Colorado Springs’ construction industry hit boom times in 2020, despite pandemic
Business was booming last year for homebuilders, general contractors and subcontractors that make up the Pikes Peak region’s construction industry, despite the COVID-19 pandemic.
The estimated value of permits issued for the construction of single-family homes, townhomes, apartments, hotels, offices, schools, medical buildings, manufacturing plants and other structures last year in El Paso County soared to $2.9 billion — a record high and a nearly one-third jump over 2019, according to Pikes Peak Regional Building Department reports.
