North of Castle Rock, the Canyons South community has been purchased by an affiliate of Denver-based Cooper Investment Group. The site has been approved for 698 upscale single family residences, an 18-hole golf course and a country club.
Prices are expected to be in the $500k to $1 million plus range. The developer expects to make the first lots available to the builders late in 2006. The total build out time of the neighborhood is expected to take about 10 years.
Considering the excellent location of the property and the expected diversity of the neighborhood, this project will be one that does well.
About the Author
Kristal Kraft
Kristal has been helping buyers and sellers in Colorado since 1984. She enjoys sharing her knowledge of the Metro Denver Real Estate market via blogging and in person while driving around the beautiful Rocky Mountain town of Denver! For fun, Kristal enjoys shooting things with a Canon. Visit Denver Photo Blog
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