Markel Homes News

LONGMONT – Boulder-based Markel Homes has begun infrastructure work on West Grange, one of the largest new residential developments in southwest Longmont. Read more.

“We really enjoy Prospect,” Markel said. “For us, it’s an exciting project because we get to do some various types of architecture with diversity and different floor plans.”

In addition to the homes, Markel is dedicating a park area to the homeowners association as well as some open space and a trail to the city of Lafayette.

LONGMONT — Kiki Wallace, developer of the Prospect New Town neighborhood on the southern edge of Longmont, has sold off a large portion of the remaining land on the property destined for residential development to Boulder-based Markel Homes. Read more.

Michael Markel founded his company way back in 1973, but the homebuilder is only now about to start putting his fingerprints on housing in Longmont.

“Boulder held up pretty well, but I consider it — after working here for 40 years — it was one of the more difficult recessions in the Boulder area,” Markel said. “The big bounce-back is a real pleasant surprise.”

Markel Homes’ North End phase ll is situated around Louisville’s Hecla Lake with trails that lead into Lafayette to Waneka Lake — the Louisville development backs Lafayette’s Willow Creek, another Markel Homes division. Boulder-based Markel Homes also built Spring Creek near 95th Street and Arapahoe in Lafayette.

North End appeals to a range of buyers searching for that “elusive” new home in Louisville, which has twice topped Money Magazine’s “Best Places to Live” list.

“We’re sold-out of single-family homes in Phase I, so we wanted to continue the single-family home marketing,” Michael Markel said. “That was a natural to go right into the single family.”