ConstructionDevelopmentMultifamily

Residential Village Breaks Ground at Centerra

McWhinney has broken ground on the new Kinston residential village at Centerra in Loveland. Spanning 630 acres, Kinston will offer 2,800 home sites and accommodate nearly 8,000 residents by the time of completion within the next 10-15 years. Located at the epicenter of northern Colorado, Kinston represents a significant milestone in the expansion of Centerra’s 3,000-acre master-planned community located in the heart of northern Colorado. 

Groundbreaking

“Breaking ground on Kinston marks a pivotal milestone in the expansion of our Centerra community, as we build upon our legacy of creating great places and providing fabled experiences,” said Chad McWhinney, CEO and co-founder of McWhinney. “Since the introduction of Centerra nearly two decades ago, McWhinney’s vision continues to evolve as we aim to attract a diverse population, build a stronger community and elicit a sense of wonder from residents and guests.”

Kinston’s multifaceted amenity campus will serve as a focal point for the residential community. The Hub Community Center will be one-part welcome center and one-part joint café/brewery featuring an open air, expansive deck with views of the Rocky Mountains. With fitness and wellness rooms, large event spaces on an active lawn, outdoor fire pits, a pool and patios oriented for southwest mountain views and iconic architectural features, Kinston’s amenities are designed to foster quality time among neighbors, friends, families and visitors.

The northern Colorado region is primed for a vigorous economy, strong housing market and a lifestyle that will draw people from all over the country in the coming years. WalletHub’s “2020’s Fastest-Growing Cities in America” study ranks Loveland, Fort Collins and Greeley as three of the top 100 growing cities across the nation.

Kinston plans to welcome several new homebuilders, with new home sales slated to begin in fall 2021. Kinston will offer the widest array of product segmentation plans among northern Colorado’s master-planned communities, for a broad diversity of homebuyers. Kinston is planned to offer up to 15 different home designs, including single-family detached homes, townhomes and paired homes.

“Kinston at Centerra combines the classic opportunity for people to live, work, and play in the same community, while adhering beautifully to the homebuyer’s increasing focus on a new home in a suburban setting, driven by COVID-19 fears and the need for one’s own space,” said Tim Sullivan, senior managing principal at Meyers Research. “Our national housing research has confirmed this trend and Kinston is a perfect response: the right mix of land uses and home types at the right time.”

 

 

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