Frequently Asked Questions

We estimate that the first units will be ready for move-in Summer 2027. We will provide updates as construction milestones are reached.

Yes, homes will be released in phases. The initial release includes residences in the first 2 out of a total of 10 buildings: 2051 26th St and 2540 Spruce St, as shown on the Site Map. Subsequent releases are expected to follow in alignment with construction progress and demand.

If a home is under contract, the purchase price is established in your signed agreement. Pricing for homes not yet under contract may adjust in response to market conditions and demand.

Picea is planned as a 52-residence community.

There are currently 16 planned floor plan types available. Floor plans are shown for reference during pre-sales and may be refined as construction documents are finalized.

Homes range from approximately 1,631 SF to 3,565 SF. Final square footage may vary modestly based on as-built conditions and standard measurement practices.

Homes are designed with higher than code-required STC (Sound Transmission Class) ratings. As with any multi-residence living environment, sound levels may vary depending on use and conditions.

Yes, every home has a private rooftop patio with solar panels and most units have a pergola providing shade to a portion of the rooftop patio, along with an optional outdoor kitchen. Most rooftops are also designed to accommodate future hot tub installation; buyers should confirm the final equipment specifications and applicable HOA guidelines at the time of installation.

Yes, as long as they are selected prior to the deadlines outlined in the purchase agreement and construction schedule based on your home’s build stage.

There are three interior finish packages selected by our award-winning interior design firm, Unscripted Interiors, who have chosen an impeccable palette of finishes and textures for each home. Early buyers of two of the packages will have the opportunity to choose between light or dark tones. Additionally, buyers may add options of outdoor kitchens, shade sails, closet upgrades and the addition of an entertainment feature wall. If a specific product or material becomes unavailable, an equivalent selection aligned with the overall design intent may be offered.

Interior design options were crafted so that buyers do not get overwhelmed with excessive design choices. Our sales and design team will guide buyers through the selection process and timing.

Homes have a base package that includes wireless access points for easy addition of smart home features. Buyers may work with ListenUp, our local smart home subcontractor, to install upgrades that could range from security and automated blinds to audio/visual components.

Every home is designed with solar, with an average system size of 6 kW. Solar production and utility savings vary based on season, weather, and household energy use, with the goal of providing meaningful energy offset over time. City of Boulder energy codes are more stringent than most other municipalities nationwide, so efficient windows and tight building envelopes are a prerequisite and the entire Picea community is free of natural gas. Homes are designed to meet applicable codes in effect at the time of permitting.

Yes, each home is wired for EV charging, includes solar and LED lighting throughout and electric heat pump heating and cooling.

Our knowledgeable sales team will walk you through the process – from reservation and contract through selections and closing – so expectations are clear at each step.

Initial deposits are refundable during a review period, as outlined in the purchase agreement. Our team will review the applicable timelines and conditions with you so you understand all key dates before signing.

Initial deposits are refundable during a review period as specified in the purchase agreement. Refundability and timing are outlined in the purchase agreement and dependent upon construction and upgrade selection. Our team will review key dates with you prior to signing.

Yes, please reach out to the brokerage team for contact information for lenders familiar with new construction timelines and Picea Residences. Buyers are welcome to use the lender of their choice.

Yes, the association will cover insurance, exterior maintenance, landscaping, snow removal, and reserves, as detailed in the governing documents. Rental policies are subject to the governing documents as they may be amended from time to time.

We are currently working on a projected budget for the HOA. Estimated dues will be shared once finalized.

Any rentals must comply with City of Boulder rental regulations. Per the HOA Bylaws, long-term rentals are permitted and short term rentals are permitted with restrictions aimed at community compatibility, as detailed in the governing documents.

Every home has a private one- or two-car garage. Guest parking is available on Spruce Street and 26th Street. Street parking is subject to City regulations.

Many of the garages are oversized to accommodate for gear storage. There is also a flex room on the ground floor that could be used for storage, home office, fitness room, or guest space, depending on buyer preference and final layout.

Landscaped, meandering paths and picnic tables provide connections within the community.

Picea Luxury Residences are new construction townhomes in downtown Boulder, Colorado, within blocks from the Pearl Street Mall and the Boulder Creek Path. The location also provides easy access to the Twenty Ninth Street retail district and nearby grocery options like Whole Foods Market Boulder, which is the largest Whole Foods location in Colorado.

Picea Luxury Residences are located near many of Boulder’s most popular outdoor destinations, including Mount Sanitas, the Boulder Creek Path, Boulder Falls, Boulder Creek for tubing and recreation, Chautauqua Park at the base of the Flatirons. Residents also have access to nearby hiking, biking, and year-round outdoor activities, with Eldora Mountain Resort approximately 30 minutes away and major ski resorts like Breckenridge and Vail within easy driving distance.

Picea is a rare opportunity to enjoy the benefits of a close-knit residential community within the heart of all that Boulder has to offer. Not only that, but we are able to deliver unique placemaking with 52 units in 10 differentiated buildings and a wide variety of floor plans. There is something here for everyone, and the project delivers on a common theme of connectivity to each other, to Boulder and to the outdoors.

Picea offers exceptional connectivity for a community of this size. Picea Residences are less than half a mile from Whole Foods, 29th Street Mall, Pearl Street Mall, the Boulder YMCA and the University of Colorado campus. The community is connected to the protected Folsom Street bike path and less than ¾ of a mile from the Goose Creek Path. Additionally, Greenleaf Park is just across the street. Folsom Field is under half a mile away and Boulder Theater is less than a mile down the road.

Picea Luxury Residences are adjacent to many of downtown Boulder’s top restaurants, including Michelin-recognized Frasca Food and Wine. The surrounding area offers a strong mix of local dining, bars, and craft breweries, reinforcing Boulder’s reputation as a leading food and beverage destination in Colorado.

Picea Luxury Residences are located near the University of Colorado Boulder, a nationally recognized university. The campus includes Folsom Field, home of Colorado Buffaloes football, drawing significant attendance and seasonal activity to the area.

Picea Luxury Residences are located near annual events including the Boulder Farmers Market, Bike to Work Day, and Tube to Work Day along Boulder Creek. Boulder will also host the Sundance Film Festival beginning in January 2027, adding to the city’s calendar of major cultural events.

Picea Luxury Residences connect to Boulder’s extensive bike path network and regional transit system, include Regional Transportation District (RTD) routes. The location also provides access to Boulder’s major employment centers, including the city’s technology, research, and startup ecosystem, with major employers like Google, X (formerly Twitter), along with a range of innovation-driven companies across Boulder, Colorado.

Each residence at Picea includes a One-Year Limited Warranty provided by Hyder Construction, commencing upon issuance of the Temporary Certificate of Occupancy.

This limited warranty covers defects in workmanship and materials related to the home’s construction during the first year. Should any warrantable items arise, they may be submitted for review and addressed in accordance with the builder’s warranty standards.

In addition, many installed components — including appliances and certain mechanical equipment — are covered by their respective manufacturer warranties, which may extend beyond the one-year builder warranty. Owners will receive all applicable warranty documentation and registration information upon the closing of their home.

Hyder Construction is the builder. They have been delivering luxury residential projects across the Front Range and Colorado mountain communities since 1946.