Colorado Springs

The United States Census Bureau estimates that in 2005 the population of the City of Colorado Springs was 369,815 (48th most populous U.S. city),[4] the population of the Colorado Springs Metropolitan Statistical Area was 587,500 (84th most populous MSA),[6] and the population of the Front Range Urban Corridor was 4,013,055.[6]

Today, Colorado Springs has many features of a modern urban area, such as parks, bike trails, urban open-area spaces, business and commerce, theatres and other entertainment. It was first established as a posh resort community, though the older mining supply center of Colorado City (now Old Colorado City) was merged later, and the tourist industry has remained strong and offers many activities and attractions. In July 2006, Money magazine ranked Colorado Springs the best place to live in the big city category, which includes cities with 300,000 or more people. [2]

Colorado Springs is not exempt from the problems that typically plague cities that experience tremendous growth: overcrowded roads and highways, crime, sprawl, and government budget issues. Many of the problems are indirectly or directly caused by the city's difficulty in coping with the large population growth experienced in the last 20 years and the annexing of the Banning Lewis Ranch area for 175,000 future residents. In 2004, the voters of Colorado Springs and El Paso County established the Pikes Peak Rural Transportation Authority [3] and adopted a 1% sales tax dedicated to improving the region's transportation infrastructure. Together with state funding for the Colorado Springs Metro Interstate Expansion (COSMIX)(2007 completion) and the I-25 interchange with Highway 16 (2008 completion), significant progress has been made since 2003 in addressing the transportation needs of the area.

A large number of religious organizations such as Focus on the Family and churches make their headquarters here, particularly Evangelical Christians. For decades, several high-tech businesses have resided in the city, including a number of computer chip manufacturers from Intel, to the chip foundry INMOS in the 1980s, to Hewlett-Packard since the 1960s. The Mountain West Conference has its administrative headquarters in Colorado Springs.

Colorado Springs is also home to a large number of military installations (see below) and important national defense agencies. It is also home to the United States Air Force Academy.

Colorado Springs was founded in August 1871 by General William Palmer, with the intention of creating a high quality resort community, and was soon nicknamed "Little London" because of the many English tourists who came. Nearby Pikes Peak and the Garden of the Gods made the city's location a natural choice.

Within two years his flagship resort the Antlers Hotel opened, welcoming U.S. and international travelers as well as health-savvy individuals seeking the high altitude and dry climate, and Palmer's visions of a thriving, quality resort town were coming true. Soon after, he founded the Denver & Rio Grande Railroad, a critical regional railroad. He maintained his presence in the city's early days by making many grants or sales of land to many important civic institutions in the community. Palmer and his wife saw Colorado Springs develop into one of the most popular travel destinations in the late 1800s United States.

The town of Palmer Lake and a geographic feature called the Palmer Divide (and other more minor features) are named after him, and a bronze sculpture of Palmer on a horse without its front legs raised (denoting a natural death and not one caused during battle or afterwards from being fatally wounded in battle), is prominently displayed downtown in front of Palmer High School, the center of a busy intersection.

Colorado Springs' present downtown location, where General Palmer first founded the city, was partly due to Palmer's dislike of nearby rough-and-ready Colorado City (now called Old Colorado City, and not to be confused with present-day Colorado City) and its many saloons. Palmer ensured his new planned city stayed alcohol free by buying a huge tract of land to the east of Colorado City, and in fact, Colorado Springs stayed dry until the end of Prohibition in 1933.

In its earliest days of 1859–1860, Colorado City was a major hub for sending mining supplies to South Park, where a major strike in the Pike's Peak Gold Rush was found. Eventually Colorado City was processing much of the gold ore at the Golden Cycle Mill using Palmer's railroads. The affluent, who made money from the gold rush and industry, did not stay in Colorado City but built their large houses in the undeveloped downtown area of Colorado Springs (i.e Wood Ave.). Early pictures show several large stone buildings like Colorado College[4], St. Mary's, the library, and the county courthouse[5] sitting in large empty plains. This is unique during this period, to pre-build a city's civic infrastructure in stone with wide streets [6] before there was a population to justify the expense.

Colorado City remained the county seat of El Paso County until 1873, when the courthouse moved to Colorado Springs.

Colorado Springs is served by an extensive bus system called Metro (short for Mountain Metropolitan Transit). Metro also operates the Front Range Express (FREX) service, which connects Colorado Springs to Denver and several other metropolitan areas. Although the Metro system serves much of the city and its nearest suburbs, it lacks service to many important areas and has only limited hours of operation. Taxicabs are available by phone or can usually be chartered at the airport or downtown.

Colorado Springs has the worst traffic congestion for a city its size.[citation needed] In order to combat the congestion the Colorado Department of Transportation is in the process of widening the Interstate 25 corridor throughout the city from four lanes (two in each direction) to six lanes. This project has officially been named COSMIX (Colorado Springs Metro Interstate Expansion) Ultimately, the plan is to make the interstate eight lanes through the city when funding becomes available.[7] This plan is similar in nature to Denver's T-Rex expansion plan.

Several suggestions have been made to create a loop around the city though none have been implemented. The original plan to convert Powers Boulevard, a major eastside expressway, into a bypass for I-25 was abandoned, but is now being reconsidered by the city council amidst stringent opposition from a large developer responsible for the construction of a large commercial complex along the road.[8] Easier access to the airport has also been suggested. Overall the new thoroughfares would include one (or two) loop freeways, a spur into the city connecting the main freeway and the loop, east-west expressway upgrades, and easier access to the Colorado Springs Airport.

Two additional grade separated interchanges are currently under construction in order to alleviate congestion at some of the city's worst intersections. Both the intersection at Powers and Woodmen and the intersection at Austin Bluffs and Union are being converted into grade separated interchanges. The former, when completed, will be a partial cloverleaf, and the latter will be an urban diamond. A third interchange is being considered at the intersection of Woodmen Road and Academy Boulevard (SH83).

In addition there are plans to develop a "Front Range Toll Road", a privately-owned turnpike, which would begin south of Pueblo and end around Fort Collins. This toll road would allow rail and truck traffic to avoid the more highly travelled parts of I-25 along the Front Range. Initially, the project had support but has since been highly contested because of the need to condemn the land of many private citizens, through the use of eminent domain, to make room for the corridor[9]

Colorado Springs is served by the Colorado Springs Municipal Airport. In the state of Colorado, only Denver International has more passenger traffic. The airport has experienced a higher recovery rate in the post-9/11 era than the rest of the country[10] and is in the process of expanding its maintenance facilities, taxiways, and runways to accommodate future growth. In 2005 it served approximately two million passengers.[11]

Lying at the foothills of the mighty Rocky Mountains, the state of Colorado with an average elevation of 6,800 feet is the state with the highest elevation in the United States. Its capital and largest city, Denver, is nicknamed "The Mile-High City" because its official elevation, measured on the fifteenth step of the state capitol building's west side, is one statute mile (5,280 feet or 1,609 meters) above sea level. Colorado Springs is the second largest city in Colorado, while Boulder and Fort Collins are two other hot spots.

The entire state offers landscapes of striking beauty with mountains and plateaus and is rich in gold, silver, and other minerals. Once primarily a mining and agricultural state, Colorado's economy is even now driven by mining and energy industries, telecommunications, defense and other service industries. It is also a large employer of federal workers with many federal government offices located in Denver.

From a real estate point of view all four cities have been witnessing a developmental boom for several years now. While Denver has witnessed an explosion of development downtown in recent years with the Downtown Denver Partnership estimating that 13,760 residential units have been built in the city’s center since 1990, there is still a strong demand for high-priced properties in the area with a spate of new projects coming up. Museum Residences and Art House Projects are two such developments designed and built by top-notch architects. While Museum Residences is coming up next to the Denver Museum of Art, the Art House Project is coming up next to the Museum of Contemporary Art. Both projects have been designed to make “Home is Where the Art is”.

Colorado Springs on the other hand is going through a phase of urban renewal. The city has set up a Colorado Springs Urban Renewal Authority which has designated four areas as urban renewal sites since 2001: downtown’s southwest side; the City Auditorium block in the heart of downtown; the North Nevada Avenue corridor in the center of the city; and the Gold Hill Mesa property on the Springs’ west side. As a result there is now a development boom going on in the area and many new residential properties are coming up in a planned manner with good architecture and amenities.

In Boulder a change in demographics has triggered a similar real estate boom. Boulder County’s median family income has doubled over the past 13 years from $47,800 in 1992 to over $90,000 now. Similarly real estate values have also more than doubled during the same period – medians from around $122,000 in 1990 to over $300,000 now. The median rent has also shot up from $480 in 1990 to over $900 now. Boulder, therefore, is today a very hot real estate market.

In Fort Collins the emphasis is on second-home and resort ventures. Demographically, Fort Collins is presently witnessing an increase in health worker and medical worker populations with many new health offices, medical centers and hospitals are coming up in the area. These workers, however, do not have very high median incomes, so homes in the lower end of the market will find more takers than up-market, high value properties. So, from an investment point of view, Fort Collins is ideal for investment in second homes, resort ventures and homes for the middle class.

Colorado as a whole is on the upswing. In 2004, the state had the 10th highest job growth in the country, with a healthy chunk of that coming in the professional and business services sector. The bottom line is that Colorado has many job opportunities and is a pleasant place to live, which has led to an increasing number of people calling it home.

Colorado Springs property is some of the best property in the state of Colorado. You should be able to find that perfect mountain property or other great property rather you are buying or renting a home in Colorado Springs. If you are considering a move to another state, you will want to take more than one look at this fantastic area.

When you come to visit the homes and get to know the city, you will realize that Colorado Springs has so much to offer you and that the land is just breath taking. No one ever really gets accustomed to the view it is great. Everyone would be envious of your Colorado estate even if you were on a tight budget just because of what you can see when you look out your windows. Don’t worry about your budget, because there is something for everyone in Colorado Springs. From the small one bedroom homes, to the multiple story condos, townhouses and even five bedroom homes, you can find it all in Colorado Springs.

When it comes to the value of Colorado Springs homes, you will be able to find anything in any price range and with high value. The properties range from $30,000-$4,000,000. Therefore, as for class, Colorado Springs is for anyone, and you can find the house that will fit your budget, your family and your dreams. You should be able to fit right into Colorado Springs no matter what class you are from and you will benefit greatly from the Colorado Spring area.

Colorado Spring realty businesses make sure that they price their homes fairly for both the seller and the buyer so that both parties can be happy with the final sell. That’s why it is so great to buy a home for investment purposes. Investments in the Colorado Springs real estate is a good move because you know that you will be able to buy for the lowest prices and then you can always ask for something higher when you sell it. In fact, most of the time people will purchase a house in Colorado Springs and live there for maybe a couple years or not live there at all but do some upkeep on their investment and sell it for way more than what they bought because the market value increases daily. Colorado Springs land is worth more than almost any other area in the United States.

The tourist attraction and the number of visitors that go to Colorado Springs each year makes sure that the value goes up. For those who know their stuff about real estate, the more the area is visited by tourists and the more attractions that are offered, the better the investment. It’s literally a real estate “hot spring”. The land that for sale in the Colorado Springs area is good to build anything on and can be used for building a home or ranch. A family type of life is what you will experience in this area, where people come to really experience life.

If you are thinking about Colorado Springs relocation, you are on the right track to a good investment. The atmosphere is very friendly and everyone is considered the best type of neighbor. If you are planning on relocating to Colorado Springs you will want to know a little bit of the city’s history. Well it was first found in 1871 and has become the second-largest city in Colorado. Although the city has changed a lot from being a small, Victorian spa to a huge, sophisticated city, Colorado Springs has still managed to keep its small town feel. While every town has a bit of history, you can also find there are many types of developments and houses being built all the time. The economy is strong, and jobs are to be found in this area.

It is also one of the most famous places to vacation. In fact, over six million people visit the area per year. It’s amazing that the town can stay so caring knowing that most people are only coming and going. One of the most famous tourist sites in the world is located only six miles from Colorado Springs. When you move to Colorado Springs, you became part of the town and also a part of the history as many people come to live, fulfill their career, ski, and farm. Practically everyone in the area has gone to Pikes Peak which is a site that you will have to visit when you are visiting or if you are going to live here. Pikes Peak is the gateway to all outdoor adventures found in Colorado. In fact, it is the most commonly visited mountain in the world. Tourists bring money and jobs to this region so if you want to start a business, you can do that in Colorado Springs as well.

Homes that are located in Colorado Springs can be some of the nicest homes in the state, but you should make sure that you get a good realtor in Colorado Springs. This is important because getting the financial details straight can be mind-blowing. A good local Colorado Springs Real estate will show you the best homes in Colorado Springs.

Many times the realtors will show you the Colorado Springs MLS, which contains multiple listings from multiple banks or sellers so that you are able to find your ‘dream hom’-e’ in Colorado Springs. This is an area you will want to live, explore, and raise your family for years to come. Real Estate agents in Colorado Springs are well acquainted with the area and should be able to tell you some tricks to find the best type of foods or where you can save the most money shopping, or where you can find the best nightclubs. They will inform you about the area and of what to expect with your relocation, how much services cost locally and you can find out information if you have any special needs or requirements. You will also be happy to know that your real estate agent will take of you and your every need. They will make sure that you make your transition as smooth as possible and without too many concerns or stressful times. They will try to get you the best deals for property and for any property that you are selling. The Springs is a great place to live because it is family friendly and even works for those who love the single life. Rather you have a family or are as single as they come, you will love the environment and atmosphere of Colorado Springs. Look for a home that you can grow into, one that has three or four bedrooms, so you can build a family, throw parties and have a great time living in Colorado.

Colorado Springs mountain property is some of the best property that you will find. If you live in an area where there are not mountains now, you will be excited about what you will find, see, and what you can do in this region. It is great for those who want to build a ranch or simply just be located out of the city and away from others. Mountain property can also be a great investment because everyone wants to be left alone and escape their work world when they come home. By owning mountain property, you should be able to easily cash in the investment and turn your mountain property into cold hard cash. Most mountain properties do not stay on the market for too long, that’s why you should try to snatch it up before anyone else is given the chance. Even if you are selling property by owner, you will be able to sell the house quickly and be able to invest in more Colorado real estate quickly. Real estate values are going to rise, as properties become more scarce, if you want to move, you can do it all with the help of a real estate agent who will provide you the best information about areas you can live.