Turkey Plant Re-Development [Pics]

by Osman Parvez
----
Demolition at the former Butterball/ConAgra plant in downtown Longmont continues.  As discussed previously, this 27.5 acre development is a massive indicator that Longmont is set for significant and rapid change. 

The mixed use development will feature 250-300 residential units, commercial, and industrial spaces.    Wibby brewing space for an 8,300 SF brewery next door which will include a substantial taproom and outdoor patio.    Plans are not yet final but the litigation cloud that slowed the process has been lifted. 

Here's a few pics from our photo set.   Here's our development map.






Other indicators of growth for Longmont include Whole Foods, Lucky's, municipal utilities including fiber, and rapidly rising home prices in certain neighborhoods.    For now, Longmont remains an affordable alternative to Boulder. 


----
Like this analysis?    Subscribe to our client research report.     
Want to get blog updates via email?  Click HERE.       
Ready to buy or sell?  Schedule an appointment or call 303.746.6896. 
You can also like our Facebook page or follow us on Twitter.

As always, your referrals are deeply appreciated.  

--
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties.   We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate. 

Please Note

This document contains forward-looking statements. You are strongly cautioned that investment results are subject to business, economic and other uncertainties. There are no guarantees associated with any forecast and the opinions stated here are subject to change at any time. Always consult your financial advisor before making an investment decision.