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Published in Real Estate

The Meadows Showcases Quality of Life

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As planned communities go, The Meadows is definitely a cut above the rest.

The 4,000-acre complex includes neighborhoods, a 300-acre, mixed-use area with shops, offices and dining, and amenities that include the Grange Cultural Arts Center and a community center with learning stations that tell of the land’s history and more.

The community, which is about 25 percent complete, will max out at around 10,869 homes when it’s finished in about 15 years. In the meantime, it will become home to a new Centura hospital, schools and more, says Jim Riley, president of Castle Rock Development Company.

“There’s a period of time for master-plan communities when they hit their critical mass, and once that occurs, things become easier to accomplish,” Riley says. “The Meadows is right at that point, and so is the town of Castle Rock. We’ve got a really good land plan, a great community in terms of amenities, the things that make it a great place to live. And it doesn’t hurt that we’re only three minutes from downtown Castle Rock.”

Riley says The Meadows’ first set of commercial buildings will be constructed in its town center in late 2009, if all goes according to plan, and with the new hospital and other major developments, home building should continue on schedule.

“We’ve got around 4,000 homes finished now, mostly single family, with between 10,000 and 12,000 residents,” he says. “We’re No. 3 in communities in the Denver region in terms of sales, and we’ve been at that number for the last three to five years. That’s nothing to sneeze at.”

In addition to its amenities, The Meadows also offers plenty of open space, with hiking and outdoor centers factored into the master plan.

Story by Joe Morris

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