2534

Status

Sold

Acres

+/-600

Project Type

Master-Planned Community

Location

Johnstown, CO

About This Project

2534 is an approximately 600-acre mixed-use development at the southeast corner of I-25 and US 34 in Johnstown, Colorado, encompassing retail, office, medical, industrial, multifamily, and single-family residential uses. Through predecessor and related entities, Truestead Group’s principals provided fee development and brokerage services on behalf of Gerrard Development Corporation, Thompson Ranch Development Company, and related Truestead investment entities, including both horizontal and vertical development. The horizontal scope included market-driven, high-quality master planning; multi-jurisdictional entitlements; infrastructure design and installation; and marketing.

Entities related to Ryan Schaefer also owned, leased, and sold approximately 70 acres of land, which is now home to SCHEELS, Bank of Colorado, Verizon Wireless, Ethan Allen, Qdoba, Bonefish Grill, Starbucks, TREK Bicycles, Culver’s, Comfort Suites, Cortland at 2534, and others.

Before Rendering of the 2534 project
After aerial image of the 2534 project

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Project Details

Project Type

 

Master-Planned

# of Acres

+/-600

Services

 

Development, Investment, and Consulting

Delivery

2004 - Present

Project Gallery

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