First Round of Tenants Announced!
The redevelopment of the full-city block encircled by College Avenue, Riverside Avenue, and Walnut Street, now known as The Exchange, hit another milestone Friday. Brinkman closed on the redevelopment loan and the first round of tenants have been announced.
Old Town Media, Churn Ice Cream, CopperMuse Distillery, and a large anchor office tenant will all be setting up shop in The Exchange.
The redevelopment will bring an innovative concept to Fort Collins: offices, retail, and restaurants housed out of upcycled shipping containers. Sized anywhere from 8’x20’ to 16’x40,’ the shipping containers will be stacked to surround the central plaza which will include several patios, picnic tables and grassy areas for an equally trendy and family-friendly feel.
The north building, comprised of 23,840 total square feet is more than 50% leased and will welcome new tenants as early as this fall. Old Town Media, a marketing and web development agency will relocate to the southeast side of the development and lease approximately 1,700 square feet. A local engineering consultant company will lease more than 10,000 square feet on the northern most corner.
CopperMuse Distillery will remain in their current location within the redevelopment zone during and after construction and has leased the largest restaurant space in the north building at 2,714 square feet. Brinkman has worked closely with CopperMuse to keep them as part of this redevelopment recognizing their continued value to The Exchange and the broader Old Town community.
The plaza will encompass 16,600 square feet and the south building includes 9,300 square feet of restaurant and retail space. Churn, a concept of Little Man Ice Cream has confirmed their first Fort Collins location within The Exchange Plaza. Brinkman is currently negotiating with several other tenants with confirmation and announcements slated for summer 2017. The south building and plaza is scheduled to open in late spring 2018, an ideal time for the community to begin enjoying the creative outdoor spaces and new experiences served out of upcycled shipping containers.
The Exchange has been a collaborative project between Brinkman, the Downtown Development Authority, Brinkman Construction, alm2s, russell+mills studios, Northern Engineering and Waypoint Real Estate.