Multi-family neighborhood takes shape on Lagae Road
Citadel at Castle Pines, a development of 214 for-rent single-family attached residential units between Lagae Road and I-25 south of Monarch Boulevard, is expected to be completed by the end of the year.
Most of the recent development of residential housing in the City of Castle Pines has been concentrated east of I-25, but the remaining pockets designated for housing west of the highway are also taking shape.
Citadel at Castle Pines, a single-family attached residential neighborhood under construction southeast of Lagae Road and Monarch Boulevard, is expanding upon the available housing stock in the area with 154 one- and two-story paired villa-style homes and 60 three-story townhomes. All of the units are rental-only products, and residents are expected to move in beginning in March.
“With the housing crisis across the country, people are being priced out of homeownership, and we need to be able to accommodate larger households,” said Barbie Jackson, community manager for Thompson Thrift, a real estate development company based out of Indiana. Construction is slated for completion in December, she said.
Citadel at Castle Pines will include some in-demand amenities like two on-site dog parks, a pet-washing station, and electric vehicle charging stations.
Thompson Thrift typically develops land in suburban areas in close proximity to larger retail developments, such as The Outlets at Castle Rock. There is more than 16 million square feet of retail space within a seven-mile radius of Citadel at Castle Pines, which has been in the works since 2019. The development is so named because a citadel is an old term for a fortified area of a town – usually a castle – and it is a nod to the names Castle Pines and nearby Castle Rock.
The neighborhood, which is adjacent to I-25, will include units as small as 712 square feet, but also larger floor plans up to 2,100 square feet, so there is “something to offer” for all lifestyles and demographics, Jackson said.
“I want people to know there’s an opportunity to live in a real community-oriented area [without purchasing a home], and you can get the best of both worlds. You’re not directly in the city, but you still get to experience the beauty of Colorado while being a short commute away from entertainment and recreation,” she said.
Curiosity has gotten to some nearby residents, who toured the 20-acre development on their own without permission. Trespassing in areas under construction is prohibited, Jackson said.
Article and photos by Chris Michlewicz
