Retail center in store for Wellington

WELLINGTON – A Fort Collins commercial real estate broker is stepping onto new ground and tearing it up, as he becomes a first-time developer.

Ron Young, managing broker for Re/Max First Commercial, is on the verge of purchasing 130 acres of land that’s currently platted for residential development in Wellington. Young is the managing member for an investment group, which intends to transform 23.4 acres from the purchase into a shopping center with an initial value of $4.2 million. The center will consist of 10 separate buildings with 196,000 square feet of retail space.

The shopping center, part of the…