A new multi-story building housing the YMCA of the Pikes Peak Region in downtown Colorado Springs is set to go up next to the group’s existing nearly fifty-year old structure.
The new building, which will be built at the intersection of E. Platte Avenue and N. Nevada Avenue at the site of a 1960s-era abandoned gas station, will house all of the YMCA’s recreational, health, and community services on its lower levels.
But the upper levels of the structure will be reserved for affordable workforce housing.
It is expected that the first phase of the project will cost at least $100 million to complete.
Altogether, the project will see the building of around 75,000 square feet for YMCA purposes, and another 400,000 square feet for housing.
Upon completion, the existing YMCA structure at 207 N. Nevada Avenue, which was opened in the fall of 1972, will be demolished.
The developer for the project is the White Lotus Group, which has offices in Chicago and Omaha.
Work on the new building will begin next year, with a likely completion date of sometime in 2022.
By Garry Boulard
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