Post image for Shea Homes Colorado Acquires The Canyons in Castle Pines

Shea Homes Colorado Acquires The Canyons in Castle Pines

by Shea Homes Colorado on December 29, 2015

 

Shea Homes Colorado, the master developer of communities such as Highlands Ranch, Reunion and Stepping Stone, announced its purchase of 1,270 acres in The Canyons, located east of I-25 in the City of Castle Pines, between the Hess Road and Happy Canyon Road interchanges. The company will oversee the development of a new master-planned residential community, which, at build-out, will feature 2,000 single and multi-family homes from a variety of builders. Shea Homes, which expects to invest $75,000,000 in the community over the next four years, worked with Denver-based Oread Capital & Development in purchasing the land from the Alpert family through North Canyons, LLLP, which retains ownership of the balance of the 3,343-acre project.

The Canyons Location Map

When completed, The Canyons will nearly double the size of the City of Castle Pines.  With a vision of active, outdoor lifestyles and environmental stewardship, the community’s plans call for more than half of The Canyons to be dedicated to parks and open space, with 49 acres for public schools and 20 acres for civic uses, as well as areas for retail, restaurants and office space.

The Canyons Grass Prairie The Canyons Beauty Photo

“We’re thrilled to add the Shea Homes name to this exciting project,” said Chetter Latcham, president of Shea Homes Colorado. “The vision for The Canyons is consistent with the Shea family’s legacy of creating landmark communities of enduring quality, which, in Douglas County, includes BackCountry and Tresana in Highlands Ranch, as well as Stepping Stone in Parker. We have forged a great working relationship with the Alpert family and Oread Capital in bringing this transaction to a successful closing, and welcome the opportunity to work together on The Canyons for years to come,” he added.

“This is an important step toward realizing our vision of bringing something original and unexpected to northern Douglas County,” said Mark Nickless, general manager of North Canyons LLLP. “Shea Homes embodies the level of creativity and quality we were looking for in a residential developer, and I know the company will bring a thoughtful approach to the project.”

“Shea Homes is known for collaborating with municipalities to deliver the types of communities and neighborhoods people value,” said Sam Bishop, director of community development for the City of Castle Pines. “We’re pleased to welcome Shea Homes to Castle Pines, and look forward to working with the company on this historic project. The Canyons will be Colorado’s next premier community, and a model for sustainable living in the 21st century,” he continued.

Shea Homes will begin infrastructure work on the residential portion of The Canyons in 2016. It expects to begin delivering lots to builders in 2017, with homes ready for move in in 2018. For more information, or to register for updates, click here.

About Shea Homes
Shea Homes, an independent member of the Shea family of companies, is the oldest and largest family-owned homebuilder in the United States. Shea Homes builds new homes in Arizona, California, Colorado, Florida, Nevada, North Carolina, Texas and Washington.

With choices to suit homeowners in every stage of life, Shea Homes offers new homes ranging from affordably priced condominiums and townhomes to traditional single-family detached homes and magnificent luxury residences. For more information about Shea Homes and its communities, please visit the company’s website, or follow Shea Homes Colorado on Facebook.

{ 24 comments… read them below or add one }

Julia December 30, 2015 at 9:21 pm

Please keep me posted on building of these homes, since I just saw them mentioned on Denver 7 abc.

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Sheri Troy January 6, 2016 at 10:00 am

Hello Julia,

Thank you for your inquiry about our future communities at The Canyons in Castle Pines. I will be sure that you are added to The Canyons interest list with the email you have provided. Please stay tuned to your email inbox for future information on The Canyons as it becomes available. We appreciate your interest in Shea Homes.

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ted blank December 31, 2015 at 2:59 pm

We live in Castle Pines and will soon downsize. Can you have someone call me re the canyons
Ted Blank

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Sheri Troy January 6, 2016 at 9:59 am

Hello Ted,

Thank you for your interest in our future communities at The Canyons in Castle Pines. At this time, the land has just been acquired and is slated for future development with anticipated community openings sometime in 2017. We do not currently have any specifics regarding the type of home plans that we will be building, or any other details quite yet. I will be sure that you are added to The Canyons interest list with the email you have provided. Please stay tuned to your email inbox for future information on The Canyons as it becomes available.

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Nancy duppman January 14, 2016 at 4:06 pm

Please keep me updated on the development!

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Sheri Troy January 15, 2016 at 12:46 pm

Hello Nancy,

Thanks for your interest in our future development of The Canyons. I will be sure to add your email to the community interest list. Please stay tuned for more information as it becomes available, in the months to come.

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Sue B February 12, 2016 at 7:33 pm

Add me to your list! How exciting!

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Lynn Richardson February 22, 2016 at 4:14 pm

We live in Florida, contemplating returning home to Colorado next year. Please add me to your mailing list for updates on the Canyons at Castle Pines. Thank you!

Lynn and Darrel Richardson

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Katharine May 21, 2016 at 8:04 am

Please add my email to your list. Thank you!

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Kimberly Morgan June 25, 2016 at 6:05 pm

I’m signed up for email updates but have not seen one update. Do you have any?

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Sheri Troy June 27, 2016 at 3:29 pm

Hi Kimberly,

Thank you for your inquiry regarding our future Shea Homes community of The Canyons in Castle Pines. At this time, we are expecting Shea Homes will begin infrastructure work on the residential portion of The Canyons sometime this year. We also anticipate to begin delivering lots to builders in 2017, with homes planned for for move-in’s to begin sometime in 2018. Please stay tuned to more information in the months ahead, as additional details become available. We appreciate your interest in Shea Homes!

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Andrew Stobbe August 28, 2016 at 4:37 am

Very interested in receiving information on this community and builders.

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Michelle Bauer September 20, 2016 at 10:10 am

May I please be added to the interest list? THANK YOU!!!

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Kelsey Murray September 27, 2016 at 7:09 pm

I am interested on receiving information on this development as we are looking to purchase a home in 2018.

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Julia Long November 4, 2016 at 8:54 pm

Would love to receive information, as my family has loved Shea Homes and are looking to move a year or so down the road.

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Tim & Kim Travis December 11, 2016 at 8:02 pm

Would like to get more information about the Canyons community!

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Rod December 27, 2016 at 8:26 am

Will this community have home with mountain views?
Will this community have customs home lots similar to what the backcountry community has?

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Sheri Troy January 3, 2017 at 8:52 am

Hi Rod,

Thanks for your question. At this time, we are still quite a way off from The Canyons opening. It is currently planned for beginning of 2019, and floorplans have yet to be determined. Please stay tuned to our website for more information on this community as it develops over the next year or so. Thank you.

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Tom Santilli January 2, 2017 at 11:20 am

As a local REALTOR who has helped clients buy and sell many Sheabuilt homes, I am keenly interested in this project. Please include me on updates. Looking forward to seeing this new area come to life! – Tom Santilli

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Sheri Troy January 3, 2017 at 8:53 am

Hi Tom,

Thanks for your interest in The Canyons. At this time, we are still quite a way off from opening. It is currently planned for beginning of 2019, and floorplans have yet to be determined. Please stay tuned to our website for more information on this community as it develops over the next year or so. Thank you.

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Laura June 25, 2017 at 7:31 pm

Thought I read somewhere that Shea will be providing info this summer during events in Castle Pines. Can you confirm and provide event dates and info? Thank you!

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Sheri Troy June 27, 2017 at 11:58 am

Hi Laura, thank you for your question. At this time The Canyons in Castle Pines is still a little ways out, with land development scheduled to begin sometime in 2018 and anticipated sales sometime in 2019. Stay tuned to our website for further news as it gets closer, and more information becomes available. We appreciate your interest in Shea Homes!

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Frederick Leidal July 15, 2017 at 10:08 am

Kept me informed on your development. Looks great.

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Tamara Lange August 7, 2017 at 8:45 pm

I am interested in being on the list for these homes. I’d like to get more information as it is released.

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