Strauss Troy client, the City of Loveland celebrated the groundbreaking of Loveland Station in late 2014. The $12 million project will include premier mixed use residential and retail development in the heart of the Loveland Historic Downtown District. The project is being developed by River Trails Flats, LLC.
According to the city’s website, Loveland City Council approved the development agreement and the transfer of downtown property to River Trails Flats, LLC, thus paving the way for the Loveland Station to commence.
The project includes 94 low-rise luxury apartments and 15,000 square feet of upscale retail and commercial space. The commercial space will be completed during the summer of 2015 with all residential spaces to be completed by December of 2015.
“Realization of this project represents years of hard work and cooperation from both the public and private sectors and cements Loveland’s reputation as an attractive destination,” said Loveland City Manager David Kennedy. The development will provide new patrons for existing businesses, expand residential offerings for young professionals and empty nesters, and generate additional jobs and tax revenues for the city.
“We also want to take this opportunity to thank the many longtime retailers, restaurants and other businesses already operating in Downtown Loveland who contribute daily to Loveland’s energy and quality of life,” said Mayor Linda Cox. “Loveland Station is a key component of the city’s ongoing comprehensive revitalization program and a harbinger of many more good things to come.”