A project that could see the construction of nearly 1,500 homes in the northern Colorado city of Loveland is on the verge of receiving crucial official support.
Known as Centerra South, the project belongs to the Denver-based McWhinney company and will see the ultimate building of up to 700,000 square feet of mixed-use structures on 3,000 acres of farmland off Interstate 25.
The McWhinney company, which was launched in 1991 and specializes in real estate development, investment, and management, envisions the project as a kind of village onto itself, populated with tree-lined streets, a full-service boutique hotel, and a children’s museum.
That museum is the Children’s Museum of Northern Colorado, which last month announced its intention to build an innovative, immersive facility geared for children 10 years of age and younger at the site.
According to city documents, Centerra South will also feature up to 18,000 square feet of facility space to be used for public meetings, and both multifamily and townhome construction.
Opposition to Centerra South has been voiced by those questioning the public-private partnership component of the project, which will likely see the City of Loveland absorbing the cost of the initial roads and utilities construction.
If the project secures the official approval of the Loveland City Council, work on the massive master-planned community could begin later this year.
By Garry Boulard
