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About Koelbel and Company

Creating developments that people are proud to call home.

Seven decades of building excellence.

Since 1952, Koelbel and Company has been a family business driven by the desire to be Colorado’s premier real estate developer. From beautiful residential neighborhoods to functional commercial developments, we’ve consistently delivered on that goal.

Our constant aim is to enhance the land we touch. Sustainability is always at the core of our residential and commercial planning. Whether it’s improving old ideas or employing new technologies, Koelbel is constantly adding new layers and dimensions to how we build. We are proud to enrich the communities where we work, live, and play and look forward to realizing the potential for Denver and Colorado real estate for years to come.

Koelbel’s Cornerstones

The core values that set us apart


A passion for the land, both developed and natural, coupled with a desire to create community is the engine that drives us forward and ensures our communities stand the test of time.

Sense of Urgency

We work hard to solve problems and overcome challenges to ensure we accomplish our goals and maintain strong relationships.


We walk the walk to deliver unsurpassed quality in every development.

Attention to Detail

A focus on the small details whether it is in accounting, construction, due diligence, finance, or entitlements ensures that we can minimize risk and maximize quality, no matter the situation or development setting.

Problem Solving

Identifying issues, critically thinking about a solution, and successfully implementing a response ensures continued success in an evolving market and economy.


The foresight to determine obstacles and opportunities with enough time to respond proactively allows us to be ahead of the curve, not behind it.


Having compassion and sympathy for our tenants, buyers, and co-workers provides us the guidepost to make the right decision.

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Our History

Koelbel and Company was founded as a residential brokerage firm in 1952 by 26-year-old Walter A. Koelbel. Even at such a young age, Koelbel had the gift of patience and the ability to see possibilities. That’s why he began acquiring properties along the highway that would eventually become Denver’s I-25 corridor.

With the planning of Pinehurst Country Club and Pinehurst Estates, its flagship property, the company quickly gained prominence—and was able to sustain that success for decades. In 1990, Koelbel hit another milestone, creating The Preserve at Greenwood Village, a national award-winning community that includes public trails leading to a 45-acre nature preserve at its center.

Today, Koelbel and Company stands as the longest operating family-owned real estate development firm in the region with a slate of developments stretching from Vail and Winter Park to Louisville and Boulder, as well as modern, sustainable homes all across metropolitan Denver.

Read Our Story

Join our team. We’re always looking for great team members to join our Koelbel family.

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