Solterra Homes for Sale
by Steve and Lorri Hose Littleton Metro Brokers

Coming Soon!
New Rooney Valley Homes in the Western Lakewood Colorado area.

Article courtesy of the Rocky Mountain News

By John Rebchook, Rocky Mountain News : July 28, 2006
 

Developer outlines new community in western Lakewood
Carma Developers Llp ©. Carma, a large "community builder," plans a $550 million housing development on 280 acres along Alameda Parkway near C-470 at the western edge of Lakewood.

Click here for the C470 Website

The development, Solterra, is the first in the 2,000-acre Rooney Valley, which Lakewood and nearby Morrison have wanted to develop for almost 25 years. The area was plagued by a troubled metropolitan district, which tied up the land in a bankruptcy court battle for years.

Solterra, which eventually will have about 1,400 homes, represents the largest residential development that will be built in Lakewood, said Mike Rock, the city's manger.

Solterra will be the site of the 2008 Parade of Homes.
 

"The Rooney Valley is the west side's version of the Denver Tech Center, although future office buildings obviously will be built to a different scale," Rock said.

Solterra, he said, will help attract new office buildings to the area, which likely will be the next phase at the Rooney Valley. Solterra will be the largest residential portion.

Carma will pay to bring utilities and roads to the areas, which will set the stage for future developments, he said.

"Carma, in my opinion, is not only one of the best residential developers in the metro area but in North America," Rock said. "I like that they build all of their amenities at the front end of the project. All developers show you these beautiful renderings of what their projects are going to look like. What I like about Carma is that the finished product actually looks better than the renderings."

He said there is plenty of water not only for Solterra but also for future projects in the Rooney Valley. Also, Solterra likely will spur a new interchange at Alameda and C-470, which he said will dramatically improve traffic flow in the area.

Carma is headquartered in Calgary, Alberta, but recently leased space for its U.S. headquarters at the Corporex Center at 188 Inverness Drive West in the southeast metro area. Carma is a subsidiary of Brookfield Properties, owner of the 56-story Republic Plaza, the tallest building in Colorado.

Tom Morton, a senior vice president at Carma, noted the company's been working on Solterra for about two years. "It's hard to find large parcels of land on the west side of town," Morton said. "You're up against the foothills and most of the cities on the west side are completely built out, so it is unusual to have a large parcel like ours."

He noted Solterra will be a short drive from the Denver Federal Center, Belmar and Red Rocks Park, and is less than an hour from skiing. "It will be appealing to people for the reasons that we live in Colorado," he said. "In minutes, you can be on a trail mountain biking in the foothills, but you're only 20 minutes from downtown."

"Rather than land developers, we prefer to think of ourselves as a community developer," Morton said.

________________________________________________________________
 

If you are looking for a home or property in the NEW Rooney Valley Colorado area, Steve and Lorri Hose of JSO Reality can help you locate your next purchase or handle your next property sale.

At www.homesbyhose website, we do NOT require your personal information just to search through our properties.
 

Steve and Lorri Hose
JSO Realty

Steve: (303) 810-2162
Lorri: (303) 810-5153

Email Lorri
Email Steve

Search for
South Denver Homes
Click Here