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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.

See what sets Koelbel apart

Long-term view

Our communities are always built to stand the test of time.


Our holistic approach ensures our developments reach their full potential.

We do what we say

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

Cross-discipline expertise

We excel in every development setting: residential, retail, office and more.

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

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