New flex industrial space planned in Louisville

ByWhitney Denison|Aug 1, 2019|Industry News, Local Real Estate, News

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By Lucas High — July 31, 2019

LOUISVILLE — A local developer is planning to build a new 83,441-square-foot flex industrial building in Louisville’s Colorado Technology Center business park.

The project is being led by CTC FCM II LLC, an entity registered to Andrew Freeman of Boulder’s W.W. Reynolds Cos., according to planning documents recently submitted to Louisville.

The site of the new building at 1875 Taylor Ave. within the CTC was purchased by that group in 2018 for $1.25 million, Boulder County public records show.

While planning documents indicate a tenant has yet to be identified, the developers “ feel the market remains strong for large users in the distribution, manufacturing and high-tech industries.”

Plans for the project are scheduled to be reviewed by the Louisville Planning Commission in October.

There are several other CTC projects in various stages of the planning process, including a 22,500-square-foot facility for CBD producer Elixinol LLC and a 100,000-square-foot executive office condominium building.
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