Search This Blog

Friday, August 30, 2024

'Affordable housing planned community in Colorado'

 Affordable housing is rising in Brighton with a predicted opening next year at the corner of Chambers Road and East 144th Avenue.

Taylor Morrison, one of the nation’s largest homebuilders and developers, will build Farmlore. It will be a suburban community close to historic Brighton.

New affordable housing is being built at the corner of Chambers Road and East 144th Avenue in Brighton. Credit: Belen Ward

“Our target is towards singles, couples, and families. Taylor Morrison recently purchased 6.4 acres to be developed into 60 alley-loaded lots within the new Farmlore Master Planned Community,” said Ricarda Dietsch, Taylor Morrison, Denver division president.

The new housing development is a half mile west of I-76 past Prairie Center, where Farmlore’s historical big brick barn is located.

Dietsch said the Farmlore community would feature a unique restored barn with a community center for families and children to work and play, along with walking nature trails, three community parks, and an outdoor pool.

“The Farmlore Community would have 60 homesites with detached homes from 1600 to 2100 square feet with three to four bedrooms, 2.5 baths two story and two car garages,” Dietsch said.

Dietsch said the future lots are located at the section of 144th Avenue and Chambers Road. The road would be widened as part of Phase One of the Farmlore development. 

“This is the northwesternmost corner of the overall Farmlore Masterplan. The Farmlore Masterplan is comprised of 500 acres and will be developed in several phases. It will include both detached and attached homes, open spaces, amenities, trails, parks, and school sites,” Dietsch said.

For the Brighton area, the  2023 median household income to qualify is $93,000. Taylor Morrison’s design product pricing is from $400,000 to the low $500,00, based on research of the earnings within the community earning of median household income.

“We understand that monthly payments are top of mind, particularly in the current interest rate environment. Taylor Morrison also currently offers rate-buy down programs for our new homeowners to assist in achieving attainable monthly payments,” Dietsch said.

The neighborhood they are building has a history of three generations of family farms that grew flowers in the area.

“There is now the chance to plant roots in an approachable new construction home. Residents at Farmlore will enjoy idyllic suburban charm with quick access to historic Brighton, Denver, and more,” Dietsch said.

Diesch said Farmlore is a Planned Unit Development that was approved by the City of Brighton in 2019. Its prior uses were a farmhouse with agricultural uses.

“All necessary approvals have been consistent with the Planned Unit Development, which was reviewed and approved through City Staff and City Council. Final Plat of Farmlore North Filing No. 1 was approved in April 2022,” Dietsch said.

Dietsch said the Taylor Morrison Homes will have four floorplans with optional loft, study spaces, smart home features that the buyers can choose from for their particular decor and budgets.

“We are currently building a similar floorplan line-up at The Aurora Highlands in Aurora. The floorplans will be modified to meet the local Farmlore community and Brighton guidelines but provide a good idea of our offering,” Dietsch said.

Dietsch said Taylor Morrison had discussed the project master plan with the owner and developer for several years.

“We are excited to re-enter the Brighton market after six years, following the success of our previous Brighton East Farms community.”

https://coloradocommunitymedia.com/2023/11/14/more-affordable-housing-in-brighton/

No comments:

Post a Comment