Southern Land Company, a leading designer, builder and developer of communities, establishes presence for strategic growth in Denver MSA and Western U.S.
NASHVILLE, Tenn. — Southern Land Company (SLC), a national developer of mixed use developments and master planned communities, announced today the opening of a new regional office in Denver, Colorado to manage its area projects and expand its Mountain and West development strategy. This is SLC’s fourth regional office, which include its headquarters in Nashville, Tennessee and additional regional offices in Dallas and New York.
“With the volume of work that Southern Land Company is experiencing in the Denver MSA, it only made sense to establish a strategic and permanent position in the Denver area. This location not only allows us to execute on current projects, but also will be a great base to expand our footprint in the region and to stage our investment in Western U.S. markets,” said Tim Downey, Southern Land Company founder and CEO. “We have projects across the country, but we only open regional offices in areas where we make a long-term commitment to work in. We’re bullish on the Denver region and plan to expand our activity in the area while utilizing this new office as an outpost to stage investment in Western markets that are ideal for Southern Land communities.”
Alex Woodin, who has been with SLC for three years, will head up acquisitions and new business for the Denver regional office and will be transferring from Nashville. Woodin has held various roles with the company and has played a key role in acquisitions for the company. He graduated from Vanderbilt University in Economics and received his MBA from the University of Colorado (Boulder), focusing in real estate and finance.
“Alex understands how Southern Land developments enhance the way people live as well as the factors that differentiate us from other developers. He also knows the region extremely well as he resided in Boulder and Denver from 2008 to 2012. He’s the perfect candidate to lead our efforts to grow in this region,” added Downey.
The Denver office will stage SLC’s investment strategy in Western U.S. states. A number of western markets possess favorable factors similar to Denver including business and population growth, record low unemployment and high rates of corporate relocation. Woodin and his team will pinpoint submarkets attracting professionals who desire active urban living.
Currently, SLC’s Denver developments include 617 units between two projects:
- Centric LoHi – located at 18th and Central in Denver’s Lower Highland neighborhood. The project consists of 302 multifamily units and 9,000 square feet of commercial space and is currently leasing units that delivered in September of 2017.
- 17th and Peart St – project will be a 10-story building with 315 multifamily units and 9,000 square feet of retail. The project includes the historic Tavern Restaurant, which will be preserved in the projects development. Demolition has commenced and site work will commence within the next 30 days.
In Boulder, Southern Land Company will break ground this fall on RÊVE Boulder, a six-acre, mixed-use development in Boulder that will deliver 242 units, 125,000 square feet of Class A office space and approximately 17,000 square feet of retail space upon completion. Additionally, SLC is under contract on a master planned residential community totaling approximately 700 lots in Erie, Colorado.
“As can be seen by an estimated $360 million in regional development in various stages, we are committed to the Denver market and look to grow into a long-term player along the Front Range and beyond. There are a lot of great companies and people in Denver’s real estate market and I’m humbled and excited to be a part of this community,” said Alex Woodin.
Southern Land Company is operating out of WeWork at 2420 17th Street in Denver. It plans to find permanent office space and increase local staff. The company currently employs approximately 15 people in the Denver area, primarily in leasing and operations at Centric LoHi. That number will also increase as its projects are completed and its regional office expands.
“Having a regional presence allows us to work together with neighborhood groups, community leaders and city officials to deliver on high standards of design and livability and to ensure our projects fit well within the communities in which they’re built. A full-time presence also ensures we’re well-positioned to quickly act on new opportunities to establish vibrant communities throughout the region and even further west,” added Woodin.
Southern Land Company is dedicated to creating comprehensive communities and special places that are unique and natural to the areas in which they are built. As a full-service development company, it can execute on every stage of the property lifecycle from acquisition and development through to landscape services and property management.
Across its footprint, Southern Land Company employs approximately 300 individuals. It has executed 22 large scale projects across the country and is actively acquiring more land and planning more activity.