LOVELAND — As more national retailers retrench, file for bankruptcy, or close in the face of soaring internet competition, Northern Colorado developers plan to build more than a million square feet of new retail space on both sides of Interstate 25 in Loveland.
The proposals represent a big footprint in an area already saturated with big-box retailers, chain restaurants and niche shops. But McWhinney, Inc., and Water Valley’s Martin Lind are doubling down that Northern Colorado’s sustained growth will fuel their development march toward I-25.
“With all due respect to Fort Collins, Greeley, Loveland and Windsor, none of those cities independently can support what we’re talking about,” said Lind, who has proposed more than 2 million square feet of new development on both sides of I-25 near Crossroads Boulevard.
But with each city growing toward the interstate, Lind said, “we have a location that can support pretty exciting things.”
Lind’s “The Brands” project includes more than 1 million square feet of new retail space, two hotels, office space, 580 apartments and an IMAX theater.
Meanwhile, Loveland-based McWhinney — which dominated development at I-25 and U.S. Highway 34 for decades — has its own plans for vacant land on both sides of the interstate, including at least two hotels and new retail and residential space near the Promenade Shops at Centerra.Back to News