Jun 08

Booming Business at Briargate Crossing

Over 20 years ago, La Plata Investments of Colorado Springs envisioned Briargate Crossing’s 10,000 acres as a planned Colorado Springs community with a top quality of life.  That vision is now a reality.  Life is blooming in the family oriented communities of Briargate, Pine Creek, and Cordera in northern Colorado Springs real estate.  Committed to the best in housing, progressive education; numerous retail, professional, medical, and entertainment centers; employment; and easy access to recreational opportunities and major roadways, Briargate Crossing has become the northern lights of Colorado Springs real estate with thousands of new residents and thousands of square footage of commercial development.

Since 1995, the major residential communities of Briargate and Pine Creek have paved the way.  Pine Creek was the first community in of Colorado Springs real estate to require builders to design and build Colorado Springs homes in accordance with strict guidelines.  Note the flair of distinct architectural styles from Prairie, Craftsman, European Cottage, and Spanish Eclectic.  La Plata’s newest community, Cordera, is part of the original Master Plan and was annexed to the City in 1982.  It is the third major residential phase of the project build-out.

Over the past 25 years, La Plata has contributed significant public improvements for the benefit of not only residents but for the entire community. As part of the annexation agreement, over 120 lane miles of arterial streets have been constructed.  They include Briargate Parkway, Union Boulevard, Austin Bluffs Parkway and Lexington Drive north of Woodmen, Briargate Boulevard, Chapel Hills Drive, Research Parkway, Powers Boulevard from Woodmen to Briargate Parkway, as well as pedestrian underpasses for safety and convenience.  Significant storm-water drainage and major utilities have been constructed.

Truly one of the tightest, smartest developments around, the northern area is also attracting large commercial developments to the high-traffic thoroughfares that now serve the developments.  Retailers are very attracted to the financial strength of the residents in these northern communities and other shoppers such as the residents of Black Forest and Gleneagle.

That’s why so many large complexes are sprouting up.  There’s a new Lowe’s Home Improvement Warehouse (137,000 sq. ft.); the namesake shopping center (400,000 sq. ft.); The Market at Pine Creek bank, office and retail center (90,000-100,000 sq. ft.); Memorial Hospital North (5-story, 97-bed addition); The Marketplace shopping center (95,000 sq. ft.; The Medical Pavilion (2 3-story 85,000 sq. ft. medical offices); New Dawn Assisted Living complex; and Powers Office Park (11 office-condos totaling 341,000 sq. ft.).

The strong foundation-good density, infrastructure, and covenants-has made this one of the more dynamic areas in the whole state.