November 19, 2018 -David Dragoo’s two companies own 164 acres of former farmland along the Uncompahgre River near downtown Montrose, Colorado. He’s planning to redevelop the area by adding a hotel, apartments, space for outdoor recreation businesses and a path along the river.
November 14, 2018 – State representatives from the Colorado Office of Economic Development & International Trade (OEDIT) visited Montrose and Mayfly Outdoors’ headquarters to promote Colorado’s Opportunity Zones and capture vital economic data from the community’s resurgence.
October 23, 2018 – The Colorado Outdoors Project continues to move forward after approval from council. On Oct. 16, Montrose City Council was asked to consider an amended planned development plan to provide certain deviations from city zoning and subdivision design standards and an amended preliminary plat for the Colorado Outdoors Project.
October 1, 2018 – Mayfly Outdoors, which manufactures premium fly-fishing equipment and other outdoor products, has secured $1 million in Colorado Commercial Property Assessed Clean Energy financing to build its new head- quarters in Montrose.
September 21, 2018 – Two years ago, David Dragoo, president of Mayfly Outdoors, a maker of Ross and Abel fly-fishing reels, purchased 125 undeveloped acres along the Uncompahgre River on the Western slope of the Rockies in Montrose, Colorado. The area was a setting for numerous Western movies in the 1950s and 1960s and more recently became a transportation waypoint for surrounding outdoor recreation areas. Now it’s luring investors.
September 12, 2018 – With nearby Black Canyon of the Gunnison National Park and the Uncompahgre River running through town, stunning Montrose is an outdoors-lover’s paradise. Savannah King of Site Selector profiles Montrose, Colorado.
August 16 , 2018 – Outdoor professionals can live, work, and play in the same location—and be an economic force worth $300 million.
August 2 , 2018 – Greenworks Lending, a national leader in Commercial Property Assessed Clean Energy (C-PACE) financing, announced today the successful closing with Mayfly Outdoors to support the construction of Mayfly’s new headquarters and manufacturing center in Montrose.
May 27 , 2018 – Sitting across from Patrick Hayes at the Mayfly Outdoors office, his passion for the Colorado Outdoors Project is almost contagious.“It’s a great project,” said Hayes, who is the director of development for the endeavor.
April 12 , 2018 – The U.S. Treasury awarded Montrose with the coveted Opportunity Zone designation, which includes the property encompassing the newly announced Colorado Outdoors project. Established under the federal tax reform legislation of 2017, investments held for at least 10 years may be eligible for a permanent exclusion from taxable capital gains income.
February 25, 2018 – Montrose is experiencing a resurgence in economic activity. Montrose Daily Press editor Matt Lindberg highlights the Colorado Outdoors project, along with several exciting others recently completed or underway.
January 8, 2018 -The City of Montrose, on behalf of the Montrose Urban Renewal Authority (MURA), is pleased to announce that construction is scheduled to begin on January 8th for the MURA’s Phase I Public Infrastructure Project. Phase I of this project will construct approximately 1.5 miles of roadways and utilities within the central 40 acres of the site in support of the Colorado Outdoors Development Project.
November 10, 2017 – The City of Montrose, in partnership with the Montrose Urban Renewal Authority (MURA), announced today it had received the first round of funding for infrastructure, streets, and landscaping within the Colorado Outdoors development. The $10M loan funds were deposited Thursday evening, and construction is scheduled to begin the first of January 2018.
October 26, 2017 – It was a sight to see. A who’s who of state leaders, local business owners, city councilors, county commissioners, school and recreation district officials, as well as other community investors, piled onto the land across from the Montrose County Justice Center, eager for the future.
September 30, 2017 – On Friday evening, Great Outdoors Colorado (GOCO) awarded a $2M Grant to Montrose on a new trail system that will unite Montrose. The project is the culmination of a long term partnership with developer Colorado Outdoors LLC, the City of Montrose, and the Montrose Rec District.
June 18, 2017 – The City of Montrose, in partnership with Colorado Outdoors LLC, is pleased to announce that Glacier House Hotels has signed a letter of intent to bring a 100-room Marriott® TownePlace Suites® to the new Colorado Outdoors development in Montrose.
River Corridor plans flowing along, Montrose officials moving ahead with Uncompahgre river projects. A blend of Durango’s Animas River corridor and San Antonio’s Riverwalk area –– that’s what Montrose city officials envision for proposed development surrounding the Uncompahgre River.