The subject property encompasses approximately 3,172.8 acres along the border of the Cities of Colorado Springs and Fountain in El Paso County, Colorado. It was held by a ranching family for several decades before being identified as a candidate for a new master planned community.
The property was advanced through planning efforts with the City of Colorado Springs, preparing it for future development. However, the envisioned project was delayed due to annexation challenges, temporarily halting progress.
The property is directly in the path of growth and is adjacent to the actively developing Lorson Ranch master planned community, led by the Landhuis Company, and near land controlled by Norwood Development Group. Colorado Springs continues to see robust residential activity, driven by strong employment from specialty military operations and supporting private sector industries. As nearby development expands, we anticipate renewed momentum and increased pressure to reinitiate and secure annexation of the subject property.