Demand for ownership of real estate at Centerra has been so strong that until now ownership has been reserved for large users, such as the Medical Center of the Rockies. The office-condos are "possibly the best investment opportunity in Northern Colorado, since Troy and Chad McWhinney's great-grandfather secured his first land grant from US President Andrew Jackson in 1866," says Ron Kuehl, vice president of real estate for McWhinney Enterprises. "We have heard from our clients that this is the product type they want to own and we feel it is important to listen to your customers."
The community will be made up of four buildings totaling 56,000 sf. With each building at 13,000 sf to 16,000 sf, the two-story towers will be divisible into suites as small as 2,000 sf. The condominiums will feature prairie-style architecture, utilizing masonry and stone finishes. There will also be shared parking at a ratio of four spaces per 1,000 sf.
McWhinney chose the location of the project to best serve the needs of anticipated office users, Kuehl says. The condominiums are near the Promenade Shops, a new lifestyle retail center; the Marketplace retail center; Medical Center of the Rockies; and three hotels.
Aller Lingle Architects, PC provided design services on the project. McWhinney hired BHA Design for planning and landscaping, and Tait & Associates for civil engineering. A selective bid will go out in March for a general contractor.
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