COLORADO SPRINGS — The size of a planned apartment building in Downtown Colorado Springs has been reduced from 36 to 27 stories.
Proposed 36-story Apartment Building Would Change Downtown Skyline
New renderings of the proposed building were released Wednesday. The building will be called 'ONE VeLa,' and it will include 404 apartments with space for retail stores on the ground floor.

It will also include a 476 space parking garage.

The previous, taller version of the proposal drew backlash from some in the community who were concerned about its size.
Analysis: High-rise buildings and their economic impact on communities
Groundbreaking is expected either later this year or early next year.

The apartment building will be located at the intersection of Sawatch and Costilla Streets, which is located near the U.S. Olympic and Paralympic Museum.
___

Layoffs expected as School District 49 grapples with budget crisis
School District 49 leaders say budget pressures are forcing difficult decisions, including cutting staff.
____
Watch KOAA News5 on your time, anytime with our free streaming app available for your Roku, FireTV, AppleTV and Android TV. Just search KOAA News5, download and start watching.