Colorado Springs, Colorado –

Schuck formed a joint venture with the long-time land owner to plan, entitle, plat, engineer and develop this residential property located on East Pikes Peak Avenue in Colorado Springs. Pikes Peak Heights is being developed for first-time buyers and contains 120 SFD and 74 paired home sites. A unique, exciting collaboration with multiple City departments has resulted in the continuation of a trail system adjacent to Pikes Peak Heights that serves the entire community while directly enhancing the lifestyle of PPH residents.

Pikes Peak Heights, LLC (“Owner / Seller”) to market and sell the approved, engineered and overlot graded 194 single family detached and paired-home residential lots in the Pikes Peak Heights community. The future neighborhood is centrally located just 4.5-miles east of downtown and has excellent access to Powers Boulevard and Highway 24. Major shopping and retail services on Powers Boulevard are located less than 3-miles north of the site. Municipal and utility services for Pikes Peak Heights will be provided by the City of Colorado Springs. The planned community has great views of the Front Range and is ideal for entry-level and first-time move-up home buyers.

The development plan includes one-hundred-twenty (120) single family detached lots that are a minimum of 50’ X 100’ and seventy-four (74) paired home lots that are a minimum of 30’ X 100’. Over 41-acres of open space front three sides of the Property (approximately 36 of these acres will be dedicated to the City). The planned regional Homestead Trail will be located within this open space. A new metropolitan district has been formed for the construction and maintenance of the public improvements for this community.