Norwood Development Group

About Norwood Development Group

Norwood Development Group is a real estate operator headquartered in Colorado Springs, CO. Norwood Development Group operates in Colorado Springs, Colorado. Its investment focus is on Affordable Housing, Hospitality and Multifamily - Ground-up.

Norwood Development Group is a privately held real estate developer based in Colorado Springs, Colorado, founded in 1970. It has operated for over 50 years. The company employs between 11 and 50 staff members. Norwood has developed more than 4,800 acres of master‑planned communities to date, with an 18,000‑acre expansion underway in Banning Lewis Ranch. It has delivered over 1,800 apartment units in the last decade and plans an additional ~1,000 units in the near term Its portfolio includes suburban garden‑style and urban multifamily properties—such as 169‑unit 333 ECO, 252‑unit Lark on Woodmen, and 177‑unit The Mae on Cascade. The firm has also produced more than 2 million ft² of commercial and retail space—including First & Main Town Center and InterQuest Marketplace—and approximately 750,000 ft² of Class A office space. It manages mixed-use, hospitality (e.g., a proposed 180‑room Catbird Hotel), and permanent supportive housing projects.

Principals at Norwood Development Group

Recent activity at Norwood Development Group

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Norwood Development Group's project portfolio

11 projects on file · Multifamily (9), Office (2)

Markets and themes

Markets Norwood Development Group operates in

• Colorado Springs, Colorado

Investment themes at Norwood Development Group

• Affordable Housing
• Hospitality
• Multifamily - Ground-up
• Placemaking
• Standalone Retail
• Workforce Housing

Capabilities

• Construction Management
• Economic Development
• Site Development
• Technology-forward
• Transit-oriented development
• Urban infill

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Frequently asked questions about Norwood Development Group

What does Norwood Development Group do?

Norwood Development Group is a privately held real estate developer based in Colorado Springs, Colorado, founded in 1970.

Where is Norwood Development Group based?

Norwood Development Group is headquartered in Colorado Springs, CO.

What markets does Norwood Development Group operate in?

Norwood Development Group is active in Colorado Springs, Colorado.

How many employees does Norwood Development Group have?

Norwood Development Group has 11–50 employees.