By Rich Laden firstname.lastname@example.org | May 27, 2021 | Updated May 31, 2021
The Sears store at the Chapel Hills Mall, which was closed by the financially troubled retailer in 2019 after a nearly 40-year run, will be razed starting next month by a real estate company that plans to develop a suburban-style apartment complex on the site.
The transformation marks another major change in Colorado Springs’ retail landscape, which in recent years has seen store closings, arrivals and the development of newer and trendier shopping centers.
Evergreen Devco, which has offices in Denver, Phoenix, Los Angeles and Salt Lake City, completed its purchase this month of the Sears property at Chapel Hills, northeast of Academy and Briargate boulevards on the Springs’ north side.
Read more in The Colorado Springs Gazette