Colorado Springs Utilitiesâ purchase of six natural gas-powered turbines signal the beginning of the end for the Martin Drake Power Plant.
The utility is investing $100 million in the turbines, which will take over power generation as CSU moves to decommission the coal-fired plant until a transmission line is built to serve Downtown Colorado Springs.
General Electric, the manufacturer of the turbines, stated in a news release that the units will be the first of their kind to be installed in North America.
Besides helping CSU power down coal generation at the Drake plant, the highly mobile turbines will also serve CSU and its customers after Drakeâs closure as the utility brings more renewable energy sources onto the system.
Key segments of Colorado Springs’ real estate market and the city’s downtown remain relatively healthy in the face of the continuing COVID-19 pandemic, yet will continue to confront challenges in 2021, according to four industry experts.
Their mostly positive outlook for the local market was presented Thursday during the 30th annual real estate and economic forecast hosted by the Colorado Springs chapter of the Institute of Real Estate Management, an industry group. The event typically takes place in front of a few hundred people during a morning breakfast; because of the pandemic, however, this year’s forecast was held virtually via Zoom.
Her first year on the job was not one Cecilia Harry could ever have envisioned.
She stepped into her role as chief economic development officer for the Colorado Springs Chamber & EDC in December 2019. She and her family had moved from Wisconsin, where Harry had been president and CEO of Envision Greater Fond du Lac, the combined chamber of commerce and EDC for that community. She was eager to dive in, to shake hands with business and city leaders, to attend gatherings and visit key employers.
And then the pandemic took hold. I got my 90-day review in quarantine, she recalls.
Her first year on the job was not one Cecilia Harry could have ever envisioned. She stepped into her role as chief economic development officer for the Colorado Springs Chamber
A rendering shows a street scene in the 223-unit Mosaica apartment project that s planned by Colorado Springs developer Darsey Nicklasson, east of Circle Drive and Hancock Expressway on the city s southeast side. Mosaica has been designed with a neighborhood look and feel 48 smaller buildings with front porches and amenities that include backyard-like common areas, a neighborhood community center and a playground. COURTESY RENDERING