Keith D. Simon is the executive vice president and director of development for Coventry Development Corporation. Coventry manages and develops the real estate assets—large land tracts in Colorado, Texas, and Florida, as well as mixed-use buildings in New York City. Coventry focuses on transformative real estate development with mixed-use, compact planned communities that begin with major new employment uses, ultimately adding amenities and enhanced value to the surrounding community.
Coventry’s Colorado team of five real estate professionals office in the 3,500-acre, mixed-use planned community, RidgeGate, located in Lone Tree (www.ridgegatecolorado.com). RidgeGate launched in 2003 with the opening of the Sky Ridge Medical Center and now has more than 2,500 new jobs in approximately one million square feet of office, medical, retail space, and 1,000 new residential units ranging from luxury rental apartments to townhomes, condos, and single family detached homes. All of these residential products are located in a walkable, light rail-served mixed-use community setting integrating abundant park and open space, a South Suburban Recreation Center, and the new City of Lone Tree Arts Center. At buildout, RidgeGate is forecast to include more than 15 million square feet of commercial use and over 10,000 residential units.
In Texas, Coventry launched the 2,000 acre Springwoods Village (www.springwoodsvillage.com) in 2010 based on the sale of 400 acres to ExxonMobil for its new 8,000 person corporate campus. Scheduled to open in early 2014, the community is forecast to create 5,000 residential units and more than 40,000 new permanent jobs in nine million square feet of office and 1.2 million square feet of retail.
Coventry has been a long-time investor of the Metro Denver EDC because, as Keith Simon stated, “The Metro Denver EDC has provided great leadership to help position Metro Denver’s competitive advantages on the global stage to help retain and attract high quality employers. The integration with Coventry, as one of several large-scale developments with a prime location and a community development concept that appeals to employers trying to attract and retain employees, has been handled in a first-class manner.”