Legacy Village gets green light for next stage

Preliminary plans approved by town board of trustees

Tabatha Stewart
Special to Colorado Community Media
Posted 2/19/21

A sketch and preliminary plans for Legacy Village were approved by the Elizabeth Board of Trustees during the board's Jan. 26 meeting. Plans for Legacy Village, being developed by Jim Marshall, are …

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Legacy Village gets green light for next stage

Preliminary plans approved by town board of trustees

Posted

A sketch and preliminary plans for Legacy Village were approved by the Elizabeth Board of Trustees during the board's Jan. 26 meeting. Plans for Legacy Village, being developed by Jim Marshall, are in the early stages, and Marshall has not submitted an application for the final plat.

“There are three steps in the subdivision process,” said Grace Erickson, assistant town administrator for Elizabeth. “The first is a sketch plan, then preliminary plan and then the final plat. The developer has gone through the first two steps. The next step includes platting whatever portion of the property they will develop first.”

The property proposed for development is between Walmart and Safeway along State Highway 86, and was zoned for up to 383 residential units and a five-acre commercial parcel, according to Marshall. When complete it will feature residential uses including single-family detached homes and duplexes, with 31% of the site remaining as open space, offering trails and pocket parks throughout.

“The preliminary plat is approved for 226 residential lots and the five acres commercial site,” said Marshall. “The final plat submittal will be made later this month, and we are hoping to have final plat approval by the end of April.”

The development will be a continuation project for Lennar's Gold Creek Valley community, and home prices are expected to start in the $350,000 range, according to Marshall.

“The plan incorporates very generous open space tracts along Gold Creek, a community trail and a recreational area, with the gross density a little over two units to the acre,” said Marshall.

A metropolitan district is anticipated to finance the construction of public improvements, and the town will provide municipal services to the property, including police protection.

As the project goes forward there will be opportunity for public input. Information on future meetings can be found on the town's website at townofelizabeth.org, under the meetings and agendas tab.

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