Read the Full Article
Transcription
Read the Full Article
B10 DENVER BUSINESS JOURNAL JULY 15-21, 2016 OUTSTANDING MASTER PLAN Sterling Ranch becoming a reality A view of the work being done at Sterling Ranch, looking west from near Santa Fe Drive and West Titan Road. The development covers 3,400 acres. KATHLEEN LAVINE, BUSINESS JOURNAL BY PAULA MOORE Special to the Business Journal [email protected] S terling Ranch developers Harold and Diane Smethills and their collaborators envision the project not as just a new neighborhood, but as a sustainable, high-tech 21st century environment appealing to multiple generations. “We want to create a community where … grandkids can have adventures with their parents and grandparents,” said Harold Smethills. “We’ve developed a trail system and … just completed a comprehensive management plan for plants and wildlife, which so far as we can tell has never been done before.” The Smethills and their Sterling Ranch Development Co. officially broke ground on the 3,400-acre, $4.3 billion master-planned Douglas County project in mid-2015, after more than a decade of challenging preliminary work. The first “village” — Providence Village — is expected to get its first model homes later this year. Developers anticipate a 20-year project buildout, with some 12,000 homes plus commercial, education and civic space. Multiple builders, led by Denver-based Richmond American STERLING RANCH Developer: Sterling Ranch Development Co. General Contractor: Mortenson Architect: Arlo Braun & Associates, PCS Group Inc., Woodley Architecture Engineering Company: Matrix Design Group Law Firm: Brownstein Hyatt Farber Schreck Financing Firm: D.A. Davidson Companies Other team members Builders: Brookfield Residential, CalAtlantic Homes, Lennar, Meritage Homes, Richmond American Homes, Parkwood Homes, Wonderland Homes Others: Art + Business ONE, Fox Tuttle Hernandez Transportation Group, McGeady Becher, Redland, Siemens Homes, signed on to build homes at the project. Former Richmond executive Jack Hoagland — who’s Diane Smethills’ brother — helped bring the builder to the project and otherwise get the project going as a top Sterling Ranch Development exec before leaving in 2013. “Sterling Ranch is this area’s first opportunity to develop, at scale, the new 21st century community,” said Jim Yates, Sterling Ranch Development president and former Richmond exec. “It’s about the way we can live and work, a combination of technology and location.” The project is close to a wealth of natural amenities, from the Pike National Forest to Chatfield State Park. Site work — including earthwork/ grading and installing infrastructure such as water, sewer and storm-water lines as well as utilities — started this year in preparation for construction. General contractor M.A. Mortenson Co. is even using technology for that work. “We have some drone work going on, flying over the topography,” said Josh Williams, Mortenson construction executive. “For the earthwork, we’re using a GPS control for machinery, whereby we build a virtual model and input it into a machine so it knows exactly where it is.” With arid Colorado’s limited water resources, water management has been a major challenge for the project — but also an opportunity to innovate. Sterling Ranch Development worked for years to cement agreements with water providers including Denver Water. To conserve water, the project teamed up with the Denver Botanic Gardens on the use of low-water plants, and will have its own extensive water system including storage and rainwater capture. Since so much of 21st century life relies on technology, Sterling Ranch will provide top technology — from smart homes to its own fiber-optic network — with partners IBM Corp. (NYSE: IBM) and Siemens AG (OTC: SIEGY). “This is the first community I know of with a municipal network running over a home fiber network,” said Brock Smethills, Sterling Ranch Development’s chief technology officer. Project engineer Matrix Design Group Inc., among others, already are working on future phases. “The biggest thing for a Sterling Ranch-type project is to look far enough down the stream to accommodate the future,” said Patrick Chelin, Matrix development services director.