Centerra Unveils 1M SF of Mixed Uses

(To read more about Real Estate Media’s Green Initiative, please click here.)

LOVELAND, CO-McWhinney Enterprises has unveiled plans for one million sf of shopping, dining, entertainment, hospitality, office and medical space in a LEED-certified project called Grand Station at Centerra. The development is scheduled to open in the fall of 2009 on a 60-acre site at Interstate 25 and US Route 34, just east of the Promenade Shops.

Loveland-based McWhinney lists the project as 480,000 sf of shopping, dining, and entertainment space, 145,000 sf of class A office space, 100,000 sf of medical space, 160 housing units and more than 400 hotel rooms, including meeting space. Chad McWhinney, chief executive officer and co-founder of the development firm, says that the hospitality portion of the development will include a 180-room boutique luxury property called the Hotel Valencia, a 110-room Courtyard by Marriott and a 110-room Hilton Garden Inn. The meeting space, approximately 20,000 sf, is planned at Hotel Valencia.

The development will also include a Club Colorado Fitness by Club One, which is set to open its initial location at 3755 Precision Dr. in Centerra this spring and will expand into Grand Station at Centerra with a 60,000-sf Club One. The loft-style housing at Grand Station is planned as units of one to three bedrooms, with underground parking and rooftop gardens.

Some 16 of the units will be atop Hotel Valencia, providing residents with concierge-style hotel services. A double-decker streetcar, inspired by historical trolleys in Loveland in the early 1900s, will run a half-mile route surrounding a portion of the center called Grand Square. Other features will include a 60-foot historical clock tower and a Jumbotron screen.

Baltimore-based Development Design Group Inc. is designing the project, with Greeley, CO-based Hensel Phelps Construction Co. as contractor.