Colorado Blog

Projects that could bring 400000 new tourists… - The Denver Post

Artist rendering of the U.S. Whitewater Adventure Park submitted 12/11/15
Artist rendering of the U.S. Whitewater Adventure Park in Loveland, Colorado would look like.
The Loveland Reporter-Herald

A regional

Artist rendering of the U.S. Whitewater Adventure Park submitted 12/11/15
Artist rendering of the U.S. Whitewater Adventure Park in Loveland, Colorado would look like.
The Loveland Reporter-Herald

A regional tourism proposal designed to bring hundreds of thousands of new visitors to Northern Colorado has missed its target date by a few months, but proponents say the venture hasn’t stalled.

Last November, the region’s application for state funding under the Regional Tourism Act won an initial OK, and a month later a state commission approved the proposal’s request for $86 million in tax-increment financing over 30 years. The tourism act allows local governments to put together “extraordinary and unique” tourism projects that can collect state sales taxes generated by the projects.

Northern Colorado’s bid features an outdoor whitewater adventure park and a separate indoor water park resort, both in Loveland, a horror-film center on the grounds of the Stanley Hotel in Estes Park and a luxury resort and conference center in Windsor.

The four projects would cost more than $330 million to build, and Go NoCO had to demonstrate that they wouldn’t fly without the funding from the state. The organization said it expects the projects, if completed, to attract 423,000 new visitors to Colorado each year. Original estimates put possible opening dates in 2018.

Read the full story on Reporter-Herald.com.

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