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Golden Today
By the People, for the People
Colorado pitches 99-year ground lease model to bring affordable housing to Golden
A large state-owned parcel between Fossil Trace Golf Course and the youth services facility could become 300–400 new homes in Golden under a 99-year public‑private ground lease.
Published on Feb. 28, 2026
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Officials say the Golden Range at Lookout Mountain project would add low‑income and attainable housing, boost the tax base, and test city water and utility capacity, with construction possible by 2028.
Why it matters
In a neighborhood marked with high housing costs and limited affordable options, this 99-year ground lease model could provide a new pathway to develop more diverse and accessible housing for Golden residents.
The details
The proposed Golden Range at Lookout Mountain project would utilize a 99-year public-private ground lease on a large state-owned parcel of land between Fossil Trace Golf Course and a youth services facility. Officials estimate the development could yield 300-400 new homes, including units targeted at low-income and middle-income residents. The goal is to boost Golden's tax base while also testing the city's water and utility infrastructure capacity.
- The Golden Range at Lookout Mountain project is aiming for construction to begin by 2028.
The players
Golden Range at Lookout Mountain
A proposed housing development in Golden, Colorado that would utilize a 99-year public-private ground lease on state-owned land to create 300-400 new homes, including affordable and attainable units.
Fossil Trace Golf Course
A public golf course located near the proposed site for the Golden Range at Lookout Mountain housing development.
What’s next
Officials will need to finalize the 99-year ground lease agreement and secure necessary approvals before the Golden Range at Lookout Mountain project can move forward with construction.
The takeaway
This innovative 99-year ground lease model represents a potential solution to Golden's housing affordability challenges, allowing the city to leverage state-owned land to develop a mix of low-income, middle-income, and market-rate housing units while also testing the capacity of its infrastructure.


