Massive housing development moves forward in Erie

Posted by puguh on Friday, February 18, 2011

Massive housing development moves forward in Erie. A developer with plans to build one of the largest residential housing developments on the Front Range obtained critical funding for the project Thursday, putting Erie at the forefront of a potential market rebound following years of moribund home sales and housing starts in Colorado.



Boulder-based Community Development Group's plans call for the construction of more than 2,700 units on a 960-acre parcel it owns between Old Town and Erie High School, north of Erie Parkway.

Dubbed Bridgewater, the community would rank as Erie's largest housing development and could add another 10,000 residents to the town's population of 19,000 when fully built in six to 10 years. It would largely consist of Site of Bridgewater residential development single-family homes, but would also include a mix of townhomes and apartments.

Read the rest of this report at DailyCamera.com.

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