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Candelas
Highway 93 and Highway 72
Arvada, Colorado
GF Development Group is the majority owner/ member in Arvada
Residential Partners, LLC. This entity owns a large tract of land located in Arvada,
Colorado (west Denver suburb). The property is zoned for residential development and
a plan is being finalized with the City of Arvada to allow for 1500 residential units.
The intent is to install the main infrastructure (roads, water, sewer, etc) and sell
finished home sites to major home builders. It is anticipated that the full plan will
be completed within ten years.
- Property Type: Vacant land to be developed for residential home sites
- Property Size: 755 acres
- Projected Number of Units: 1500
- Land Area/Density: 2.5 units/acre
- Zoning: City of Arvada -- Official Development Plan
- Investment Time: 10 years (estimate)
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