GRAND JUNCTION, Colo. (KREX) — “We decided to identify Grand Junction as a market that was in need of apartment housing.” says Alex Perry, Perry Reid Properties Development Manager.
A vast majority of Mesa County apartment complexes were built in the ’70s and ’80s. Prior to building the Railyard at Rimrock, Perry Reid Properties, “noticed there hasn’t been new product built in the last 5, 10, 15 years. And so, it felt like there was a need we could fill.” Alex stated.
It was more than just a housing crisis that brought new development and developers to Grand Junction.
Alex added, “The landscape there is fantastic. Has a lot of things there that are enticing, but one thing it didn’t have was newly built multifamily housing.”
Even though Alex is here for business, he hates that he can’t stay for pleasure.
“I get kind of upset because I’m working the whole time. I don’t get to go hiking, I don’t get to go to the new restaurant that’s there the new brewery.” Alex mentioned.
Perry Reid Property’s company leaders say this may just be the beginning of their expansion into Grand Junction, due in large part to the community itself.
Alex claimed, “It’s one of those towns I think will grow and grow just because of the people there, the city itself, and how easy they are to work with, how progressive they are.”
With the city projected to continue growing, this major developer and others are planning to keep a close eye on Mesa County.
Alex uttered, “I’m excited to be there for at least another two years if not longer. Hopefully we can have this conversation again in a year or two, maybe we’ll do another one.”
Source: Grand Junction Local News | New Property Development in Mesa County