Blue Ocean Holdings acquires property east of The Foundry

LOVELAND — Blue Ocean Holdings in Fort Collins recently acquired land across the street from The Foundry in Loveland that it plans to redevelop.

Blue Ocean Holdings paid the John Ownby Exemption Trust $1.7 million for 300 and 312 N. Lincoln Ave. The two properties are east of The Foundry, a mixed-use project under construction that is a public-private partnership between the city of Loveland and Fort Collins-based developer Brinkman. The two lots are directly east of where the Foundry Theater is being constructed.

Phil Hodgkinson, general manager for Blue Ocean Real Estate Management, said plans…