Real Estate & Construction  October 4, 2023

Loveland council ratifies Centerra South financial arrangement

This rendering, looking northeast, shows the museum concept, hotel and, on right, the office building complex, all built around the center green. Courtesy McWhinney.
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LOVELAND — In what might be described as a confusing discussion and vote, the Loveland City Council Tuesday night re-approved, or ratified, the financial agreement that it had already approved in May to pay for infrastructure in the Centerra South Urban Renewal Area.

The reason: The city is anticipating that Larimer County, which previously declined to participate in the financial plan for the development of Centerra South, may now agree to participate.

But it hasn’t yet. The county is scheduled to vote on Oct. 10 on an undisclosed plan to add some county tax revenue to the plan. City and county…

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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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