LONE TREE, CO...BREAKING NEWS I attended today a focus group for Pulte Homes' newly planned development for active adult living in RidgeGate at Lone Tree, CO. If Montecito comes off as well as the conceptual plan, it's going to be teriffic and could sell like hot cakes. Within the mediterranean, eclectic community will be one hundred forty home sites designed for a feeling of quality. The plan is for the detached homes to provide lower maintenance and will be within walking distance to Lone Tree Recreation Center, restaurants, coffee shops and retail stores. Montecito's homes will be built around a "Central Park" to encourage community gatherings. The price range is expected to be in the $400,000 to $600,000's price range with 1,500 to 2,000 square feet above ground plus basements. Some of the basements will be walkouts. Ground is to be broken this May with a sales trailer opening in September. It is hoped that purchase contracts can start to be written in the October to November time frame. The first closings are projected to be in April 2012.