COLORADO SPRINGS – Huge growth is happening in northern Colorado Springs.
On Tuesday, Ent Credit Union announced a new location for its headquarters near Interquest Parkway. The area is also home to Victory Ridge. The last big development there was the opening of Icon Cinema in November 2017. With surrounding spaces still unfinished some people are now wondering what’s next?
As far as Ent, it’s been at its current headquarters near Woodmen Road for the last 17 years. The credit union said due to a huge growth in membership it needs a bigger facility to do business.
Vice President of New Markets & Strategy Victoria Selfridge said, “We’ve just outgrown them and need more space.”
The credit union will eventually say goodbye to the buildings on Campus Drive and hello to more than 20 acres of land at The Campus at Foothills Farm. Groundbreaking for Ent Credit Union’s new headquarters is scheduled for this summer.
Selfridge said, “The new building that we’re looking to build is 300,000 square feet…we investigated over 20 different property options here in the Pikes Peak region and we really love the easy access to the I-25 corridor and some of the other developments that are coming to that area.”
Victory Ridge is one of those developments, located about a mile and a half away.
Bob Cope, economic development officer for the City of Colorado Springs, said, “There is a lot that has already been contracted for and is on the runway, and will occur in the not too distant future…what will be coming will be an In-N-Out Burger so it will be…the state’s first In-N-Out restaurant plus a regional headquarters building and a regional processing center for In-N-Out.”
A youth sports complex is also in the works.
As far as the other players in this mixed-use development Cope said, “Some of those applications are being processed right now and they will be approved.”
Once that happens the timeline for breaking ground will all depend on design and construction.
Both of these developments will bring huge job growth to this area. Ent said it hopes to add an additional 500 workers over the next five to seven years. At Victory Ridge there could potentially be thousands of jobs available.