Last summer, River Meadow broke ground on the second and third phases of the development, which will add five townhomes and eight condos to an area that is very much in demand, according to the article. In fact, two of the townhomes area already under contract, even though they aren’t slated for completion until later in the first quarter. The condo should be available sometime in the second quarter.

Paul Tamburello of Red Chair Realty Advisors, which is marketing Tejon34, notes that even with the uptick in luxury developments, Highland still suffers from a lack of inventory. Many of the new buyers looking to snap up property in the neighborhood are empty nesters, who are drawn to Highland’s restaurants, art galleries and community gatherings.

A view of the living room in one of the townhomes built in Tejon34’s first phase.

That demographic could be a perfect fit for Tejon34’s units, particularly the new townhomes, which will feature private, rooftop decks, European kitchen designs and customizable basements. The project will eventually include a total of 28 homes.

If you get a moment, take a look at the Denver Post article, or if you’d like to learn more about Tejon34 and all that’s happening in Highland, check out the Tejon34 blog here.

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