All Local, All The Time

Plans are progressing on the former Colterra development on 2nd Avenue

The former Colterra Restaurant on Second Avenue is currently in development by Nassar Development as a mixed use space. Plans for the former Colterra Restaurant include an eatery by Boulder restaurateur Josh Dinar, two commercial spaces and five residential units. In various capacities, Dinar is behind several area restaurants including River and Woods, T/Aco, Ash'Kara and Tributary Food Hall in Golden.

Nassar Development founder David Nassar presented a vision for the new restaurant, including a deeper involvement that doesn't end when the property's build is complete. "We don't want to just lease it out to someone else to build and run. We want to partner on the restaurant, stay involved, help design it, create a comfortable gathering point for the community with a beautiful indoor and outdoor setting. We see it as being a quality experience but we don't think it has to be a high-end price."

The selection of the location and the space as a whole is consistent with Nassar Development's track record. Past projects as seen on the company's website retain a distinct character and articulate a lifestyle component that enhances experiences with a space. David Nassar, along with his sons, CEO Zachary Nassar and fabrication designer Weston Nassar, carefully consider the details of projects from site selection, design, build, and beyond.

Nassar was drawn to the property in Niwot because he sees it as a unique, historic-feeling neighborhood with a bright future in the region. "There is a beautiful downtown, with so many amenities, hiking, biking, outdoor living, and a strong sense of community. We think that people are looking to engage with these kinds of places and that's going to be a big growth opportunity for Niwot in future years."

Other properties Nassar has been part of include Johnson's Corner, a redevelopment of a relocated, depression-era gas station in the Prospect development of south Longmont. When it was originally located on Main Street in Longmont, the gas station was visited by Jack Kerouac, who mentioned it in his classic, "On the Road." Once development is complete, it will become a food and art space. The company has also created luxury resorts at places like Copper Mountain and Winter Park, Flying Lady Winery in Napa Valley, and Caribou Ridge by the Caribou Ranch recording studio.

Nassar described the length with which he is working to create a high quality project that preserves the character of the building. "The work that we're doing on the interior of the Bader House will follow its historic nature. We're bringing in 200-year-old reclaimed beams from historic barns in Pennsylvania. It's going to have that character inside and out."

Nassar is working with Niwot architect Anne Postle of Osmosis Art and Architecture on the design of the property. In addition to the restaurant, it will include two small commercial spaces on the ground floor and five residential units above. "I don't think we could have done any better for Niwot than to end up with this mix of uses and to preserve some of the most wonderful things about that site," Postle said. "It's so good for Niwot to continue to have a restaurant in that location."


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