The Sterling Ranch development signs up for WISE Project infrastructure and water supplies

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From the Castle Rock News (Rhonda Moore):

Sterling Ranch managing director Harold Smethills announced a deal with Aurora Water that will deliver 88 million gallons of water already owned by the development’s provider, Dominion Water. The deal paves the way for Sterling Ranch to begin the plat process with Douglas County as the development moves forward, Smethills said.

At the same time, Sterling Ranch signed a second deal with Aurora Water in a 15-year lease for 186 million gallons of water as a sub-agreement of the Water Infrastructure and Supply Efficiency agreement, said Greg Baker, manager of Aurora Water public relations…

Sterling Ranch aims to begin its development process before year’s end and hopes to enter the market as quickly as possible, Smethills said. He hopes to debut Sterling Ranch, a planned development approved for more than 12,000 homes over its 20-year planned build-out, with as many as 2,000 homes in its early phases. “This gets us in the market years before we could have built our infrastructure because the demand is here now,” Smethills said.

More Sterling Ranch coverage here.

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