Colorado Springs MLS
by: Brian on March 31, 2008 16:47:57     Leave a comment »

colorado springs new homes u.s. olympic committe updateUpdating a recent post, the U.S. Olympic Committee and the Colorado Springs City Council reached an official agreement today that will keep the USOC headquarters in Colorado Springs. According to The Gazette, the deal:

- includes a $53 million package of incentives

- "The city and Colorado Springs real estate company LandCo Equity Partners will provide the USOC with 90,000 square feet of office space in a downtown building, which will serve as a new headquarters for the USOC."

- "The organization will be allowed to lease the space for $1 a year over 25 years, and will assume ownership of the building at the end of that period."

As I've mentioned before, the USOC headquarters, along with the Olympic Training Center, are both unique contributors to the Colorado Springs New Homes area economy, and we are lucky to have them here, as suggested by the $53 million package and the way the possible relocation was such a big deal. I am very excited an agreement was reached to keep the committee in our area.

Brian Wilson

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