COLORADO SPRINGS, Colo. - The city of Colorado Springs has released a report on the economic feasibility of building a stadium and multi-use event center downtown.
In a news release, the city said it will release the full study after it formally submits an application to the state of Colorado under the regional tourism act.
The application includes a proposal for four major projects that would increase tourism from out-of-state.
The Regional Tourism Act program allows for local governments to receive a rebate from the state of new, or incremental, state sales tax revenues that are created by unique and extraordinary projects that increase tourism.
The four proposed projects include the downtown stadium, as well as attractions focused on the United States Air Force Academy and the United States Olympic Committee. The fourth project would be at the University of Colorado at Colorado Springs.
The city has released computer renderings of the proposed projects, which you can view in the slideshow under "related content."
The city's application is due by July 8.