Woodbury would like to announce the development of the Gallery Flats multifamily property in Loveland, Colorado through its affiliate Woodbury Strategic Partners and development partner Brinkman Partners.
The project has 66 units of market rental apartments. Also included in the development are four live/work loft units at street level fronting Lincoln Avenue.
Loveland is located approximately 40 miles north of Denver. The project will serve the greater northern front range by providing much needed housing alternatives for many residents and employees of the neighboring communities such as Fort Collins and Boulder.The City of Loveland has provided developer incentives to WSP to encourage redevelopment in their historic downtown core. The incentives come in the form of a reduced land valuation and TIF rebates.
WSP has formed a partnership with Brinkman Partners, a local development and construction company located in Fort Collins, CO.