The City of Colorado Springs announced plans to move forward with its fourth "City for Champions" project on Tuesday.
The new Colorado Sports and Event Center is to be comprised of two separate facilities. The outdoor stadium will become the new home of the Colorado Springs Switchbacks, while the event center will serve as the new home of the Colorado College ice hockey team.
Colorado College, the Colorado Springs Switchbacks and Weidner Apartment Homes are partnering to provide the financial backing for the venture.
The next step for the project is the presentation of the business plan and the finding of commencement of substantial work by the Colorado Economic Development Commission at it’s next meeting in September.
Colorado Springs Mayor John Suthers says he’s please to have an excellent proposal and a plan to move forward on the facilities.
"It gives me great pride to announce that the City of Colorado Springs is ready to effectively leverage $27.7 million dollars in state "City for Champions" funding to build a downtown sports stadium and events center."
The outdoor stadium will be located on a vacant block southwest of Cimarron and Sahwatch streets. There are also plans to build a a seven-floor building to the south with hundreds of apartments and mixed-use businesses.
— El Paso County PIO (@epcpio) July 25, 2018