CONSTRUCTION PIPELINE

Colorado Springs Q1 2025

0

UNITS UNDER CONSTRUCTION

0

IN PRE-LEASE /
LEASE UP PHASE

0

UNITS PLANNED

0

PROSPECTIVE UNITS

Construction Pipeline

Pre-Lease Absorption Rate by Month

Forecasted Delivery Dates

Pipeline Status Breakdown by City

Pipeline Data Map

Disclaimer: The property data depicted in our maps is sourced from third-party providers and government sources. MMG does not directly collect or track this information. Due to the nature of external data collection, some properties may be omitted, which is beyond our control. Furthermore, the pipeline dataset was assembled on 2/15/2025, and changes in project statuses or new additions to the pipeline may not be reflected by the time of publication. While we strive to provide actionable and useful data, we do not guarantee its completeness. Clients are advised to verify all property details independently.

Full Data Table

Property NameProperty AddressCityStateZip CodeUnit CountProperty StatusForecasted Completion DateStart Of Rent Up
Taylor at Greenway, The2925 Greenway Creek ViewColorado SpringsCO80922330In Pre-Lease/Lease Up Phase04/30/202401/01/2024
Preserve at Mesa Creek975 Pettit Lake HeightsColorado SpringsCO80907286In Pre-Lease/Lease Up Phase04/30/202403/14/2024
Kaleidos1685 Pulsar DriveColorado SpringsCO80916150In Pre-Lease/Lease Up Phase04/30/202404/16/2024
Solace at the Ranch8073 Chardonnay GroveColorado SpringsCO80927374In Pre-Lease/Lease Up Phase05/31/202401/05/2024
Garrison, The6519 Sweet Home GroveFountainCO80817336In Pre-Lease/Lease Up Phase07/31/202404/08/2024
Cottages at Woodmen Heights, The7755 Adventure WayColorado SpringsCO80923202In Pre-Lease/Lease Up Phase07/31/202406/20/2024
Allaso Peak2485 Bravery HeightsColorado SpringsCO80907253In Pre-Lease/Lease Up Phase08/31/202406/01/2024
Fox Bridge on Union8015 Siltstone PointColorado SpringsCO80920232In Pre-Lease/Lease Up Phase08/31/202408/01/2024
Cottages at South Murray2023 Murray Creek PointeColorado SpringsCO8091686In Pre-Lease/Lease Up Phase09/30/202407/19/2024
Rewind at Crest6715 Century Crest PointColorado SpringsCO80920296In Pre-Lease/Lease Up Phase10/31/202408/31/2024
Ensley505 South Weber StreetColorado SpringsCO80903277In Pre-Lease/Lease Up Phase11/30/202407/31/2024
Avanterra Black Forest6576 White Lodge PointColorado SpringsCO80923123In Pre-Lease/Lease Up Phase11/30/202406/01/2024
Dear Madison810 South Weber StreetColorado SpringsCO8090359In Pre-Lease/Lease Up Phase01/31/202501/01/2025
Cottages at Mesa Ridge7580 Segundo GroveFountainCO80817122In Pre-Lease/Lease Up Phase01/31/202501/06/2025
Stone Mesa Luxury Flats7190 Adelo PointColorado SpringsCO80923158In Pre-Lease/Lease Up Phase02/28/202511/08/2024
Avian217 South Weber StreetColorado SpringsCO80903169Under Construction04/30/2025
Madison at Stetson Hills, The6415 Templeton Gap RoadColorado SpringsCO80923149In Pre-Lease/Lease Up Phase05/31/202512/31/2024
Dorian626 South Wahsatch AvenueColorado SpringsCO80903207Under Construction06/30/2025
Hunter, The225 East Cimarron StreetColorado SpringsCO80903214Under Construction06/30/2025
Citizen on Constitution, The7640 Constitution AvenueColorado SpringsCO80922226Under Construction09/30/2025
Retreat at Mountainside9570 Grand Cordera PkwyColorado SpringsCO80924284Under Construction01/31/2026
Cortland Peterson747 Arlington GroveColorado SpringsCO80915294Under Construction02/28/2026
Selby Ranch Townhomes3157 Silver DriveColorado SpringsCO80916163Under Construction03/31/2026
Switch13200 Voyager PkwyColorado SpringsCO80921276Under Construction09/30/2026
Arrowswest4145 Arrowswest DriveColorado SpringsCO80907222Planned
Allaso Briargate2505 Dynamic DriveColorado SpringsCO80920251Planned
Cottages at Kettle Creek2210 Old Ranch RoadColorado SpringsCO80908170Planned
Higby RoadHigby Road & Jackson Creek PkwyMonumentCO80132276Planned
Highlands at Briargate9121 Highland Rdg HtsColorado SpringsCO80920246Planned
Monument Junction WestEast Highway 105 & Jackson Creek PkwyMonumentCO80132264Planned
Village at Cottonwood Creek7629 Country LaneColorado SpringsCO80924210Planned
Lexington Vistas2845 Parliament DriveColorado SpringsCO8092072Planned
Motel 6 Redevelopment8280 Voyager PkwyColorado SpringsCO80920117Planned
Solace at Cimarron Hills Phase II1020 Solace Pond ViewColorado SpringsCO80915108Planned
Canope428 South Nevada AvenueColorado SpringsCO80903192Planned
Veterans VictoryBradley Road & South Powers BlvdColorado SpringsCO80925240Planned
Deerfield Park1 Main StreetColorado SpringsCO8091153Prospective
Pike ViewCentennial Blvd & West Fillmore StreetColorado SpringsCO80907330Prospective
Vue Des MontsNWC Lower Gold Camp Road & West Moreno AvenueColorado SpringsCO8090572Prospective
Crestone at Fillmore East1300 West Fillmore StreetColorado SpringsCO80907196Prospective
North 30th Street5075 North 30th StreetColorado SpringsCO8091985Prospective
Avenida Briargate9474 Grand Cordera PkwyColorado SpringsCO80924183Prospective
Flying Horse DowntownCross Peak View & New Life DriveColorado SpringsCO80921240Prospective
Lakeside Heights at Wolf RanchBriargate Pkwy & Wolf Valley DriveColorado SpringsCO80924724Prospective
Lodge at Black Forest Phase III7761 Bear Run PointColorado SpringsCO80924290Prospective
Marek at Interquest, TheFederal Drive & Voyager PkwyColorado SpringsCO80908233Prospective
Milestone at CorderaBierstadt Lake Court & Cordera Crest AvenueColorado SpringsCO80924280Prospective
Monument Hill18950 Base Camp RoadMonumentCO80132264Prospective
Sundance at Rock CreekPine Oaks Road & State Highway 115Colorado SpringsCO80926240Prospective
TTres at Spectrum LoopSpectrum Loop & Voyager PkwyColorado SpringsCO80921132Prospective
Volta at Voyager Phase II11275 Nahcolite PointColorado SpringsCO80921120Prospective
Zeal at Jackson CreekBowstring Road & Higby RoadMonumentCO80132172Prospective
Banning Lewis RanchBarnes Road & Marksheffel RoadColorado SpringsCO80922299Prospective
DOMI7045 Templeton Gap RoadColorado SpringsCO80923168Prospective
East Woodmen RoadMohawk Road & East Woodmen RoadColorado SpringsCO80927348Prospective
Marek, TheSEC Tutt Blvd & East Woodmen RoadColorado SpringsCO80924320Prospective
Rio Vista TownhomesBarnes Road & Rio Vista DriveColorado SpringsCO8091794Prospective
CorvallisFontaine Blvd & Sleepy Meadows DriveColorado SpringsCO80925412Prospective
Outlook on PowersGrinnell Blvd & South Powers BlvdColorado SpringsCO80911318Prospective
Westgate Apartments & Clubhouses5290 Sand Loop RoadColorado SpringsCO80903456Prospective
301 South Union Blvd301 South Union BlvdColorado SpringsCO80910172Prospective
Westgate at PowersAirport Road & South Powers BlvdColorado SpringsCO80916440Prospective
Cheyenne ViewEast Fountain Blvd & South Union BlvdColorado SpringsCO80910341Prospective
Dream Center1810 Eastlake BlvdColorado SpringsCO8091070Prospective
Lowell RidgeFountain Blvd & Writers WayColorado SpringsCO8090350Prospective
CreekwalkEast Ramona Avenue & State Route 115Colorado SpringsCO80905400Prospective
Experience at Epicenter Phase II655 South Sierra Madre StreetColorado SpringsCO80903350Prospective
Experience at Epicenter Phase III655 South Sierra Madre StreetColorado SpringsCO80903400Prospective
Ivywild on the CreekEast Brookside Street & South Tejon StreetColorado SpringsCO80905164Prospective
Park Union125 Cimino DriveColorado SpringsCO80903187Prospective
Vue De La ParcSWC South 8th Street & Motor City DriveColorado SpringsCO8090553Prospective
Fishers CanyonSouth Academy Blvd & Venetucci BlvdColorado SpringsCO80906336Prospective
Hancock CommonsChelton Road & Hancock ExpwyColorado SpringsCO80916180Prospective
One VeLaCostilla Street & Sahwatch StreetColorado SpringsCO80903404Prospective

METHODOLOGY

Adam Riddle

Adam Riddle

Managing Director

adam.riddle@mmgrea.com

Jason Koch 2

Jason Koch

Managing Director

jason.koch@mmgrea.com

Travis Hodge

Travis Hodge

Senior Director

travis.hodge@mmgrea.com

Austin Smith

Austin Smith

Senior Director

austin.smith@mmgrea.com

Benton Adams

Benton Adams

Senior Advisor

benton.adams@mmgrea.com

Christian Burgdorf

Christian Burgdorf

Senior Advisor

christian.burgdorf@mmgrea.com

Kevin Woolsey

Kevin Woolsey

Senior Advisor
Kevin.Woolsey@mmgrea.com
Josh Benard

Josh Benard

Senior Advisor

josh.benard@mmgrea.com

Taylor Burns

Taylor Burns

Senior Advisor

taylor.burns@mmgrea.com

Sam Bretz

Sam Bretz

Senior Advisor
sam.bretz@mmgrea.com
Adam Bellin

Adam Bellin

Associate Advisor

adam.bellin@mmgrea.com

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Construction Pipeline Report Methodology

Market Snapshot

Existing Units:  An estimate of the number of units in properties with 50 or more units.

Total Units Under Construction Or In Lease Up: Units being built or pre-leased as of February 2024, for projects with 50+ units.

Units Delivering in Next 4Q: Units expected to complete by the end of Q1 2025.

Share Of Existing Inventory UC: Percentage of units under construction relative to existing stock.

Construction Pipeline Status

Prospective: Early-stage project concepts.

Planned: Projects with approved conceptual plans by planning/zoning authorities.

Under Construction: Actively developed properties.

UC/Lease-Up: Properties under development and pre-leasing.

Rental Category

Discretionary: Resort-quality properties targeting high-income renters or those choosing to rent over owning.

High Mid-Range: Appeals to dual-income households with incomes similar to those in the discretionary category.

Low Mid-Range: Targets working professionals in “gray collar” jobs (e.g., police, firefighters, teachers, technicians).

Workforce: Aimed at blue-collar workers with lower incomes.

Pipeline Map & Data Table

Data sourced from Yardi Matrix. While accuracy is prioritized, the exactness of data cannot be guaranteed.

Construction Pipeline Map

The information provided in this construction pipeline map is obtained from Yardi Matrix. While every effort has been made to ensure that the information contained in the map is as accurate as possible, MMG REA does not warrant, endorse, or guarantee the completeness, accuracy, or reliability of the information.

Users of the map should be aware that the data related to properties, including but not limited to locations, statuses, and details, may be subject to change without notice. MMG REA shall not be liable for any errors, omissions, or inaccuracies in the information or for any user’s reliance on the information. Users are encouraged to validate the information with other sources in the field to confirm any details or obtain further information.

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