The City of Loveland, Colorado embarked on a mission to redevelop an area on the southern edge of its downtown.  The city of 77,000 put up $6.5 million to acquire two blocks of properties controlled by multiple landowners.

The project, now called The Foundry, is coming to fruition complete with a public plaza and $75 million in private mixed-use investment.

In this episode, Jason interviews Mike Scholl, project manager with the City of Loveland's Economic Development Department.  Learn how the city negotiated with private landowners without the use of eminent domain.  In addition, you will hear how the city used an RFP process to recruit a new developer when the original partner fell through.

This is one story you will not want to miss.

Links:

The Foundry Project Today

The Foundry Project History