Government & Politics  October 9, 2023

Larimer may commit 65% of tax increment to Centerra South

The new site plan for Centerra South shows the grocer in the upper right, retail down the spine with a central green area bordered by an office complex (in blue), hospitality, and multi-family housing. The ring of housing to the far right, or east of the property, would likely be the first to be built. The red barn structure is labeled “retail” in this drawing, adjacent to the central green. Courtesy McWhinney.
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LOVELAND — Centerra South, the new mixed-use commercial and residential development across U.S. Highway 34 — Eisenhower Boulevard — from the existing Centerra, may get a boost of additional tax incremental revenue if the Larimer County Board of Commissioners concurs with a draft intergovernmental agreement on Tuesday.

The property that its developer, McWhinney Real Estate Services Inc., has said will include a Whole Foods grocery store, a large yet-unidentified employer, and numerous retail establishments that don’t exist elsewhere in Loveland, was the subject of numerous meetings over the summer as the Loveland City Council and the Loveland Urban Renewal Authority argued…

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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.
Categories: Today's News Government & Politics Larimer County Loveland Real Estate & Construction Taxes Centerra South Larimer County Board of Commissioners McWhinney Real Estate Services Inc.
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