corridors: Areas like the Powers Corridor support industrial and logistics operations.
• Innovation Districts: Zones that encourage tech and research developments.

Colorado Springs offers incentives for developers, including opportunity zones. Explore the city zoning maps for detailed information.

Major Employers and Institutions

The presence of top employers and institutions significantly impacts CRE demand:

• Military Installations: Peterson AFB and Fort Carson are key employers.
• Tech Companies: Firms like Hewlett-Packard have a notable presence.
• Higher Education: Institutions like the University of Colorado Colorado Springs drive demand for research facilities.

Visit the Colorado Springs Chamber & EDC business directory for a comprehensive list.

Notable Commercial Developments & Projects

Several large-scale projects highlight Colorado Springs' growth:

• Mixed-Use Developments: Projects like Polaris Pointe offer retail, office, and residential spaces.
• Public-Private Partnerships: Initiatives such as the City for Champions boost community development.

For more details, visit the city's planning department.

Building Permits, Planning, and Development Tools

For those interested in development, Colorado Springs provides a range of resources:

• Building and Safety Department
• Permitting Portal
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Colorado Springs offers a wealth of public data to inform CRE decisions:

• U.S. Census Bureau
• City's Open Data Portal
• Economic impact reports available through local agencies.

Brevitas aggregates these datasets with internal insights for a comprehensive market view. Explore Brevitas-powered dashboards for more information.

Why Use Brevitas for Colorado Springs, Colorado CRE?

Brevitas provides a suite of tools for CRE professionals in Colorado Springs:

• AI-Driven Discovery: Easily find properties with AI-powered search.
• Real-Time Alerts: Stay updated on market trends and new listings.
• Smart Property Pages: Auto-generated pages enhance property exposure.
• Dealroom Collaboration: Seamlessly collaborate with brokers and developers.

Unique features include email and landing page tools, integration with industry professionals, and exclusive listings for premium exposure. Visit Brevitas to explore these offerings for Colorado Springs.