The Springs Business Park

4405 No. Chestnut Street, Colorado Springs, CO

Project Description: 120,000 square foot, multi-tenant R&D/office renovation project.
Challenge:To devise an economically feasible improvement plan for a 25 year old office project in order to retain the anchor tenant in a very competitive market.
Results: Completed site and building improvements to justify anchor tenant decision to sign a long-term lease renewal. Project value was maintained.
Details:Commencement Date: Jan. 2006.
Completion Date: 2012.
Current Status: Project sold.
Total Value:$8 million.