Real Estate & Construction  August 22, 2014

Growth in Greeley slower but steady

GREELEY — The number of building permits issued by the city of Greeley spiked last fall, exceeding 1,000 in September and 1,300 in October, but since then has calmed down to an average of about 450 permits per month.

The majority of permits are for renovations to homes and businesses and plans for single-family homes. Commercial projects valued at more than $100,000 are coming online at a much slower rate of three to five per month.

Chinook Wind Apartments, housing for low-income seniors, is going up at 6622 W. 10th St. in Greeley.

The largest commercial project during the past year is the nearly $10 million, 75,000-square-foot expansion of Texas-based Noble Energy Inc.’s Colorado headquarters office building at 2115 117th Ave. in southwest Greeley (See page 9).

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Significant commercial and industrial projects that are in the works or have been recently completed include retail shops, fast-food restaurants, medical clinics, housing for seniors and midsize hotels.

Two hotels making their way into the marketplace are a recently completed Candlewood Suites at 3530 W. 29th St. and an 81-room Homewood Suites by Hilton at 2510 46th Ave. being built by W.M. Brown Construction Corp.

Sunrise Community Health is building a medical-office building at 1010 A St., next to its dental clinic already in operation at 1012 A St. The two-story, 21,000-square-foot medical-office building, being built by F.C.I. Constructors, is valued at $2.2 million. 

Fresenius Medical Care North America, a division of Massachusetts-based Fresenius Medical Care (NYSE: FMS), a provider of products and services for people undergoing dialysis because of chronic kidney failure, has completed a 7,660-square-foot medical center at 1212 Ninth St.

Accessible Space Inc., a Minnesota-based company that provides low-income housing opportunities for adults with disabilities, is building the Chinook Wind Apartments, 60 units for seniors, at 6622 W. 10th St. Of the 60 apartments, 12 will be wheelchair accessible. The complex will feature a library, lounge, business center, computer lab and exercise facilities.

“Chinook Wind helps address the market’s need for senior-living options and provides specialized housing that goes a long way toward alleviating challenges that many seniors face in their daily lives,” said Beth Stohr, director of low-income housing tax credit investments for U.S. Bancorp Community Development Corp., U.S. Bank’s community development subsidiary.

Also, the Villa at Greeley, a 94-unit assisted-living center at 1750 Sixth St., is nearing completion.

Retail building activity has been brisk along Centerplace Drive in southeast Greeley. Fast-food restaurants Chick-fil-A, Steak ‘n’ Shake and Panera Bread, along with Ulta, a beauty salon and cosmetics retailer, are building along the drive.

Construction of the Chick-fil-A restaurant with a drive-through at 4555 Centerplace Drive by Embree Construction Group Inc. is valued at $675,000. Steak ‘n’ Shake’s restaurant at 4214 Centerplace Drive, being constructed by Fine Builders Inc. was valued at $750,000, and Panera Bread is adding to its presence in Greeley with a restaurant at 4333 Centerplace Drive. 

Roche Constructors recently completed office and warehouse space for Western Plains Seed and Garden Supply at 11407 24th St. The project was valued at $2 million.

Roche also is putting the final touches on the $7.4 million Salida del Sol Academy, a kindergarten-through-eighth-grade bilingual charter school at 111 E. 26th St.

Other recent commercial construction projects include an 18,000-square foot Goodwill store at 2510 47th St.; a 5,000-square-foot Kum & Go convenience store at 6503 29th St.; and a Family Dollar Store at 130 22nd St.

Doug Storum can be reached at 303-630-1959, 970-416-7369 or dstorum@bizwestmedia.com.

GREELEY — The number of building permits issued by the city of Greeley spiked last fall, exceeding 1,000 in September and 1,300 in October, but since then has calmed down to an average of about 450 permits per month.

The majority of permits are for renovations to homes and businesses and plans for single-family homes. Commercial projects valued at more than $100,000 are coming online at a much slower rate of three to five per month.

Chinook Wind Apartments, housing for low-income seniors, is going up at 6622…

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