The Draper Featured in BizWest: Historic Downtown Redevelopment Moves Forward

October 28, 2026 | Loveland, Colorado

The Draper redevelopment project is making headlines across Northern Colorado!

On October 28, 2026, BizWest published an in-depth feature by journalist Ken Amundson, titled “Draper project lives again; may get underway in 2027.”

The article explores the renewed vision for the historic properties at Fourth Street and Lincoln Avenue in downtown Loveland, including plans to transform long-underutilized buildings into a vibrant destination for housing, business, shopping, and entertainment.

A New Vision for a Historic Downtown Block

The story highlights River of OZ's plans to combine the rehabilitation of historic buildings with contemporary architecture and new construction.

Among the proposed improvements are:

  • 57 mixed-income apartments, including affordable and workforce housing.

  • Approximately 22,000 square feet of retail space, creating opportunities for new downtown businesses.

  • Approximately 21,000 square feet of professional office space, including flexible accommodations for local firms.

  • 69 underground parking spaces, replacing the need for a separate public parking garage.

  • Restoration of the historic Majestic Theater, envisioned for performing arts and community activities.

The article also examines the project's proposed use of modular residential construction, which could help streamline construction and reduce disruption to surrounding downtown businesses.

Community Investment and Downtown Revitalization

BizWest reports on River of OZ's efforts to bring together private investment, historic preservation incentives, affordable housing financing, and potential public-private partnerships.

The feature includes perspectives from Downtown Development Authority Executive Director Sean Hawkins, who discusses the importance of revitalizing the Fourth Street and Lincoln Avenue corner and the potential benefits of renewed economic activity downtown.

The story also recognizes River Redevelopment's previous restoration of the historic Allen & Bartholf Building at Fourth Street and Cleveland Avenue.

Read the Full Story

We appreciate Ken Amundson and BizWest for taking the time to explore The Draper's vision, challenges, and potential contributions to downtown Loveland.

Read the original article: Draper project lives again; may get underway in 2027 — Ken Amundson, BizWest, October 28, 2026.

The Draper development team looks forward to sharing additional updates as planning, leasing, financing, and historic preservation efforts continue.

The project remains subject to financing, final design, permitting, and applicable approvals.

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