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
Virtu Investments Buys Colorado Mixed-Use Property for $151M
Reve Boulder is located in a Qualified Opportunity Zone and scheduled for completion in the next several months. Mar172021 Image courtesy of Southern Land Co. and GTIS Partners
Developer Southern Land Co. and financial partner GTIS Partners have sold the multifamily and retail components of Reve Boulder in Boulder, Colo. The $151.3 million sale was to real estate firm Virtu Investments. Located in a Qualified Opportunity Zone and bearing an address at 30
th and Pearl Streets, Reve Boulder is a mixed-use property featuring 242 residential units, as well as 17,500 square feet of retail space.