 It lies along U.S. Highway 24 northwest of Colorado Springs, and several miles north of Florissant Fossil Beds National Monument.About northwest of Colorado Springs and northwest of Florissant, the town of Lake George was established in 1891 as a railroad stop for the Colorado Midland Railway (CM) which had been completed in 1887.The town and nearby lake—to its west and fed by the South Platte River—The man made lake was built by George Frost for the purpose of supplying ice to the railroad.