Monument development / Housing · Updated October 12, 2026
New housing in Monument: Conexus, Hillpointe and neighborhood growth.
Apartment and townhome plans along Old Denver Road sit alongside established master-planned subdivisions. The useful questions are what was approved, what is under construction, and which neighborhood or district a parcel actually belongs to.
01 / Conexus housing
A multifamily proposal on Old Denver Road.
One of the larger Monument residential projects is Conexus Lot 1 (Hillpointe), a roughly 19.1-acre site along Old Denver Road. Public project summaries describe a development of 354 units, consisting of 312 apartments and 42 townhome-style units.
The broader Conexus phases 2 and 3 planning framework has referenced a high-density residential designation with a possible maximum of 399 units on Lot 1. That maximum is a planning parameter, not the same as the 354 units in the specific proposal.
Town Council approval of case 2026-004 was reported on August 17, 2026. Approval does not necessarily mean all buildings have received their individual permits or that units have been completed. The current project record should be checked for construction and inspection progress.
02 / other new housing activity
Not every residential headline represents a new subdivision approval.
The Town’s construction-project reporting has also identified Meritage Homes (Conexus Lot 2) among projects under construction. This is a different site and project phase from the Hillpointe Lot 1 multifamily proposal, so their unit numbers should not be added or substituted for one another without the actual plans.
Willow Springs Ranch West has appeared in project tracking as an annexation and rezoning application, case 2025-027-AN, under review in August 2026. This should not be confused with the existing Willow Springs Ranch community or treated as an approved build-out.
New construction also continues within and around established communities such as Jackson Creek North, Forest Lakes and Monument Junction, each with different lots, builders, covenants and metropolitan-district considerations.
What to watch
Approved density, homes offered for sale and completed units are different numbers.
Development plans may authorize a potential density, while actual absorption depends on financing, infrastructure, homebuilder schedules and market demand. That distinction matters when comparing projections of population, enrollment and commercial demand.
Before purchasing in a new neighborhood, verify actual taxing district, school district, HOA obligations, use restrictions, build-out timeline and nearby proposed phases. Confirm the parcel against the County Assessor and the governing jurisdiction’s plans.
03 / relationship to retail development
More housing could change the customer base for Monument businesses.
New homes and apartments add potential customers and workers to the area, which is relevant when evaluating future restaurant, retail, service and office demand. At the same time, land development places demands on transport, water, drainage, public safety and schools.
The pending Monument 2040 Comprehensive Plan is intended to guide growth decisions over the next decade and beyond. The October 2026 drafts do not grant permission for every project identified on a future land-use map.
For developers or investors comparing land, review the commercial real estate guide together with the official Town plans and current parcel records. For owner-occupants, compare actual builder inventory instead of relying solely on a subdivision’s concept plan.
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