Dunrene http://www.dunrene.com/ Dunrene is a real estate investment group which has, since 1993, focused primarily on raw land aquisitions and entitlements en Copyright 2009 Wed, 08 Mar 2006 22:26:43 -0900 http://www.sixapart.com/movabletype/?v=3.2 http://blogs.law.harvard.edu/tech/rss Robert Macgregor, President Robert Macgregor worked in commercial property finance in London before moving to Colorado in 1991.  He founded the Dunrene Group shortly thereafter with the aim of making strategic land investments in western Colorado.  His interests now extend to multiple aspects of the development business including acquisition, entitlement, financing and construction.

Personal: Robert received an MA from the University of St. Andrews, is a graduate of the Royal Military Academy Sandhurst and served as a Captain in the Royal Scots Dragoon Guards. He is married with two children and divides his time between Aspen, Colorado and Angus, Scotland.

]]> http://www.dunrene.com/management/robert_macgregor_1/ http://www.dunrene.com/management/robert_macgregor_1/ Management Wed, 08 Mar 2006 22:26:43 -0900 Michael Maple, Chief Operating Officer Michael Maple joined the Dunrene Group in 2002 to oversee the planning and construction of Glenwood Meadows, a mixed use development including 600,000 square feet of commercial space and 500 residential units.  Prior to this, he worked as Operations Manager for Hansen Construction administering premium home construction, and as a Project Manager for Hines Interests, an international real estate development firm. His extensive professional experience includes construction management, market analysis, budget development, marketing, leasing, public relations, finance, deal structuring, and operations. 

 
Personal: Mike graduated magna cum laude from the University of Colorado with a B.S. in Business Administration. He is married with two children and resides in Aspen, Colorado.

 

]]> http://www.dunrene.com/management/michael_maple/ http://www.dunrene.com/management/michael_maple/ Management Wed, 08 Mar 2006 22:25:26 -0900 David Phillips, Business Development

David Phillips joined the Dunrene Group in 2006 to oversee the development of existing investments in western Colorado. He is now focusing on creative business opportunities in rapidly developing regions of the State. Prior to this, he worked for leading investment banks Credit Suisse First Boston and Citigroup, and MacAndrews & Forbes, a prominent private equity firm in New York City. His professional experience includes Merger and Acquisition advisory, Capital Markets financing and Portfolio Management across a broad range of industries.

Personal: David received his MBA, beta gamma sigma, from Columbia Business School and his Bachelors degree with First Class Honors from the University of Auckland, New Zealand. He is married and resides in Aspen, Colorado.

]]> http://www.dunrene.com/management/justin_ricketts/ http://www.dunrene.com/management/justin_ricketts/ Management Wed, 08 Mar 2006 14:39:34 -0900 Home Page real estate investment company which focuses on raw land aquisitions and entitlements. Dunrene continues to seek investment opportunities usually before they are brought to market and often requiring creative solutions.]]> http://www.dunrene.com/home_page/ http://www.dunrene.com/home_page/ Thu, 26 Jan 2006 14:48:19 -0900 Contact Us

 

 

 

 

To contact the Dunrene Group

 

 

Email: business@dunrene.com

 

 

 

 

710 E. Durant Avenue, Suite W-6 Aspen, Colorado 81611
Tel: 970 925 9046 Fax: 970 925 1162

 

]]> http://www.dunrene.com/contact/ http://www.dunrene.com/contact/ Wed, 25 Jan 2006 15:02:51 -0900 About Us
Interests now include residential and commercial assets together with some direct investment in third-party development activities.

Dunrene operates principally in western Colorado where it has bought, managed and sold more than 2,300 acres of developable land. This currently includes a 405,000 sq. ft. regional shopping center in Glenwood Springs together with entitlements for 475 residential units; a hospitality site with a Marriot Residence Inn and Marriot Courtyard under construction in Glenwood Springs; also, a major land assemblage in Grand Junction suitable for a golf community or more than 1,000 homes.

Dunrene continues to seek investment opportunities, usually before they are brought to market, often requiring creative solutions.  In additional to Colorado, this interest has lately been extended to the United Kingdom.]]> http://www.dunrene.com/about_us/ http://www.dunrene.com/about_us/ Wed, 25 Jan 2006 14:24:08 -0900 Previous Projects Glenwood Land Company LLC

Former holdings at South Glenwood have now been developed as Park East Neighborhood, Cardiff Glen residential and Sopris Elementary School.  A further 100 acres is still under management.

Coryell Ranch

The 270-acre Coryell Ranch lies at the confluence of the Crystal and Roaring Fork rivers.  The property was sold to Club Corp of America, parent company of the adjacent Aspen Glen golf course.  It has become the “crown jewel” of that Nicklaus golf community, offering estate lots on the riverfront and unique spring-fed fishing ponds.

Sanders Ranch

The 280 acres at Sanders Ranch in Garfield County include some fine Roaring Fork River frontage and wildlife habitat.  The land was sold in 1998 and has been more recently approved for a championship golf course.

Fruita Land Company LLC

Fruita Land Company LLC recently disposed of 438 acres of gently undulating land some 9 miles west of Grand Junction, CO.  The land is bounded on 3 sides by the west entrance to the Colorado National Monument, which forms a spectacular backdrop, public lands controlled by the Bureau of Land Management and the Colorado River.  The land lies in Mesa County but is close to the amenities and utilities of the town of Fruita, which has expressed interest in possible annexation.  A subdivision is now being planned.  In addition, a 3.3 acre block suited for single family residential development and a 6.7 acre parcel permitted for 132 Multi-family residential units has also been sold.

 

]]> http://www.dunrene.com/projects/usa/previous_projects/ http://www.dunrene.com/projects/usa/previous_projects/ USA Mon, 23 Jan 2006 12:40:43 -0900 Eastbank Eastbank LLC owns 75 acres of prime riverfront on the Roaring Fork in Garfield County, opposite the new Arthur Hills course at Ironbridge. The entrance to the property has high visibility from Highway 82, while much of the riverfront is extremely private. Eastbank has about 1 mile of frontage on the gold medal fishing waters of the Roaring Fork, including one of the most scenic bends on the river.

]]> http://www.dunrene.com/projects/usa/eastbank_1/ http://www.dunrene.com/projects/usa/eastbank_1/ USA Mon, 23 Jan 2006 12:39:35 -0900 Grand Junction Land Company This 635 acre parcel is located in the prestigious Redlands area of Grand Junction.

The parcel is adjacent to the award winning Redlands Mesa golf course community and offers dramatic views of both the nearby Colorado National Monument and across the Grand Valley to the Bookcliff mountains.  The site is in close proximity to the downtown with excellent access to primary/major transportation corridors yet the natural topography provides a distinct level of privacy.  Nearby recreational opportunities abound.

]]> http://www.dunrene.com/projects/usa/grand_junction_land_company/ http://www.dunrene.com/projects/usa/grand_junction_land_company/ USA Mon, 23 Jan 2006 12:37:38 -0900 Glenwood Meadows Glenwood Meadows, LLC initially acquired 470 acres adjacent to the City of Glenwood Springs prior to divesting portions of the site and annexing 345 acres to the City of Glenwood Springs following a 3 year entitlement process. Approvals allow for the development of approximately 600,000 square feet of commercial space and nearly 500 residential units.


Development approvals required the construction or funding of over $14.0 million dollars in public infrastructure including Interstate 70 exit improvements, City of Glenwood Springs street improvements, Bike Path/Trail contributions and construction of roadways and master utilities. Public improvements were funded through the creation of a Metropolitan District, the application of a PIF or Public Improvement Fee and the issuance of Municipal Bonds.


To date, a 405,000 square foot Retail Center has been substantially completed and includes a 125,000 square foot Target, 130,000 square foot Lowe’s and 150,000 square feet of retailers including Gart Sports, Bed Bath & Beyond, Pier 1, Petco, Vitamin Cottage, Chili’s, a Wells Fargo Bank and other shop and restaurant development.

 

 

A hospitality site with a 124 room Marriot Residence Innn and 101 room Marriot Courtyard is under construction as of June, 2009.

Design Development is complete for 65,000 square feet of Wulfsohn Road Mixed Use-the first phase of which will include retail, office and residential space. 

 

Remaining Glenwood Meadows development potential includes:

 

 

  • Additional Wulfsohn Road Mixed Use (retail, office, residential) C-2 Zoning.
  • City approvals are in place for the development of a 120 unit Apartment project
  • 180 apartments following the first phase
  • 175 units of other residential development. Zoned R-3. Single family, Duplex and higher densities permitted.
  • 10 acre Mixed Use Commercial site zoned C-1.
  • Restaurant Pad(s)

To download any of the PDF's on zoning, click any of the following links:
Zoning Parcel
Zoning Map
Overall Zoning Parcels
Overall Site Zoning Map
     
     
]]> http://www.dunrene.com/projects/usa/glenwood_meadows_1/ http://www.dunrene.com/projects/usa/glenwood_meadows_1/ USA Mon, 23 Jan 2006 12:30:21 -0900