Legacy-Rendering

LDP, Garrett Cos. Acquire 30 Acres, Plans Major Retail Developent Near Colorado Spings

by Abby Cox

Monument, Colo. —  A partnership between Legacy Development Partners (LDP) and The Garrett Cos. has acquired approximately 30 acres to develop Legacy at Jackson Landing, a 225,000-square-foot retail center located at the northeast quadrant of Interstate 25 and Baptist Road in Monument, roughly 20 miles north of Colorado Springs. The development will be anchored by Target, with other proposed tenants including Marshalls, HomeGoods, Chick-fil-A and Firehouse Subs. Additional retailers and restaurants are currently in active negotiations. Construction is expected to begin immediately, with a targeted opening in October 2027.

Forth Worth, Texas-based Telis Group sourced equity for the development, while the Bank of Texas provided construction financing.

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