Boulder developer buys Kingsbridge development – Longmont Times Call – December 14, 2009
LONGMONT – A Boulder-based homebuilder has purchased the Kingsbridge developmentin southwest Longmont for $1.79 million.
David Sinkey, co-owner of Boulder Creek Life & Home, said his company bought 109 developable lots and three model homes from Capital Pacific Homes, which pulled out of the development because of funding issues.
Boulder Creek will build 109 townhome units on the property, with buildings ranging from two-units to six-units.
The townhomes differ from condominiums, Sinkey said, because the homeowner owns both the townhome and the land it sits on.
The quality of the project and its location is what attracted his company, he said.
Plans are for immediate construction on a three-unit building and then a four-unit building.
“That’ll be pretty much the extent of the building we’ll be doing until we get some contracts,” Sinkey said. “And already the interest has been very strong.” read more…
December 14, 2009 – Longmont Times Call