Loveland's 80 MPH main street: following the McWhinney brothers, other developers flock to Interstate 25.
BARELY NINE YEARS AGO, THE INTERSECTION OF INTERSTATE 25 AND U.S. HIGHWAY 34 in Loveland was a sea of farmland punctuated by a newly opened Outlet Mall An outlet mall (or outlet centre) is a type of shopping mall, in which manufacturers sell their products directly to the public through their own branded stores. Clothing, sporting goods, electrical products, cosmetics, and toys are among the types of items sold at outlet . The family that owned the land around the mall since 1866 had just lost its patriarch patriarch, in the Bible
patriarch (pā`trēärk), in biblical tradition, one of the antediluvian progenitors of the race as given in Genesis (e.g., Seth) or one of the ancestors of the Jews (e.g. to cancer, and two of his sons--both barely in their 20s--would take over their father's fledgling development company and grow the business into a major player in Colorado real estate development.
The McWhinney brothers' Centerra project is now the fastest growing and most successful development in the city of Loveland, and the most prominent project along 1-25 between E-470 in north metro Denver and the Wyoming border. While McWhinney Enterprises controls most of the land around the intersection, its success has attracted other commercial and residential developers, creating a growth and tax-revenue bonanza for Loveland and its 63,000 residents.
In essence, it has made 1-25 Loveland's main street.
"Even small shops like The Lighting Shop have display windows facing 1-25," said Greg George, director of planning for the City of Loveland. "It seems crazy to be going 80 miles per hour and trying to pick out a light fixture, but that's what's going on What's Going On is a record by American soul singer Marvin Gaye. Released on May 21, 1971 (see 1971 in music), What's Going On reflected the beginning of a new trend in soul music. ."
George said about half of the developable land in Centerra and surrounding area has been spoken for, and Loveland has annex an·nex
tr.v. an·nexed, an·nex·ing, an·nex·es
1. To append or attach, especially to a larger or more significant thing.
2. plans for most of the other parcels with development written on them. "There is still a lot of vacant land east of 1-25. All of that land will be annexed into the city of Loveland," George said. "There has been a lot of pressure put on local government to keep up with commerce. It's amazing a·maze
v. a·mazed, a·maz·ing, a·maz·es
1. To affect with great wonder; astonish. See Synonyms at surprise.
2. Obsolete To bewilder; perplex.
v.intr. that our poor little building department has kept up with all of this growth."
Loveland's population grew 12.8 percent from 2000 to 2004, more than double that of Fort Collins and Larimer County as a whole, while adjacent Weld County grew more than 20 percent, with 543,000 people living within 20 miles. Surprisingly, neighboring neigh·bor
1. One who lives near or next to another.
2. A person, place, or thing adjacent to or located near another.
3. A fellow human.
4. Used as a form of familiar address.
v. Fort Collins has yet to reap some of the developer's love that has been heaped upon Loveland's northeast corner, though the larger Northern Colorado college town--and other nearby communities--have tried.
Four different developers with land offerings in the region were once in the running for a new lifestyle center similar to Flatirons Crossing in Broomfield. While Fort Collins touted its big population of CSU See DSU/CSU.
1. CSU - California State University.
2. CSU - Cleveland State University.
3. CSU - Channel Service Unit. student shoppers, it couldn't match Centerra's shiny master-planned look, proximity to the highway, and potential for growth.
In 2004, Memphis-based Poag & McEwen Lifestyle Centers opened its 700,000-square-foot Promenade Shops at Centerra in Loveland, with about half of the project already leased and a healthy collection of big-name anchor tenants included.
"We opened with about 40 tenants, we had another 15 opened within a few months," said Terry McEwen, president of Poag & McEwen. "There was definitely a demand for it, and, overall, sales are exceeding expectations."
While Loveland's Greg George says that Centerra is the biggest development influence in the area, The Larimer County Fairgrounds n. pl. 1. same as fairground. and Events Center, which opened a few years ago to the north of Centerra on Highway 5, is having its own effect on growth.
The owners of Thunder Mountain Thunder Mountain can refer to:
1. pertaining to a hollow, or containing hollow spaces.
2. having a hollow sound, such as certain abnormal breath sounds. dealership across from Centerra's 75-acre Motorplex, has attracted the likes of Clear Channel Radio, Hooters This article is about the two restaurant chains collectively using the shared Hooters brand. For other uses, see Hooters (disambiguation).
Hooters is the trade name of two privately held American restaurant chains: Hooters of America, Inc based in Atlanta, Georgia, and and Hilton Hotels
In addition, several developers have snatched up land across from the fairgrounds and nearby Wal-Mart Distribution Center, and are hoping that traffic from the new medical center, Promenade Shops and other office parks, spills into their neighborhood.
So far, three separate developments are proposing another 2 million square feet of commercial development divided among retail, office and light industrial offerings, creating a hub of nearly 15 million square feet of revenue-generating real estate that census estimates show will grow Loveland to more than 120,000 people in the next decade, and push the region to a population of nearly 1 million.
LOCATION INTERSTATE 25 AND U.S. 34.
DEVELOPER/OWNER: MCWHINNEY ENTERPRISES
PHONE: (970) 593-6505
NUMBER OF HOMES: 5,000 PLANNED
PRICE RANGE: $120,000 UP TO CUSTOM ESTATE HOMES
COMMERCIAL SQUARE FEET: UP TO 10 MILLION
GROUND BREAKING: 1992
BUILD OUT: 2025
The central portion of Centerra--about 640 acres--was deeded to the great, great grandfather Noun 1. great grandfather - a father of your grandparent
great grandparent - a parent of your grandparent of the McWhinney brothers in 1860. Since the death of their father in the mid-1990s, they have parlayed that land into the largest development along 1-25 between Denver's E-470 and the Wyoming border. In addition to the three projects listed below, they are in the process of expanding their existing collection of office properties and recently bought back several hundred acres from McStain Neighborhoods and will continue their residential development.
2 MOTORPLEX AT CENTERRA
LOCATION: NORTHEAST OF 1-25 AND U.S. 34
DEVELOPER/OWNER: MCWHINNEY ENTERPRISES
PHONE: (970) 593-6505
GROUND BREAKING: N/A
BUILD OUT: N/A
Up to 14 auto dealerships may call this major intersection home with BMW BMW
in full Bayerische Motoren Werke AG
German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. . General Motors, Subaru, Chevrolet and Chrysler already establishing a presence.
3 PROMENADE SHOPS AT CENTERRA
LOCATION: 1-25 AND U.S. 34 JUST NORTH OF THE OUTLET MALL
DEVELOPER/OWNER: POAG & MCEWEN LIFESTYLE CENTERS (PARTNERED WITH MCWHINNEY ENTERPRISES)
PHONE: (901) 761-7604
COMMERCIAL SQUARE FEET: 700,000
GROUND BREAKING: AUGUST 2004
OPENED: OCTOBER 2005
Memphis-based Poag & McEwen partnered with McWhinney Enterprises on this project with McWhinney contributing the land for the project. The center opened with 40 tenants--about half of the available space--and another 15 within a few months. Much like Flatirons Crossing in Broomfield, the Promenade landed Foley's, Dick's Sporting Goods Dick's Sporting Goods (NYSE: DKS) is the largest full-line sporting goods retailer in the world. It is headquartered in Pittsburgh, Pennsylvania, USA and has locations in thirty-four states with 314 stores. , Metrolux Theaters, Barnes & Noble Booksellers and Best Buy Electronics as its major tenants.
4 FOSSIL RIDGE
LOCATION: HIGHWAY 5 ACROSS FROM THE LARIMER COUNTY FAIRGROUNDS AND EVENTS COMPLEX
DEVELOPER/OWNER: WEST WINDSOR West Windsor is the name of two places in the United States:
LLC - Logical Link Control
TELEPHONE: (970) 371-6360
GROUND BREAKING: N/A
BUILD OUT: N/A
This project is nearing the end of the city's approval process and will focus on light industrial, office, retail and other commercial development. Developers say they are waiting for Highway 5 to connect with Centerra's developments to the south.
5 MEDICAL CENTER OF THE ROCKIES Medical Center of the Rockies Medical Center of the Rockies, located at 2500 Rocky Mountain Avenue in Loveland Colorado, is the sister hospital of Poudre Valley Hospital in Fort Collins CO.
LOCATION: WEST OF PROMENADE SHOPS, SOUTH OF CLOVERLEAF DOG TRACK
DEVELOPER/OWNER: MCWHINNEY ENTERPRISES/POUDRE VALLEY HEALTH SYSTEM
COMMERCIAL SQUARE FEET: 570,000
GROUND BREAKING: APRIL April: see month. 2004
BUILD OUT: FEBRUARY 2007
The Medical Center of the Rockies is part of the nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive.
Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. Poudre Valley Heath System based in Fort Collins. The new hospital will have 136 beds on five floors and specialize in cardiac and trauma care. It will employ 890 people and generate an estimated $188 million in revenue during its first year of operations.
6 FAIRGROUNDS OFFICE PARK AND EAGLE CROSSING
LOCATION: HIGHWAY 5 AND CROSSROADS BOULEVARD IN WINDSOR
DEVELOPER/OWNER: WATER VALLEY LLC
TELEPHONE: (970) 229-9900
COMMERCIAL SQUARE FEET: APPROXIMATELY 1.2 MILLION
GROUND BREAKING: MARCH 2006
BUILD OUT: N/A
Infrastructure construction will begin this month with the first new buildings starting in late spring. Fairgrounds Office Park will focus on office and light industrial development while Eagle Crossing will build more retail, restaurant and some office.
7 THUNDER MOUNTAIN HARLEY DAVIDSON
LOCATION, CROSSROADS BOULEVARD, ACROSS FROM THE CENTERRA MOTORPLEX
DEVELOPER/OWNER: TODD AND SHELLY ERDMANN
TELEPHONE: (970) 292-0400
The Erdmanns were not available for comment, but City of Loveland planners say that the dealership's owners have attracted several developments to the land surrounding their building, including offices and broadcast studios for Clear Channel Radio, and an outdoor amphitheater amphitheater (ăm`fəthē'ətər, ăm`pə–), open structure used for the exhibition of gladiatorial contests, struggles of wild beasts, sham sea battles, and similar spectacles. ; Hooters Restaurant, and a Hilton Hotel.
WRITTEN BY STEPHEN TITUS