{"id":1329,"date":"2020-06-23T01:25:00","date_gmt":"2020-06-23T01:25:00","guid":{"rendered":"https:\/\/waltonglobal.wpengine.com\/de\/?p=1329"},"modified":"2021-10-29T14:42:44","modified_gmt":"2021-10-29T21:42:44","slug":"walton-executes-agreement-on-1262-acre-pre-development-land-in-banning-lewis-ranch-colorado-springs-co","status":"publish","type":"post","link":"https:\/\/walton.com\/de\/walton-executes-agreement-on-1262-acre-pre-development-land-in-banning-lewis-ranch-colorado-springs-co\/","title":{"rendered":"Walton Executes Agreement on 1,262-acre Pre-development Land in Banning Lewis Ranch, Colorado Springs, Co."},"content":{"rendered":"\r\n\r\n\r\n<p class=\"wp-block-paragraph\">In\u00a0June 2020, landowners voted to approve the sale of a pre-development land parcel located in El Paso County, Colorado to a U.S. homebuilder.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">The purchaser has executed an option agreement whereby this 1,262-acre master plan will be transacted in multiple phases, with distributions anticipated to be made to land investors over the course of the entire community development.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">The purchaser will obtain the remaining planning and entitlement approvals and initiate development including the installation of the significant infrastructure improvements required to service the proposed residential master-planned community of approximately 5,750 homes.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">\u201cWe are excited to be involved in the continued expansion of the Banning Lewis Ranch development, a top selling community in Colorado Springs,\u201d said Jennifer Ruby, Senior Vice President, Land (AZ &amp; CO), Walton Global Holdings, Ltd. \u201cUpon development completion, the master plan will offer a variety of housing options along with retail and commercial components, forming an inclusive neighborhood.\u201d<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Banning Lewis Ranch\u00a0is a large master-planned community with scenic views of Pikes Peak. The community offers amenities including a community recreation center and many parks. It continues to be one of Colorado Springs\u2019 top selling communities.<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>The purchaser has executed an option agreement whereby this 1,262-acre master plan will be transacted in multiple phases, with distributions anticipated to be made to land investors over the course of the entire community development.<\/p>\n<p>Press Release<\/p>\n","protected":false},"author":1,"featured_media":1369,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[19,17],"tags":[],"class_list":["post-1329","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-release","category-newsroom"],"acf":[],"_links":{"self":[{"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/posts\/1329","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/comments?post=1329"}],"version-history":[{"count":0,"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/posts\/1329\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/media\/1369"}],"wp:attachment":[{"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/media?parent=1329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/categories?post=1329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/tags?post=1329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}