After a year-long legal delay, Sterling Ranch Development, LLC selected MDC Holdings as its lead single family homebuilder for its 12,500-home Sterling Ranch community in Douglas County, according to the Denver Business Journal.

MDC Holdings — which does business as Richmond American Homes in Colorado — is expected to develop more than 5,000 single family homes and sites on the 3,400-acre ranch in the Chatfield Valley.

Sterling Ranch selected MDC because the national homebuilder is Colorado based, a quality builder and is big enough to handle the multiyear commitment.

John Rebchook, with Inside Real Estate News, reported that when completed, 31,000 people will live in the $4.3 billion community that's just south of Chatfield Reservoir and east of Roxborough State Park. The homes MDC builds there are expected to lead the nation in water conservation.

 

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