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Penrose-St. Francis plans new hospital in north Colorado Springs


The planned hospital will relieve pressure on Penrose-St. Francis Health Services’ other facilities, including St. Francis Medical Center (pictured) on Woodmen Road.
Photo by Helen Robinson
The area around Interquest Parkway and Interstate 25 is a hotbed of development in north Colorado Springs, where hundreds of millions of dollars are being invested.
One notable project is a 72-bed orthopedic and spine hospital planned on a 57.8-acre parcel owned by Centura Health on the southeast corner of the Interquest and I-25 intersection.
The $150 million hospital, which is in the design and planning stage, is projected to start receiving patients in 2023.
The hospital will open with 48 equipped beds and will open the other 28 beds when needed, said Dr. Brian Erling, president and chief executive officer of Penrose-St. Francis Health Services. ....

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Colorado Springs' real estate market remains generally positive, but not without problems


Key segments of Colorado Springs’ real estate market and the city’s downtown remain relatively healthy in the face of the continuing COVID-19 pandemic, yet will continue to confront challenges in 2021, according to four industry experts.
Their mostly positive outlook for the local market was presented Thursday during the 30th annual real estate and economic forecast hosted by the Colorado Springs chapter of the Institute of Real Estate Management, an industry group. The event typically takes place in front of a few hundred people during a morning breakfast; because of the pandemic, however, this year’s forecast was held virtually via Zoom. ....

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