Five developers on ACE park shortlist
LOVELAND - The city of Loveland and the Colorado Association of Manufacturing and Technology have five developers on the shortlist of candidates to help run the Aerospace and Clean Energy manufacturing park, according to media reports.
The city and the trade group are trying to establish the facility at the campus formerly occupied by Agilent Technologies Inc. CAMT said the center could be used by more than 70 companies and provide up to 10,000 jobs. Loveland bought a long-vacant portion of the campus for $5.5 million in June.
CAMT and Loveland initially signed an agreement with United Properties, a Minneapolis-based developer, to help create the center, but in August the developer withdrew from the project.
The city and CAMT have received requests for proposals from five developers, according to press reports. Three are from Colorado.
Local candidates include Loveland Commercial LLC, which is based in Loveland, Neenan Co., which is in Fort Collins, and the Broe Group, which is headquartered in Denver.
Cumberland & Western Resources, from Bowling Green, Kentucky, the Beck Group, which is headquartered in Dallas, are the other bidders.
Betsey Hale, Loveland's director of economic development, could not be reached for comment.
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By Michael Davidson
© 2001 Boulder County Business Report
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