A new Aerospace business complex that could bring hundreds of jobs to Colorado Springs

COLORADO SPRINGS, Colo. (KKTV) -Today ground broke on a new Aerospace business center at Bradley Rd and Foreign Trade Blvd that is expected to create at least 250 jobs.

According to the developers, AZ Opportunity Fund and ARCO/Murray the business complex will be 320,000 square feet and is meant to serve aerospace companies and advanced technology companies of varying sizes.

“In the last year, there’s been so much attention given to the aerospace industry in Colorado that it was like a lightbulb. It just felt like a great fit to really focus our project on meeting those specific needs of the aerospace industry,” said Brady Welsh, Founder of AZ Opportunity Fund.

Ground broke on the first building which will officials say will be about 85,000 square feet. The developers say they believe they chose a site where they believe the city has the highest potential to grow.

“Most of the competing industrial development is to the south and to the west of the Colorado Springs airport and pretty much all the land sites have been absorbed and built to the west of the airport, so we are confident that this is the path of growth for the city and for commercial real estate in this part of town,” said Welsh.

The first building is expected to finish in 2025, and house businesses in 2026. The lead developers hope to complete the complex within the next five years.

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