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July - 2012 Edition: Some information may be out of date.

Foothills Mall Acquired by New Investors, Major Revitalization Planned

Affiliates of Walton Street Capital, a private equity real estate investment firm, and Alberta Development Partners, a Denver-based real estate acquisition, development and investment firm, recently announced a joint-venture acquisition of the Foothills Mall.

“This is exciting news for the residents of Fort Collins,” said Karen Weitkunat, Mayor of Fort Collins. “We are delighted to welcome Walton Street Capital and Alberta
Development Partners into our community as they redevelop and renew the vision and the economic potential of the Foothills Mall."

Over the next several months, developers will work with numerous City departments to flesh out redevelopment plans and improvements to the site including stormwater drainage, enhanced access points and physical site changes.

Read the full news release at http://www.fcgov.com/news/index.php?id=4387.