ARCHIVED  April 1, 1999

Partners plan business park for Cheyenne

CHEYENNE – Cheyenne LEADS has teamed with three private real estate professionals from Colorado’s Northern Front Range to develop a major multi-use commercial/industrial development in the Cheyenne Business Parkway.

The Cheyenne Technology Center is planned as a 100,000-square-foot commercial/assembly/distribution/light manufacturing complex that will help fill a gap in efforts to recruit new businesses to Cheyenne, said LEADS president Jack Crews.

“There is a definite shortage of existing commercial/industrial-type facilities in the Cheyenne area, which hampers LEADS’ recruitment efforts,” Crews said in announcing the development. “We knew we had to make something happen to create an inventory of available space.”

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Construction is scheduled to start in April on the first of four phases, a 21,240-square-foot building, with completion slated for August. The first tenant will be a regional Frito-Lay distribution center, which will occupy 5,000 square feet, and the developers hope to have the first building leased by the time it opens.

The building will be built and managed by Cheyenne Technology Center, a limited liability company formed by LEADS and private developers Mark Casey of Niwot, Bill Stashak of Fort Collins and Paul Hoffman of Fort Collins and Laramie.

Casey’s firm, Casey Partners, has extensive experience with major real estate developers. Stashak, of Stashak & Associates, is an architect who also has worked with major developers. Hoffman owns Delta Construction in Laramie and Fort Collins and will handle construction. Cheyenne LEADS is the Cheyenne-Laramie County economic-development corporation.

Crews said the three private partners have “exceptional technical skills” and “are deeply involved in regional development activities and are heavily networked into the Front Range business community.”

Casey, the managing partner, said that based on their experience, the partners believe Cheyenne is “perfectly situated to support carefully planned, quality business growth.”

“We sense tremendous opportunity in this community,” Casey said.

Total project cost will be about $1 million, Crews said. Financing is by Community First National Bank in Cheyenne and Frontier Community Development Corp. in Casper.

The Cheyenne Technology Center will feature extensive landscaping and a truck court hidden from street view. It will join companies such as Sierra Trading Post, Quark Inc., Rex and EchoStar Communications Corp. in the Cheyenne Business Parkway, just off Interstate 80 on Cheyenne’s southeast side.

CHEYENNE – Cheyenne LEADS has teamed with three private real estate professionals from Colorado’s Northern Front Range to develop a major multi-use commercial/industrial development in the Cheyenne Business Parkway.

The Cheyenne Technology Center is planned as a 100,000-square-foot commercial/assembly/distribution/light manufacturing complex that will help fill a gap in efforts to recruit new businesses to Cheyenne, said LEADS president Jack Crews.

“There is a definite shortage of existing commercial/industrial-type facilities in the Cheyenne area, which hampers LEADS’ recruitment efforts,” Crews said in announcing the development. “We knew we had to make something happen to create an inventory of available space.”

Construction is scheduled to…

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