Coming in 2026!

Artspace Colorado Springs

Home for the Downtown Colorado Springs creative community

315 E Costilla St Colorado Springs, CO, 80903

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Overview

Artspace Colorado Springs grew out of a grassroots effort led by the Colorado Springs Downtown Development Authority (DDA) to create a permanent home for the city’s creative community. Located in the downtown Creative District, the project is designed to support artists, graduate students, and creative workers while strengthening the cultural vitality of the District as a whole.

The result is Artspace Colorado Springs, a new five-story, mixed-use, all-electric building that will provide 51 units of affordable multifamily live/work housing and approximately 3,000 square feet of commercial space. All residential units are one- or two-bedroom apartments, responding to documented needs to attract and retain the next generation of creative professionals. By concentrating residential and commercial space that prioritizes creative use, Artspace Colorado Springs establishes a long-term, stable home for the creative sector.

The building is designed to National Green Building Standard (NGBS) guidelines, with photo-voltaic capacity and EV-ready parking. The exterior facades are simple and sleek, incorporating continuous insulation for enhanced thermal performance, ultra-insulated solar-reflecting roofs, and EnergyStar® rated windows to reduce heating and cooling demands. Structural enhancements allow for rooftop decks and future solar panel installation on the largely open flat roof.

Inside, the building features bright, contemporary interiors that allow residents to personalize their homes and shared spaces. Ground-floor areas include concrete slab-on-grade floors, while upper levels feature durable luxury vinyl wood-look plank flooring. Walls are primarily painted white with bright accent ceilings and floating “stick” lighting in common corridors. Energy-efficient LED lighting is used throughout all shared spaces and residential units. Kitchens and bathrooms are finished with durable laminate cabinetry and stone-look laminate countertops, and commercially available spec studio spaces are included.

Artspace Colorado Springs is also designed as a visible destination for the arts. Portions of the south- and west-facing facades open onto new ground-level outdoor commons, intended for casual daily use as well as organized artistic gatherings for residents and the broader community. Two five-story exterior walls adjacent to these public commons have been intentionally designed to accommodate large-scale murals, reinforcing the project’s public commitment to art and its role within the downtown Creative District.

Together, the architecture, sustainability features, public art elements, and mix of housing and commercial space reflect the creative energy within the building and affirm Artspace Colorado Springs as a lasting cultural anchor for the city.

Property Development Team

  • Artspace Projects, Inc., Owner/Developer
  • Bryan Construction, General Contractor
  • HHL Architects, Architect

Community Partners

  • Artspace Colorado Springs Steering Committee
  • Downtown Partnership of Colorado Springs
  • Bob Wolfson, Community Partner

Financing Partners

  • American Rescue Plan Act
  • Artspace Projects, Inc.
  • Colorado Creative Industries
  • City of Colorado Springs
  • Colorado Division of Housing – Department of Local Affairs
  • Colorado Housing and Finance Authority
  • Colorado Office of Economic Development & International Trade
  • El Paso County Housing Authority
  • El Paso County
  • J.P. Morgan
  • Raymond James

Philanthropic Partners

Platinum:

  • Bee Vradenburg Foundation
  • Carma Fund of Pikes Peak Community Foundation
  • Nard Claar
  • Colorado Springs Health Foundation
  • El Pomar Foundation
  • GE Johnson Foundation
  • H Chase Stone Trust
  • John & Margot Lane Foundation
  • Joseph Henry Edmondson Foundation
  • Kahala Fund of Pikes Peak Community Foundation
  • Kirkpatrick Family Fund
  • Pikes Peak Community Foundation
  • Ronald & Judith A. Palmer Fund of Pikes Peak Community Foundation
  • Connie Schmidt
  • Tiemens Foundation
  • Weidner Apartment Homes

Gold:

  • John D & Karla S Balk
  • Susan Edmondson
  • Strub Heer Foundation of Pikes Peak Community Foundation
  • Vance and Betsy Brown –
  • Brown Legacy Fund of Foundation of the Heart

Silver:

  • The Richard Petritz Foundation
  • Patrick Faricy Family Fund of Pikes Peak Community Foundation

Pro Bono / In-Kind Support:

  • Olive Real Estate Group

Coming in 2026!

Estimated Timeline

Under construction. Coming in 2026!

Features & Amenities

• Creative commercial space
• Art plaza for public gatherings
• Public art

Units

51 live/work, including 40 one-bedrooms and 11 two-bedrooms units

Commercial Space:

~3,000 sq. ft.

Development Type

New construction

Estimated Project Cost

$29,445,254