Colorado Crossing Coming to Colorado Springs!

By
Real Estate Agent with RE/MAX Properties, Inc., GRI, CDPE

~Coming to Colorado Springs:  Colorado Crossing~

 
  
Colorado Springs' first "town center" lifestyle community is being designed!  Colorado Crossing will be located across from Pikes Peak Community College and New Life Church near Hwy 83 on the North end of Colorado Springs. 
It is a 10-year project with the first phase predicted to be completed in November 2008.  A Cinemark 14- theatre (the only HD Theatre in town), the largest parking garage in Colorado Springs, a five-story office building, and 366 residential lofts will open once the first phase is complete in late 2008. 

Colorado Crossing will be similar to Southlands in Aurora (near E-470 and Gun Club) and Lowry (near 6th Ave.) in Denver.  Colorado Crossing will be so different from any other area in Colorado Springs and I am so excited for it, I can hardly wait!  This area will have fountains, fireplaces, and many hi-tech features. 

There will be more of a national presence when it comes to the restaurants and shops located in the town center.  We will be seeing many of the stores and restaurants from the Denver area as well.  Another plus about Colorado Crossing: It is planned to be a green community.

As you can imagine, this will be a very busy area in the future so the developers plan to add two more traffic lights and build sky bridges to New Life Church and a future grocery store.

As far as leasing space in Colorado Crossing, prices will start at $18/sq Triple Net (NNN) for the Class A+ Commercial Office Space with the NNN's being $7.50/sq ft for year one and the retail/restaurant space will start at $25-$32/sq ft Triple Net with the NNN's being $6.00/sq ft for year one. 

Once the estimated 10-year project is finished, the area will include:

  • Residential lofts and condominiums (up to 1,600 units when the second phase is completed)
  • Commercial and retail businesses
  • Wellness spa and community fitness center with an indoor water park
  • Medical offices
  • Parks and open space (approx. 13 acres)
  • Restaurants and cafés
  • Library
  • Community school (District-20)
  • Hotel

For more information about Colorado Crossing coming to Colorado Springs:

A Sunshine Development L.L.C. Project
9475 Briar Village Point, Suite 300
Colorado Springs, Co  80920
719.575.9134
http://www.colorado-crossing.com/

 

 

 

 

                                                                                

 

 

 

 




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Location:
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Anonymous #1
Anonymous
John H.

Wow!  This looks like an amazing project!  I can't wait for something like this.  As a resident of Colorado Springs for over 40 years...its about time someone in the Springs focused on urban design.

October 15, 2008 06:12 PM
Rainmaker
217,065
Patricia Beck
Colorado Springs Realty
RE/MAX Properties, Inc., GRI, CDPE

The movie theatre is supposed to be opening this fall.  Very exciting, I think it will be a great addition to Colorado Springs!

October 15, 2008 11:49 PM
Anonymous #3
Anonymous
Chris

Patricia,

Any idea when the residential phaseof this project will begin?  Will the be doing presales?  Any idea of the price range?  I read an article from 2006 that said they willbe offer Lofts, Condo's and Penthouse Suites ranging from $300K to $1M.  With the current economic conditions I was wonder if they were lowering these prices.

Like you, I am very excited to see a community like this come to the Springs.  I have looked at allthe pictures and videos of the concept and it lookslike a fun and convenient place to live.

Any info you can provide wouldbe appreciated.

Thanks,

Chris

May 09, 2009 02:24 PM
Rainmaker
217,065
Patricia Beck
Colorado Springs Realty
RE/MAX Properties, Inc., GRI, CDPE

Hi Chris,

I will look into this more and post another comment.  Right now, it appears they have halted the contsruction for Colorado Crossing. 

May 11, 2009 10:31 PM
Rainmaker
217,065
Patricia Beck
Colorado Springs Realty
RE/MAX Properties, Inc., GRI, CDPE

Chris, I contacted someone at Sunshine Development and he said they have delayed construction due to market conditions.  They plan on starting construction for the residential phase this fall and will be doing pre-sales.  The price range is still to be determined and I am guessing will be adjusted for the real estate market at the time they are built.  Thanks!

May 18, 2009 12:39 PM
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Rainmaker
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Patricia Beck

Colorado Springs Realty
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