COLORADO SPRINGS, Colo. (KRDO) – Whether a 32% vacancy rate in downtown apartments in Colorado Springs is concerning depends on who you ask. Integrity Matters, an organization that regularly lobbies concerning development in Colorado Springs sent a press release via email to many community members on Tuesday. The press release draws concern with a 34% vacancy rate in downtown Colorado Springs, citing data from the Downtown Development Authority. They call it “alarming” and say it “signals overbuilding.” For this reason, the organization calls for a moratorium on all new residential building projects downtown.