Innosphere buys third parcel to help with possible Powerhouse expansion

FORT COLLINS — Innovation tends to be an overused word, but a new try at expansion for Colorado State University’s Powerhouse Energy Campus could qualify as it pulls in other players and seeks city input on how to proceed.

“We’re in an ‘innovation district,’ which doesn’t exactly have a definition,” said Mike Freeman, a partner at nearby biotech accelerator and investor Innosphere Ventures, which is also involved in the envisioning of a new, four-story, 150,000-square-foot building dubbed Powerhouse 2.

Powerhouse’s first building was completed in 2014, and an initial attempt at planning a second building was filed with the city in 2018…