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.
of pristine riverfront
in total infrastructure investment
of non-residential construction