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Federalworker, Renter in Alexandria, VA

No new construction in Boulder, CO?

Asked by Federalworker, Alexandria, VA Thu Dec 22, 2011

I was looking for new homes in Boulder, CO and it seems that there were no new homes being built (affordable homes for the non-millionaires). Is there anything planned in the forseeable future? 2012-2013

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BoulderSuZ’s answer
|||||||||||||||||||||| UPDATE May 2012 |||||||||||||||||||||||||||||||||||

There is good news on this front!

L O N G M O N T -- Longs Peak and Main LLC, a company led by Longmont developer Cotton Burden, has plans to build a four-story, 115-unit building at the corner of Main Street and Longs Peak Avenue in downtown Longmont. The building would have first-floor retail space and provide renters the chance to live in a highly walkable downtown.

L A F A Y E T T E -- Milestone Development is continuing its activity to the north in Lafayette, with approval to build a 240-unit development named “Prasana” next to the 264-unit Prana development Milestone also built, partner Ken Kiken said.

Construction on Prasana, which is on U.S. Highway 287 north of the Good Samaritan Hospital, is expected to begin soon, Kiken said.

Both projects by Milestone are targeted for young professionals who commute to Boulder, Kiken said. Two other projects in Lafayette are going for the senior market.

L O U I S V I L L E -- RMCS has plans to build 228 apartments and 58 townhomes in Steel Ranch South, a 17.3-acre property northwest of the Colo. 42 and East South Boulder Road intersection. The project has received preliminary approval from Louisville and should get final approval from the Louisville City Council in July.

B O U L D E R -- Trammel Crow Residential Co., a Dallas-based builder and operator of multifamily residential projects, has submitted plans with the city to build a 232-unit project on an 8.6-acre site in Gunbarrel.

Developers have submitted a concept plan for the project, called The Alexan at Gunbarrel Flats. The Alexan is a brand owned by Trammel Crow.
0 votes Thank Flag Link Mon May 7, 2012
||||||||||||||||| UPDATE 2012 |||||||||||||||

This news article is a year old. However, if the development proceeds, there will be a lot of new construction in Boulder County's little town of Erie, which has about 19,000 residents now. The 965-acre community would add 10,000 new residents.

http://www.dailycamera.com/ci_17413624
http://camerahomes.com/at-home/erie-commons-and-bridgewater-…

A map of Erie development plans can be found at this link:
http://www.erieco.gov/DocumentView.aspx?DID=336
If you're looking for the Bridgewater development, which was in the preliminary plat stage at the time this map was published, it is marked in stripes on a field of blue.

More:
http://www.cdgcolorado.com/p-bridgewater.php
http://www.erieco.gov/archives/48/July%20August%202011%20Eri…
1 vote Thank Flag Link Sun Jan 1, 2012
There are many many new homes being built in all of Boulder county. What is your price range and we can assist you with finding one of the many new build homes that are currently under construction.
Janet 303-668-9987 JanetHThom@aol.com
http://www.ThompsonDaviauRealty.com
0 votes Thank Flag Link Sun Mar 23, 2014
|||||||||||||||||||||||||||||| UPDATE 2014 |||||||||||||||||||||||||||||||||||||||

Boulder is a slow growth city | ERIE has new and large housing developments
ERIE - In the planning stages for 14 years, the 968-acre Colliers Hill master-planned community that will bring 2,700 new homes to Erie during the next decade is finally under way.

Groundbreaking was scheduled in March when the Boulder County Business Report provided this information.

Originally known as Bridgewater and then Daybreak, Colliers Hill sits along the north side of Erie Parkway, running roughly from Weld County Road 3 to County Road 5 on the east side of town.

In addition to a wide mix of homes ranging from condominiums to 5,000-square-foot single-family homes, the neighborhood will feature 40 percent community open space, including more than 20 miles of trails, a 40-acre community park and multiple seven-acre neighborhood parks. There also will be three community amenity centers for residents that will have exercise rooms, meeting rooms, swimming pools and event spaces.

Builders Richmond American Homes and Shea Homes are both involved in the project.

The first phase of new homes will include 455 homes, ranging in price, Bellock said, from $275,000 to $675,000. As part of the redevelopment, County Road 3 will be revamped and renamed Colliers Boulevard from Erie Parkway north to Highway 52. The first phase of development will expand east and west from Colliers Boulevard.

A key aspect of Colliers Hill is the connectivity it provides. CDG also developed the Erie Commons neighborhood and commercial district that sits south of old town. Colliers Hill will provide pedestrian connectivity from both Erie Commons and old town all the way to Erie High School at the corner of County Road 5 and Erie Parkway.

Colliers Hill, which was delayed significantly by the recent recession, includes a site for a planned elementary school, but no commercial development of its own. Town officials, however, are expecting the neighborhood to have a major impact on future commercial development in town.

The Erie Highlands development just south of Colliers Hill is set to begin this year and bring 922 homes with it. Flatiron Meadows, an 875-unit development, is already underway on the west side of Erie.

Those developments will add to the 7,138 homes in the town currently. Erie, which has a population of 21,500, is expected to grow by 7,000 or more residents just through the addition of Colliers Hill.


Meritage
http://www.meritagehomes.com/search/denver-co/?gclid=CP3Dycq…

Ryland
http://www.ryland.com/find-your-new-home/8-denver/4708-vista…

Richmond
http://www.newhomesource.com/communitydetail/builder-600/com…

Shea
http://www.sheahomes.com/we-build/?utm_source=google&utm…

Happy home shopping!
0 votes Thank Flag Link Sat Mar 22, 2014
This question was asked in 2011, but it appears often on the first Boulder Q&A Page, so here is an update:

There is considerable new construction going on in Boulder city now (or planned for the near future), but no really big developments like Steel Ranch in Louisville.

Nickel Flats offers some of the least expensive dwellings. These condos (which are not part of the Boulder Affordable Housing Program) north of Pearl St. and East of 30th start at $229,000 for a small one bedroom. Some of these units are now pre-selling with a 2015 completion date.

For those who qualify for the Boulder Affordable Housing Program, a number of unit at Kalmia38 in North Boulder are currently coming available under $200,000.

There are three units listed now in at 1944 Arapahoe. These are townhouses under 1,200 square feet that sell in the low-mid $500s.

Construction at Dakota Ridge in north Boulder has been going on for a very long time and came to a near standstill during the recession. Now Markel Builders is finishing up. We understand there is a $1.5 million home that will soon be offered. Six townhouses in the $650,000 range are going under construction now. Three are already sold. The last affordable housing building (condos) is also just recently started in this neighborhood.

Just south of Dakota Ridge, construction at a development dubbed 820 Lee Hill should soon begin. Ground-breaking is scheduled for this month. When finished, this development will include 31 houses in the $400,000 to $600,000 range.

There are still four homes listed in the Northfield Village/Northfield Commons area somewhat to the east in North Boulder. These range from $659,900 to $849,900.

There are at least nine luxury units in the redevelopment of the old Washington Elementary School grounds off Broadway in North Boulder. These are attached dwellings, in roughly the $1 million range.

There currently is $1,565,000 home available in the Granary, which is near Wonderland lake. Also, there are several new luxury homes offered on a one-off basis in various areas around Boulder.

For more information, please contact me via this website.

Ron Rovtar
Berkshire Hathaway HomeServices
Real Estate of the Rockies
0 votes Thank Flag Link Tue Mar 18, 2014
Just a quick update: The 820 Lee Hill development mentioned above has been sold to a new builder and the name is being changed, though the project seems pretty much on track. for details: http://www.bcbr.com/article/20140606/NEWS/140609975
Also, a lots at a development named "Trailhead" are being sold now. This is on the west side of Boulder adjacent to 4th St. near Mt. Sanitas. It also is within walking distance to Pearl St.
Flag Tue Jun 10, 2014
I just posted about the new community at Trailhead. Alas, pricey, but here is a link: http://www.boulderrealestatenews.com/boulder-trailhead/ There is also new construction at Kalmia38, really sharp paired homes. New homes in Boulder tend to be targeted towards the mid to upper price point, because it makes the most sense for the price per lot. There are also all sorts of Permanently Affordable options. Superior has a new project coming up called Superior Town Center too.
0 votes Thank Flag Link Tue Feb 25, 2014
Hi Federalworker,

You are correct that most of the available land within Boulder has already been built-out, which drives up prices in our area, despite the fact that the City of Boulder has had affordable housing policies and programs for almost 50 years. In fact, Boulder has been losing households that earn between $50,000 and $150,000 per year, and we've been and gaining households that earn $200,000 per year or more and $50,000 per year or less. Essentially, Boulder is pricing-out folks in the middle.

As others have indicated below, there are still a few new projects being built in Boulder, but there are many more being built in surrounding cities (which are generally more affordable that Boulder).
0 votes Thank Flag Link Mon Sep 23, 2013
Wow! Is Erie okay with this?
0 votes Thank Flag Link Sat Sep 21, 2013
The developer is Community Development Group, a Boulder firm.
http://www.cdgcolorado.com/p-bridgewater.php

Erie is getting infrastructure in this deal and will be able to serve commercial developments along I-25, which has been a lucrative tax base for its neighbors up the road - namely Frederick and Firestone. Note that Firestone has been growing like a weed.

Erie is located right at the crossroads of I-25 and E-470. Erie recently announced it is leaving a multi-city cooperative group to pursue its own destiny.

Erie's town council is OK with it. I would say the writing is on the wall. Erie straddles 5 counties, has an airport and strives to maintain its small-town charm - even as the town is preparing to double in size. The local high school team is the Tigers. No surprise there.
Flag Mon Sep 23, 2013
||||||||||||||| UPDATE September 2013 ||||||||||||||

Here is what Markel Homes is up to in Boulder County, and their homes are priced for non-millionaires:

http://markelhomes.com/snapshot.php
0 votes Thank Flag Link Sat Sep 21, 2013
Kalmia Estates off of 28th is just starting to break ground. There will be some affordables built in with the 700-900 thousand dollar homes.

Great location and some excellent builders.
0 votes Thank Flag Link Mon Sep 9, 2013
We're keeping an eye out for new homes all the time. A few years ago, there was some new construction north of the Diagonal. Boulder agents are scrambling to get existing homes on the market. I think sellers may not have looked at the market recently. There is an inventory shortage.
0 votes Thank Flag Link Fri Mar 16, 2012
The city of Boulder may not be expanding, but that's not stopping surrounding communities from contemplating growth, responsible growth that is.

The project proposed near Erie is a ways off, and may not resemble what is on paper, but it does represent the preservation sentiment that is operating in Boulder County.

Check out this article.
http://www.dailycamera.com/erie-news/ci_19557901
0 votes Thank Flag Link Tue Dec 27, 2011
Hi Federalworker:

It sounds like you are looking specifically for a new home (or newer home?) There are some current listings and I would expect to see more during the first quarter of 2012. The market is depleted this time of year.

I'm not sure exactly what your price range is but we do have an affordable homes program here in Boulder, which might be an option for you. There are restrictions, but the restrictions are not extreme. There also are some newer homes in Gunbarrel that are considerably less expensive by Boulder standards. In particular, these homes will be very a short drive if you will work at the NCAR and UCAR offices in north Boulder. As a sampling, I've pulled together affordable homes in Boulder's program. I have assumed you want a detached home. This group also includes one home from a newer neighborhood in Gunbarrel. There are others in this neighborhood. Please click the link below. There also are some subdivisions where builders will move forward with a new home when they have a solid buyer. And there are some nearby Boulder communities where construction is going on, but prices are more moderate. Please do not hesitate to call me if you have any questions or if you would like me to take a closer look.

Kind regards,
Ron Rovtar
Prudential Real Estate of the Rockies
Days: 303.981.1617
Evenings: 303.473.1926
ron@rovtar.com
http://www.rovtar.com
0 votes Thank Flag Link Fri Dec 23, 2011
Hello Federalworker,
It might seem there are no new homes being built in Boulder. Boulder allows for only a limited number of residential building permits to be issued annually. Louisville is pursuing the same policy. I know there is active construction that addresses a wide range of housing needs in north Boulder.

If you are cost conscious, you probably want to look at Longmont. There is new building going on. I know the city of Longmont very well having lived here and worked in the construction industry for many years.

Call me at 720 810 0683.

Email: bouldersuz@gmail.com

Suz
PML of Longmont, CO
Property Movers of Longmont
0 votes Thank Flag Link Fri Dec 23, 2011
Hi Federalworker! Hmm, I'm trying to think of what I can add that would be helpful given all the good answers you've already received. Yes, there are new builds in the City of Boulder and within 15 minutes of Boulder in Boulder County's several charming surrounding smaller towns. 1.) In larger cities, it takes 45 minutes to get from one side of town to the other so Boulder's sister cities (Louisville, Lafayette, Longmont, Erie and Broomfield) which are 10 to 15 minutes away, are really neighbors. Additional good news is that because of zoning and dedicated open space that separates many of the cities, each community has a unique character, it's own charm, and a sense of being grounded in nature. Boulder County is a collection of small communities that have,through deliberate planning, avoided urban sprawl. As you and your agent get acquainted, he or she will be able to recommend which communities and neighborhoods you meet your needs, your personality, and your budget. Explore. 2.) This is a very creative place, people have done wonderful things with remodels and many have the environmentally friendly features. 70's ranches or 30's craftsman homes are opened up, new kitchens, new baths, new windows installed, contemporary color palette's -- you might be surprised. Don't be afraid to give some of our "recycled" homes a look. The large trees, proximity to the various downtowns, and bike-ability may just win you over. 3.) Alexandria, VA isn't cheap but Boulder County may provide you more diverse offerings. It might interest you to know the Metro Denver which includes Boulder, has one of the best ratios of cost of housing to owners' incomes. It's actually slated to recover sooner than many regions for just that reason. Get thee here fast before everyone figures that out! Even Boulder has small condo's from $100,000 and Longmont (20 minutes from Boulder) has homes cute houses from $225,000. Consider jumping on AMTRACK or a plane and come visit. Lots of realtors here would be glad to show you around, including me. Maybe it's for you, maybe not. But you'll never understand if it's worth it to YOU unless you see for yourself. Mary Apple, 303-588-3476
0 votes Thank Flag Link Thu Dec 22, 2011
Hi Federalworker,
I used to live in suburban DC. You will LOVE it here! I've helped people buy both new and resale homes in the Boulder area. We could talk about your exact criteria - why new? how new? do you want single family or will 'attached' be o.k.? Can you go a little further out of central Boulder for more "affordable" homes? Affordable is relative so I would need to know your budget. Please call and compare me with any other agents in the area. :)

Evie Cohen
303-507-7001
Web Reference: http://eviecohenboulder.com
0 votes Thank Flag Link Thu Dec 22, 2011
First let me wish you a very Merry Christmas and Happy Holidays! Today in Colorado we have quite a snow storm. Forecast is total snow accumulation of 8-16 inches. The great thing about living in Colorado is if you don't like the weather one day, just wait a day and it will change. Colorado is a great place to live, and you can find affordable housing, but you're right there is limited new building in the city of Boulder. The city of Boulder has a couple of new subdivisions in north Boulder that start at $350K but they are small cottages with 1500 square feet. The price goes up from there and really depends on square footage and area. There are more new houses being built in Boulder county in other cities like Erie, Louisville, Superior and Longmont. I am a native of Colorado and lived in Boulder for the past 28 years. Realtors have the capability to sit you up on the most accurate home search because it is fed directly from the Multiple Listing Service (MLS) and updated daily. I would be happy to sit up a search for you in Boulder and the surrounding cities so you can get a better idea what home prices are here in Boulder. Send me an email with the criteria you are looking for and when you would like your search to begin. .
0 votes Thank Flag Link Thu Dec 22, 2011
Hi,

Northfield Village is a great new construction development. The lots are a bit small, but they are nice homes. I thought I would create a list of all the new construction homes in Boulder. Hope it is helpful.

http://reports.cloudcma.com/42c1444a7ce3d38a770198ec6010af5b…

-Carolyn Bleicher
RE//MAX of Boulder
0 votes Thank Flag Link Thu Dec 22, 2011
Relative to norms for other areas, there is really very little new construction going on in Boulder...as you've noticed...in large part because there is very little residentially zoned property left to build on. Frankly, this is largely the case with most communities within 15 minutes of town as well (Louisville, Superior, Gunbarrel, and Lafayette). There is a general effort in the area to restrict growth and much of the unbuilt land is either open space or dedicated to forest or farming uses. As you get out to a 30 minute commute, there are a lot of affordable new homes.

There are some exceptions. I'd be happy to create a web page for you and post what's currently out there and what's sold in the past couple of years to give you a sense of options. In Boulder itself, you are never going to see an new, affordable development of new single family homes. If a develop finds a way to build a significant new development, prices are going to be high.

The exception would be within some of the programs for low/moderate income buyers, but these properties are restricted with respect to future appreciation. You get the risk without the upside of buying. Not smart for most buyers.
0 votes Thank Flag Link Thu Dec 22, 2011
Hi Federalworker,

There are actually a lot of new homes being built in Boulder. Obviously, since there are no large tracts of build-able land within the city limits, there are no "big" subdivisions. This is also what many residents find appealing.

New construction in Boulder will start at around $600,000 for a single family home and $250,000 for a condo/townhome. The starting point is on the higher side because of all the regulations and price of land - 15 minutes away, new construction is half the cost (for more house).

To answer your question:
If your looking for a new home for $300,00-$500,000 in Boulder, this will never happen and you are wise to start looking in the neighboring communities.
If you would consider paying $600,000-$900,000 for a house on a small lot which is new, there are opportunities currently. Dakota Ridge, Northfield commons, and Northfield Village come to mind.
0 votes Thank Flag Link Thu Dec 22, 2011
I might be wrong on this, but check out that new project on the north side of Valmont between 28th and Folsom. I know it's new, and someone said it's affordable-----just not sure it's market housing or it it's actually part of a formal low income housing program.
0 votes Thank Flag Link Thu Dec 22, 2011
Hello! I do not know of much single family residences (detached dwellings) that are new construction within the city of Boulder. However that said, have you considered the cities of Lafayette, Longmont, Louisville and Superior (all located within Boulder County)? You would probably have more luck finding new construction single family homes in these cities. There are several newer condo projects here in Boulder, as well as several remodeled / updated homes.
I would love the opportunity to discuss exactly what you are looking for and see if I could be of any assistance to you. If I can answer any other questions, please do not hesitate to give me a call (303) 345-3256, or email me at Terri@BoulderColoradoProperties.com.
Good luck and happy house hunting!
0 votes Thank Flag Link Thu Dec 22, 2011
There are lots of new homes being built in Boulder and the surrounding areas of Longmont, Lousiville, Lafayette and Erie, all in Boulder County. Please contact me if you're looking to buy a new home in Boulder county. We've assisted many buyers to buy brand new homes in the past year and are currently working with others.
Janet Thompson
303-668-9987 cell
JanetHThom@aol.com
0 votes Thank Flag Link Thu Dec 22, 2011
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