{"data":{"type":"company_profile_ai","id":66265,"entity_id":"wefunder:company:66265","attributes":{"canonical_url":"https://wefunder.com/fuelandiron","retrieval_urls":{"canonical":"https://wefunder.com/fuelandiron","json":"https://wefunder.com/fuelandiron.json","markdown":"https://wefunder.com/fuelandiron.md","ai_json":"https://wefunder.com/fuelandiron.ai.json","ai_text":"https://wefunder.com/fuelandiron.ai.txt","changelog_json":"https://wefunder.com/fuelandiron.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-23T05:01:31Z","generated_at":"2026-06-23T19:04:18Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":66265,"entity_id":"wefunder:company:66265","slug":"fuelandiron","name":"Fuel \u0026 Iron","tagline":"A catalyst food hall and apartment project in historic downtown Pueblo, Colorado","elevator_pitch":"Fuel and Iron is a real estate development in downtown Pueblo, CO, in the Union Ave. Historic District. We are converting the historic Holmes Hardware Block building into a food hall and 28 apartment units. The food hall will serve as a restaurant incubator, helping the next generation of restaurateurs in Pueblo develop their concept and prepare to open their own brick and mortar. The apartments will bring needed density downtown, supporting the food hall and all businesses in Downtown Pueblo.","location":"Pueblo, CO","website":"https://bit.ly/3oFl8vP","total_amount_raised":84300,"total_investors":105,"is_funded":true,"is_active":true},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 84300","citation":"https://wefunder.com/fuelandiron#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-23T05:01:31Z","as_of":"2026-06-23T19:04:18Z","confidence":"high"},"observed_at":"2026-06-23T05:01:31Z","expires_at":"2026-06-24T05:01:31Z"},{"claim_id":"claim-total-investors","text":"Total investors: 105","citation":"https://wefunder.com/fuelandiron#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-23T05:01:31Z","as_of":"2026-06-23T19:04:18Z","confidence":"high"},"observed_at":"2026-06-23T05:01:31Z","expires_at":"2026-06-24T05:01:31Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 84300","citation":"https://wefunder.com/fuelandiron#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-23T05:01:31Z","as_of":"2026-06-23T19:04:18Z","confidence":"high"},"observed_at":"2026-06-23T05:01:31Z","expires_at":"2026-06-24T05:01:31Z"},{"claim_id":"claim-total-investors","text":"Total investors: 105","citation":"https://wefunder.com/fuelandiron#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-23T05:01:31Z","as_of":"2026-06-23T19:04:18Z","confidence":"high"},"observed_at":"2026-06-23T05:01:31Z","expires_at":"2026-06-24T05:01:31Z"}],"company_claims":{"tagline":"A catalyst food hall and apartment project in historic downtown Pueblo, Colorado","elevator_pitch":"Fuel and Iron is a real estate development in downtown Pueblo, CO, in the Union Ave. Historic District. We are converting the historic Holmes Hardware Block building into a food hall and 28 apartment units. The food hall will serve as a restaurant incubator, helping the next generation of restaurateurs in Pueblo develop their concept and prepare to open their own brick and mortar. The apartments will bring needed density downtown, supporting the food hall and all businesses in Downtown Pueblo.","story":"The city of Pueblo has a rich history centered around building the American West. At the helm of this growth was Colorado Fuel \u0026amp; Iron, a steel mill that was once the largest employer in Colorado with 15,000 workers from around the world speaking 40 different languages. At its prime, Colorado Fuel \u0026amp; Iron employed one-tenth of the state’s entire workforce, 15,000 workers, and was listed on the Dow Jones Industrial Exchange. Today, Pueblo’s steel mill is still producing rail, seamless pipe, rod, and coiled reinforcing bar and an integral part of the economy.Holmes Hardware Block Redevelopment\u0026nbsp;Inside the former Holmes Hardware Company sits the future site of Fuel \u0026amp; Iron. Part of the Holmes Hardware Block, a two and a half acre site, the historic building sits on the southern edge of downtown across from Pueblo’s Union State near the Riverwalk. The company was a partnership between George Holmes, a self-made businessman, and Alva Adams, a three-term governor of Colorado and the eponym of Adams County. After a fire destroyed the original wood-frame Holmes Hardware Block in 1915, the building was immediately reconstructed with its original façade but with a fireproof concrete structure, leading it to survive the flood of 1921. The Fuel \u0026amp; Iron project plans to generate increased traffic by locals and tourists to strengthen current businesses and encourage growth.The building sits on the southern edge of downtown, directly across from Pueblo’s Union Station and at the opposite end of Downtown from the Riverwalk, downtown Pueblo’s biggest draw. By creating an incredible amenity at the other end of Union Ave. from the Riverwalk, Fuel \u0026amp; Iron will draw locals and tourists alike back and forth along Union Ave., generating increased traffic and opportunity for the businesses in between. As such, Fuel \u0026amp; Iron will be not only a success in and of itself, but a boon to downtown Pueblo and the city as a whole.The Fuel \u0026amp; Iron\u0026nbsp;ProjectThe redevelopment of the Holmes Hardware Block will begin with the build-out of the hardware building to create Fuel \u0026amp; Iron, a food hall and housing complex. The building’s renovations will be the first phase of the project. A half-acre urban garden, parking lot for food hall customers and apartment residents, a performing arts space, and a half-acre lot dedicated to multi-family housing are planned for the second phase of the Holmes Hardware Block.Fuel \u0026amp; Iron will serve as an incubator for the next generation of great Pueblo restaurants. The five restaurant spaces within the food hall will be occupied by independent local chefs and restaurateurs. During this time, the up and coming culinarians will receive business planning and financing guidance, in addition to help with site selection and lease negotiation for their own brick and mortar location within Pueblo.After the restaurateurs are successful in opening up their own standalone brick and mortar location, their space in the food hall will be given to another restaurateur, and the cycle will be repeated, affording these entrepreneurial chefs opportunities they would not have otherwise had and at the same time invigorating the Pueblo restaurant scene as a whole!The upper floors of the Holmes Hardware block, in conjunction with Phase II of the site redevelopment, will bring much needed housing into Downtown Pueblo, and will help activate Pueblo’s downtown during a much greater portion of the week. The aim of the project is to be catalytic, encouraging more commercial and residential development downtown and further encouraging Pueblo’s growth in a way that honors local residents and businesses to live, work, and play downtown.Floor PlanFood Hall:Affordable Housing:Encompassing the second and third floors of the hardware building will be Fuel \u0026amp; Iron Apartments, a 28-unit complex. This project will consist of two studios, 18 1-bedroom units, and 8 2-bedroom units available for renters with 60% to 80% of the Area Median Income. This affordable housing complex along with the more than 20,000-square-feet plot designated for future residential development, will revitalize Downtown Pueblo allowing for a live, work, and play environment. The intention of the Holmes Hardware Block is to encourage further residential and commercial growth in Pueblo. The presence of residents downtown will create greater economic opportunities for all businesses. The Food \u0026amp; Iron project plans to be the catalyst to increase market demand for more housing development and the burgeoning of more local businesses.Community Impact\u0026nbsp;The Holmes Hardware Block redevelopment is designed to strengthen the restaurant community and surrounding businesses, increase tourism, and improve the economic prospects of food producers in Pueblo County. Food halls provide a diverse and dynamic employment pool that ranges from highly-skilled artisan and managers to entry-level service staff. The current projections have the Fuel \u0026amp; Iron Food Hall creating 57 FTE positions, including 29 entry-level positions. Fuel \u0026amp; Iron has created an internship program in conjunction with Pueblo Community College and the Business Management program at CSU Pueblo. This program is designed to give hands-on experience to foster entrepreneurship and forge paths for future employment.To impact the community, Fuel \u0026amp; Iron will partner with the Pueblo Food Project to reduce food waste and support Pueblo residents dealing with food insecurity. Together with Pueblo Urban Farmers, the team will develop a portion of the project into an urban farm to provide fresh ingredients to food hall restaurants along with a food box program. The project team plans to organize seasonal farmer’s markets providing other local food producers and vendors a platform to sell their goods. Project ScheduleThe project began in May 2020 with the creation of schematic designs, financial models, logos, and branding. Since then, Fuel \u0026amp; Iron has worked diligently with the city and state to assure the project prioritizes the preservation of the Holmes Hardware building. In July 2021, construction will begin with plans to open the apartments and food hall in Summer 2022.The InvestmentInvestors in the campaign will receive B Shares, which receive a 9% annual preferred return on capital. Interest began capitalizing on July 1, 2020, and the project team expects to be able to pay out distributions beginning in December, 2022. The distribution in 2022 will be larger to catch investors up for interest that capitalized in 2020 and 2021.","quick_facts":["Fuel \u0026amp; Iron includes a food hall, single-family and multi-family housing units, and other amenities.","Phase I includes five food vendors and a 28-unit housing in the historic Holmes Hardware Building.","The food hall model is a culinary incubator allowing restaurateurs greater margins.","Increased likelihood of distributors with a low amount of private capital with a preferred return."]},"computed_metrics":{"total_amount_raised":84300,"total_investors":105,"team_size":5,"featured_investor_count":1,"faq_count":5,"recent_post_count":7},"quick_facts":[{"claim_id":"claim-fact-1","value":"Fuel \u0026amp; Iron includes a food hall, single-family and multi-family housing units, and other amenities.","citation":"https://wefunder.com/fuelandiron#claim-fact-1","observed_at":"2026-06-23T05:01:31Z","expires_at":"2026-06-30T05:01:31Z"},{"claim_id":"claim-fact-2","value":"Phase I includes five food vendors and a 28-unit housing in the historic Holmes Hardware Building.","citation":"https://wefunder.com/fuelandiron#claim-fact-2","observed_at":"2026-06-23T05:01:31Z","expires_at":"2026-06-30T05:01:31Z"},{"claim_id":"claim-fact-3","value":"The food hall model is a culinary incubator allowing restaurateurs greater margins.","citation":"https://wefunder.com/fuelandiron#claim-fact-3","observed_at":"2026-06-23T05:01:31Z","expires_at":"2026-06-30T05:01:31Z"},{"claim_id":"claim-fact-4","value":"Increased likelihood of distributors with a low amount of private capital with a preferred return.","citation":"https://wefunder.com/fuelandiron#claim-fact-4","observed_at":"2026-06-23T05:01:31Z","expires_at":"2026-06-30T05:01:31Z"}],"latest_fundraise":{"id":36820,"entity_id":"wefunder:fundraise:36820","state":"successful","offering_type":"4(a)(6)","structure":"equity","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2020-09-23T23:26:51Z","funding_closed_at":"2021-09-28T05:02:58Z"},"investor_memos":[],"team":[{"id":1066850,"entity_id":"wefunder:company_role:1066850","name":"Nathan Stern","title":"Co-Founder","role":"founder","profile_url":"https://wefunder.com/nathan.stern.2"},{"id":1066859,"entity_id":"wefunder:company_role:1066859","name":"Zach Cytryn","title":"Co-Founder","role":"founder"},{"id":1101298,"entity_id":"wefunder:company_role:1101298","name":"Greg Topel","title":"Food Hall Operator","role":"employee"},{"id":1492300,"entity_id":"wefunder:company_role:1492300","name":"Ryan Madic","title":"Development Intern ","role":"employee","profile_url":"https://wefunder.com/ryanmadic"},{"id":1591397,"entity_id":"wefunder:company_role:1591397","name":"Susan Powers ","title":"Co-Developer ","role":"employee"}],"featured_investors":[{"id":5177,"entity_id":"wefunder:company_investor_profile:5177","name":"Alice L. 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Thank you so much for your contribution!"},{"question":"Are there opportunities for investing in common units of the company? Will preferred unit-holders be allocated a portion of the historical preservation and new market credits on their K-1s?","answer":"Hi Lucas, at this time we are only offering B (preferred) shares. The investors in the tax credits will receive 99% of the tax credits, and so we don't anticipate having a meaningful amount of credits to offer to preferred shareholders, nor for the common shareholders (Zach and myself)."},{"question":"I am just seeing your opportunity..since your raise is so low compared to goal are you still going to let Investors be involved or will wefunder require that the Investors get a refund etc. Obviously you are going to have to raise money from VC's. Have you spoken to any yet? I...","answer":"Hi John if we don’t hit our goal the investors will get their money refunded to them. After we finish construction, the cash flow from the food hall and the apartments should pay for the debt service on the project so we don’t anticipate raising additional capital. We are open to doing similar projects in other cities/states down the road but don’t have any other projects in the pipeline currently. Thanks."},{"question":"So you already have the money you need to do the Construction, predevelopment etc?cause your raise you mentioned was to go towards that.","answer":"Hi John, we already have financing in place for the construction costs. However, we will not close on the financing for construction costs until July. The money we are raising now will go towards paying for predevelopment costs, until the rest of the funding comes in. Thanks for your interest!"},{"question":"Thanks for response Ryan. I want to invest but Nathan said if you guys don't reach the minimum Investors will just get their money back. Wefunder charges as soon as you click to submit investment amount they don't wait. I hate to invest just to get my money back. All companies...","answer":"John, Thank you for your consideration."}],"recent_posts":[{"id":149028,"entity_id":"wefunder:feed_item:149028","title":"LAST DAY TO INVEST","preview":"Just a reminder that the campaign ends tonight at 9PM MST.\u0026nbsp; We have crossed the 100 investor mark which is really exciting but would love to make sure you have the opportunity to invest if you so choose.\u0026nbsp; Thanks everyone!","published_at":"2021-09-27T17:31:11Z","canonical_url":"https://wefunder.com/feed/149028"},{"id":149007,"entity_id":"wefunder:feed_item:149007","title":"48 Hours to Invest and Governor's Visit","preview":"Hello everyone, we are almost at the end of our campaign.\u0026nbsp; We want to say a huge thank you to everyone who has invested so far - 98 and counting!\u0026nbsp; The campaign will end on Monday (9/27) at 9PM MST, and we want to make sure everyone who wants to invest can do so while it is still open.\u0026nbsp; We also wanted to share that Governor Polis, Mayor Gradisar, Colorado House Majority Leader Esgar, and DOLA Executive Director Rick Garcia toured the project on Friday, demonstrating the exciteme...","published_at":"2021-09-26T00:12:45Z","canonical_url":"https://wefunder.com/feed/149007"},{"id":149000,"entity_id":"wefunder:feed_item:149000","published_at":"2021-09-25T20:20:27Z","canonical_url":"https://wefunder.com/feed/149000"},{"id":148851,"entity_id":"wefunder:feed_item:148851","title":"LAST CHANCE TO INVEST (and other project updates)","preview":"Hello everyone, Nathan here.\u0026nbsp; I'm happy to announce that we hit our funding goal and we are closing our campaign (the campaign closes on Monday, 9/27).\u0026nbsp; The reason why we are closing the campaign now is that we are just about ready to close on our construction funding, which this equity will go towards.\u0026nbsp; All loan documents are expected to be signed next week, and closing should happen shortly thereafter.\u0026nbsp; The reason why the closing is delayed beyond the signing of loan doc...","published_at":"2021-09-21T18:54:25Z","canonical_url":"https://wefunder.com/feed/148851"},{"id":142706,"entity_id":"wefunder:feed_item:142706","title":"Coffee Break - Thank You!","preview":"Hello everyone, I wanted to thank everyone who was able to join us for our Coffee Break with the Pueblo Latino Chamber on June 3rd.\u0026nbsp;We had a great turnout and it was great to meet some of our investors for the first time.\u0026nbsp;Here is an article in the Chieftain about the event and the project:\u0026nbsp;\u0026nbsp;https://www.dropbox.com/s/px1aiv1j1cgjwt7/Chieftain%20-%20Puebloans%20tour%20historic%20Holmes%20Hardware%20building%20set%20for%20redevelopment.pdf?dl=0We are at 60 investors currently...","published_at":"2021-06-08T23:02:17Z","canonical_url":"https://wefunder.com/feed/142706"},{"id":142594,"entity_id":"wefunder:feed_item:142594","title":"Fuel \u0026amp; Iron Virtual Meet \u0026amp; Greet Thursday March 18 at 10AM!","preview":"Thank you very much for your support from the entire Fuel \u0026 Iron Team! We are extremely grateful for your commitment and investment in the redevelopment of the Holmes Hardware Block. We feel this project will be at the forefront of economic development for the Pueblo area!The Fuel \u0026 Iron Project is moving along extremely fast. Many important dates for the project are coming up soon! We would love to give you an update on the project and more information during a live conversation this week! Y...","published_at":"2021-03-15T20:06:51Z","canonical_url":"https://wefunder.com/feed/142594"},{"id":142457,"entity_id":"wefunder:feed_item:142457","title":"Fuel \u0026amp; Iron Investor Update","preview":"Dear Fuel \u0026 Iron Investors,The entire Fuel \u0026 Iron Team has been working tirelessly to ensure the success of the redevelopment of the Holmes Hardware Block. Many goals and milestones have been met within the last few weeks. Listed below are a few of the project's most recent successes.Four restauranteurs have been selected to be vendors in the food hall and have signed Letters Of Intents. The sixth vendor will be a coffee and ice cream shop. Three of the vendors are established local restauran...","published_at":"2021-03-09T18:32:21Z","canonical_url":"https://wefunder.com/feed/142457"}],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-23T19:04:18Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-23T05:01:31Z","as_of":"2026-06-23T19:04:18Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-23T05:01:31Z","as_of":"2026-06-23T19:04:18Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-23T19:04:18Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-23T19:04:18Z","confidence":"medium"}}}}}}