Housing Development Boom Marches On
Residential development is continuing to boom in the 80108 ZIP code and its outskirts, and the proof is all around us.
Significant progress has been made on The Townes at Skyline Ridge, a project that consists of 187 townhomes about a quarter-mile south of Castle Pines Parkway, between Lagae Road and I-25. The townhomes, as well as pocket parks to serve its residents, are being built on 18.7 acres of land in the Castle Valley development, formerly known as Lagae Ranch.
Construction activity has also picked up east of the I-25 and Ridgegate Parkway interchange, where the only previous vertical development to occur was the RTD RidgeGate Parkway light rail station and parking garage. Earth scrapers have spent recent weeks grading the landscape as part of an initial phase to extend Lone Tree’s RidgeGate development, a portion of which currently exists northwest of the aforementioned interchange.
Work on two apartment complexes, including Lone Tree’s first affordable housing project, is now underway near the light rail station, southwest of the intersection of South Havana Street and High Note Avenue. The frame of the 67-unit apartment building is taking shape alongside the RidgeGate Station Apartments, a 540-unit apartment/mixed-use development with retail components. The first residents are expected to move in later this year or early next year.
Land is being prepared on the south side of Ridgegate Parkway to make way for the first wave of single-family homes to undergo construction in the area. The initial phase of the subdivision, Southwest Village, consists of 365 homes on 185 acres. At full build-out, it will number 1,860 single-family attached and detached homes and townhomes, with a few commercial components and an 80-acre regional park.
Motorists traveling on I-25 south of Castle Pines Parkway can now look east and see the newest apartment buildings in The Canyons, a mixed-use development that continues to grow on the east side of the City of Castle Pines. The Canyonside apartments, a 325-unit multifamily residential project, is being built between Canyonside Boulevard and Cross Canyon Trail in The Canyons.
Aside from residential development, Life Time Fitness announced plans last year to build a 109,000-square-foot health and wellness center on the southeast corner of Castle Pines Parkway and Canyonside Boulevard, with a tentative opening date in the first quarter of 2024. A few miles to the east, in Parker, Trader Joe’s is in the process of hiring staff for its new location northeast of E-470 and South Parker Road, near Costco.
Article and photo by Chris Michlewicz