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New Richmond American Homes Coming Soon to Pueblo
Villa Bella will offer eleven popular floor plans!
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PUEBLO, Colo., May 26, 2021 /PRNewswire/ Richmond American Homes of Colorado, Inc., a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC) and the first homebuilder at the highly anticipated Villa Bella community in Pueblo, is pleased to announce that it will open Villa Bella for sales in May 2021. The Denver-based homebuilder has been constructing homes throughout the state for over 40 years, and it recently re-entered the Pueblo market with its sought-after Seasons at Crestview Hills (RichmondAmerican.com/CrestviewHills) community.
When it comes to Pueblo’s real estate market, although residential properties seem to sell in the blink of an eye, commercial real estate is not following the same trend yet.
“Our commercial market has been pretty good for the last several years, but not hot. It is not anything like the rest of the state,” said Dan Molello, a RE/MAX Pueblo realtor who has sold commercial real estate for 49 years in Pueblo.
Even though Pueblo’s residential real estate is selling like hot cakes and pretty much any kind of house will sell fast, commercial real estate, “Is nothing like the residential market that’s for sure not even close. They always have been two different markets,” Molello explained.
When ENSCO, Inc., was awarded a $571 million contract to provide research and testing at Pueblo’s transportation technology center located at 55500 DOT Road earlier this month, the Washington, D.C.-based company agreed to expand the center’s purpose beyond railroad research to include all forms of ground transportation.
The contract calls for ENSCO to support the Federal Railroad Administration and the U.S. Department of Transpiration’s goal of “establishing the center for rail and ground transportation innovation. ENSCO will expand the use of the facility to support other government and commercial entities to achieve the broader mission of transportation safety, security and innovation,” according to a company press release.