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SW Corner of W 18th St & Promontory CircleGreeley , CO 80634
Promontory Greeley Development Site
Asset ClassMultifamily, Land
overview of deal

Overview

  • Shovel ready site with fully approved plans for 306 units on 17 acres, with 7+ acres for additional development
  • Premier 24.73-acre site with no density restrictions
  • Significantly discounted cash-in-lieu fees with over $2,340,000 in savings from vested water rights
  • Proximity to the new 300-acre Greeley West side project which features the “Catalyst” district with a 8,600 seat arena host to the Colorado Eagles, a year-round water park, a full service conference hotel, and over 3.5m SF of retail and commercial
  • https://www.greeleywestsideproject.com/project-details
  • Growing population & economy – Greeley population forecast to grow at over 17% over the next 10 years
  • Site has favorable topography with minimal grading required
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Listing provided by Revere CRE