Village Homes unveils 700-home community

Village Homes unveils almost 700 new home community.

Village Homes plans 698 homes in Denver Connection.

Village Homes exects all of the homes to be priced below $400k.

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Denver Mayor Michael B. Hancock at the Village Homes groundbreaking. Photo credit: Ellen Jaskol.

Almost 700 new homes, all priced below $400,000, are coming to northeast Denver.

Village Homes of Colorado recently broke ground on a 698-home community as part of Denver Connection, a mixed-use development at Chambers Road and Green Valley Boulevard.

Single family homes at Village Homes at Denver Connection are expected to range in size from 1,245 to 2,462 square feet.

Homes will be priced from the mid-$200,000 to the high $300,000s.

The average price of all homes sold at the end of September was $396,706, according to the Denver Metro Association of Realtors.

The average price of a single-family home closed at the end of last month was $440,937.

Village Homes is offering buyers both traditional and contemporary architectural designs.

“This is a very thoughtfully designed and amenitized community,” said Jeff McGovern, Colorado division manager of Village Homes.

“It 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 homeownership opportunity with lifestyle flexibility,” McGovern said.

Village Homes plans to build 284 single family detached homes and 414 townhomes on the 115-acre site.

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A preliminary site plan of Village Homes at Denver Connection in northeast Denver.

The community will be characterized by “connections”— both internally and externally.

The community will include 40 acres of open space, parks, common area landscaping and a number of amenities.

Amenities will include a 10-acre city park, dog park and a multi-use community facility with outdoor pool called “The HUB.”

Recently built retail is on the east side of Denver Connection.

Large employers such as Panasonic, Kärcher and the Anschutz Medical Campus are nearby. Light rail trips to DIA and Downtown are less than 20 minutes away from 40th Avenue and Peña Boulevard station.

“With a live-work-play atmosphere, Denver Connection will be a phenomenal addition to one of our city’s fastest growing communities, and I’m proud to welcome them to the neighborhood,” said Denver Mayor Michael B. Hancock, who attended the groundbreaking ceremony.

“And with the connectivity this new area will provide, there’s no doubt this will be an active and vibrant place for new residents,” Hancock added.

The project will also complete a larger and long-awaited regional connection—the expansion of Green Valley Ranch Boulevard from two to four lanes between Chambers Road and Peña Boulevard.

“The 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,” said Denver City Councilwoman Stacie Gilmore, who also attended the ground breaking.

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Councilwoman Stacie Gilmore at the Villages Homes groundbreaking in northeast Denver. Photo credit: Ellen Jaskol.

“District 11 has waited for decades to see development on this high-profile corner and we look forward to welcoming our new friends to our wonderful neighborhood,” Gilmore added.

Village Homes is anticipating a grand opening of its models in the spring and summer of next year.

The project’s development team includes Norris Design, Entitlement Engineering Services, Giles Gollata Means PC, The Stanton Solution and Premier Earthwork and Infrastructur.

Village is a division of William Lyon Homes. William Lyon Homes, with a market cap of about $551 million, is based in Newport Beach, California.

 Have a story idea or real estate tip? Contact John Rebchook at JRCHOOK@gmail.com. DenverRealEstateWatch.com is sponsored by 8z Real Estate. To read more articles by John Rebchook, subscribe to the Colorado Real Estate Journal.

 

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John Rebchook

John Rebchook has more than 30 years of experience in writing and communications. As the Real Estate Editor for the Rocky Mountain News, he wrote about residential and commercial real estate for 26 years. He has won numerous awards for business stories and columns that he wrote, both as an individual and part of teams. In addition to real estate, he also covered economic development, banking and financing, the airlines, and cable TV for the Rocky. In addition, he was one of the original freelance writers for GlobeSt.com, covering commercial real estate for the Internet publication.

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