Economy & Economic Development May 12, 2020 8:49:22 pm

Jax closes on Loveland Kmart property for $5M

LOVELAND — Jax Inc. has completed its purchase of the former Kmart location at 2665 W. Eisenhower Blvd. in Loveland and has begun work toward an Aug. 1 opening of the new location.

Jax used subsidiary Jax Loveland West LLC to purchase the property on April 24 for $5 million from AKMS LP, the previous owner. Jax will retain its existing store at 910 E. Eisenhower Blvd. but will convert that store to a farm specialty store, said Jax president Jim Quinlan.

The new store will be “a full-line Jax,” he told BizWest.…

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Ken Amundson

Ken Amundson retired from his position as managing editor of BizWest in May 2024 but has come back on a limited basis to report business news in Northern Colorado and the Boulder Valley. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes north of Denver. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.