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Rich Laden

Business/News Business Reporter

A pedestrian walks past shopping carts filled with clothes and trash along Mallard Drive near the Cedar Creek Club apartments Thursday, Nov. 2, 2017.   (The Gazette, Christian Murdock)
A pedestrian walks past shopping carts filled with clothes and trash along Mallard Drive near the Terry Ragan-owned Cedar Creek Club apartments. (Photo by Christian Murdock, The Gazette)
Motorists fill up Monday at a service station on South Academy Boulevard in Colorado Springs. Local prices are more than 50 cents higher than a year ago at this time, as rising oil prices, declining inventories and increased demand are driving up prices at the pump. RICH LADEN, THE GAZETTE
Remodeling is underway inside a building on the northwest corner of Platte Avenue and Circle Drive, where discount retailer Dollar Tree plans a new store. The building once housed a Rite Aid pharmacy, but has been empty for years. RICH LADEN, THE GAZETTE
A former Ruby Tuesday restaurant at Powers and Stetson Hills boulevards in northeast Colorado Springs will become home to Hop Jacks, a suburban Seattle casual restaurant chain. Hop Jacks is targeting a mid-August opening for what will be its first Colorado location. RICH LADEN, THE GAZETTE
Colorado Springs home prices continued to increase in the first quarter at one of the fastest clips in the nation. (Rich Laden, The Gazette)
Donuts are on display at a Hurts Donut Co. location in Coralville, Iowa. The first Hurts Donut store in Colorado will open by mid-June on Colorado Springs' northeast side, at Tutt Boulevard and Barnes Road and just east of Powers Boulevard. COURTESY HURTS DONUT CO. FACEBOOK
A Burlington store, similar to this one in Pennslyvania, is coming to the Powers Pointe shopping center on Colorado Springs' northeast side.Construction is expected to start in the next 30 days, with the store's opening targeted for late 2018 or early 2019. COURTESY BURLINGTON
FILE - A worker carries building supplies across the foundation of a house being built by Saint Aubyn Homes Tuesday, May 25, 2010 in Lorson Ranch. Photo by Mark Reis, The Gazette