Blue & Silver announces final phase of TrueNorth Commons

COLORADO SPRINGS, Colo., August 21, 2024 – JLL today announces it has been engaged to handle office leasing at TrueNorth Commons, a 36-acre mixed-use development featuring 100,000-square-feet of build-to-suit office space. Located near the United States Air Force Academy (USAFA) campus in Colorado Springs and with direct access to Interstate-25 and mountain views, TrueNorth Commons includes the soon-to-open Hotel Polaris, a 375-key resort and conference center; retail space with shops, restaurants and a gas station; and a new USAFA visitor center. JLL Managing Directors Michael Crane and Andy Ross and Vice President Julie Rhoades will handle office leasing on behalf of building owner Blue & Silver Development Partners.

Rising up to four stories, the office site at TrueNorth Commons presents a unique build-to-suit opportunity in the favorable Colorado Springs market. The first phase of the office component will include 100,000 square feet of space, with the potential for an additional 100,000 square feet in phase two. Premier proximity to the USAFA and walkable amenities within the development are ideal benefits to potential tenants in the cybersecurity, defense and aerospace industries that may benefit from access to workforce of the future candidates. Future tenants will also benefit from several purpose-built inclusions, such as SCIF-enabled spaces key to organizations that require clearance protocols and secure meeting locations in their line of business, as well as an onsite fitness center, tenant lounge, bike storage, a first-class lobby space, outdoor patios and conference centers. Additionally, the project provides convenient travel to both the Colorado Springs and Denver airports. More information can be found on the website.

"TrueNorth Commons is a truly one-of-a-kind office opportunity on Colorado Springs’ West side,” said JLL’s Crane. “The development provides future tenants with an unparalleled location as well as access to best-in-class amenities and top talent. With plans for up to 25,000-square-foot floorplates and various layout options available to tenant input, TrueNorth Commons offers a fully customizable office experience in one of Colorado’s most desirable submarkets.”

The master plan for TrueNorth Commons includes a 525,000-square foot mixed-use development designed to serve as the “front door” to the neighboring Air Force Academy. Included in the site plan – and one of the five venues that make up Colorado Springs’ City for Champions initiative – is the USAFA Gateway Visitor Center, which will introduce guests to what life is like for cadets, and display aircraft, spacecraft and satellites for viewing. Hotel Polaris, opening in November, will offer guests a modern hotel experience at the USAFA North Gate, complete with a specialized culinary experience and a large conference center. Future plans for TrueNorth Commons include a 30,000-square-foot commercial retail district.

"As a Colorado Springs-based development team - including an Air Force Academy graduate and veteran - we are fully invested in the future of the TrueNorth Commons development,” said Dan Schnepf, Principal and Managing Member at Blue & Silver Development Partners. “Upon completion, we know this project will be a game-changer for businesses, residents and visitors, paving the path for the future of the city. Our partnership with JLL will allow us to attract leading national businesses to this unique office asset.”

Ranked the most desirable place to live from 2019-2021 by US News & World Report, Colorado Springs is populated with numerous residential developments, including North Gate, a retail and multifamily project located across the interstate from TrueNorth Commons. Local amenities and entertainment offerings include Sunset Amphitheatre, TopGolf and Scheels, among others. The area is also home to three of the country’s major military bases, including Peterson and Schriever Space Force bases, as well as Fort Carson.

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