Real Estate & Construction  April 11, 2016

High Country Beverage buys land for new HQ in Johnstown

JOHNSTOWN — High Country Beverage Corp. will build a headquarters and beverage distribution center at 2534 in Johnstown, a 600-acre mixed-use development at the southeast corner of Interstate 25 and U.S. Highway 34.

High Country Beverage will move and consolidate about 110 employees at three locations in Northern Colorado — two in Loveland and one in Fort Collins — at its new facility in the fast-growing mixed-use development south of Centerra.

Steve Nichols, president of High Country Beverage, said the company will continue to operate facilities in Grand Junction and Montrose.

SPONSORED CONTENT

How dispatchable resources enable the clean energy transition

Platte River must prepare for the retirement of 431 megawatts (MW) of dispatchable, coal-fired generation by the end of the decade and address more frequent extreme weather events that can bring dark calms (periods when there is no sun or wind).

High Country paid $2.7 million to entities related to Gerrard Development Corp. for two parcels totaling 16 acres at 4200 Ronald Reagan Blvd., according to public records.

High Country plans to construct a 130,000-square-foot warehouse, distribution and office facility that will support its growth. St. Louis-based Arco Construction Co. Inc. will design and build the facility, Nichols said.

High Country’s product portfolio includes MillerCoors, Constellation, Heineken USA, Pabst, New Belgium Brewing, Boston Beer, Oskar Blues and Mike’s Hard Lemonade and numerous other beverages.

“We are very fortunate to be in the beer business in Northern Colorado,” Nichols said. “This new facility gives us the opportunity to get all of our employees under the same roof again. We know that this facility will also help us improve our quality procedures and customer service.”

Gary Gerrard, president of Gerrard Development Corp., said High Country’s “high-quality people, facility and corporate citizenship makes them precisely the type of company that we were looking for to catalyze a Class A industrial park at 2534.”

Ryan Schafer and Jake Hallauer of Chrisland Real Estate Cos. brokered the deal.

The development has been gaining momentum is recent months with the addition of a 250,000-square-foot Scheels sporting goods, a 254-unit luxury apartment complex by AG Spanos Cos., Liberty Fire Arms and single-family homes at Thompson Crossing, all under construction.

Sign up for BizWest Daily Alerts