from Colorado Springs Business Journal | by Marija B. Vader | August 20, 2013
A nearly completed multiplex movie theater, flanked by a half-done office building and a parking garage, all sit vacant and unused, casualties of an economic downturn unparalleled since the Great Depression.
The fate of the once-promising Colorado Crossing — an ambitious project that would have created a mixed-use entertainment, office and housing development — remains in question, tangled up in lawsuits and bankruptcy filings.
Colorado Crossing was the vision of developer Jannie Richardson and her company, SRKO Family Partnerships. The project ran into cost overruns and lack of financing, and Richardson declared both personal and business bankruptcy in 2010.
But at least one business owner stiffed by nonpayment hopes the case will be resolved in 90 days.
To read more about Colorado Crossing find the full article at Colorado Springs Business Journal here.