First Tenants Announced for The Shops at Meridian Ranch

Falcon, CO – WEBWIRE – Tuesday, March 29, 2016

The new Shops at Meridian Ranch in Colorado Springs, currently under construction.

With a shortage of retail services offered in the area, The Shops at Meridian Ranch will provide the necessary space for retailers to offer Meridian Ranch residents and those in surrounding neighborhoods with more accessible retail opportunities."

Meridian Ranch announced that Papa John’s Pizza, Meridian Ranch Liquor, Nana’s Kitchen and Meridian Service Metropolitan District are the first confirmed tenants set to open their doors in Phase 1 of The Shops at Meridian Ranch.

Thomas General Contractors is building the 30,000 square-foot Phase 1 at the northeast corner of Meridian Road and Stapleton Drive. Expertly designed by YOW Architects, The Shops at Meridian Ranch will present dozens of retail opportunities for business owners in a rapidly expanding new home community.

Strategically placed near the center of the Black Forest and Falcon communities, The Shops at
Meridian Ranch will continue to grow for years to come. At build-out, The Shops may comprise approximately 80,000 square feet of retail space.

“With a shortage of retail services offered in the area, The Shops at Meridian Ranch will provide the necessary space for retailers to offer Meridian Ranch residents and those in surrounding neighborhoods with more accessible retail opportunities" said Vice President of Marketing for The Techbilt Companies, Jenny Tchang Frost.

The property’s landlord, Techbilt Companies (DBA GTL Development, Inc.), is a San Diego-based developer that has nearly 60 years of experience acquiring, developing, building, enhancing and leasing commercial and residential developments.

For more information on leasing opportunities, contact Olive Real Estate Group at 719-598-3000 and speak to James Justus, jmj@olivereg.com or Steve Hunsinger, steveh@olivereg.com

About Meridian Ranch
Meridian Ranch is located two miles north of Woodmen Road on Meridian Road. Meridian Ranch was created as a master-planned, new home community with abundant recreation opportunities, landscaped parkways, tree-lined trails and wonderful amenities such as the Antler Creek Golf Course, Creek View Grill, quality schools and numerous neighborhood parks. Additionally, the 215-acre Falcon Regional Park is set to open in late spring.

The Colorado Springs new home community features a state-of-the-art recreation center with an outdoor pool and a new indoor pool offering residents a wide variety of activities perfectly suited for an active, healthy lifestyle. As such, Meridian Ranch has attracted a demographic with a household income that is above the national average.

Meridian Ranch is one of Colorado Springs’ fastest growing communities, planned for 4,000 homes at full build-out. Currently the community consists of 2,095 plotted lots, close to 1,600 homes with more than 1,800 expected by early 2017.

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