Unico completes nearly $2M renovation of Colorado Square

colorado square
The extensive renovation included a complete lobby refresh.

Unico Properties recently completed a $1.9 million renovation of the 257,253-square foot, 14-story Colorado Square building, located at the corner of Pikes Peak Avenue and North Nevada Avenue in downtown Colorado Springs.

“Constructed in 1976, Colorado Square has a unique legacy as one of the first high-rises in downtown Colorado Springs,” said Craig Frame, general manager of real estate services for Unico. “We built upon that legacy, outfitting the building with a large-scale amenity package that’s hard to find in this market. The redesign will hopefully appeal to a broader tenant base looking for a more modern office space.”

The extensive renovation included the addition of a conference room with state-of-the art audiovisual equipment, tenant storage space, a complete renovation of the lobby and a new fitness center with high-end equipment, refreshed locker rooms, showers, towel service and access to on-demand Wellbeats fitness program. Replacing an outdated escalator, a steel and glass stair now anchors the lobby, complemented by a bar and lounge area reserved exclusively for tenant use.

Newly installed roll-up doors open to a patio area with outdoor seating.

One block from Tejon Street, Colorado Square is located within walking distance to fine and casual dining, coffee shops, retail stores and other entertainment options.

YOW Architects designed the renovation and Elder Construction was the general contractor.

Published in the April 3-17, 2019, issue of CREJ.

Kris Oppermann Stern is publisher and editor of Building Dialogue, a Colorado Real Estate Journal publication, and editor of CREJ's construction, design, and engineering section, including news and bylined articles. Building Dialogue is a quarterly, four-color magazine that caters specifically to the AEC industry, including features on projects and people, as well as covering trends…