Union Blvd
Colorado Springs, CO 80910
Union and Eastlake redevelopment · Land For Sale · 4.88 AC

Four PBC-zoned lots totaling 4.88 acres directly across Union Blvd from Prospect Lake and boasting one-of-a-kind lakefront Pikes Peak views at the emerging edge of fast-growing downtown Colorado Springs. This is a tremendous infill opportunity for a developer with some vision. This area WILL redevelop and fold into downtown. It's just a matter of when. There's already incredible energy and buzz along this stretch of iconic Memorial Park with properties changing hands and ripe for redevelopment between this southern edge of the park and Pikes Peak Blvd. PBZ zoning allows ample flexibility for mixed-use development. Existing buildings on the property can and do provide in-place income (all short-term leases) to alleviate the burden of holding costs during the entitlement and permitting phases.