Ditch work to begin at mall site Jan. 20

FORT COLLINS – After months of negotiation that stalled the redevelopment process for the Foothills mall, Fort Collins residents will being seeing progress at the site on Jan. 20, as work begins on the relocation of a ditch on the property.

Late last year, Tres Margaritas at 3400 S. College Ave. was demolished in order to make way for a new building that will house Sears once it moves out of the mall. The ground at that site will be cleared beginning immediately to make way for new construction, according to Russ Rizzo, spokesperson for mall owner Alberta Development Partners.

Inside the mall, framing for a mechanical and electric room will begin, and a new space for the Buckle, an existing Foothills retailer, will be completed in time for the retailer to occupy it in early May, Rizzo said.

The existing Victoria’s Secret will relocate to a temporary location in order to make way for the construction of the redeveloped mall’s grand court, Rizzo said.

More information will be available when the agreement between the city and the developer is signed, which could happen as early as today, according to Rizzo. The $53 million revised redevelopment and reimbursement agreement between the two parties was approved by city council Tuesday night.

More information on tenants in the mall is expected to trickle in as agreements with those tenants are finalized, Rizzo said. Confirmation of many tenants was dependent upon the agreement with the city.

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Molly Armbrister covers real estate, banking and health care for the Northern Colorado Business Report. She can be reached at 970-232-3139, marmbrister@ncbr.com or twitter.com/MArmbristerNCBR

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