Construction on Northern Colorado's first IMAX theater is set to begin in July and be ready for movie-goers in late spring 2019.

The theater is part of The Brands at The Ranch, developer Martin Lind's $500 million project that will bring office, residential, retail and entertainment to both sides of Interstate 25, adjacent to Larimer County's fairgrounds.

Lind's Water Valley Land Company, in conjunction with Stellar Development, announced Monday that construction of the 12-screen "luxury" theater and several new restaurants would get underway within eight months.

It will be the first piece of the 1.2 million-square-foot development that will be closely followed by a multifamily housing and retail building, Lind said. A slate of tenants is expected to be announced in the first quarter next year.

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