McWHINNEY and the Centerra Metropolitan District Complete First Regional Transportation Improvement
LOVELAND, CO – October 15, 2007 – Starting October 18th, drivers can take a new north-south route from Windsor to Loveland. McWHINNEY and the Centerra Metropolitan District are pleased to announce the construction completion of a 1.5 mile stretch of Centerra Parkway (County Road 5) from Highway 34 north to Crossroads Boulevard. This 1.5 mile connection to County Road 5 creates a 14-mile parallel arterial route east of Interstate 25 from Highway 34 north to Highway 14 in Fort Collins.
All are invited to attend the official opening of Centerra Parkway and a ribbon-cutting ceremony commemorating the event on Thursday, October 18 at 10 a.m. The ceremony will take place at the stage plaza on the north end of Chapungu Sculpture Park, located behind Macy’s at The Promenade Shops at Centerra.
Following the ceremony, public officials, community members, and other “trailblazing” friends will take a ribbon-cutting ride under the newly constructed Union Pacific Underpass through Centerra Parkway, officially marking the opening of Centerra’s first regional transportation improvement.
With the Centerra connection complete, Northern Colorado drivers can enjoy a safer, more convenient alternative to I-25 when traveling between Loveland, Fort Collins, and Windsor.
“The Centerra Parkway connection will allow for greater connectivity, convenience, and overall safety by diverting in-town traffic away from the interstate,” said Rocky Scott, President of Centerra, McWHINNEY.
This regional transportation improvement was made possible through a partnership between McWHINNEY, the Centerra Metropolitan District, and the City of Loveland. The Master Financing Agreement (MFA) between these entities allows sales tax and property tax revenue collected at Centerra to be reinvested in public improvements. The Centerra Metropolitan District funded the $4 million railroad underpass while McWHINNEY advanced the funding for the $8 million roadway improvements.
Due to the absence of federal, state and regional funding for major road and highway projects, the Centerra Parkway project, and the MFA-supported improvements to the I-25 interchanges at US-34 and Crossroads Boulevard are the only major congestion relief and safety improvement projects planned in Northern Colorado for the foreseeable future.
Crews instrumental to the Centerra Parkway completion include Connell Resources as General Contractor, Empire Management as Construction Managers, Ames Construction for bridge construction, Coffman and Laub, Concrete Structures, Culvert and Inlets, Son Haul, and Geisman Seeding as major sub-contractors. Northern Engineering, Earth Engineering, and GE Construction also performed work on the Centerra Parkway project.
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About McWHINNEY
McWHINNEY, headquartered in Loveland, Colorado, is a team of talented people who are passionate about creating great places for people and providing fabled service to our customers. We develop innovative and sustainable master-planned communities and vertical commercial and mixed use projects. Since 1991, McWHINNEY has planned and developed more than 5,000 acres in several master-planned communities and over 3.3 million square feet of vertical commercial and mixed-use properties throughout the Rocky Mountain region and on the West Coast. For additional information, visit www.mcwhinney.com.
