A major milestone in redeveloping North College Avenue was reached this month when Loveland Commercial and the City of Fort Collins entered into an urban renewal authority agreement. The northeast corner of Willox and North College Avenue will be a signature new development and will spur other redevelopment along the North College corridor.
Loveland Commercial, the new development and the local residents will benefit from the nearly $8 million in tax-increment financing to build streets, lay underground utilities, and mitigate wetlands. These improvements are needed to move the development forward. The North College Marketplace will be anchored by the largest King Soopers in the city and an assortment of smaller retail and service businesses.