Colorado Springs
Neighborhoods.
Colorado Springs is a city of distinct neighborhoods, each with its own personality. Here is a look at some of the most popular areas and what makes them special.
Briargate
One of the most popular neighborhoods in Colorado Springs, Briargate offers excellent Academy District 20 schools, well-maintained parks, and a strong sense of community. Tree-lined streets, established homes, and easy access to shopping and dining. This fall, L.L. Bean opened its first Colorado Springs store at the Promenade Shops at Briargate, and the Promenade announced more new stores and a restaurant are on the way.
Northgate
Northgate sits along the northern edge of Colorado Springs with stunning views of Pikes Peak and the Front Range. Newer construction, planned communities, and proximity to the Air Force Academy make it a convenient choice for those stationed nearby.
Cordera
A master-planned community in the northern corridor featuring modern floor plans, community parks, a Grand Lawn event space, and walking trails. Cordera continues to release new phases in 2026 and is known for its active lifestyle and contemporary design.
Flying Horse
An exclusive, Tuscan-inspired community centered around the Flying Horse Golf Club. Custom and semi-custom homes with mountain views, a clubhouse, tennis courts, and resort-style living in north Colorado Springs.
Old Colorado City
Adjacent to Manitou Springs and just minutes from Garden of the Gods, Old Colorado City offers historic homes, local boutiques, art galleries, and a walkable main street with character. A great fit for buyers who value a vibrant, walkable community. In September 2026, City Council voted 5-4 to dissolve the neighborhood's Downtown Development Authority (formed in 2024) after its funding mill levy never passed; the district itself remains vibrant, and its charm, arts scene, and boutique shopping continue to drive demand.
Falcon / Peyton
East of the Springs, Falcon and Peyton offer newer construction on larger lots at more competitive prices. Active developments like Wolf Ranch and Parcheron are attracting buyers with modern floor plans, community amenities, and easy access to Peterson SFB and the city. This corridor continues to be one of the fastest-growing areas in the region.
Downtown / Central
The heart of Colorado Springs is undergoing a renaissance. The Elevate Downtown master plan, approved August 4, 2026, targets $2.5 billion in housing, green spaces, businesses, and cultural amenities over the next decade. The Downtown Partnership reported on September 18 that more than $2.6 billion has been invested in downtown over the past decade. New storefronts like Easy's Record Store (opened September 10 on Tejon Street) add energy, Draper Commons is adding roughly 500 middle-class and affordable units downtown including the 185-unit Bristow House, and Issue 7A, the "Colorado Connector" passenger-rail ballot measure, would place a downtown station near the U.S. Olympic & Paralympic Museum within the 82-acre Park Union area. The OneVela Tower (27 stories, 400 units) is on track for a construction start by year's end. For buyers and investors, downtown offers historic homes, new luxury condos, and walkable access to the city's best dining, arts, and entertainment. The multi-year COS Creek Plan, a 20-year vision that envisions eight new parks along Fountain and Monument creeks with America the Beautiful Park as its catalyst, is moving through public engagement ahead of adoption, and the October 16 State of the City address centered on public safety, housing, and infrastructure. County mail ballots for the November 3 election are in the mail, with Issue 7A on the ballot.
Banning Lewis Ranch
One of the largest master-planned communities in Colorado Springs, Banning Lewis Ranch is the region's defining growth story of 2026. On September 8, the City Council unanimously approved the plan to develop more than 1,170 acres (phases B2 and C, land first annexed in 1988), including roughly 5,000 planned homes plus schools, parks, trails, and commercial space, with construction already underway and planning continuing for additional phases farther east. The community already features parks, trails, and a growing commercial district, and this expansion will cement it as a defining Colorado Springs community for the next decade. For buyers seeking new construction and long-term appreciation potential, this corridor demands attention.
Growing Communities
Colorado Springs continues to grow at a measured, sustainable pace, with major new construction activity concentrated in the eastern and northeastern corridors. The Banning Lewis Ranch expansion was formally approved by the City Council on September 8: more than 1,170 acres (phases B2 and C) and roughly 5,000 additional homes, with construction already underway. In October the multi-year Creek Plan moved into neighborhood meetings to reimagine Fountain and Monument creeks with America the Beautiful Park as a catalyst, and Flying Horse Land Company is progressing a mixed-use plan on roughly 1,800 acres near Schriever Air Force Base after initial county approval. New Accessory Dwelling Unit (ADU) rules now allow ADUs in all single-family residential zones, adding flexible living and income potential for homeowners. The Elevate Downtown master plan, approved August 4, targets $2.5 billion in housing, green space, and cultural investment downtown over the next decade. L.L. Bean opened its first Colorado Springs store this fall at the Promenade Shops at Briargate. Fort Carson's anticipated growth of 13,000+ new personnel continues to drive demand in the south corridor. The Airport Road & Powers Boulevard diverging diamond interchange is now fully open, improving access across the east side. A major new employer also landed on the southeast side: Swire Coca-Cola plans a $475 million manufacturing plant at the Peak Innovation Park. The Southeast Strong Neighborhood Plan was adopted July 28. In October the city was named the No. 1 U.S. city for small businesses in a Bluevine study, the 2026 State of the City address delivered October 16 focused on public safety, housing, and infrastructure, and the mayor released a framework on data center standards as the Project Taurus data center proposal heads to a City Council special session. These active master-planned communities offer modern homes and community amenities.
Banning Lewis Ranch
The biggest story of 2026: the City Council approved the plan on September 8 to add roughly 5,000 more homes across 1,100+ acres of this massive east-side community, and construction is already underway. Parks, trails, and a growing commercial district anchor this long-term growth corridor.
Bradley Heights
A brand-new homebuilding hotspot at Marksheffel and Bradley Roads on the far east side, part of the growth wave pushing toward Falcon and Banning Lewis Ranch. New single-family construction, easy access to Powers Boulevard, and a third Barnes & Noble planned nearby at First & Main are all signs of the corridor's momentum.
Wolf Ranch
A major source of new homes in the northeast (Academy District 20), offering single-family and townhome options from multiple builders with walking trails and community amenities.
Cordera
Final phases continue in the Briargate corridor with move-up and semi-custom homes, community parks, Grand Lawn event space, and active lifestyle amenities.
Percheron
A brand-new master-planned community in the Falcon District 49 area that welcomed its first residents in 2025. Features a mixed-use village plan, five miles of trails, and 30 acres of parks — designed from the ground up as a walkable, amenity-rich community.
Forest Lakes
A newer master-planned community in Monument featuring trails, lakes, and open space. Homes start in the mid-$700s with strong mountain views.
The Farm
A master-planned community with open space, wetlands, and mountain views. Homes range from the $700s to over $1 million with a focus on outdoor living.
Meridian Ranch
An active community in the northeast corridor with newer homes, competitive price points, and convenient access to the Powers corridor.
Ridge at Lorson Ranch
A growing community in the southeast, popular with military families due to its proximity to Fort Carson and newer home offerings.
Draper Commons (Downtown)
Phase Three (Draper Commons at Lowell) began construction in Spring 2026, adding 200 middle-class and mixed-income apartments downtown. Part of a ~500-unit push for urban housing options. The Elevate Downtown master plan (approved August 4, 2026) targets $2.5 billion in additional downtown investment over the next decade.
Arrowleaf Senior Housing
A new affordable senior housing project on the southeast side, adding 110 apartments and a new senior center in Phase 1. Great news for older adults looking to downsize while staying local.
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