Manitou Springs, nestled between the Garden of the Gods and Pikes Peak, is witnessing a series of economic developments aimed at revitalizing the community and preserving its distinctive charm.
Reviving Historic Industries
H Mart, a prominent Asian supermarket chain, has acquired the historic Ute Chief Mineral Water Company building with plans to rejuvenate the mineral water bottling industry. The company is exploring the feasibility of re-drilling the well to access the mineral springs, potentially bringing back a once-thriving local enterprise. Read more
Urban Renewal Efforts
The Manitou Springs Urban Renewal Authority (MSURA) continues to invest in the community’s infrastructure and aesthetic appeal. Recent projects include improving public infrastructure such as sidewalks and landscaping, drainage improvements, art installations, transportation improvements, and park enhancements. These initiatives aim to attract private investment and enhance the quality of life for residents and visitors alike. Learn more
Arts and Economic Prosperity
The vibrant arts scene in Manitou Springs contributes significantly to the local economy. A recent study found that nonprofit arts and cultural organizations generated $184.6 million in economic activity in 2022, supporting over 2,800 jobs and providing $89.7 million in household income. Events like the First Friday Art Walks offer residents and visitors opportunities to engage with local artists and businesses. Discover more
Business Licensing and Support
For entrepreneurs and businesses operating in Manitou Springs, obtaining a business license is a straightforward process. The city requires a license for any business operating within its limits for seven or more days per calendar year. Additionally, the Manitou Springs Chamber of Commerce provides resources and support to local businesses, including job listings and economic development plans. More information
Through these initiatives and developments, Manitou Springs continues to foster a dynamic and resilient economy while preserving the unique character that defines this historic community.