FORT COLLINS, Colo. — Some businesses inside Fort Collins’ famous Old Town say they are having a tough time surviving amid an uncertain U.S. economy and rising property taxes that have some moving to new locations.

“There's a big expense starting over, and the risk is the location,” Cherilee Blubaugh, owner of the Elegant Pear said, which is moving from its store in Old Town to a new one on the east side of Fort Collins. “You know, I'm going from tons of foot traffic in Old Town to this very different and unique shopping experience of a totally different clientele and being more intentional to come and find me.”

Blubaugh is just the latest owner to shutter her doors in Old Town.

Last summer, Everyday Joe’s, a 20-year Old Town classic closed its doors for good due to high rent. Then, the

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