Parker’s first large-scale, fully integrated master-planned community will begin to take shape with the $41 million sale of Hess Ranch. JEN Colorado, an affiliate of New York-based JEN Partners, acquired the 1,333-acre tract of land between Parker Road and Rueter-Hess Reservoir. Current zoning allows for some 2,489 residential units and 1.25 million square feet of commercial development, along with 300-plus acres of parks and open space.
Source: Colorado Real Estate Journal