Briargate

One of the newer shopping mall developments in Colorado Springs is The Promenade Shops at Briargate, an open air, pet-friendly, outdoor shopping center, located east of I-25 at Briargate & Voyager Parkways.

History

In August 2003, Poag & McEwen Shopping Centers opened the Promenade Shops at Briargate, Colorado Springs’ first open-air shopping mall. The Promenade Shops at Briargate were built targeting shoppers looking for stores like Chico’s, Pottery Barn and Williams-Sonoma that were found in larger cities.

Since their opening, The Promenade Shops at Briargate has seen significant changes. The 2008 economic crisis resulted in some retail closure, but the center retained a vibrant tenant mix to attract shoppers. In 2013, an ownership change brought more exciting changes. Two new retail and restaurant building were constructed. They were completed and fully leased by mid-2016.

Tenants

Some of the original tenants of The Promenade Shops at Briargate currently occupy the center including Pottery Barn, Williams- Sonoma, Talbots and J. Jill. Recent additions include Modern Market, Charming Charlie, and Soft Surroundings,

There are 55 total businesses in the shopping center, including 10 restaurants. The shopper target demographic age group ranges from 20-60 with the varied tenant mix including Anthropologie, Apple, Lululemon Athletica and Sephora.

Some of the businesses are locally run as franchises, including Rocky Mountain Chocolate Factory, Complete Nutrition, and Bird Dog BBQ.

Before the development of the Promenade Shops at Briargate, Colorado Springs didn’t have many restaurants like Teds’ Montana Grill or P.F. Chang’s. The location of the center is intended to intercept drivers on their commute on I25 and offer a new mix of retail and food from a variety of sources that are for the most part unavailable elsewhere in Colorado Springs.

Events

A variety of events are held for residents of Briargate as well as Colorado Springs, including the summer Farmers Market on the Promenade. The weekly event starts on Father’s Day. The Farmers Market will run every Sunday until the end of September, as the last day. The market is open from 9am to 1pm, which allows two hours for farmer’s market shoppers to peruse the vendors before the shops open, and lasts for another two hours after the retail shops and restaurants open.

The farmers market is filled with local farmers, thanks to the farmer coordinator, Chris Sniffen, a local egg farmer who owns a chicken ranch in Calhan. As a local farmer himself, he has enough connections to populate the farmers market and has been able to connect with local honey producers, herb and tea blend growers, grass fed meat producers, and an organic vegetable farm in Larkspur. The goal of the market is to offer the shoppers at the center an attractive array of locally sourced and organic food. Look for this event on the road between Biaggi’s and P.F. Chang’s.

Other events that take place at The Promenade Shops at Briargate include Bark at Briargate, an outdoor pet expo, and Parad-Ice on the Promenade, a live ice sculpture event. Bark at Briargate will be held on late August, and Parad-Ice on the Promenade will be held during the holiday shopping season. Visit the shopping center website ThePromenadeShopsatBriargate.com for details.

Parking

Parking is conveniently located close to shops & restaurants. Exciting changes are planned for late summer 2017 to enhance the shopper experience.

Check out the center website and like them on Facebook to stay informed.

Briargate is a popular community located in the northern part of Colorado Springs, Colorado. This area is a master planned community and features a wide range amenities. Additionally, this area is close to I-25 and The United States Air Force Academy.

We have looked at the last six months of sales (March 2014-August 2014). In this period we saw a high sale of $915,000 and a low sale of $145,000. The average sales price in the area is $316,756 this makes the median price $305,000.

For this article, we are going to take a look at what you can get $10,000 above and below the median price $295,000 and $315,000. Here is a look at the numbers:

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And here are some pictures of what those homes look like.

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“Based on information from the Pikes Peak REALTOR Services Corp. (“RSC”), for the period March 1st. 2014 through August 31st. 2014 .  RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market.”