Colorado Springs: The next Portland???

9 Replies

As a Denver urban dweller, I have been accused of condescending to Colorado Springs. Well, no more! I should apparently eat my words because ... Colorado Springs has the highest rate of millennial migration of any city in the country. Who knew??

Okay, to be fair this doesn't surprise us that much. The mountains are RIGHT THERE. Breweries are popping up everywhere. Prices are still relatively affordable, at least compared to here in Denver. (Plus, they're hip to Airbnb, which we personally like.) And when we're showing homes down there, we've definitely seen an uptick in ironic mustaches.

So what do you think ... Colorado Springs: The Next Portland?

@James Carson 

Thanks for sharing this current article! I think I fit their description pretty well of a millennial wanting to move to Colorado Springs and being attracted to the outdoor living. I just hope the city doesn't get AS huge and AS expensive as Denver!

@James Carlson - While I don't remember the specifics, I read an article early fall of last year that searched several social media platforms that ranked the word "hip" relating to major cities and found Colorado Springs at the #1 spot. While 10 years ago you would have found every high school kid using the slogan "keep Colorado Springs lame", I believe things are changing around quickly with new restaurants, breweries, and revitalizing projects to bring more of the millennial generation to this town.

@Reed Huddleston - I hate to say it but Colorado Springs is growing and I don't see it slowing down for many years to come. I think you're getting into this market at the right time be glad you're not making the jump 10 years from now.

@James Carlson
I totally agree! Colorado Springs is a fantastic place to live! My wife and I moved here from SoCal when our kids were small and it’s been a great place to raise a family, and over the last 12 years we have enjoyed watching our city as well as the kiddos grow up! Lots of new growth everywhere! There are not many patches of undeveloped ground left, it really feels like a boomtown right now.
So, I totally get millennials moving here especially for the purposes of raising a family, but Denver definitely holds the crown for all of the downtown amenities 😁, our downtown is still lagging behind, and we aren’t even in the same conversation when it comes to the music scene.
But.......our beer holds its own 😜


"we aren’t even in the same conversation when it comes to the music scene."

Seriously??? There is nothing that comes close to the Golden Bee sing along anywhere in Denver. ;-)

Will these new people have the spending power that those coming into Portland had?

This is going to make for some serious culture clash with the old timers.

So, when the springs become unaffordable what's the suburb it grows in to?  

I wish I had seen this thread last year and bought a bunch of properties back then. It's only kept going down there. I hear people are even commuting to Denver from the Springs now! If they can only add that extra lane in each direction on I-25...

That said, if there are any brokers with some fantastic small MF deals down there, feel free to pass them along.  ;)

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