CAMT picks ACE Manufacturing Innovation Park developer

6/10/2011

The Colorado Association for Manufacturing and Technology (CAMT) announced on June 10, 2011 the selection of United Properties, a national developer with offices in Denver, as CAMT's development partner for the Aerospace and Clean Energy (ACE) Manufacturing and Innovation Park proposed for the former Agilent site in Loveland, Colo.

CAMT and United Properties are working to complete an agreement with the City of Loveland to purchase the property and will begin developing plans to recruit tenants. Pending completion of due diligence, the Loveland site will be the home of the ACE Manufacturing and Innovation Park.

CAMT is a statewide manufacturing assistance center dedicated to increasing the competitiveness of Colorado manufacturers.

In December, CAMT signed a five‐year Space Act Agreement with NASA to develop technology acceleration programs and a framework for regional collaboration promoting innovation and job growth, known as the ACE Regional Innovation Cluster. As part of this initiative, CAMT is partnering with United Properties to develop the former Agilent facility into a multi‐tenant campus that can house more than 70 companies with a focus on scale‐up stage aerospace and clean energy manufacturing and technology companies.

The initiative and park will create an estimated 10,000 jobs over the next five years across the state. The ACE Regional Innovation Cluster is already receiving recognition across the United States and internationally as one of the only projects that addresses the technology transfer gap between research and development, and scaling up aerospace and clean energy manufacturing efforts. 

"Aerospace is a key economic driver for Colorado and one that we are working to expand. The ACE Park in Loveland is a great example of how Colorado's aerospace, innovation and technological expertise are converging to bring jobs and revenue to our state," said Governor John Hickenlooper.

Tom Clark, executive vice president of the Metro Denver Economic Development Corporation, said, "Colorado's vision of becoming a global center for energy and aerospace gets another crucial component with the announcement of the next phase of the ACE project. 'Innovation clusters' such as space and energy need an intellectual and physical infrastructure to accelerate their growth and maintain global competitiveness. The ACE project will provide both."

Currently, the Loveland campus is 167 acres with 811,000 sq. ft. of office space in four buildings. The initial project will include two 50,000 sq. ft. buildings to house shared services including testing, labs and other services needed to accelerate the process of developing and delivering new technologies to market.

"We are very pleased to have entered a development agreement with CAMT and believe this represents an exciting opportunity," said Frank Dutke, president of United Properties. In addition to aerospace and clean energy manufacturing and technology companies, other parties interested in occupying space at the park include workforce training partners, academic institutions and other federal programs.

"This is a transformational investment for Loveland, the region and the State of Colorado," said Bill Cahill, Loveland's city manager.

As part of the initiative, CAMT has developed several programs to assist Colorado companies in the aerospace and clean energy sectors with technology acceleration, including workshops such as Rapid Cycle Product Innovation that guides companies through the creation of their own custom product introduction process, a NASA Speed Licensing pilot program that enables Colorado companies to access technologies available for licensing from NASA centers , and the Supplier Scouting program, which identifies potential suppliers of hard‐to‐source parts and assists those companies to win government contracts.