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Southern Land Co. Breaks Ground on $750M Colorado Project
The neighborhood development in Erie will include 1,200 single-family and multifamily homes. Apr062021
Southern Land Co. has begun construction on its first master-planned residential community in Colorado.
The developer will construct more than 1,200 single-family and multifamily homes on a 400-acre site in Erie, Colo. SLC originally purchased the land for its Westerly project in 2017 and has since tapped PCS Group Inc. as the land planner and landscape architect and Matrix Design Group as the engineer of record.
The homes will be built with front porches and rear-load garages in a neighborhood setting that will have landscaped streets and open green spaces. The $750 million project will also feature more than 100 acres of undeveloped open spaces as well as a 35,000-square-foot town center that will include restaurants and retail spaces. SLC will also construct amenities throughout the neighborhood in
Broadstone Nations (pictured) will sit on a two-parcel 6.3-acre property, which has a main address of
4717 Centennial Blvd. Alliance, which paid $10.35 million for the property in June 2020, is underway with a mixed-use building that will include 343 for-rent residential units.
The five-story building will offer studio, one- and two-bedroom apartments averaging 809 square feet. Amenities will include a private meditation room, individualized fitness spaces and a “spa-inspired” saltwater pool, according to a release.
Darek Bell, a local real estate investor and distiller who sold to Alliance,
said at the time of the transaction he eventually will lease back some of the future Alliance building space for artisan food and craft beverage production purposes for Corsair (which operates at Marathon Village and in Wedgewood-Houston).