Real Estate & Construction  April 20, 2021

Berthoud soon to begin work on 2 commercial developments

BERTHOUD — Two new commercial developments will soon begin to generate sales-tax revenue for the town of Berthoud based upon recent approval of development plans.

The developments include nearly 30 acres of commercial space, and one of them also includes 7.3 acres of residential space.

First out of the chute will likely be what is now called Heron Lakes Commons, a 16-acre development at the entryway to the TPC Colorado golf course at Heron Lakes. The development is on the northwest corner of the intersection of Berthoud Parkway (Taft Avenue in Loveland) and U.S. Highway 287. The site has received master-plan approval from the town of Berthoud, according to town administrator Chris Kirk. 

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“We understand they [the developers] have letters of intent on all the parcels that they plan to develop first,” Kirk said.

Lots will be occupied by a convenience store, gas station, fast-food restaurants and retail, he said.

So far, only a McDonald’s restaurant has submitted plans for one of the lots, Kirk said. Mentioned in public meetings has been Kum & Go for the convenience store.

Developer of the site is Drake Real Estate Services Inc. of Denver.

The other commercial development also borders U.S. 287 but farther southwest. What was known locally as “the Safeway site” is now Westside Crossing. It sits on the northeast corner of U.S. 287 and Mountain Avenue, which is Berthoud’s main street.

The site was approved as a planned unit development when Safeway was looking at it for a store location. The store never came to fruition. The site split into nine small parcels that had to be reassembled, according to Scott Charpentier, who is developing the property under the corporate name Berthoud Gateway LLC.

This month, the town board approved rezoning and a neighborhood master plan for the nearly 21-acre site. About 7.3 acres on the north side of the development would be set aside for residential. The remaining 13.6 acres would be used for commercial, including a location for a big-box store, convenience store and other retail. 

Charpentier told BizWest that he as a signed letter of intent on the corner lot for a convenience store/gas station. He said he has two other letters of intent that are close to being signed for commercial lots. The property is under a neighborhood master plan, which in Berthoud’s case means that any proposed changes to the plan as approved will need to come back to the town board for approval, Kirk said.

Charpentier is looking for a buyer or tenant for the box store lot, which is large enough for a 25,000-square-foot store. It doesn’t have to be a grocery store, since Hays Market is nearby on Mountain Avenue.

© 2021 BizWest Media LLC

BERTHOUD — Two new commercial developments will soon begin to generate sales-tax revenue for the town of Berthoud based upon recent approval of development plans.

The developments include nearly 30 acres of commercial space, and one of them also includes 7.3 acres of residential space.

First out of the chute will likely be what is now called Heron Lakes Commons, a 16-acre development at the entryway to the TPC Colorado golf course at Heron Lakes. The development is on the northwest corner of the intersection of Berthoud Parkway (Taft Avenue in Loveland) and U.S. Highway 287. The site has received master-plan…

Ken Amundson
Ken Amundson is managing editor of BizWest. 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 on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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