Welcome to today’s roundup of real estate news, highlighting significant developments across the sector. From the acquisition of the Horizon Uptown master-planned community in Aurora by Pacific Ventures to the transformation of a former Sacramento Kings arena into a vibrant mixed-use community, these stories showcase the dynamic changes shaping urban and suburban landscapes. Additionally, we invite you to engage with the ongoing development of Emerson Park, where community input is shaping its future. Dive deeper into these fascinating projects that promise not only to enhance local infrastructures but also to foster community spirit and growth.
Pacific Ventures Acquires Master-Planned Community in Aurora – Mile High CRE
California-based Pacific Ventures Management LLC, in conjunction with Avanti Properties Group, has acquired the Horizon Uptown master-planned community in Aurora. Pacific Ventures will be the master developer and responsible for the development, management, and future planning of the community. Horizon Uptown is strategically located at the intersection of I-70 and E470, providing easy access to various key locations. The community spans 503 acres and is envisioned to house approximately 3,000 residences, along with a commercial hub, parks, recreational facilities, and a school. The initial phases of Horizon Uptown have already been developed and sold to home builders and apartment developers. National homebuilders Meritage Homes and DR Horton are actively involved in the community, and luxury apartments are available for lease. Pacific Ventures has previous experience as a master developer for other communities and sees Horizon Uptown as an opportunity to bring fresh ideas and disciplined management. The transaction was facilitated by Land Advisors Organization.
No Title
There is no information available for this topic at the moment.
Sacramento Kings Sell Former Arena Site to Argent Development for Master-Planned Redevelopment
Argent Development, a leading developer of master-planned communities, has acquired the former Sacramento Kings basketball arena complex in northwest Sacramento. The 183-acre site will be transformed into a mixed-use community called Innovation Park. The redevelopment project aims to foster economic growth and address housing, healthcare, and education needs in the Natomas area. Plans for Innovation Park include residential units, a medical campus with a teaching hospital, a K-8 public school, retail/commercial space, parkland, and other community facilities. Infrastructure development is set to begin in early 2025, with discussions underway with homebuilders for residential construction. Innovation Park will play a significant role in expanding access to quality housing, including affordable units. The project is expected to create jobs, attract investment, and stimulate growth in the Sacramento region.
Emerson Park Master Plan: Community invited to share ideas and vision
The community is invited to participate in the development of the Emerson Park Master Plan. This collaborative effort aims to gather ideas and visions from residents to shape the future of the park. The master plan will guide the enhancement and expansion of amenities, recreational spaces, and community facilities within Emerson Park. It is an opportunity for community members to have a voice and contribute to the planning process. Share your ideas and help create a vibrant and inclusive park for all.