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Northern I-25 Corridor Steaming Ahead

Posted on: Jan 25 18

by: admin

The Northern Colorado I-25 commercial real estate corridor always seems to be on the verge of taking off. “That whole northern I-25 corridor is red-hot,” according to a prominent commercial real estate consultant. She told me that in 2003, when I was the real estate editor of the Rocky Mountain News. Anyone who makes the drive from Denver to Fort Collins can attest to the fact that there is much more Colorado Commercial real estate development (#Colorado #CRE) and activity along the I-25 corridor today than there was 14 or 15 years ago.

The biggest player along the corridor is J.M. Smucker Co., which in January announced it will spend as much as $340 million on a #Longmont manufacturing space facility for its popular Uncrustables, frozen peanut butter and jelly sandwiches.The facility, planned to be built in two phases, could cover 400,000 square feet and bring as many as 500 jobs to the area.

Historically, Colorado industrial space developers have preferred to locate along Interstate 70, instead of North I-25. However, with such a shortage of industrial properties along I-70, there may start to be a shift, he said.

“Land prices are cheaper, you have good demographics, and we are seeing big and small deals along the Northern I-25 corridor area, with the biggest, of course, being Smucker,” Rhodes said.

Front 25 is 15 miles from Boulder, 30 miles from Fort Collins, 35 miles from downtown Denver and 40 miles from the Denver International Airport.

 

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