Duplexes for Gates site
Boulder-based Knudson Gloss Architects will design the duplexes for McStain Neighborhoods’ development on the former Gates Rubber Co. site at Interstate 25 and South Broadway.
Three floor plans range from 1,970 square feet to 2,200 square feet. Each unit includes a basement, detached garage, backyard and courtyard living space.
The project is the first development announced for a portion of the 30-acre site owned by Houston-based Lionstone Urban Investments One.
Planned community for Fountain
Colorado Springs-based Ditz Bros. plans to develop a 178-acre master-planned community south of downtown Fountain on the east side of Old Pueblo Road.
The project, called Ventana, will include about 60 acres designated for open space, 358 single-family homes, a business park and a village commercial center. An extensive greenway will link various components of the community to the neighboring regional park, new city library and regional trail system.
– Margaret Jackson
Denver architect’s work featured
The work of Denver architect Bill Moore of Sprocket Design-Build is featured in the December issue of Builder, the magazine of the National Association of Home Builders.
The publication showcased Sprocket’s Boulder Street Townhomes, 1761 Boulder St. in the Denver’s Highland neighborhood, in a story about the trend to develop urban townhomes.
Boulder Street’s six three-story townhomes range in price from $335,000 to $370,000.
Fixed rate on 30-year mortgage slips to 6.30%
Mortgage giant Freddie Mac reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.30 percent last week, down slightly from 6.32 percent the previous week. Rates on 30-year mortgages had hit 6.37 percent on Nov. 17, the highest level in more than two years. Below are average mortgage rates in Denver, Adams and Arapahoe counties as of Thursday and the previous 52 weeks. The one-year Treasury bill average reported by the Federal Reserve Bank is 4.35 percent. The Cost of Funds Index for October from the Federal Home Loan Bank (11th District) was 3.074 percent.
