THORNTON, CO—Expanding its presence in the Colorado market, The True Life Companies recently closed escrow on 204 acres in Thornton, CO, a highly-desirable suburb of Denver. The property is located at the northwest corner of 144th Avenue and Holly Street and is proposed as a master-planned community that will include 497 single-family homes.

“This is an exceptional opportunity for The True Life Companies,” said Brock Chapman, True Life's managing director for the Rocky Mountain Region. “The community, named Willow Bend, is planned to offer a variety of lot sizes and home prices to meet rising demand in the region. The location supports a diverse employment base which includes a broad range of industries, from energy exploration companies, and technology and communications firms, to hospital and health care companies—all within a reasonable commute."

Amenities in the planned community include an activated 8-acre park with a playground, soccer field, a covered group gathering area, a spacious natural park covering ten acres, abundant open space, a trail system and an elementary school site. Residents will also enjoy convenient access to regional transportation corridors, including E470 and I-25. In addition, the City of Thornton plans a 45-acre regional public park and baseball / soccer field complex adjacent to the northwest edge of the property. This new regional park and ball field complex will be accessible from the Willow Bend neighborhood via walking and bike trails and public roadways.

Chapman said the firm plans to complete the final plat and project improvement plans within the next six months. “The property will then be in a shovel-ready state for top public and private homebuilders who desire a strong presence in this key residential submarket," he said.

True Life Companies is building a selected land portfolio in the Denver-metro market, with a focus on pursue residential land opportunities with area homebuilders, as part of its overall strategic goals in the region and the Western United States.