Colorado Springs-area retail centers continue to expand
“”Remember, we’ve gone though a down economy,” said Mark Useman, a retail specialist with Colorado Springs Commercial, a local brokerage. “Now, we seem to be starting to come out of it, and retailers are taking more interest in locating in projects that have been planned for many, many years.”
Will more stores and restaurants be too much for the area to absorb? Useman doesn’t think so.
While it will take time to fill all of the storefronts, several newer shopping centers were built in high-growth areas where demand is expected to eventually fuel the addition of retailers.
“They’re well-planned projects,” Useman said. “They’re in good areas where they’ve been developed, where you have some good, dense growth of both housing and business populations, and you’ve got major anchors to build around.”
Here’s a look at the status of a handful of major retail centers in the Pikes Peak region:”
Laden, Rich. The Gazette 26 August 2014.