Westgate Multi-Family

The Property

The Westgate neighborhood is conveniently located 5 miles east of the central business district and sits within the new 70-acre Westgate at Powers development. Residents will enjoy a variety of retail and restaurant option right nearby. The Westgate neighborhood design makes use of contemporary materials with a high-end luxury architecture appeal. The neighborhood will provide residents with beautiful landscaped areas full of plants and shrubs to compliment the surrounding beauty of Colorado Springs. Residents will enjoy the upscale private clubhouse with pool, spa and sports park. 


Highlights


 - Amenities

 - Location

 - Parking

 - Commute 


Resources:


Site Plans    |    Elevation   



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The Area

The Westgate development will dramatically upgrade the infrastructure in the area. It opens the door for further development along the Powers/Airport corridor, benefiting the Department of Defence and Peterson Air Force Base employees, homeowners and businesses in the area, Westgate is the premier development to provide services to thousands of nearby workers and residents. 


Highlights


  • Economy Growth
  • City Business Programs
  • Nearby Employeers

Resources:


Area Map    |    Employeers  


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Area Demographics

Colorado Springs is the most populous city city in El Paso County, Colorado and sits at the base of Pikes Peak, one of the most famous mountains in the Americas. Colorado Springs is the second most populous city in Colorado, after Denver, and the 41st most populous city in the country. A Fort Carson Army installation was constructed in the city in the 1940's, and Colorado Springs still has a strong military presence to this day with the Peterson Air Force Base, the US Air Force Academy, US Space Command and more. Colorado Springs has posted positive population growth since its founding, with particularly strong growth during the 1960's and 70's when most large cities in the US were losing people to the suburbs.


Highlights


  • Population Increase
  • Business Growth
  • Household Income

Resources:


Business Summary   |   Traffic   |    Population   |   Demographic 



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Jake Young

Jake Young has been in commercial real estate for more than eight years and joined CBRE's Multifamily Services in Denver in 2014. He is primarily responsible for multifamily investment sales throughout Colorado, as well as financial and market analysis, preparing offering documents and coordinating due diligence. During the course of his career, Jake has completed in excess of $1 billion in commercial real estate transactions.


303-628-1700

jake.young@cbre.com


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THE WALKABILITY EFFECT

Westgate is unique in that it offers an attractive advantage to surrounding businesses as employees have immediate walkable access to restaurants, convenient stores, shopping and landscaped open spaces.

The Benefits:

01

Employee Health

Westgate will give residents and business people opportunities to mingle while they work, shop and dine nearby and promote a healthy, active lifestyle.

02

Employee Recruiting

Attract prospect employees with shorter commute times, less time away from home and quick access to living needs.

03

Employee Turnover

Those in and around Westgate will enjoy a sense of community. Employers with high walk scores statistically have lower turnover and happier employees.  

04

Local Economy

People tend to spend more money in walkable communities, stimulating the local economy while benefiting local companies. 

Live and play at Westgate

Prime Location

Five miles from Colorado Springs business district. Right next to shopping & dining.

Community

Upscale multi-family 
neighborhood living with mix of families and singles. 

Amenities

Private clubhouse with sports park pool and tons of  amenities 

Growth

Surrounded by dozens of large employers with a 1.6% projected growth rate.

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