Bear Peak Development Acquires 87-acre Master-planned Site in Douglas County, Colorado
Pinery Village Phase II, an 87-acre commercial master-planned development in unincorporated Douglas County, Colorado has been acquired by Bear Peak Development.
The project includes approximately 53 buildable acres and is positioned to address a growing execution gap in Colorado’s commercial development landscape, where strong demand increasingly collides with entitlement friction and delivery uncertainty.
Pinery Village Phase II is governed by a Planned Development zoning framework that permits a broad mix of commercial uses, including retail, medical office, professional services, light industrial, flex, self-storage, and recreational uses. This zoning latitude allows uses to evolve with market demand rather than forcing projects into narrow regulatory silos that extend timelines and erode project momentum.
“Fully entitled land with real infrastructure progress is increasingly difficult to find, particularly in a development-friendly county,” said Sam Zaitz, Managing Director at JLL. “Projects like this stand out because the hard work has been done up front, which gives users confidence and a clearer path from planning to construction.”
Bear Peak Development is positioning the project around an integrated delivery model.
The integrated delivery model plan consolidates site improvement plan approvals, preconstruction coordination, and construction execution. The approach is designed to reduce handoffs, compress uncertainty, and mitigate the execution fatigue that increasingly derails otherwise viable commercial projects.
“There are too many good businesses that never get built because the process wears them down,” said Nick Larson, Partner at Bear Peak Development. “Our role is to absorb that friction. When entitlement and construction risk are addressed early, operators can stay focused on running their businesses instead of navigating a fragmented development process.”
Pinery Village Phase II Development
The site is located along the Highway 83 corridor in the Castle Rock–Parker trade area and is adjacent to a 123,000-square-foot King Soopers Marketplace currently under construction. Significant backbone infrastructure, including roads and utilities, is already complete. Remaining horizontal improvements are expected to be financed through a near-term metropolitan district bond sale, allowing land users to begin vertical planning while infrastructure work proceeds in parallel.
The project is being marketed to owner-users and service-oriented businesses seeking zoning flexibility, infrastructure certainty, and an accelerated path to development in one of Douglas County’s most active growth corridors.
The JLL team of Senior Managing Director and Carmon Hicks brokered the transaction.
About JLL For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.
