Cardel Homes

by | Oct 3, 2024 | Market Research/Development feasibility

Services: Single Family Lot Market Trend Analysis Location: Greater Denver Metropolitan Area, CO THK Associates, Inc. was retained by Cardel Homes to assess recent and historical trends in sales prices of platted single family lot sales and finished single family lot sales that were sold in tranches by developers to nationwide public homebuilders, in the following counties in Colorado; Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, and Jefferson Counties. Further, THK Associates, Inc. then compared these sales to a number of relative statistics, including the Denver MSA Case Shiller Average Home Price and the S&P 500 average close price. This data allowed Cardel Homes to better comprehend the pricing trends allowing them to strategically position themselves in the marketplace for buying residential land for development.

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Badger Gulch Park at Ridgegate

Badger Gulch Park at Ridgegate

Badger Gulch Park, spanning 3.36 acres, is poised to become a serene yet vibrant natural gathering place on the east side of RidgeGate. It will be situated in the RidgeGate Village Center, where RidgeGate Parkway splits into one-way streets. This park will be a focal point for the community, accessible via an iconic pedestrian bridge that connects both sides of the park, providing access to the Badger Gulch regional trail, as well as connections to the nearby residential communities of Lyric at RidgeGate™ and the future South East Village.

Residents, especially those from the forthcoming senior housing community, will enjoy an array of amenities designed for relaxation and recreation. The park will feature a pavilion, picnic tables, a restroom, a showcase garden, fitness equipment, children’s play areas, and an inspiring public art installation, creating a lively and inclusive environment for all.

With generous support from the Rampart Range Metropolitan District, Badger Gulch Park will not only provide a beautiful space for leisure but also play a crucial role in preserving the local natural habitat for years to come.