RangeWater to Build Out Its Colo. Portfolio with New Project in Longmont
RangeWater Real Estate is upping its presence in The Centennial State as the firm launches a 236-unit, multifamily project in Longmont, Colo. This is RangeWater’s second project in Boulder County, and the third, overall, in Colorado, according to a news release.
To be called Lupine, the project is located at 1901 S. Hover Rd. in Longmont – about a 10-minute drive from North Boulder and home to about 100,000 residents.
The community will have 200 townhomes and 36 duplexes from RangeWater’s Storia division, which develops build-to-rent, single-family rental (SFR) communities.
RangeWater will begin construction in early 2022 and expects leasing to begin in the late 2022 with completion in early 2024.
When completed, the project will have one-, two- and three-bedroom options ranging from 788 to 1,423 square feet. Some homes will feature front yards and community amenities will include a pool and pocket parks.