The Loveland City Council voted Tuesday in favor of spending about $628,000 more in order to complete the downtown Foundry project.
But, contrary to the report prepared for council by city staff, the project’s developer told council the additional costs are not as much due to increasing costs of construction as they are about a widening scope of the project.
The intention is to “keep the Foundry feel” while staying in budget, said Brinkman president Jay Hardy.
SHARE THIS POST
NEWSLETTER SIGN UP
RECENT NEWS
October 1, 2024
The Brinkman Report – Episode 6
August 29, 2024
The Brinkman Report – Episode 5
August 29, 2024
Brinkman Real Estate Quarterly Update – Q3 2024
A PROVEN TRACK RECORD OF INVESTMENT
UNION POINTE
Longmont, CO
This 256-unit multi-family project traded for a record price in the Longmont market.
EVERSAGE APARTMENTS
Payson, UT
Our team executed unprecedented deal terms on this 168-unit complex located within the fastest-growing region of the Greater Salt Lake Area.
KING WEST ONE
Billings, MT
This 128-unit acquisition maximizes on the forward momentum of the Billings market and the operational upside of the property.
Comprehensive Real Estate Services
We have deep expertise in all aspects of real estate investment, from acquisition to asset management and everything in between.