By Nathaniel Potter


Colorado Springs is a business friendly environment. Significant defense corporations in the city include Boeing, General Dynamics, Harris Corporation, ITT, L-3 Communications, Lockheed Martin, and Northrop Grumman call office space in Colorado Springs home.

Colorado Springs is located about an hours drive south of Denver, Colorado's state capital. Situated at the foot of the Rockies, the city is a beautiful setting for businesses of all types. Both shared and private office space can be found in Colorado Springs in the form of loft, converted warehouse, low-rise and single story buildings.

The defense industry plays a major role in the Colorado Springs economy, with some of the city's largest employers coming from that industry. A large segment of this industry is dedicated to the development and operation of various projects for missile defense. With its close ties to defense, the aerospace industry has also influenced the Colorado Springs economy. Although some defense corporations have left or downsized, a slight growing trend is still recorded.

A large percentage of Colorado Springs' economy is still based on manufacturing high tech and complex electronic equipment. The high-tech industry in the Colorado Springs area has decreased its overall presence over the past six years, with notable reductions in information technology and complex electronic equipment. Due to a slowing in tourism, the high tech sector still remains second to the military in terms of total revenue generated and employment.

In Colorado Springs and the Pikes Peak area, you'll see a diverse population that includes a powerful labor force of 2.8 million workers, from 20 to 64 years of age. As for regional economics, national statistics put Colorado Springs squarely in the category of "affordable" places to live. Colorado Springs housing, utilities, and other costs of living compare quite favorably with most markets our size, and when factored in with its abundant cultural and recreational opportunities, make Colorado Springs an attractive alternative to the ho-hum lifestyle you find in other urban areas.

Colorado Springs is attractive to a lot of business - those that are new, looking to move or ready to expand. "For a lot of professionals, it's right here at the foot of the Rockies-in Colorado Springs, Colorado-where the forecast calls for sunny prospects and a strong, year-round growth cycle."




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