Lokal to build 270 brand-new attainable homes in Lone Tree
We joined with leaders from the City of Lone Tree on November 17 to break ground on our new project within the master-planned community of Lyric at RidgeGate. Lokal will join a distinct group of builders in developing Lyric, a community designed to bring urban appeal and energy to Lone Tree.
A group of Lokal Homes employees, representatives of Lyric, and government officials—including Lone Tree Mayor Jackie Millet, council, and staff—celebrated the groundbreaking of the new community, which will offer a product mix of condominiums and townhomes beginning sales in the summer of 2024. Starting in the $400,000s, the price of a home built by Lokal in Lyric will be roughly half the average purchase price of existing options in the surrounding housing market.
“Lone Tree is an amazing City, and we are blessed with so many wonderful things. Yet, as with the rest of the Denver metro area, we face two major challenges: homeownership and home affordability. With this project—the first condo development in the City in nearly 15 years—Lokal Homes is helping Lone Tree residents tackle both of those obstacles,” Millet said.
Lokal Homes at Lyric at RidgeGate
Opening for sales in the summer of 2024
About Lyric at RidgeGate
New from Shea Homes, Lyric at RidgeGate™ is an eclectic new home community surrounded by nature—a wonderful new creative contributor to the multi-faceted energy and excitement of RidgeGate. Three large parks are planned with open space and connected trails for fresh-air hikes and rides. Lyric will also offer a restaurant, a welcome center, a residents' fitness center and a pool. The homes will range from condos and townhomes to a variety of single-family detached homes, including two-story, ranch, cottage, and patio homes. The community is ideally situated near several nearby light-rail stations and I-25, making everything—from downtown Denver to DIA—easy to get to.
For more information about the new project or to join our interest list, please visit our website or give us a call at 720-656-4512.
Pictured above: Chetter Latcham, Shea Homes President, Dave Lemnah, Lokal Homes Co-Owner, Jackie Millet, Lone Tree Mayor, Robyn Asbury, Lokal Homes President and Tommy Pucciano, Lokal Homes Vice President of Community Development