McWhinney recently announced one of the larger commercial land sales in Johnstown at Iron Horse, a 165-acre industrial park. On Friday, November 10, Jones Development Company broke ground on a new FedEx distribution center at the site, located at the southeast corner of County Road 3 and US Highway 34.

The 63,000-square-foot distribution center will reside on approximately ten acres. Construction on the FedEx distribution center is slated to be complete in summer 2007. The new center is expected to bring new job growth to the region. In addition to FedEx, McWhinney expects to announce additional businesses coming to Iron Horse later this year.

"We are very excited to see the FedEx project begin at Iron Horse," said Troy McWhinney, Principal. "The anchoring of a FedEx distribution center is another great step toward our commitment to bring quality development to the region," said McWhinney.

The distribution center will serve the entire Northern Colorado region, which includes the cities of Fort Collins, Loveland, Greeley, Johnstown, and Windsor among others. FedEx Freight is the leading provider of regional less-than-truckload services in the United States.

Kansas City-based Jones Development Company will build the distribution center at Iron Horse on the 10-acre parcel of land it purchased from McWhinney for the project. Ron Kuehl - McWhinney Real Estate Services, represented the seller, Iron Horse, LLC and Fischer & Company represented the purchaser.

"We are proud to partner with McWhinney and the Town of Johnstown to spearhead this development project with FedEx," said Kevin Jones, Managing Member, Jones Development Company. "I have enjoyed collaborating with Troy and all of the McWhinney staff because of their utmost professionalism."

Named Iron Horse for the development's proximity and access to the Great Western and Union Pacific railway systems, which border the property, the development will be a mix of commercial, retail, office, and industrial spaces. Strategically located on Highway 34 with close proximity to the Interstate 25 interchange, this well-designed industrial park is expected to attract businesses that need close proximity to the railroads, Interstate 25, and/or the Fort Collins Loveland Airport.

"We are very enthusiastic about the development, which complements our growth management plan and other commercial and residential developments in the area," said Johnstown Mayor, Troy Mellon. "Iron Horse is a positive addition to Johnstown; it will inject new life and create economic development opportunities for our community and the region."

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