Oakwood acquires Banning Lewis Ranch

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Patti Mason said:

Another LEED certified project breaking a sales record.
Latasha Taylor said:

I am Latasha Taylor and I am very excited to hear the news of the new beginning of this store! I live in the area and look forward to having a great shopping experience as well. I have also looked for interested in employment at this target and have already submitted an application. I now hope that I can be a great asset to this company. I can be contacted at 720-227-8801. It has been my pleasure to leave this comment.
dave barnes said:

2505 18th St, Denver, CO would been helpful
vivian e. vigil said:

I wish I was the one to purchase the both of them because if I did I'd make it into a low income housing project and let all my friends move in :)

07 June 2012 | Posted in Colorado Springs & Southern Front Range, Land

Oakwood Homes, in conjunction with Mountain Real Estate Funding Corp., acquired the 2,600-acre Banning Lewis Ranch in northern Colorado Springs.

The master-planned community was sold by a syndicate of former lenders, who took ownership last year. The property has “significant” infrastructure improvements in place and 251 permit-ready finished single-family lots, 88 paired-home lots and a development-ready pad for multifamily product.

Oakwood Homes, one of five builders in the area, plans to build 7,500 homes in the northern part of the ranch. See the June 20 issue for the full story.

View all posts by Jennifer Hayes

Jennifer Hayes has been an Editor with the CREJ for more than 12 years. Jennifer covers all commercial real estate news for all property types in the Colorado Springs/Southern Front Range and the Western Slope/Mountain Town areas. Jennifer also is Editor of the Construction/Design/Engineering section, the Economic Development section and the Shopping Center section.

Before joining the Colorado Real Estate Journal, Jennifer served as the Assistant Sports Information Director at Texas A&M-Commerce. She earned her bachelor's degree in broadcast journalism from the University of Colorado and a master's degree in education from A&M-Commerce.

When not bringing you the latest in commercial real estate news and views for the Denver area, Jennifer enjoys spending time with her husband and son, sports, dining out, reading, and perfecting her cookie and cupcake icing technique.

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