Transforming Healthcare: Colorado Springs’ Growth in Medical Facilities and Workforce

Colorado Springs continues to see remarkable growth and advancements in its healthcare sector, ensuring residents have access to top-tier medical care. The University of Colorado Colorado Springs (UCCS) has taken significant strides in strengthening the local medical workforce by expanding its nursing program, helping to address the growing demand for skilled healthcare professionals. Additionally, UCHealth and CommonSpirit have invested in cutting-edge medical technology, facility expansions, and improved patient care services, further elevating the standard of healthcare in the region. One of the most notable projects is UCHealth’s $407 million expansion of Memorial Hospital North, which will add a new six-story inpatient tower and expand patient care capabilities. Similarly, CommonSpirit Health’s St. Francis Hospital – Interquest, which opened in 2023, brings specialized services such as orthopedics and spinal care to the area.

In addition to these efforts, a new medical office building and ambulatory surgery center is being constructed in northern Colorado Springs, set to open in 2025. This facility will focus on heart and vascular care, enhancing the region’s specialty medical services. These investments not only enhance medical care for the community but also contribute to the city’s overall growth, making Colorado Springs an increasingly attractive place to live and work. With these ongoing improvements, Colorado Springs is solidifying its position as a leading healthcare hub in the region, ensuring that residents have access to the best medical care available.

Source: UCHealth Newsroom, Mile High CRE, Axios, iHeart

How is the Real Estate Market

As we move further into March, the real estate market remains full of opportunity, both nationally and here in Colorado Springs. With mortgage rates expected to ease, affordability is improving, making homeownership more accessible. Locally, Colorado Springs is set for a strong year, with home sales projected to rise by up to 27% year-over-year, outpacing national trends. As the weather begins to warm, we are also entering the prime real estate season—a time when more homes hit the market and buyers become more active in their search. If you’re considering listing your home, now is the perfect time to start preparing, as demand is expected to increase in the coming months. For buyers, this marks the start of a season with more inventory and opportunities to find the right home. With a strong economy, steady home values, and growing interest in our market, Colorado Springs remains a top destination for real estate in 2025.

Sources: PPMLS, Great Colorado Homes, New York Post

Our City

As winter fades and the first signs of spring emerge, March in Colorado Springs brings a mix of fresh energy and exciting events. The month kicks off with The Texas Tenors performing at the Pikes Peak Center on March 7-8, setting the stage for a lively month ahead. Sports fans can catch the Harlem Globetrotters and the Colorado College vs. Denver University hockey showdown on March 8. On March 15, the city will celebrate Irish heritage with the 41st Annual St. Patrick’s Day Parade in downtown, followed by Switchbacks FC taking on Detroit City FC later that day. St. Patrick’s Day itself falls on March 17, bringing even more festive energy. Families can experience the magic of Disney On Ice from March 20-23, while theater lovers have plenty to look forward to with Annie on March 24-26 and Shen Yun closing out the month from March 28-30. With longer days and warming temperatures, March is the perfect time to enjoy all that Colorado Springs has to offer!

Events

The Texas Tenors – Pikes Peak Center – March 7-8
The Harlem Globetrotters – The Broadmoor World Arena – March 8
Colorado College Hockey vs Denver University – March 8
Shane Gillis – The Broadmoor World Arena – March 14
Switchbacks FC vs Detroit City FC – March 15
41st Annual St. Patrick’s Day Parade – March 15
St. Patrick’s Day – March 17
Disney On Ice – The Broadmoor World Arena – March 20-23
Annie – Pikes Peak Center – March 24-26
Shen Yun – Pikes Peak Center – March 28-30

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