“This is an incredible day for our community,” Mayfly Outdoors resident David Dragoo told the crowd. A little over a year after announcing plans to drastically revamp the Uncompahgre River
Corridor in north Montrose, Mayfly Outdoors broke ground on what will become its new, state-of-the-art headquarters. It will be the first step in the Colorado Outdoors Project, which Dragoo previously said will be a “world-renowned business park” aiming to attract outdoor-focused industries to relocate to Montrose and include river restoration and high-end commercial, residential and industrial development.
The project is expected to meet its full potential in 10-15 years, according to Montrose Economic Development Corporation Executive Director Sandy Head. She announced details of an Anderson Analytics report that indicates how the over 160 acres will be put to use. According to Head, 300,000 square feet will be industrial shovel-ready ground for manufacturers interested in relocating to town. The space will also feature 200,000 square feet of retail space (expected to bring an estimated 450 jobs), 60,000 square feet of office space (expected to have an economic impact of 178 jobs) and an estimated 443 housing units to address much-needed living spaces in the area. A 100-room Marriott Town Place will also be featured, as previously reported.
Construction will result in 3,000 construction jobs with over $200 million invested in Montrose in the construction itself over a 10-15-year period, Head said.