Real Estate & Construction  August 26, 2015

Shea Homes, Richmond American buy more Colliers Hill lots in Erie

ERIE — Two builders have purchased more lots from the developer of Colliers Hill in Erie to construct homes for the first phase of the master-planned 963-acre, 2,800-home community.

Boulder-based developer Community Development Group, headed by Chuck Bellock, earlier this month sold 149 lots to Shea Homes for $6.4 million, and Richmond American Homes paid $4.5 million for an undisclosed number of lots, according to public records.

Representatives of Community Development Group and Richmond American Homes did not respond to a request for an interview.

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A Shea Homes spokeswoman said the Walnut, Calif.-based homebuilder previously acquired 216 lots in Colliers Hill, bringing its total lot count there to 365.

Shea Homes is offering its Shea3D collection of homes at Colliers Hill, priced from the mid-$300,000s, and models of its Peakview Collection, which will be priced from the mid-$400,000s, are under construction.

Originally known as Bridgewater and then Daybreak, Colliers Hill sits along the north side of the Erie Parkway, running roughly from Weld County Road 3 to County Road 5 on the east side of town.

In addition to a wide mix of homes ranging from condominiums to 5,000-square-foot single-family homes, the neighborhood will feature 40 percent community open space, including more than 20 miles of trails, a 40-acre community park and multiple seven-acre neighborhood parks. There also will be three community amenity centers for residents that will have exercise rooms, meeting rooms, swimming pools and event spaces.

Boulder-based Community Development Group, which was behind developments that include the Broadlands in Broomfield and Coal Creek in Louisville, has owned the Colliers Hill land for more than a decade. Its most recent projects include Erie Commons in Erie and Wyndham Hill in Frederick.

ERIE — Two builders have purchased more lots from the developer of Colliers Hill in Erie to construct homes for the first phase of the master-planned 963-acre, 2,800-home community.

Boulder-based developer Community Development Group, headed by Chuck Bellock, earlier this month sold 149 lots to Shea Homes for $6.4 million, and Richmond American Homes paid $4.5 million for an undisclosed number of lots, according to public records.

Representatives of Community Development Group and Richmond American Homes did not respond to a request for an interview.

A Shea Homes spokeswoman said the Walnut, Calif.-based homebuilder previously acquired 216 lots in Colliers Hill, bringing its…

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