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JA building in 2300 block of West Colorado sold to group from Texas

Jan. 7, 2019
       A limited partnership from Austin, Texas, has purchased the Junior Achievement of Southern Colorado (JA-SoCo) building in the 2300 block of West Colorado Avenue.
       Included in the purchase by Hickory Pass LP is the roughly 40-space parking lot behind the building, which is accessible from the alley or from Pikes Peak Avenue.
       JA-SoCo had bought the 26,000-square-foot property in 2013 from Discover Goodwill of Southern & Western Colorado for $600,000. The sale price to Hickory
During Territory Days in 2005, this photo was shot from the roof of the Goodwill building on the south side of the 2300 block. Included in the view is the building at 2306 W. Colorado Ave., which Goodwill continued to own until 2013.
Westside Pioneer file photo
Pass in November was $1.45 million, according to the El Paso County Assessor's website.
       A recently attached real-estate banner on the side of the building (facing Colorado Avenue) says “renovations under way” and “now leasing,” with a phone number to call.
       The listing agent, Holly Trinidad of Hoff & Leigh, said the structure is being transformed into a "multi-tenant retail building," anchored by CrossfitSoCo, which has already opened in 10,000 square feet at the east end of the building, offering physical training, with classes and equipment.
       The lead person from Hickory Pass is Cory Lyle, who has done previous commercial renovation work in Santa Fe, New Mexico, according to Trinidad, and owns a total of about 70,000 square feet of business space in Colorado Springs (though his other
A parcel map shows (in yellow) the location of the former Junior Achievement building and its parking lot in back. West Colorado Avenue is colored with a lighter yellow. North is up. The property is just east of the Old Colorado City historic district.
Courtesy of El Paso County Assessor's Office
properties are not under the Hickory Pass name).
       For the balance of the former JA building, the hope is "to get a restaurant and a couple of cool shops," Trinidad said, adding that Lyle also plans to re-work the parking lot in an effort to find more spaces.
       A website, corporationwiki.com, states that Hickory Pass was established through the Texas Secretary of State's Office in 1997 as a Domestic Limited Partnership (LP).
       Goodwill had used the building for manufacturing and training purposes for about a half-century before moving to new headquarters off Garden of the Gods Road in 2013. The company still owns the retail store at 23rd and Colorado and the large buildings on the south side of the 2300 block.
       When JA SoCo bought the property in 2013, it embarked on a fundraising campaign to pay for full-size business “towns” in the building's large open areas that would help visiting students gain entrepreneurial experiences in a hands-on way.
       However, with the economy increasingly online-focused and schools devoting less money for field trips, the company decided it made more economic sense to develop presentations with smaller size and transportability, former CEO Carrie McKee said in an interview last July, after the building had gone on the market.
       JA SoCo has since relocated downtown to 611 N. Weber St. Its interim CEO is Aimee Liotino.

Westside Pioneer article
(Business: Changes)

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