Submitted by Steven Mulhern, Coventry Development Company
An emerging trend of large corporations embedding with mixed-use master planned communities could be on the rise. For Coventry Development Corporation - the developers behind the 3,500 RidgeGate community in Lone Tree, Colorado - that was all part of the plan.
On January 16th, the Governor's office of Economic Development and International Trade announced plans for Charles Schwab, the financial services firm, to build a new $230 million campus in the RidgeGate community - which was named the NAIOP Colorado Special Development of the Year in 2011. Charles Schwab, which has had a presence in Denver since 1978, currently has some 2,000 employees in the Denver area.
"The announcement of Charles Schwab's new campus demonstrates a commitment to Colorado," said Ken Lund, Executive Director the Colorado Office of Economic Development and International Trade. "Selecting RidgeGate for the site of their new campus reinforces the value of walkable communities with a diverse mix of housing, amenities and transportation options." Continue reading about Walkable Environments and RidgeGate.