512 & 516 Foothills sits within the Ivywild neighborhood. The area has long been designated as a Neighborhood Strategy Area by the City of Colorado Springs.  Originally an elementary school built in 1916, Ivywild School was closed in 2009 by School District #11 and put up for sale.  The old Ivywild Elementary School has been renovated and has become a multi-use facility, housing several local businesses:  Bristol Brewery, a commercial bakery, espresso/cocktail bar, delicatessen and a private event and performance space are just some of the experiences that the school has to offer. The redevelopment of the school site was inspired by the idea of strengthening the neighborhood’s identity by restoring its historic centerpiece, the key element in the implementation of the Urban Renewal Plan.