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City Center Projects

What is happening in downtown Greeley? There are a lot of changes in the works—including a new fire station, downtown hotel and relocation of City government offices.

  • Update Report: October 3, 2017

    City Center Phase I construction is underway and coming out of the ground.  Construction of Fire Station 1 is complete and already making an impact on downtown. The new downtown hotel is open for business.
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    City Center Construction 10.2017City Center Municipal Campus Coming Out of the Ground

    City Center construction is moving ahead quickly.  On March 31 the City of Greeley partnered with Greeley’s Hensel Phelps Constructors to celebrate the construction launch for the first phase of City Center, Greeley’s new City Hall. Since the ground breaking, crews have installed the elevator shafts and concrete pads.  Steel girders are going up now giving residents a feel for the magnitude of this new municipal building.

    Learn more about the groundbreaking on the City's Manager's blog


     

    Fire Station 1

    Construction of Fire Station No. 1 is complete.  The new Fire Station No. 1 and department administration headquarters includes a large apparatus bay, weight room, training areas, staff dorms (for on-duty fire fighters) and administrative offices.  Below are photos from the ribbon cutting held on August 18.

    Fire Station No. 1 Ribbon Cutting - Fire Chief Lyman

    Fire Station No. 1 Ribbon Cutting - Fire Chief & City Council

    Fire Station No. 1 Ribbon Cutting

Fire Station and City Center Phase I Financing

Funding for the projects will come from Certificates of Participation (COPs). Here’s how this type of funding works: Instead of buying a bond, investors actually purchase a piece of the building and property. Each year, the city makes payments and purchases a portion of the building and property. After 20 years, ownership of the building transfers to the City of Greeley. This isn’t debt or a tax increase, which would need voter approval, for three important reasons:

  1. COPs only require an annual budget allocation
  2. They do not require this or future Councils to continue the agreement
  3. Taxes will not be raised to make the payments. It is much like a lease-purchase agreement, where “rent” payments are made and when the lease is up, the renter owns the property.

The City successfully used this form of financing on two other occasions: acquisition and construction of Boomerang Links golf course and irrigation improvements at Highland Hills Golf Course, as well as construction of the Events Center at Island Grove Park.

See the presentation

Current project descriptions

City Center

Downtown Hotel
City Center / Municipal Campus Project
Safeway Building/Block - New Fire Station #1

Live Image Feed

Take a peek at the action!

City Center Phase I construction live images (updates every 30 minutes) and time lapse video.

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