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Downtown getting Major Revitalization

$600 Million in improvements

VIDEO Major Updates Coming to...

COLORADO SPRINGS, Colo. - Downtown Colorado Springs is getting a huge face-lift. Within the next five years, just over $600 million will be used to revitalize the downtown area.

The money is generated by private and public funds including state and local tax revenue, depending on the project.

The Vice President of communications for the Downtown Partnership of Colorado Springs, which is the organization leading these changes, says residents may not even recognize downtown when all the projects are complete. "Notice those cranes in the sky and know that in a couple of years it's going to be a whole new story," says Laurel Prud'homme.

One of the top priorities for the Downtown Partnership is adding and expanding living spaces, which residents say downtown desperately needs. Prud'homme says, "Residential has been on our list of things to do for many years and now we are really starting to see some traction." 

Other big changes include, new hotels and restaurants, the expansion of Fire Station One, An Olympic History Museum, a ten mile trail surrounding the entire downtown area and much more.

"The goals that were identified included things like better connectivity, better vertical development, so not just spreading out but building up, making things easier for people to get around," says Prud'homme.

The last time Colorado Springs saw a revitalization similar to this was in the 1960s. The Downtown Partnership says the update is much needed. "When utilities is replacing a 100 year old valve in our streets it's something that needs to be done," Prud'homme says.

For the complete video all the projects and developments going on in downtown Colorado Springs, click here

 


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