Raw Land Solutions: Developing for the Future

Roosevelt Ridge Private Reserve
Lone Pine Real Estate, LLC
500+ acres
Gilpin County, Colorado
Exclusive Residential Mountain Development

Broker: Wesley Hobson, ReMax of Boulder
Lender: First National Bank of Colorado, Boulder

J K LLC
Boulder County, Colorado
Manufactured Home - Ranch Manager Residence

This client came to RLS after having purchased a manufactured home for the manager of his equestrian center to live in on the property. This home, as built, was not in compliance with Boulder County’s standard for manufactured homes on this property. RLS has been asked to work with Boulder County to obtain approval for this owner to place the manufactured home he already owns on his property and to assist him in obtaining additional approvals for his water and septic systems.

Brian McKee, D.V.M.
Broomfield, Colorado
7,000 square foot Veterinary Clinic

This owner came to RLS asking for assistance in negotiating with the City of Westminster to gain the necessary approvals for Brian McKee, owner of Aspen Arbor Animal Hospital, to build a new facility. Upon RLS becoming involved in the project, RLS identified several issues with the existing parcel other than the City’s offsite improvement requirements. These challenges included parking easements, environmental mitigation expenses, title issues, access and drainage challenges and general buildable square footage on the site. RLS eventually recommended that Brian sell that parcel to a more appropriate developer and purchase a new parcel.

RLS is new assisting Brian in locating and developing a new parcel, which is more suitable for his needs. RLS narrowed the choices for Brian by putting together comparison proformas and timelines for Brian to review. These comparisons included not only construction costs, but costs of development on the various sights, which can vary greatly depending on the municipality. Once a site has been decided on, RLS will complete all of the due diligence necessary to ensure the site is appropriate for Brian to purchase and then assist with the purchase. RLS will then work with the architect, engineer and contractor to obtain all necessary approvals and permits for his development and help manage these parties to complete Brian’s building within budget and on time.

YMCA of the Rockies
Snow Mountain Ranch, Grand County, Colorado
Use Expansion and Property Renovation

YMCA of the Rockies came to RLS for assistance in gaining approvals of the Grand County’s planning and building departments for a property renovation to include camper cabins. The County had originally challenged these facilities as being smaller than required under current County and construction codes. RLS did extensive research of the County codes, International Building Code and International Residential Code to address the issues of concern with the County. Ultimately, RLS was successful in obtaining approvals for the YMCA’s planned development. At the request of the County and the YMCA, RLS did some follow up research regarding the American’s with Disabilities Act to confirm that the planned site plan would comply with current ADA guidelines.

Firestone, Weld County, Colorado
Roughly 304 Acres Agricultural Land
Residential Mixed Use Community

RLS is working with the Town of Firestone to develop this beautiful parcel of land into a mixed use residential community complete with a town center, school, open space and parks and a variety of single and multi family residences. To do this, RLS will determine what the existing water rights will support in residential density on the sight and then negotiate with Firestone to obtain all necessary approvals for the ideal development. The property will be annexed, zoned and RLS will obtain approvals for a conceptual plan and vest the rights to that plan with the property. Once these steps are complete, RLS will assist the owners in marketing and selling the property to developers and/or builders.

Flagstone Partners
Crossroads Plaza, Loveland, Colorado
Medical Office Building

Preston Davis
Louisville, Colorado
5 Acres
50,000 square foot Industrial / Office Flex Building

This property, located adjacent to the Colorado Tech Center on Dillon Road in Louisville, Colorado is ideal for a building that can “flex” between warehouse and office space, in other words “flex space”. The parcel is almost a perfect square with visibility from US 36, Northwest Parkway and Dillon Road. RLS has put together a site plan, proforma and timeline for this project and is now seeking an investor/buyer for the property to assist in completing the development.

Medical Properties Group, LLC
Flagstaff, Arizona
Medical Office Building

Although this project never closed or went to construction, it was a challenging project for RLS. Medical Properties Group, LLC asked RLS to conduct the due diligence and feasibility study on a parcel of land located in Flagstaff, Arizona for a medical office building. After much research, RLS determined that this developer would not be able to recoup the cost of constructing his building on this site because of its various challenges. These challenges included significant soil concerns, including very shallow and dipping bedrock, potential environmental challenges, water issues, protected trees located on the site and surrounding competitive development. At RLS’s suggestion, this developer and his attorney’s ultimately determined that this property was not a good investment and terminated the contract before closing.

9777 South Yosemite Building
Lone Tree Medical Wellness Center
35,000 square foot existing office building
Lone Tree, Colorado

Architects: Boulder Associates, Nick Rehnberg