Encompass Technologies closes on Block One land
The company’s new HQ at 418 Linden St. will serve as the main component in a larger project called Block One. The development will include multi-family housing, retail and a restaurant.
Encompass paid slightly more than $1 million for the land. The entire project is expected to come with a $9 million price tag.
SPONSORED CONTENT
Solar Operations and Maintenance for Commercial Properties
One key qualification to consider when selecting a solar partner to install your system is whether they have an Operations and Maintenance (O&M) or service department. Since solar is a long-term asset with an expected lifecycle of 30 plus years, ongoing O&M should be considered up front. A trusted O&M partner will maximize your system’s energy output and therefor the return on your investment.
The development drew criticism from environmental group Save the Poudre, because of its proximity to the Poudre river, but Kent and Jonathan O’Neil, the father-and-son team that founded Encompass, see the location as a draw for potential tenants and a catalyst for riverfront development.
Kyle Lundy of Sperry Van Ness brokered the land transaction.
Read more about the Block One project here.
The company’s new HQ at 418 Linden St. will serve as the main component in a larger project called Block One. The development will include multi-family housing, retail and a restaurant.
Encompass paid slightly more than $1 million for the land. The entire project is expected to come with a $9 million price tag.
The development drew criticism from environmental group Save the Poudre, because of its proximity to the Poudre river, but Kent and Jonathan O’Neil, the father-and-son team that founded Encompass, see…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!