New Shopping Center Planned for Falcon

Woodmen Hills and Meridian Ranch have seen some sizeable growth east of Colorado Springs. Retail supply has been slowly catching up to the area, but there is still quite a bit of demand for more convenience in the area. North American Development Group has contracted to buy almost 40 acres on the northwest corner of Woodmen and Meridian roads to answer the demand. They envision a 232,700 square-foot shopping center, to be called Falcon Highlands Northwest. This shopping center is designed as a 130,000 square-foot box with several smaller sites that would accommodate restaurants, banks and automotive parts stores, and other miscellaneous stores. The developer hopes to receive approval from El Paso County to start construction in 2009, with shops opening in 2010.

Safeway, Walgreen’s, and Wal-mart are just a few of the large stores already located in and around Woodman Hills and Meridian Ranch. Many fast food and sit-down restaurants, dry cleaners, banks and other stores and services have added convenience to the location as well. Lowe’s is expected to add a store soon near Meridian and U.S. Highway 24. Woodman Hills and Meridian Ranch are on their way with this continued growth in the area.