Go NoCO final application could bring $189.4 million to region, new horror cinema center to Estes Park | MyWindsorNow.com

Go NoCO final application could bring $189.4 million to region, new horror cinema center to Estes Park

Staff reports

If organizers of a major northern Colorado tourism effort get the support they want from the state, a project involving Windsor, Estes park, Loveland and Larimer County could bring more than 423,000 out-of-town visitors to the area annually.

The group, Go NoCO, submitted it's plan Thursday to the Colorado Office of Economic Development and International Trade. The plan calls for four projects in the area. Organizers say it could result in more than $189.4 million in new state tax revenue over 30 years, according to a news release from organizers.

"The collaboration and collective appeal of Go NoCO's four attractions will draw new out-of-state visitors and extend visitor trips considerably. Our application is centered on offering a regional approach to tourism and expanding economic vitality to more than one county and city, as well as the state of Colorado," Patrick Brady, board chair of Go NoCO, said in a news release.

Go NoCO is a nonprofit organization backed by the city of Loveland, the town of Windsor, the town of Estes Park, Larimer County and several private partners, including Water Valley Land Co. and Grand Heritage Hotel Group.

The plan submitted to the state includes a new project. The Stanley Film Center of Rocky Mountain National Park will join three previously announced projects.

The center will be at the site of the Stanley Hotel and include a world-class, 500-seat auditorium, creative classrooms, digital audio and film mixing studios, a sound stage, film discovery center and archive displaying artifacts of the film industry. Additionally, it will include an outdoor theater for films under the stars, the release stated.

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An advisory board of film makers — including Elijah Wood, Simon Pegg and others — will build and operate the center in partnership with developers.

The application also includes the PeliGrande Resort and Windsor Conference Center, the Indoor Waterpark Resort of the Rockies and the U.S. Whitewater Adventure Park. The historic Sylvan Dale Ranch is no longer on the list of projects for the application.

Go NoCO's application is one of two being considered alongside a Denver-area project. If it gets the green light, it would unlock state funds organizers could put toward the project through the Regional Tourism Act.

Impact of the project

Organizers say if the project receives a state grant and moves forward, it would offer significant benefits for the state and the region. They include:

» 423,000 net new out-of-state visitors to Colorado annually

» $189.4 million in new state tax revenue over 30 years.

» $128.5 million in new tax revenue for Loveland over 30 years.

» $70.9 million in new revenue for Windsor over 30 years.

» $103.4 million in new tax revenue for Estes Park over 30 years.

» $55.9 million in revenue impact for Larimer County over 30 years.

» 2,647 new permanent jobs and more than 4,100 construction jobs.

» $86.1 million in net new sales tax revenue from new out-of-state visitors.

Source: Go NoCo