Ponderosa Ridge

Loveland, Colorado


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Project Highlights

+/- 276.67 Acres | 1,300 Dwelling Units | GDP Approval up to 4.7 Du/Acre Overall

LC Real Estate Group is pleased to present the opportunity to purchase +/- 18 acres for 320 multifamily units and/or +/- 46 acres for 360 townhome/paired homes or +/- 276 acres for 1,300 dwelling units for the overall project with general development plan approval, known as Ponderosa Ridge.
The community is located on the northwest corner of Wilson Avenue and West 50th Street, and is a convenient drive to Fort Collins, the Harmony Corridor, Downtown Loveland, and the Highway 34 Corridor.

  • Large and flexible infill residential development opportunity with General Development Plan approval for 1,300 dwelling units in highly desirable Northwest Loveland location
  • Flexible site plan with higher density uses to the east transitioning to lower density uses to the west including multifamily apartments or condominiums, townhomes, paired homes or plex units, patio homes, single-family attached, and single-family detached homes
  • Administrative approval of Sketch Plat with neighborhood meeting and administrative approval of Final Plans with Planning & Zoning Hearing for severed mineral rights holders
  • Higher priced Fort Collins housing market to the north and short commute time is driving housing growth and price appreciation in Northwest Loveland Housing market
  • Increased value and rents from constrained future land supply due to foothills to the west, Fort Collins-Loveland public open space north of 57th Avenue and existing housing to the south
  • City of Loveland Water District is more cost competitive than neighboring Fort-Collins Loveland Water District, and most other districts on the Front Range creating opportunity for increased margins
  • Highly attractive Cash-In-Lieu building program allows for 100% Cash-In-Lieu raw water dedication at time of building permit for phased dedication by builder
  • City of Loveland water district has development friendly raw water policy and pricing that keeps Cash-In-Lieu water pricing stable and attractively priced, currently at $40,150 per acre foot resulting in an average raw water cost of $14,710 per dwelling unit for overall project based on conceptual site plan
  • Ponderosa Ridge has excellent views of the mountains and highly visible marketing window on North Wilson Avenue. Developers and builders should be able to increase property values and rents attributable to these views

Exclusively Marketed For Sale By:

Wayne Lewis

Wayne Lewis

Senior Partner
Senior Broker

(303) 588-8808
Nathan Klein

Nathan Klein

Senior Partner
Com. Managing Broker

(970) 222-2473