This story first ran on BizWest.com, a BusinessDen news partner. LOVELAND — A commercial real estate manager in Miami acquired the former Davidson-Gebhardt Chevrolet dealership in central Loveland late last week for just more than $10.44 million as the site moves toward reopening as a maintenance facility for vehicles made by Tesla Inc. (Nasdaq: TSLA)…. Read more »
The store will be Starbucks’ second along South College Avenue, just less than 2.5 miles south of its existing location at 1708 S. College Ave.
A judge has ordered Alfalfa’s Market Inc. and founder Mark Retzloff to pay just more than $1.4 million to fulfill a loan taken out to cover the cost of opening the grocery’s Louisville store, the last location that the struggling market has open.
Fourteen percent of direct employees within its membership were laid off in 2020.
The suit compounds the Market’s recent struggles. Alfalfa’s announced two weeks ago that it would close its flagship store in Boulder, marking an end to one of the original natural-foods grocers that would set a path for Boulder’s eventual dominance as a natural and organic foods hub.
This marks the second time the shopping district has faced foreclosure. It was placed up for auction in 2009 and was acquired by a subsidiary of former lender KeyBank for $85 million.
“People like to be in social settings, but the place has to be conducive to that. And over time, Foothills mall has lost the shopping experience and isn’t really what people are looking for anymore.”
In filings made last week in Larimer County District Court, the Loveland-based McWhinney was approved to purchase the property in Midtown Fort Collins. The sale price was not disclosed.
In a statement Wednesday morning, the company said it will repurpose its location in Brighton as a headquarters for the U.S. arm of its tooling business and cut production of turbine blades and nacelles at that location.
The rebrand plans had called for a taproom in the city from the beginning and wanted to have its doors open by last summer, but the COVID-19 pandemic and its ongoing restrictions on public gatherings scuttled those plans.