McWhinney's managing partner and co-owner of Promanade Shops at Centerra pleaded with Loveland's City Council to delay a vote on subsidizing an $80 million parking garage for Grand Station before the expected midnight vote last Tuesday (Oct. 23, 2007).
Bob Rogers, Senior VP & General Counsel for Poag & McEwen spoke to Council along with John Cirillo, VP Marketing Research. Poag & McEwen owns and operates 16 "Lifestyle Centers" across the country. Simply put, the demographics in Northern Colorado (550,000 population)cannot support two large "Lifestyle" type retail centers side-by-side.
They also explained that Promanade has many thousands of unleased retail that will be competing with Grand Station if it is built.
Poag & McEwen reps were surprised to learn the Council wasn't really holding a public hearing and had already decided to ram through the subsidy for McWhinney before the Nov. 6, election where Brown, Dozier and Pielin may not return to Council. Pleas for more time to study the matter were ignored by the Council and the Grand Station subsidy was passed 7-1 with the Mayor voting No. Pielin did not attend the meeting.