Comment on Projects that could bring 400,000 new tourists to Northern Colorado still on track

Projects that could bring 400,000 new tourists to Northern Colorado still on track

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. Related ArticlesOctober 16, 2015 Northern Colorado seeks funds from Tourism Act tax for new attractions January 14, 2016 Stanley Hotel investing $35 million in cultural offerings in 2016 November 12, 2015 PeliGrande Resort lands state tourism incentives for Northern Colorado 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.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News