The Greely Westside Project site overlayed on Google Maps.
The Greeley Westside Project Master Plan & Google Maps
The Greeley Westside Project is a collaborative housing and entertainment development between the City of Greeley and The Water Valley Company. The Water Valley Company is based in Windsor and is owned by Martin Lind. The development is planned to be built North of Highway 34, between County Road 17 and 131st Avenue. The development is planned on top of the Windsor business: Iron Ridge Auto & Metal.
The development project has used three names thus far: Cascadia, Catalyst, and The Greeley Westside Project. The title used on their website is The Greeley Westside Project. The project name is titled Cascadia Planned Unit Development. It has since been renamed to Catalyst Project to avoid confusion with Cascadia Development. It is theorized that these name changes are being used to sidestep controversy and confuse the community.
The project was approved by Greeley Mayor John Gates and councilmembers Melissa McDonald, Brett Payton, Dale Hall, and Johnny Olson. Tommy Butler and Deb DeBoutez both voted against the project. Residents of Greeley did not vote on this project.
Table of Contents
The City of Greeley has put Certificates of Participation (COPs) on 42 city buildings. These buildings including City Hall, the police station, three fire stations, public transportation infrastructure, the city center, city workshops, other government buildings, and recreation centers. 32 of the 42 buildings are east of 35th Avenue. The lease has been assigned to Zions Bancorporation, National Association, which requires The City of Greeley to pay $115 million to regain possession of the properties. The City of Greeley will issue a $641 million bond in 1 to 2 years to cover the $115 million lease. The City of Greeley does not have to make payments for the next 13 months.
Additional funding sources include:
$793 million in conduit bonds for vertical development of the arena, hotel, water park, backed by a $33 million annual reserve.
$235 million from General Improvement District (GID) bonds for drainage, intersection upgrades, plaza, streets, and a transit hub.
$62 million in utility bonds for water and sewer system expansions.
2025 – Pre-Development Phase: Includes bond issuance, financing, infrastructure design, and planning.
2026 – Construction Phase: Core infrastructure and vertical construction begin.
2028 – Phase 1 Completion: The arena, hotel, and water park open to the public.
2030 & beyond – Full Build-Out: Development continues across the site in later phases.
2038 – Debt Repayment: Project costs expected to be fully repaid through COPs, bonds, GID revenue, and site-generated income.
At 5:18 p.m. on Friday, June 20, 2025, Greeley City Manager Raymond C. Lee III issued a weekly update email via the City of Greeley bulletin newsletter. Mr. Lee writes, "...leaders across the city have been asked to come up with ways to reduce current departmental spending and funding requests for next year to help close a projected budget gap." He stated that these measures are to protect current city employee jobs and annual wage increases, while simultaneously "continu[ing] to deliver our high level of city services..."
Mr. Lee asked leaders to defer, delay, pause, or limit projects and programs. The goal is not to impact critical and core programs. Mr. Lee referenced Colorado's $1.2 billion budget cut and Greeley's projected sales tax revenue as contributing factors. The local effects of this budget cut include a loss of $14 million (≈approximately 5% of the budget) to District 6 education, as well as a loss of $114 million or more to transportation and infrastructure, including state highways and local grants. There is also reduced support for workforce development and social services.
"In Greeley, we have had many years where revenue and expenses were aligned." Mr. Lee wrote. "We’re taking these actions now so that this misalignment will be temporary, and we can continue to build a thriving local economy to drive sustainable revenue for decades to come."
While he dismissed the idea that any one project was responsible for the current financial strain, Lee pointed to broader spending on city programs, technology upgrades, and workforce expansion as contributing factors.
The City of Greeley will implement a flat budget for this fiscal year and the next, enforce a hiring freeze, and cancel or delay city programs deemed nonessential.
Records obtained through FOIA requests, City of Greeley government officials took a $5,531 trip led by Martin Lind to Grand Prairie, Texas. The trip included a tour of the water park, a stay in a 4.4-star Hilton Hotel, and a water show.
Greeley Mayor John Gates, city manager Raymond C. Lee III, and unnamed council members flew commercial. Some of the taxpayer-paid expenses included the selection of seats on the airline, a town car to Denver International Airport, and in-flight WIFI. Two or three City of Greeley government officials flew on Martin Lind's plane or one that he chartered with no reimbursement request.
For the trip, the Water Valley Company was the driver, set the itinerary, suggested the venue, and emailed Grand Prairie to prepare for the visit.
During the visit, council member Malissa McDonald sent an internal email, "What the heck are you bringing to wear for the meetings tomorrow? I’ve never been to the South in the middle of summer, so the humidity is messing me up on what I would normally bring to wear."
Grand Prairie is a 15-minute drive from downtown Dallas, Texas, with a population of 1.3 million people (or 2.3 million including nearby Fort Worth). The water park in Grand Prairie serves five times the population for a quarter of the cost within the same driving distance. Grand Prairie and the surrounding areas all have a moderately higher median income than Greeley's population.
U.S. Department of Justice, Justice Management Division outlines:
An employee may not solicit or accept a gift given because of his official position or from a prohibited source to include anyone who:
Has or seeks official action or business with the Department;
Is regulated by the Department;
Has interests that may be substantially affected by the performance of an employee's official duties; or
Is an organization composed mainly of persons described above.
On April 11th, 9News reported the Cascadia Project would cost $800 million. The Greeley Westside Project team shared it on their news page of the website. Just 4 days later, on April 15th, 9News reported that the project would now cost $1 billion. In just under 5 hours, Denver7 reported the project would now cost $1.1 billion. Both of these reports were also shared on The Greeley Westside Project.
The Greeley Westside Project website features a graphic stating the new development will create 6,000 housing units. Colorado Construction & Design and various developers attending the June 25th community open house shared the metric of 11,000 residential units.
Colorado Construction & Design reports that the project is a 300-acre site. The Greeley Westside Project reports that the development's acreage will total 1,000 acres. Soukup Real Estate Services reports that the project spans 1,800 acres.
PR & Media
Public Works Director
Driving Progress, COO
Deputy Director, Community Development
Community Development Engineering Development Review Civil Engineer III
Chief Building Official
City Planner
Planner III
Owner of The Water Valley Company
CFO, VP Strategic planning, Senior Project Manager, CPA
Chief Operations Officer
Project Manager of Development
CEO and Founder of TRIBE Development
Partner at The Pachner Company
Principal, Partner, PLA, LEED AP
Urban Planner
"Emerging Professional"
Public opinion on the Greeley Westside Project is complex and evolving. Both in person and across social media, criticism and skepticism toward the development are widespread. Concerns range from suspicions of corruption—including theories about bribes and embezzlement—to accusations of intentional inaccessibility, with some criticizing the choice to host the Open House at the Family FunPlex, a location seen by some as limiting public participation. Other common criticisms include fear of rising rent and property values, the distance from existing neighborhoods, benefits for wealthy investors, and the use of city-owned buildings as collateral to finance the project.
One attendee described the open house by saying, "It was more or less a sales pitch for it... [They] gave generic answers and some outlandish ones too."
Another commenter voiced frustration with the approval process, "We don't want this! Let the people vote on it!"
A worrying prediction from a concerned resident, "They’re going to bankrupt our city when this goes belly up."
Not all feedback has been negative. Some community members support the project for its potential to bring new revenue, housing, development, and tourism to Greeley.
One man told the media, "Increased tax revenues and jobs provided by growth help the economy and the public."
An intern at the open house had an optimistic perspective, "It's incredibly successful. [Other communities] personally have done an amazing job with the citizens right next to the stadium and all the retail. They included everyone."
During the June 25th open house, developer Ashley Stiles vocally objected to members of the press taking photographs, at one point raising her voice in protest. When asked if she was affiliated with the City of Greeley, Stiles denied any official connection before speaking privately with police officers on site. Another woman, identified only as Blair and wearing a black dress, also engaged with officers regarding the presence of media. Shortly afterward, she approached reporters to question their affiliations and intentions. When offered a microphone for comment, she quickly walked away without responding.
Get involved with Greeley Deserves Better and With Many Hands, two groups that have petitioned to repeal Ordinance 2025-15 and bring the project to a public vote.
On June 20th, Martin Lind seized StoptheGreeleyGiveaway.com, a website believed to be Greeley Deserves Better's website. Greeley Deserves Better denied affiliation with StoptheGreeleyGiveaway.com.
Voting is important, and so is running for office.
On Tuesday, November 4, 2025, Greeley residents will elect officials for five City Council vacancies:
Mayor: John Gates (in favor of)
Ward II: Deb DeBoutez (opposed)
Ward III: Johnny Olson (in favor of)
Ward IV: Dale Hall (in favor of)
At-Large: Brett Payton (in favor of)
Mail-in voting drop boxes:
Greeley City Hall, 1000 10th St
Weld County Election Office, 1250 H St
Aims College Cornerstone Building, 5401 W 20th St.
In-person voting locations include:
UNC Campus Commons, 1051 22nd St, Greeley
Aims College Cornerstone Building, 5401 W 20th St, Greeley
Trinity Lutheran Church/School, 3000 35th Ave, Greeley (Election day only)
POLICE DEPARTMENT 2823 West 10th Street
CITY HALL 1000 10th Street
FIRE STATION #3 150 35th Avenue
FIRE STATION #7 6623 10th Street
FIRE STATION #5 4700 24th Street
CITY CENTER NORTH 1011 11th Avenue
BUS SHELTERS 1300 A Street
BUS FACILITY 1300 A Street
BUS GARAGE 1300 A Street
BUS OFFICES 1300 A Street
EQUIP MAINTENANCE SHOPS 1300 A Street
EQUIP MAINTENANCE OFFICE/SHOP 13th Avenue and A Street
FIELD SERVICE / SURVEY SHOP 13th Avenue and A Street
PURCHASING OFFICE 13th Avenue and A Street
TRAFFIC SHOP 13th Avenue and A Street
WAREHOUSE 13th Avenue and A Street
BUILDING MAINTENANCE SHOP 13th Avenue and A Street
CITY SHOPS - NORTH/EAST BLDG 13th Avenue and A Street
PARKS NEW SHOP 13th Avenue and A Street
STREET SHOP 13th Avenue and A Street
SIGNAL SHOP 13th Avenue and A Street
STREET BUILDING - 1203 3RD ST
STREET BUILDING - 222 13TH AVE
PUB SAFETY TRAINING FACILITY 120 35th Avenue
RODARTE CENTER 920 A Street
ICE HAUS 900 8th Avenue
GREELEY HISTORY MUSEUM 714 8th Street
BALSAM POOL
BALSAM SPORTS COMPLEX 2401 Balsam Ave
HIGHLAND GOLF COURSE 2200 Clubhouse Drive
HIGHLAND HILLS - CLUBHOUSE 2200 Clubhouse Drive
HIGHLAND HILLS - MAINTENANCE 2200 Clubhouse Drive
BOOMERANG - CLUBHOUSE 7309 W. 4th Street
BOOMERANG - MAINTENANCE 7309 W. 4th Street
BOOMERANG GOLF COURSE 7309 W. 4th Street
CENTENNIAL PARK 2201 23rd Avenue
TRAIN DEPOT 902 7th Avenue
CENTENNIAL VILLAGE 1475 A Street
FAMILY FUNPLEX 1501 65th Avenue
TWIN RIVERS SOFTBALL COMPLEX 1501 65th Avenue
RECREATION CENTER 651 10th Avenue
CULTURAL AFFAIRS OFFICE 651 10th Avenue