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JOHNSTOWN - Nearly 10 years ago the development known as 2534, on the southeast corner of Interstate 25 and Highway 34, was pitched as the "next hot address" in Northern Colorado. After suffering through the Great Recession, it's starting to live up to its reputation.
"It's wonderful to see activity pick up over the last year," said Todd Williams, vice president of the Thompson Ranch Development Co., a major developer of 2534 working alongside developers Chrisland Commercial Real Estate Inc. and Gerrard Development Corp.
Thompson Ranch struck deals with USA Liberty Arms LLC for an indoor/underground shooting range and Strategic Behavioral Health LLC's hospital, both under construction, and Chrisland Commercial recently announced that the Gateway Apartments at 2534 also are under construction.
Williams said Thompson Ranch still owns about 100 acres within the...