Boulder developer set to break ground in Fort Collins

FORT COLLINS – Having cleared its last remaining financial and logistical hurdles, a downtown Fort Collins housing-and-retail project larger than all other recent developments combined is headed toward a December groundbreaking.

The Boulder-based developers of the Penny Flats mixed commercial and residential project, with 147 residences for sale and nearly 30,000 square feet of retail and office space, said they are encouraged by early interest from prospective buyers.

“I think we’re bringing a pretty unique product to the market, and that’s going to drive the interest,´ said John Koval, development director of Coburn Development Inc., which emerged as the project’s steward after…