In a few weeks, Denver Metro’s $1.7 billion TREX Light Rail line will open up. It’s a wonderful addition to our much needed public transportation system. The new light rail will service SE Denver Metro’s suburb communities all the way to Lone Tree.
Along the Light Rail line, many new urban villages have popped up. As Realtors we have been busy learning about each new area and what it has to offer. We are also working on remembering where the Light Rail stations and parking are located. Having this knowledge readily available is very helpful when working with clients who plan to use the Light Rail to commute to Downtown Denver, DTC – Denver Tech Center or any of the light rail stops along the way.
Lone Tree to add Goburb Village…
At the end of the line, in Lone Tree a development company just announced they plan to build an energy-efficient, transit-oriented development just south of Park Meadows Mall. The plans are to build 2 million square feet of office space, 2,000 residential units and 50,000 square feet of retail space.
Developers of the area believe this concept will be used as a model for other cities. They have coined a new term, "goburb village" to describe it’s location, between urban and suburban.
Components in building the goburb village will encorporate green sustainable building and a higher density population; 3 times the amount of a suburban area. The project will be completed over 8 years.
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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