Location, Location, Location.

We are out of space. Residential builders are struggling to secure land in the Springs and are being forced to build outside of city limits in Fountain, Pueblo, Falcon, Peyton, and Monument. Commercial builders are gutting older buildings and expanding them into apartment buildings. And still, builders cannot keep up with the rapidly growing population. 

City officials and developers are now looking at reconfiguring the City in preparation of downtown expansion. One location is the Drake Power Plant. City officials are beginning to see the importance of this location in particular:

“We see this as almost a once-in-a-century opportunity to rethink the importance of that location and what it means to the whole city,” she said. “The site is quite special. It really is a gateway to the city. It’s at the junction of I-25 and Highway 24, and it’s at the confluence of Monument Creek and Fountain Creek. That’s a pretty rare set of qualities.” - Susan Edmondson, President and CEO of the Downtown Partnership

There is a growing demand for the “Live, Work, Play” concept, and many successful urban site transitions have been utilized for mixed use. In fact, City leadership has acknowledged this demand and recognizes the potential of the Drake Power Plant. The conversion would add vibrancy, greater access, and opportunity for the local and downtown community.

The decision to close the Drake Power Plant has opened doors and created an opportunity with potential investors. Investors can now see downtown expansion to south and southwest Springs. The conversion will change the landscape and value of the surrounding area exponentially.

Understanding the market is important. Knowing your city and how its developing is critical to your home-buying decision. The demands on Agents is changing. Brokers can no longer operate passively. They need to be able to speak on their city’s growth and analyze on a micro and macro level.

Now more than ever consumers need to rely on experienced, passionate, and successful brokers to navigate them through their growing city. At the Lana Rodriguez Group (LRG), we are constantly growing and adapting to ensure that we and our clients stay relevant in today’s wild market. Our team is ready to serve you. Whether your next home purchase is your primary residence or your newest rental, we are here to advise you. Don’t wait, contact Bryan Rodriguez (512.944.7900) or Jordan Cassalia (402.990.7189) at the Lana Rodriguez Group today!