- Within 30 days of the close, the 811,000 square-foot facility on 177 acres moved from 16% occupancy, or 129,000 square feet, to 41% or 330,000 square feet
- The property saw its largest tenant, Lightning eMotors, expand to double its footprint and announce that it will become a publicly traded company on the New York Stock Exchange.
- The employment base at the facility is anticipated to exceed 500 people by the middle of 2021.
- The pipeline of companies interested in the property are resonating with the vision for a tech-driven innovation hub that becomes a community asset and drives innovation and helps business grow:
“The increased interest is from companies and individuals who are excited about the vision and the energy we are creating. They want to see the campus flourish and desire interactive tech engagement with other like-minded businesses. They are leaders in their industry and have a national or international focus. They are growth-minded and create primary jobs. They desire collaboration with other tenant companies and see great value in being part of a Northern Colorado innovation ecosystem with a strong tech DNA,” ~ Jay Dokter, CEO of RMCIT, LLC
The property ownership group has committed to donate up to 40,000 square feet to the Warehouse Business Accelerator to support and grow innovative businesses on the earlier end of the business lifecycle. Warehouse will play a key role in bringing revitalized energy to the campus with it’s showcase space, shared equipment lab and programming for entrepreneurs. The Warehouse will be a driver in adding overseeing onsite amenities such as a café/coffee shop, fitness center, outdoor recreation and shared common spaces to enhance collaboration and creative collisions of innovation.