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HomeMy WebLinkAboutFEEDER SUPPLY - FDP - FDP130039 - MEDIA -4' River District project takes shape at Feeders Supply Work on new apartments, restaurant in Old Town slated to begin April l , By Pat Ferrier ') ) y' 1 y PatFerrier@coloradoan.com Work will begin around April 1 on 54 apartments in the Poudre River Dis- trict, followed by the renovation of a longtime feed supply store into a restaurant/pub and other business- es. Northern Colorado Feeders Sup- ply, 359 Linden St., is expected to re- locate by May or June, a month or two after developer Jon Prouty of Lagunitas Co. purchases the 103- year-old building. Before the build- ing is renovated and expanded, an industrial -mill -style apartment building will go up at the north end of the property fronting on Willow Street. Apartments should be ready for occupancy early next year. Construction on the restaurant/ pub will occur in phase 2, after the apartments are finished, Prouty said. Bordered by Linden Street on the west and Willow Street on the north, the project sits on nearly 1.2 acres in the Old Town National Historic Dis- trict and Poudre River District, one block from Old Town. The city of Fort Collins and Prouty have big plans to help the river district, with its trio of breweries, become a desti- nation place, extending the intimate feel of Old Town across Jefferson Street. Prouty has often referred to the feeders supply building, with its parapet walls, metal gable roof, and classic facade as an "architectural jewel." "Our goal architecturally is to make a unique statement that is ap- propriate related to Willow Street's industrial heritage and its inclusion in a national historic district as well as in the Fort Collins River Dis- trict," Prouty said. The mill's interior will be re- tained, creating a ground -level din- ing room with a 9-foot ceiling and massive post -and -beam construc- tion that supported hundreds of tons of grain above. Partitions between grain bins on the second level will be removed to create a banquet/confer- ence room. Four small structurally deficient buildings on the west will be razed and replaced by a new addi- tion set back from the main mill. The Feeder Supply project is the latest in a series of projects ap- proved or proposed for the River District, including the 72-unit Lega- cy Senior Residence; Encompass Technologies office building, res- taurant and a dozen apartments; and Woodward Inc.'s expansion of its corporate headquarters and manu- nue. The project sits within the boundaries of the Downtown Devel- opment Authority, which agreed to provide up to $302,644 in tax incre- ment investment to help with fa- cade improvements and public im- provements in the right-of-way. The city is also fast tracking some conceptual designs for im- provements to Willow Street so any- thing Prouty does on his property will be consistent with the design the city adopts, said Rick Richter, director of infrastructure services for the city of Fort Collins. "It would allow developers to construct frontage that is consistent with our design," Richter said. "We will do some basic conceptual re- views for the area near Feeders Supply so when Jon's project moves forward we can feel confident it is consistent with the Willow Street design." The Fort Collins Planning and Zoning board approved Prouty's project development plan in Au- gust. It includes 23 two -bedroom units, 23 one -bedroom units and eight studio apartments, all with 700-square-feet private decks, pri- vate vehicle parking and a sports equipment alcove for storage of bikes, skis, kayaks and other equip- ment. Northern Colorado Feeder Sup- ply plans to relocate but hasn't set- tled on an exact spot. The company plans to stay in Larimer County, said co-owner Danielle Nater. "This is where our customer base is, we don't want to go too far," she said. The move is bittersweet for Nater, who's father, Dennis, has run the store for four decades. "This is a lot more than just a building. I was born and raised here. It has a lot of meaning to me. There are multiple generations that have come through here." A new 54-unit apartment building is set to be constructed next to Northern Colorado Feeders Supply at Linden and Willow streets. COURTESY OF LUGANiTAS Co. +.6., ABOUT THE APARTMENTS » Number of units: 54; 23 two -bedroom and 23 one -bedroom units; 8 studio apart- ments » Size of apartments: 850 to 1,050 square feet n Amenities: Each equipped with a 700-square-foot deck and a 20-square-foot sports -equipment alcove inside the front door for bike storage Rents: To be determined Source: Lagunitas Co. THE PROJECTS Several major projects are either pending or have been approved on the banks of the Poudre River in downtown Fort Collins. Here's a look: Lagunitas Cos., 52 apartments and restaurant/brewpub. The 102-year-old build- ing is home to Northern Colorado Feeders Supply, 359 Linden St., which plans to move if the project wins city approval. Cost: $10 million u Encompass Technologies, 418 Linden St. (known as Block 1). A 37,000-square- foot, four-story building featuring Encompass Technologies office space, a restaurant and 12 apartments. The project has won city approval. Cost: $9 million Legacy Senior Residences between Linden and Pine streets. Seventy-two one - and two -bedroom apartments for seniors age 62 and older whose incomes are be- tween 30 and 60 percent of the area's median income. The apartments are nearly complete. Cost: $15 million » CSU Engines and Energy Conversion Laboratory, 430 N. College Ave. The 65,000-square-foot expansion that will contain lab space, offices and support space. Construction is nearly complete. Cost: $18.5 million Woodward Inc., 100 acres at the corner of Lincoln and Lemay avenues. Wood- ward is expanding its corporate headquarters and manufacturing facility. Woodward plans to deed nearly 30 acres around the river back to the city of Fort Collins. Con- struction is underway. Cost: $200 million.