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David Talbot, Marketing Director
Phone: (719) 260.7477
Email: dtalbot@laplatallc.com

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LA PLATA INVESTMENTS, LLC CELEBRATES 10 YEAR ANNIVERSARY

Colorado Springs, CO ( November 9, 2005) --- In 1978 Briargate was little more than a twinkle in the eyes of developers Lew Christensen and John Venezia, who worked with the Urban Land Institute to develop a local land plan that was both aesthetic in design yet functional for future growth.

Briargate has become one of largest and fastest growing areas in the northeast section of Colorado Springs, encompassing more than 9,600 acres and establishing itself as one of the most viable residential areas in our community.

Since 1995, Briargate’s master developer has been La Plata Investments LLC. Under its guiding hand, both Briargate and Pine Creek were brought to fruition. Pine Creek was the first community in Colorado Springs to require builders to design and build their new homes in accordance with strict design guidelines and distinct architectural styles, including Prairie, Craftsman, European Cottage and Spanish Eclectic.

Today, 22,000 local residents are enjoying the benefits of La Plata’s thoughtful approach to planning and design. Countless others are reaping the benefits from road extensions built for and paid by the developer. From the I-25 and Briargate Parkway Interchange to Powers Boulevard from Woodmen Road to Briargate Parkway, transportation has been made easier and more efficient.

For Scott Smith, La Plata’s Chief Executive Officer, the growth of both Briargate and Pine Creek has been a team effort. Dating back to the days of the Briargate Joint Venture formed by Venezia and Christensen, which Smith joined in 1982, and continuing throughout La Plata’s ownership, the success of Briargate and Pine Creek has resulted from team-oriented professionals – individuals who understand the overall vision and have the talent and dedication necessary to make it happen.

So what does the future hold for La Plata? According to Smith a new community, Cordera, will be officially launched in January of 2006 – its distinctive residential design, trail system, parks, community center and pedestrian walkways destined to keep La Plata Investments in the forefront of Springs development.


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