DLP Capital is proud to announce a $33.6 million loan to Rock Creek Residential LLC, a Colorado-based residential developer.
The multimillion-dollar loan will fund the entitlement and site development work for Sundance at Rock Creek and Rock Creek Mesa, two key projects in Colorado’s growing El Paso County. The communities will be conveniently located near Highway 115 in Fort Carson, a military hub eight miles south of downtown Colorado Springs and 60 miles south of downtown Denver.
Sundance at Rock Creek: A Luxury Living Destination
Located at the intersection of Pine Oaks Road and Vietnam Veterans Memorial Hwy, Sundance at Rock Creek will feature 240 luxury townhomes and multifamily units atop 15.48 acres of prime land. The gated community includes amenities fit for a modern, active lifestyle, including an upscale clubhouse, recreation room, outdoor pool, dog park, archery range, and bike repair facility.
Sundance at Rock Creek is also located just outside the perimeter of the 2.625-square-mile Cheyenne Mountain State Park, which puts residents within walking distance of the park’s 28+ miles of scenic hiking and biking trails.
Furthermore, the community’s location offers immediate access to Fort Carson via Gate 5, making it an ideal place for active duty service members and their families.
Rock Creek Mesa: A Critical Residential Development
Located just south of Sundance at Rock Creek is the larger Rock Creek Mesa, a 48.90-acre development located at 8145 Piute Road, 285 Pawnee Road, and 0 Pawnee Road, between Gates 5 and Gates 6 of Fort Carson. The project, which features 161 single-family and 180 duplex lots, will address the rapidly growing need for residential housing in the area.
Strategic Financing to Support Growth
DLP’s loan will enable Rock Creek Residential LLC to complete horizontal development for Sundance at Rock Creek and continue the entitlement process for Rock Creek Mesa. The pair of projects will address the increasing demand for quality and attainable housing in Colorado Springs and support the city’s continued expansion.
About Rock Creek Residential LLC
Rock Creek Residential LLC is a real estate development firm located in Colorado Springs, The Centennial State’s second-largest city. With over 55 years of operating history, the company is an established leader in residential and commercial development. The company has 30 completed projects under its belt, and the combined value of the firm’s current projects exceeds $500 million. Rock Creek’s portfolio, which spans over 400 acres, includes developments that directly serve military installations, retail centers, master-planned communities, and high-growth corridors—areas that leverage Colorado Springs’ core strengths.