New parks, commercial and residential projects moving forward as people prioritize home, work and lifestyle amenities
The RidgeGate community in Lone Tree, Colorado, saw significant momentum with the completion of several major development milestones last year and expects to see progress on the east side in the year ahead. New infrastructure, public transportation, extensive parks and open space, retail space, commercial and residential offerings are taking shape to further expand this complete community where people can live, work and play.
“RidgeGate was designed with the goal of helping companies and people thrive, and each year we deliver on the promise of creating a community with lifestyle amenities, connection to work and nature, and diverse residential offerings,” said Keith Simon, Executive Vice President and Director of Development for Coventry Development Corporation, the master developer for RidgeGate. “We are excited for the next chapter at RidgeGate and believe 2023 will be a transformative year.”
Residential
The residential opportunities at RidgeGate are continuing to grow — last year Shea Homes began developing the first phase of Lyric at RidgeGate, named for its poetic approach to Colorado living. Phase 1 comprises 185 acres and 430 homes, and is well on its way to becoming a highly anticipated new neighborhood on the east side. As the master homebuilder, Shea Homes, and other select homebuilders, will build approximately 1,900 homes just east of the RTD RidgeGate Station–with their Phase 1 model homes and sales kicking off mid 2023 and first residents occupying homes before the end of 2023. This year they will also begin site work on Phase 2 – which Shea Homes acquired in late January. Shea signed an agreement with Quantum Fiber, a Lumen Technologies brand, to construct a state-of-the-art all fiber broadband network. With the Quantum Fiber network in Lyric residents will experience the benefits of high-performance, reliable connectivity, including enhanced Wi-Fi, as a standard home amenity to work from home, take online classes, or connect with friends and loved ones—all with unlimited data.
“We are grateful to have a strong partnership with RidgeGate as Lone Tree continues to grow on the east side of our City,” said Jackie Millet, Mayor, City of Lone Tree. “RidgeGate is committed to ensuring that this growth is sustainable, thoughtful, and enhances the quality of life for Lone Tree residents and visitors. We value the expertise and collaboration of RidgeGate as we work to create a vibrant and thriving community for generations to come.”
Several East Side projects have also commenced construction or are scheduled for completion this year, including:
RidgeGate West
On RidgeGate’s west side, numerous large-scale corporate campus projects recently reached completion. Charles Schwab’s mixed-use retail, conference center and parking building is now complete and Kiewit’s New Regional Campus opened last year with the completion of their second building – a 150,000-square-foot building.
Construction was completed at the end of 2022 on the Novus Sky Ridge Station Apartments, a new 240-unit apartment complex situated on the last parcel of land at the Sky Ridge Station transit-oriented development (TOD) site. The seven-story apartment complex, which includes two levels of parking, is adjacent to several large employers in the area including the Sky Ridge Medical Center, Charles Schwab and Kiewit’s regional headquarters.
Living Spaces announced their first Colorado location on the final large retail site on the West Side at RidgeGate Commons (near Cabela’s and Sierra Restaurant) and will start construction in early 2023.
“RidgeGate is a prime example of a mixed-used community that has been successfully attracting large corporate campuses looking to be embedded in a desirable walkable and diverse community in order to enhance their employee retention and recruitment,” said Simon.
About RidgeGate
RidgeGate is a mixed-use community in Lone Tree, Colorado, that is currently home to 6,000 residents. The community began taking shape in 2003 with the Sky Ridge Medical Center and is nearly fully developed on the west side of I-25 with expansion now beginning on the east side of I-25. RidgeGate encompasses a total of 3,500 acres, or six square miles, and is designed to seamlessly integrate urban amenities and residential neighborhoods with beautiful natural open spaces, parks and trails. It is home to three light rail stations, dynamic shopping, dining and wellness as well as several large employment campuses, all joined by a highly connected and walkable UrbanScape ®.