Grill of the city
Scott Miller
Head of Business Unit
DPR construction
While the large, high-profile projects that have defined Colorado Springs for the past decade have slowed, demand remains strong in several sectors, particularly retail and mixed-use developments, Miller says.
“The commercial market continues to grow gradually. New office construction is limited as tenant rates remain well below the cost of new construction. However, tenant improvement projects are gaining momentum,” he adds.
In the K-12 sector, renovation projects at Palmer High School are leading the way, while most districts are delaying additional bond measures until next year. And Miller says advanced technology industries, including data centers and aerospace, are expanding and reconfiguring spaces to meet evolving needs.
In addition, “Colorado Springs Utilities is actively modernizing infrastructure, driving new electric generation initiatives and upgrades to water and sewer systems,” he says.
“Government building is largely on hold as national priorities are finalized,” Miller adds. “Health care modernization is underway, with UCHealth increasing bed capacity to meet growing demand.”
