Loveland council approves incentive for IMAX
LOVELAND — Owners of the Metrolux Theatres in Loveland will be able to build an IMAX theater in the Promenade Shops theater complex with support from the city as a result of a city council vote Tuesday night.
The council voted 7-2 to support a proposal that commits a $200,000 cash incentive and up to $50,000 in waivers of building-permit fees and construction-use taxes.
Kelly Jones, economic development director for the city, told the council that the proposal fits both with the city’s five-year economic development strategy and the Visit Loveland three-year strategy. In responding to…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!
Related Posts
-
Broomfield won the Large Community of the Year Award this month during the Economic Development…
-
Airplane manufacturer Boeing will eliminate 63 jobs across Colorado operations in Arapahoe, Denver, El Paso…
-
LOVELAND — The Stinging Nettle has taken up residence in downtown, filling a hole recently…
-
Colorado’s seasonally adjusted unemployment rate rose one-tenth of a percentage point between September and October…
