FOR IMMEDIATE RELEASE
CONTACT: Katelyn Little
BIRMINGHAM, AL (August 24, 2022) – Fountain, Colorado has selected Retail Strategies, the leading national community development firm, to create and execute a retail recruitment plan. After a long-standing relationship with city administration, the city formalized the partnership to proactively recruit retail and leverage the Retail Strategies real estate network.
“Fountain will be taking advantage of the growth and development happening in and around the city by focusing on expanding their retail corridor, “said Christopher Bontrager, vice president of the western region for Retail Strategies. “Our team is excited to get started working in Fountain again; our mutual history gives us a jumpstart on site selection development, as well as a city COVID resiliency plan for the community.”
Kimberly Bailey, director of the economic development and urban renewal for the city, stated, “We have seen sustained growth in our community located along the front-range in Colorado. We are excited to capitalize on our growth with Retail Strategies, leveraging their data and network to bring new development opportunities. In attracting new retail and service-related options to Fountain will create an enhanced quality of life for our residents through added jobs and tax revenues; as part of City Council’s Strategic Plan for the community.”
Through the partnership, the city will receive a tailored retail recruitment plan based on in-depth market analysis, consumer data, a real estate assessment and proactive retail and broker outreach by the Retail Strategies team.
About Fountain, Colorado
The City of Fountain represents the second-largest city in El Paso County, Colorado, reaching 32,352 pop. in the 2020 United States Census; experiencing double-digit growth at a +15.31% increase since the 2010 United States Census. Fountain serves as the Commercial Spine as a source of goods and lifestyle services to the Greater Fountain Valley; serving a much broader 103,539 pop. In addition, the military is a major component of the community, with Fort Carson Army Installation as the largest employer in the city/region/state, representing a base installation 32,041 pop. along its city boundary.
Fountain boasts an Average Household Income of $61,242 with a Median age of 28.9 and represents “Pure Colorado” living with expansive vistas, quality housing developments, and top-notch education for our community youth. Fountain, CO was established in 1859 as a pony express, stagecoach, and railroad western expansion route as a freight center which provided transportation of goods for local farms and aggregate mining operations. Today, Fountain is a part of the growing Colorado Springs, CO Metropolitan Statistical Area and the State of Colorado Front Range Urban Corridor.
For more information visit, https://www.fountaincolorado.org/.
About Retail Strategies
Retail Strategies is the national expert in recruiting businesses and strategically developing communities. Our mission is to provide the real estate expertise, tools, and human effort that position deserving towns as alluring locations for national businesses and destinations for tourism and quality of life amenities. With confidence, we pursue this mission by delivering unparalleled customer service as a unified team with unmatched real estate and community development expertise. Our activities pay a return in sales taxes, added jobs, and businesses that enhance and add to the unique qualities of your community.