Seeking to fill the void left by the sudden exit of the ACE technology manufacturing park developer, Loveland officials on Tuesday launched the search for a successor.
And the price for the four buildings, totaling 812,000 square feet, and developable land at the Agilent Technologies Inc. campus has risen to $5 million, provided an interested developer closes a deal on the property by Feb. 1.
Terms described in the city’s request for proposals reflect a new strategy the city adopted when Minneapolis-based United Properties bowed out of the ACE project last week.
A similar pitch for development proposals was issued in February, as part of the city’s bid to land the Aerospace Clean Energy Manufacturing and Innovation Park that is jointly sponsored by NASA and the Colorado Association for Manufacturing and Technology (CAMT).
But that was before CAMT officially identified Loveland as the location for the ACE park, and months before the city bought the property from Agilent for $5.5 million. Read the rest of this report at .
