As a real estate developer and investor, one of the core values I hold close is the importance of legacy. While I work to create profitable ventures, I also see myself as a steward of the land. Each piece of property I purchase isn’t just another investment—it’s a part of someone’s story, a piece of history, and a legacy that needs to be preserved even as it’s developed for the future. Balancing historical preservation with modern development is both an art and a responsibility, and I believe it’s crucial for any developer who aims to leave a meaningful impact.
Understanding the History of the Land
Before I even begin planning a project, I take time to understand the land’s story. Often, the land I develop was once a working ranch, a family’s homestead, or a place of cultural significance. One recent project, the Jones and Hank Smith Ranch outside Elizabeth, Colorado, is a perfect example. This property wasn’t just 7,810 acres of open land; it was a part of the region’s rich agricultural history, dating back generations. As I walked the fields and surveyed the landscape, I could almost feel the stories embedded in the soil.
Learning about the history of a property not only honors those who came before but also helps guide my vision for the development. Knowing what the land has meant to others enables me to make better decisions about how it can serve future generations. This sense of continuity brings a richness to my work that goes beyond profit margins.
Striking the Right Balance: Legacy and Profit
Of course, real estate development is a business. There’s always a need to ensure that each project is profitable. But the pursuit of profit doesn’t have to come at the expense of the land’s heritage. For me, the key is to find that delicate balance where history and modern needs intersect.
On the Jones and Hank Smith Ranch project, I chose to retain 1,500 acres of the most scenic and historic parts of the property rather than selling it all. This wasn’t just a financial decision—it was a way to preserve the integrity and history of the ranch. By keeping the most beautiful and storied portions intact, I honored the land’s past while also creating a unique offering for those interested in experiencing Colorado’s heritage firsthand.
At the same time, I subdivided the remaining acres into smaller “ranchettes,” which allowed more people to own and enjoy the property. This approach provided multiple opportunities for new landowners while preserving the essence of the original ranch. I firmly believe that land can—and should—serve multiple purposes, benefiting not only the developer but also the wider community.
Integrating Historical Elements into Modern Development
One of the ways I like to preserve a property’s legacy is by integrating its historical elements into the final development. This approach allows me to tell the land’s story in a way that resonates with new buyers and residents.
For example, in projects where historic buildings, barns, or natural landmarks are present, I often make efforts to preserve and restore these features rather than demolish them. They not only add character to the development but also serve as a tribute to the past. Buyers appreciate the chance to own a piece of history while still enjoying modern amenities.
In some cases, I’ve worked with local historians and community members to learn about the land’s significant events or notable figures. This can lead to naming streets, subdivisions, or even entire developments in ways that honor those stories. I’ve found that prospective buyers are drawn to properties with a sense of legacy; it gives their new home or land an added layer of depth and meaning.
Environmental Stewardship: Caring for the Land’s Natural Legacy
Preserving the legacy of a property isn’t limited to its human history. The land itself, with its unique ecosystems and landscapes, is a legacy in its own right. I take environmental stewardship seriously, especially when working with large properties that feature natural beauty or rare habitats. Preserving water sources, maintaining native vegetation, and respecting wildlife habitats are all ways that I try to care for the natural legacy of the land.
On some properties, I’ve created conservation areas or designated open spaces that protect the land from overdevelopment. These spaces aren’t just good for the environment—they also add value to the surrounding properties by offering residents access to unspoiled natural beauty. Buyers appreciate knowing that their investment aligns with values of sustainability and respect for the land.
Building for Future Generations
A legacy is something we leave behind for those who come after us. As a father and grandfather, I’m reminded of the importance of building for future generations, and I carry that perspective into my work. When I develop a property, I’m not just thinking about the immediate buyers but about the people who will live on that land in the years and decades to come.
I aim to create developments that contribute positively to the community and have lasting value. Part of that commitment means designing properties that blend with the local landscape and infrastructure in ways that are sustainable. Projects that are planned with the future in mind—from responsible resource management to thoughtful land use—are more likely to stand the test of time.
Legacy as a Guiding Principle
Ultimately, preserving the legacy of a property is a guiding principle that shapes every decision I make. While the real estate business may often focus on rapid returns and high yields, I believe in taking a long-term view. Real estate development isn’t just about turning land into profit; it’s about transforming it in ways that respect its past and set it up for a thriving future.
Legacy is about stewardship—an idea that speaks deeply to me on both a personal and professional level. I see myself as someone who’s not only in the business of creating value but also in the business of preserving meaning. When I can develop a piece of land in a way that honors its history, protects its natural beauty, and serves future generations, I know I’ve done my job well.
Preserving history while developing for the future isn’t always easy, but it’s worth the effort. When done thoughtfully, real estate development can bridge the past and future, leaving a legacy that’s as lasting as the land itself. And in my mind, there’s no better legacy than that.