Work is underway on more construction and projects for housing, retail, grocery and other uses east of Interstate 25. The developer lays out some project timelines.
The giant master-planned real estate project RidgeGate, in Lone Tree, is gearing up for a “transformative” year as work continues to bring more residential and commercial projects to the area.
The mixed-use development, which 6,000 people call home, is almost fully built on the west side of Interstate 25, with expansion currently taking place east of the highway.
“RidgeGate is a thriving community that continues to attract more people and businesses thanks to the flourishing lifestyle amenities, its connection to nature, nearby employment opportunities, diverse residential offerings and its connection to transit,” said Darryl Jones, senior vice president of Coventry Development Corp., the master developer for RidgeGate, in a news release.
There were several development milestones met in 2024, as the company launched the Lyric at RidgeGate neighborhood, completed affordable and market-rate residential elements and added retail and corporate businesses, Coventry's announcement said.
This year, plans include adding more residential units, retail sites, parks, civic facilities, an amenity center and a school to the mix.
“We are excited for the next chapter at RidgeGate and believe 2025 will be a transformative year,” Jones said.
Over 100 homes have been completed at Lyric at RidgeGate, with 275 move-ins slated for this year.
Shea Homes, the master plan community developer, partnered with other home builders like Infinity, Lokal and Thrive Home Builders on the project. The 700-acres are anticipated to ultimately host 1,900 homes on the east side RidgeGate at full build-out, the announcement said.
Homes in the community include condos, townhomes, single-family detached homes and luxury homes, among others.
Developers have broken ground on the 7,500-square-foot Lyric Amenity Center, which has an opening date set for summer of 2026. Located at the southeast corner of Lyric Street and High Note Avenue, the center will include a welcome center, restaurant, and a fitness building with a pool.
Here are some of the other projects on tap for RidgeGate in 2025, per the announcement:
Other projects include the construction of a new elementary school, a mobility hub by the Colorado Department of Transportation, a new city of Lone Tree Justice Center and Public Works Operations facility, and the 3.36-acre Badger Gulch Park. Construction on the park will start this year, with its anticipated opening set for 2026.
Denver-Area Homebuilders
Dollar volume of Denver-area homes completed in 2023
Rank | Prior Rank | Business name |
---|
1 | 1 | Lennar Colorado LLC |
2 | 2 | Richmond American Homes of Colorado Inc. |
3 | 3 | Taylor Morrison of Colorado Inc. |
View this list