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Kutak Rock Serves as Bond Counsel for The Meadowmark Project in Castle Rock, Colorado

News | April 25, 2023

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Kutak Rock served as Bond Counsel to the Douglas County Housing Partnership in connection with the issuance of $34,849,421 of its Revenue Notes (The Meadowmark Project) Series 2023. The Notes were issued to finance a portion of the costs of the acquisition, construction, improvement and equipping of a senior 55 and older affordable housing facility, consisting of approximately 200 units, which provides dwelling accommodations within the means of families of low or moderate income. Such facility will be known as “The Meadowmark” and will be located within the boundaries of the County at the northeast corner of Timber Mill Parkway and North Meadows Drive in Castle Rock, Colorado.

The Meadowmark Project will be a four-story, 183,000 square foot building on 5.4 acres with 200 one and two bedroom apartments near the Meadows Town Center. Amenities include two outdoor gathering spaces, a wildflower garden, a fitness room and a community room and craft room. The project also includes 255 parking spaces.

Fred Marienthal, John Bales and Jack McGill worked on this transaction.