On December 3rd, Griffis/Blessing, Inc completed the purchase of Ridgepointe at Gleneagle Apartments on Shepard Heights in Colorado Springs, Colorado. The 240-unit apartment community was built in 2001. The community amenities include a clubhouse, swimming pool, spa, fitness center, playground, business center and theater.
Griffis/Blessing plans to upgrade unit interiors that have remained untouched since the property was built. The overall community will also see enhancements to the pool area, clubhouse and fitness facilities. These improvements will update the entire community to meet the expectations of today’s renter.
“Ridgepointe allows us the opportunity to execute our proven value-add strategy to successfully create strong investor cash flow and appreciation through a key capital improvement plan and our strong asset management style,” says Gary Winegar, Chief Investment Officer for Griffis/Blessing. “The property will produce immediate cash flow for our investors with an additional revenue lift from increasing market rents in a growing Colorado Springs apartment market.”
William J Hybl, Jr., the President and COO of Griffis/Blessing’s Property Services Group states, “The addition of Ridgepointe at Gleneagle Apartments to our portfolio is especially exciting due to its strategic location in the fastest growing area of Colorado Springs. Being adjacent to the newest and largest retail destination development, Copper Ridge at Northgate, which is anchored by Bass Pro Shops, will increase rental demand in this location.” The property will be managed by District Manager Stacey Kontry, with day-to-day operations to be handled by on-site property manager Lori Herrera.
The property was purchased for $30.3 million. Financing was arranged through Freddie Mac.
The Mac Corner is now open at its new location, 2950 Janitell Rd, Ste 113 in Colorado Springs.
It's the new building south of Harrison High School and east of Venetucci Blvd.
The Mac Corner offers sales and service of all things Apple, including Macs, iPads, iPhones and accessories. (Company Profile Here)
Their open Monday through Friday from 10am to 6pm and Saturday from 10am to 4pm. You can reach them at 719-884-2801 or visit them on the web at www.TheMacCorner.com.
Press Release (VisitCOS.com)
After a long search for an expanded home in downtown CS, Coquette’s Bistro & Bakery owners, Michelle Marx and Turu Marx Eurich (mother/daughter), are thrilled to have finally found ‘the one’ and have signed a lease for 321 N. Tejon.
Michelle states, “We couldn’t be happier with the space and with what we'll bring to it, but we’re equally as happy with the relationship we’ve developed with the many people we respect towards revitalizing downtown. We expect to have a lot of fun merging our energy with the action and creating co-ventures and promotional opportunities."
Turu adds, “The experience of being downtown with the pop-up retail space has just shown us how much our products are wanted with an easier access and how, not only are our loyal customers excited for us, but that whole new groups of people are finding us. It’s been incredible. We can’t wait to now have the space for a proper patio, receptions and bar."
"We’re thrilled that Coquette's has chosen to stake its future on downtown Colorado Springs," said Susan Edmondson, President & CEO of Downtown Partnership. "Coquette's is a beloved regional brand that draws customers from throughout the Front Range. Their award-winning gluten-free offerings add to downtown's growing mix of eclectic, locally sourced, healthful dining options."
Dave White, president of the COS Regional Business Alliance adds, “Getting such a high quality restaurant like Coquette's on North Tejon is an excellent step forward for the development of our downtown. We wish Michelle and Turu well as they enjoy their new home."
Coquette’s remains dedicated to being allergen conscious, 100% Gluten Free and Boldly Luscious™, breaking the mold of what’s expected. Danny Eurich, head chef, and team just take it farther away from ordinary GF all the time. They'll create more vegetarian/vegan offerings as they've found downtown is more engaged with it. Their unique GF comfort foods have built a strong following.
Michelle adds, “Manitou has been an amazing experience. We adore the locals and the tourist experience has carried what we do farther out into the country. We just kept outgrowing the location and we need to fully focus on this new adventure. It will take a lot of dedication and we don’t want to spread ourselves too thin. Coquette’s will still keep a smaller presence in Manitou, to be further announced and it will remain as it is through the move.”
In the past, The Colorado Music Building and Lofts has housed Flavors, the Curry Leaf and a wine & grocery store. The almost 4,000 sq. ft space has never been utilized in the way Coquette’s will make use of it. They’ll create more “areas” and build a bar with full liquor license, featuring innovative cocktails. It will house a retail shop that will carry not only a larger variety of baked goods and pastries but also “take home” items like their exceptional potpies, lasagna and more. There will be a semi-private party/ conference room as well to fill a need they see and left even more vacant by the Olive Branch closing. They hope to be open by Valentine’s Day.
The current pop-up is located at 104 N. Tejon until the end of the year.
Verizon Wireless brings the future of retailing to life today with the grand opening of its latest Smart Store at the First and Main Town Center.
Along with its Smart Store concept, the company recently launched its new Verizon Destination Store, both offering a brand new and cutting edge retail experience focused on helping customers discover all that wireless technology can do for their mobile lifestyles.
At the end of third quarter 2013, smartphones accounted for over 67 percent of the Verizon Wireless retail postpaid customer phone base, showcasing the growing trend of a truly mobile lifestyle. Verizon’s new Smart Stores support the growing trend with various Lifestyle Zones designed to illustrate the overall experience with wireless gadgets and devices for fitness, the home, music, business, gaming and more.
Additionally, the newly redesigned Smart Store features workshop areas with large touch-screen digital display screens to serve as a dedicated teaching space to help consumers get the most out of a device.
New location information: Verizon Wireless – First and Main Town Center
3376 Cinema Point, Colorado Springs, CO 80922, 719-591-8521.
Press Release (DailyPlanetPR)
The Cave of the Winds is once again rolling out the welcome mat for Colorado residents, offering unlimited access all summer long for just $35 per person. Available at a discount if purchased early, the Colorado Resident Pass is now available before the holiday season, earlier than previous years.
Pass holders can take the Discovery Tour, try out the Wind Walker Challenge Course and ride the Bat-a-Pult zipline for one low price all season long.
Anyone from out of state would have to pay $38 for just one day for the Discovery Tour experience and access to our Outdoor Attractions, which makes the pass an incredible value.
“The overwhelming success of the pass last year tells us that Coloradans want a great deal and are looking for a great destination to bring their families,” says Cave of the Winds General Manager Grant Carey. “We are so pleased to be able to offer the pass again and can’t wait to see our Colorado neighbors.”
New for 2014 – Colorado Resident Pass holders will receive a free video of themselves riding our Bat-A-Pult and be able to bring a guest on their birthday to join them on the Discovery tour.
Pass Perks will also be back. “Pass Perks are surprises we like to send to our Colorado Resident Pass holders during the year as a way of saying thanks. It’s our way of saying how much we appreciate our Cave of the Winds friends and families all over the state,” says Carey.
The Colorado Resident Pass is available for purchase now and can be used between March 1 and Dec. 31.
About the Cave of the Winds: Discovered in 1881, Cave of the Winds has been a must-see Colorado Springs attraction for more than a century. We’re one of the premiere show caves in the United States – and, at 7,000 feet, we’re also one of the highest!
On our most popular tour, the Discovery Tour, you’ll wind your way through nearly a mile of caverns, including the Majestic Hall, the Bridal Chamber and the Temple of Silence.
Our Outdoor Attractions – the Wind Walker Challenge Course and Bat-A-Pult – are located atop a 600-foot drop into Williams Canyon.
Go to: http://caveofthewinds.com/what-to-expect/packages-and-deals/colorado-resident-pass
Press Release (Ybarra's Boxing Club)
Marshall Schreiber wins his first boxing match at the 20th St Boxing Show in Denver on November 16, 2013.
Marshall boxes out of Ybarras Boxing Club in Widefield, Colorado. Marshall boxed in the 8yr old 65lb category, winning a split decision over Amin Volotany from Denver. Coach Sevn Santos and Coach Leo Rivera have been working with Marshall since he started back in the gym this year.
Head Coach Joe Ybarra says that the Coaching staff does a great job with all the boxers in the gym. Marshall was really happy. He wanted to show his dad everything that he's been learning in the boxing gym. Marshall's dad, SSG Ryan Schreiber from the 710 cav 4th ID in Fort Carson returned from Kuwait in the first week of November. His Mother April Schrieber like most military mothers have the double responsibility when their husbands get deployed around the world. Mrs Schreiber made sure her daily schedule included getting Marshall to boxing practice.