In a bit of good news for area home buyers, the median home price in metro Denver remained unchanged in June, which may be a signal that the real estate market in the Mile High City is hitting its
700 New Homes Slated For Construction In Green Valley Ranch
The Denver Post reported last week that Village Homes of Colorado broke ground on 700 new homes in the Green Valley Ranch neighborhood. The development, named Denver Connect, includes 284 single family homes and 414 attached town-homes over a 115-square mile area. According to the article, 40 of those acres will be reserved for open space, including a 10-acre park that will be maintained by Denver Parks and Recreation.
Denver Connect Home specs:
Homes will range between 1,242 square feet and 2,450 square feet.
They’ll be priced between the mid $200,000s to the high $300,000s.
The first model homes are scheduled to be finished in spring or summer 2017.
Developers say that Denver Connection will have broad appeal to people who work at nearby companies, DIA and downtown Denver, especially those who travel a lot, want an easily accessible location in the city and county of Denver and are looking for a home-ownership opportunity with lifestyle flexibility.
A main component of the development includes the widening of Green Valley Ranch Boulevard from two to four lanes between Chambers Road and Peña Boulevard. Village Homes will be covering the bill for that as part of the project.
In a press release from the city, Denver City Councilwoman Stacie Gilmore new Village Homes development will connect two major communities through the expansion of Green Valley Ranch Boulevard, create spacious new parks, and encourage much needed retail development.