Sweet Creek Capital Proposes 70 Luxury Rental Townhomes in Castle Pines
Sweet Creek Capital's debut project would bring 70 three-story rental townhomes to The Canyons in Castle Pines, where just one townhome sold in the first two months of this year.
Brady Berlin's newly launched Denver firm, Sweet Creek Capital, is seeking approval to build 70 luxury rental townhomes inside The Canyons master-planned community in Castle Pines, a rezoning proposal that could reshape the rental landscape in one of Douglas County's most expensive housing submarkets.
The project, called The Peaks at Canyons, would rise at the intersection of Canyonside Boulevard and Canyon Forge Drive. All 70 units would be three-story townhomes, split between 40 three-bedroom and 30 four-bedroom residences. Each unit would include 3.5 bathrooms, a private attached two-car garage, and between 1,410 and 1,760 square feet of living space. Sweet Creek Capital is developing the project alongside Oakwood Homes, with construction financing provided by FirstBank, now part of PNC. Completion is targeted for late 2027.
Berlin, a University of Colorado Boulder Leeds School of Business graduate, founded Sweet Creek Capital as a Front Range multifamily investment and development firm. The Peaks at Canyons is its inaugural project.
Interiors are planned to include quartz countertops, vinyl plank flooring, stainless steel appliances, smart home technology, and nine-foot ceilings. Community amenities would include two on-site gathering spaces: The Exchange Coffee House and The Canyon House Kitchen + Cocktails, both described as providing dining, social space, and year-round programming.
The proposal lands in a submarket where homeownership carries a steep price. Most homes in the Castle Pines area sold for nearly $1 million in February, up 1.9% year-over-year, according to a Denver Metro Association of Realtors report. Townhomes sold for roughly $550,000, down nearly 1% from the prior year, though the volume of townhome transactions has been exceptionally thin: only one townhome changed hands in the first two months of this year, compared to 10 homes sold in the same period in 2025.
Local discussions on the rezoning proposal are expected, and no hearing dates have been publicly announced.
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