Rocky Mountain Innosphere

Developer: RMI/ Verde, LLC

URA Participation: $2.8 million

Total Project Cost: $7.2 million

Completion Date: End of 2010

More jobs. That is everyone's wish these days. Here is an organization that is doing something about it. Rocky Mountain Innosphere (RMI) is a high-tech incubator for promising start-ups and entrepreneurs. People on the path to success, but who are lacking physical space, professional advise and networking, are encouraged to apply to the incubator. RMI had leased office space from the City of Fort Collins from 2003-2010 and offered below market rent to their clients/startup companies. The area is so ripe with great ideas and talent, RMI ran out of space. Enter the URA, the City of Fort Collins and Colorado Housing and Finance Authority. Through innovative business loans and grants, RMI built a new LEED-Gold certified, 31,000 sq.ft. office building in the North College Urban Renewal Area, on Vine Drive. Filling a critical need in the bioscience industry, the new building also includes 3,000 SF of wet laboratory space for clients. Street improvements, detention modifications, utility upgrades and cleaning of a blighted waste management site are complete. Renewal efforts go beyond physical improvements. The project promises to stimulate private investment and attract other high-tech companies.

RMI2 URA Application:

December 2008

In The News:

Grand Opening Ceremony, February 23, 2011

Ground Breaking, April 7, 2010

Tour touts jobs, Coloradoan, March 24, 2011

Incubator movin' on up with new space, NCBR, January 28, 2011

RMI2 secures loan from Fort Collins, Loveland Reporter Herald, May 18, 2009

Innovative financing brings new home for RMI2, Northern Colorado Business report, May, 22, 2009

RMI2 prepared to break ground on new building, Fort Collins Coloradoan, April 5, 2010

RMI2 debuts consolidated home, Fort Collins Coloradoan, October 16, 2010