Colorado Springs’ South Power Corridor is Ready for Future Development

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South Powers Boulevard has been known to be the easiest way to get to the airport from town, but it is also full of offices and industrial buildings. Companies such as Coca-Cola, Ace Hardware, Taylor Farms, American Tire Distribution, Rocky Mountain Coors, and Fed-Ex have set up shop along the road. Enticing other companies to get in on the action. Unlike North Powers, South Powers is set for growth because of its large plots of land available for construction. Developers will also be enticed to build along South Powers because of its affordable prices- $3 to $3.50 a square foot to be exact. The construction of Westgate at Powers which is expected to include restaurants and stores has already begun plans to develop. Plans to proceed with constructing an executive terminal on the site of the city airport, and flying offices for upscale customers have also been in the works.  With these projects coming to flourishment it is expected that other developer will be keen to look at South Powers for future projects. The only obstacle for future development at South Powers are the construction costs outpacing what developers and landlords are able to charge for lease rates.

Image courtesy of The Gazette.

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