Letting activity underway at Ledge Rock Center – Greeley Tribune

JOHNSTOWN — Retail leasing activity is ongoing at the Ledge Rock Center, the upcoming 200-acre mixed-use development at the southeast corner of Interstate 25 and Colorado Highway 60, brokerage firm CBRE Capital Markets said Monday.

When fully completed, the Ledge Rock Center will have more than 1 million square feet of retail space, 1,200 residential units, 200 single family homes and two hotels.

The project is being developed by Carson Development Inc. The Kansas City-based developer previously built the Johnstown Plaza at the intersection of Interstate 25 and US Highway 34, which houses the 250,000-square-foot Scheels All Sports Superstore.

“We chose this location because of the growth in Johnstown and throughout northern Colorado. The City of Johnstown staff and council were among the best my company has ever worked with on a project. This is very important in such a large and complicated development. Our previous work on Johnstown Plaza was a tremendous success and we believe that Ledge Rock Center – doubling its size – will be just as successful. Our plan is to hold the retail space and potentially the multifamily units for the long term, which will help offset the risks going forward,” Carson Development manager Mike Schlup said in a prepared statement.

To date, the Ledge Rock Center has one confirmed anchor tenant: Murdoch’s Ranch and Home Supply LLC, which has pre-leased 85,000 square feet. Completion of the first phase of development is planned for late 2022 or first quarter of 2023.

The retail leasing effort for Ledge Rock Center is being led by CBRE’s Michael Kendall, Daniel Miller and Cameron Flint.

“The Ledge Rock Center is open for business and well positioned to centrally serve northern Colorado communities. There just aren’t many exchanges like this left for a Grade A retail development with a business-friendly city like Johnstown behind it,” Kendall said in a prepared statement.

This article was first published by BizWest, an independent news organization, and is published under a license agreement. © 2022 BizWest Media LLC.

https://www.greeleytribune.com/2022/06/27/leasing-activity-underway-at-ledge-rock-center/ Letting activity underway at Ledge Rock Center – Greeley Tribune

James Brien

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