Announcement set for ACE park developer
LOVELAND - A special Loveland City Council meeting will be held at 4 p.m. to reveal details of a partnership between the Colorado Association for Manufacturing and Technology and a Minnesota real estate and investment company to develop the ACE high-tech park in Loveland.
United Properties of Minneapolis will partner in developing the Aerospace Clean Energy Manufacturing and Innovation Park on the former Agilent Technologies campus in southwest Loveland.
Betsey Hale, Loveland's business development manager, said the choice of United Properties was the right one. "CAMT worked very hard to select United, and I think United shares their vision and has done properties similar to this in Minnesota," she said. "I think CAMT did a diligent job in selecting the right development partner."
United Properties is a family-owned company founded in 1916 to manage real estate holdings of Hamms Brewing Co. Hale said the company's owner, Carl Pohland, is a "hugely successful entrepreneur" who also at one time owned the Minnesota Twins baseball team.
Hale said the company has a Denver office and a strong Colorado presence with projects built across the state, including the Coors Tech Center in Golden and the Mountain West Business Park now under construction in Littleton.
"Their presence in Colorado is really significant and they have a significant amount of investment in Denver and Colorado Springs," she said.
Hale also noted that the Pohland Foundation is a strong supporter and investor in the arts. "The fit with our (artistic) creatives in Loveland is a great one," she said. "They're also really big in community giving, with lots of scholarship programs."
The 4 p.m. meeting in Loveland City Hall's council chamber is open to the public and is expected to include a number of dignitaries, including state and county elected officials and representatives of U.S. Senator Mark Udall and U.S. Congressman Cory Gardner's offices.
It's expected that up to 100 manufacturers will occupy the ACE campus, commercializing patents for new technologies held by NASA and the National Renewable Energy Laboratory in Golden.
The 360-acre Loveland Agilent site was selected for the ACE park location after an exhaustive three-month statewide search.
More breaking news...
Builders: ‘Green’ codes mean high up-front costs
Fort Collins eyes housing affordability
State Farm campus ownership changes, again
House OKs higher fines for oil companies