Monday, November 3, 2008

Ute Lake Ranch

That's the name of the development near Tucumcari that may have been advertised by the billboard we saw in Amarillo ten days ago and mentioned in a "Road Notes" post.
The initial plan is for the 12,500-acre project is for 1,500 homes, 750 patio homes at $450,000 or so and 750 estate lots/homes at $1 million to $2 million. Our wizard of Tucumcari reports that most of the estate lots have been now sold with 20 or so patio homes sold and under construction.
Carma US, of Calgary, Alberta, a developer of residential master-planned communities, and Ute Lake Ranch, Inc., are the developers. The joint venture partners have hired JC Resorts of San Diego, CA, to oversee construction and operation of the community's 8,000-yard Nicklaus Design golf course and other resort amenities. The golf course will have twelve holes along he water.
The website is www.utelakeranch.com.

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