Martin Lind, who developed Water Valley in Windsor, has announced a new project in east Loveland. The Brands at the Ranch would include retail, a 12-screen movie theater, 825 apartments, two hotels, an Olympic pool, three ice rinks and two themed restaurant attractions just south of The Ranch. The construction could begin in early 2017.
Lind said his company has been negotiating with Loveland on the possibility of incentives to help develop the project. More than a year ago, the Loveland City Council approved a metropolitan district for the area to pay for public improvements through a property tax levy. The site already has the appropriate zoning and will need to go through the City’s site planning and platting processes. Note: While condos would be preferable from our industry’s perspective, it appears developers remain wary in spite of the local construction defects ordinance approved by the City Council earlier this year.