The development team at Generator has had a busy summer. One of the huge benefits of being a small but powerful team like Generator is that we can play many different roles in a development opportunity. There have been many new projects added to the schedule since our last update to the blog and we are excited to share them!
As often happens, some projects have moved inches and some miles. For the site in Lyons, we are planning a mixed-use development on a 7-acre parcel at the former site of the Longmont Water Treatment Plant. Since the last update, we have hired Tres Birds Workshop to begin master planning of the site in Lyons. Additionally, we are engaged in plans for river restoration and are actively pursuing opportunities for grant assistance for the restoration work.
As for the newest location of Illegal Pete’s, the scope of the project has shifted. Several months ago, we heard that instead of just another location, they were interested in making the west Colfax location a flagship store. Due to this change, together we decided that the next step is to sell Illegal Pete’s the property. They currently have the property under contract and we expect to close in the next 30 days.
Moving on to the new projects! The first is the Sugarmill Factory. There is a property in Longmont which served as a regional sugar beet processing factory from approximately 1903 – 1975. We have been exploring adaptive reuse development opportunities for the site in conjunction with St. Charles Town Company. They currently have the property under contract. Once described as the “Mother of Longmont” this site is a tremendous opportunity. We hope to create a master-planned development including residential, mixed-use, and open space. While still in the initial planning phase, we are excited about the potential of this site.
Next up is GubGub’s Pizza. Generator Development purchased an old gas station on the main street of Walsenburg, CO. We are collaborating with former Little Man Ice Cream employee and member of the extended Generator Family, Helena Cappon to create GubGub’s Pizza and Ice Cream on the site. Helena and her fiancé Thomas Orr will lease the space and run the business. The architectural drawings are complete. General contractor interviews have begun. We’re optimistic that construction will start in the coming months and shoot for an opening date next spring.
While the scope of these projects can always change, we enjoy sharing the process as our work in and around Denver takes shape. Continue checking back and we’ll update you as these projects move forward.