A Boulder-based developer has snapped up an 87-acre master-planned parcel in unincorporated Douglas County for $11 million, staking a major claim in the Pinery corridor between Parker and Castle Rock. The tract, which includes roughly 53 buildable acres, sits next to a planned grocery-anchored retail site that is already moving ahead, signaling fresh momentum for large-scale housing and retail projects in an area that has been on developers’ radar for years.
The deal in numbers
Bear Peak Development, described in public reporting as a Boulder firm, paid $11 million for the 87-acre tract, according to the Denver Business Journal. That report also notes the property contains about 53 buildable acres within the overall master-planned site in…..