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Mariano Medina built the first settlement in the area, Fort Namaqua, in 1858. It was a trading post and stage station, and the site is now Namaqua Park. Prior to that time it was a hub for French fur trappers dating back to the late 1700s.

Loveland, CO was officially founded in 1877 along the newly constructed line of the Colorado Central Railroad, near its crossing of the Big Thompson River. It was named in honor of William A.H. Loveland, the president of the Colorado Central Railroad. The city was founded one mile (1.6 km) upstream from the existing small settlement of St. Louis, the buildings of which were moved to the site of Loveland.

For the first half of the 20th century the town was dependent on agriculture. The primary crops in the area were sugar beets and sour cherries. In 1901 the Great Western Sugar Company built a factory in Loveland, which remained as a source of employment until its closure in 1977. During the late 1920s the Spring Glade Orchard was the largest cherry orchard west of the Mississippi River. At that time the cherry orchards produced more than $1 million worth of cherries per year. A series of droughts, attacks of blight, competition from growers in other states, and finally a killer freeze destroyed the industry. By the late 1960s cherries were no longer farmed at scale, although orchards remained in southeast Loveland and nearby Masonville into the 1990s.