Developer expands DIA-area project
By asvaldi@denverpost.com
Aldo Svaldi
Landmark Properties Group
has purchased an additional 1,300 acres near
Landmark paid $34 million
to Van Schaack Holdings and Defco
Farms for the land, which will be added to acreage that a joint venture
including Landmark and a syndicate of German investors already controls.
"As you look at the
projections of how the population of
The master-planned
community will be east of
Of the project's 1,800
acres, 450 are dedicated to the development of 1,600 single-family and 1,400
multifamily homes from $150,000 to $750,000.
Richmond American Homes,
Capital Pacific Homes and Woodcrest Homes are under contract to purchase lots
within
About 800 acres of
commercial land is slated for 10.5 million square feet of office, retail and
other commercial space, including a 350-room conference center hotel. The
conference center will be designed to host meetings of 20 to 250 people,
Pittman said.
The remaining 550 acres
will be set aside for trails, parks, open space and an 18-hole golf course
designed in the British links style.
The development will be
the closest yet to DIA, Pittman said, but Landmark is working closely with the
city to mitigate noise impacts. The nearest
Staff writer Aldo Svaldi can be reached at 303-820-1410 or asvaldi@denverpost.com.
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