County plans to buy former Intel facility

       The El Paso Board of County Commissioners unanimously approved two resolutions June 8 that start the process of purchasing the Corporate Ridge Administration Building.

A three-story building and parking garage that were part of the Intel plant are key aspects of the Corporate Ridge project by which El Paso County government would move offices into the facility off Garden of the Gods Road.
Courtesy of El Paso County

       Formerly the home of the Intel chip-manufacturing plant at 1555-1675 Garden of the Gods Road, the now-vacant facility will be used to house some of the county's departmental offices. The usable area will also include a 1,000-car parking garage and adjacent warehouse. The idea is to “consolidate services and offices to improve efficiency and provide greater convenience for citizens with no increase in taxes or reduction of services,” a county press release states.
       The total project cost is anticipated at $49.5 million. This includes the Corporate Ridge purchase price as well as renovations to existing county buildings. According to county officials, funds already allocated to lease payments for some offices and funds restricted for facilities and operations of other offices will be used to pay for the project, with financing being handled through “a hybrid blend” of bonds and tax-exempt securities.
       “The purchase is still subject to the completion of a complete due diligence process on the property and successful completion of the finance package,” the release states.
       The plan envisions that the Department of Health and Environment, the Department of Human Services, the Pikes Peak Workforce Center, the Office of Emergency Management and the offices of the Clerk and Recorder, Treasurer, and Assessor will all be housed in the new facility. The Board of County Commissioners, Office of Budget and Finance, the County Attorney and Public Information will move to Centennial Hall. The Sheriff's Law Enforcement Bureau, administrative offices and Training Academy will move into the County Office Building, and the Coroner's Office will expand next door into the existing Sheriff's Training Academy.
       County Commissioner Sallie Clark, part of the unanimous vote, said after the meeting that the space is badly needed but new construction would have been unaffordable. “This is very significant to the future of the county,” she said.

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