Against the 'Gran'

Against the 'Gran'

Development by Sean Roth | Real Estate Editor

Gran Paradiso looks to have some serious challenges to overcome. It's massive - 1,999 residential units on 1,068 acres. It's a master-planned development entering a residential market that's facing its lowest demand levels in years. Competition is right around the corner - in one case right across the street, in the already more firmly established IslandWalk on Thomas Ranch by DiVosta Homes. Plus, the developer is still missing a third home builder to for the multifamily units in the project.