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S Powers Blvd. & Milton E. Proby Pky
Colorado Springs, CO 80916

Peak Innovation Park · Land For Lease

Highlights

  • Peak Innovation Park is a 1,600-acre, master-planned park with office and industrial sites for sale, lease, or build-to-suit by Cushman & Wakefield.
  • Over $60 million in infrastructure is already developed, with more space to be filled for retail, recreation, hospitality, and entertainment use.
  • Within an Opportunity Zone with no business taxes collected by the city or county, and local officials are highly motivated to offer incentives.
  • Shovel-ready sites for cybersecurity, DOD contractors, aerospace, clean energy, distribution, data centers, manufacturing, and general industrial.
  • Intertwined with the military, Peterson Space Force Base is north of Colorado Springs Airport, and Schriever Space Force Base is to the east.
  • Proximity to I-25 unlocks incredible connectivity: 15 minutes from Downtown Colorado Springs, 28 from the Air Force Academy, and 1 hour from Denver.

Property Overview

Discover Colorado Springs' business-friendly climate, top-tier labor force, and multifaceted economy with this exclusive opportunity to develop in a premier business park aligned with macro-market trends. Cushman & Wakefield presents the office and industrial portions of the park, offering finished sites from 1 to 200 acres for sale, lease, or build-to-suit, starting at 10,000 square feet. Peak Innovation Park is a fully approved, fully entitled, and fully developed master-planned business park spanning 1,600 acres at the entrance to the Colorado Springs Airport. The park has multiple zoning designations, including office, industrial, retail, entertainment, recreation, and hospitality to form a vibrant mixed-use district. Amazon, Northrop Grumman, and The Aerospace Corporation have already established facilities in the park. The Colorado Springs economy is an interconnected ecosystem of private and public organizations with a robust military backbone from the US Space Command at Peterson Space Force Base, Schriever Space Force Base, and the US Air Force Academy. The economic diversity is underpinned by the Colorado Springs EDC’s target sectors: aerospace and defense, cybersecurity and software development, medical equipment and supplies manufacturing, hardware and springs manufacturing, and finance and insurance. Colorado Springs has a powerful labor force with a median age of 34, a consistent flow of former military personnel entering the private sector, and over 150,000 people in aerospace and defense. The city is renowned for its extremely pro-business approach to spur economic growth. Small businesses and institutional firms can benefit from tax exemptions, training and upskill funding, and business incentives. The Colorado Springs workforce is quickly changing from a call center- and customer support-related workforce to a higher-paying, tech-related workforce. This is partly due to the continued local investment by Space Force and Space Command and a growing DOD contractor workforce throughout the region. Peak Innovation Park is uniquely positioned to capitalize on these trends. State projections indicate Colorado Springs will surpass Denver’s population by 2050, and Peak Innovation Park lies within the path of growth. Colorado Springs is bracing to accommodate the tremendous growth with several projects, including the City for Champions, which brought an Olympic Museum, a downtown sports complex, a multi-purpose arena, and a 600,000-square-foot sports medicine center to the city. While a renaissance of development is occurring in Downtown Colorado Springs, residential growth like the popular Banning Lewis Ranch community is pushing eastward and southward towards Peak Innovation Park. The property is near one of the city’s largest semiconductor industry plants, only 5 miles from Interstate 25 and approximately 15 minutes from downtown. Peak Innovation Park is in a highly connected zone that will benefit from future expansion.

PROPERTY FACTS

Min. Divisible 1.00 AC
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Hospitality
  • Industrial Park
  • Office Park
  • Restaurant
  • Specialty, Festival or Entertainment
  • Listing ID: 8712867

  • Date on Market: 4/22/2024

  • Last Updated:

  • Address: S Powers Blvd. & Milton E. Proby Pky, Colorado Springs, CO 80916

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