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    O’Neil and La Plata Form Joint Venture

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    By on Economic Development, landscape

    A Colorado Springs private equity firm that is a major property owner and a longtime local development firm have formed a new company that will offer development services from vacant ground through managing completed buildings.

    The O’Neil Group and La Plata Communities have formed a joint venture called ONE La Plata that will include most of the development operations of La Plata and the real management operations of O’Neil Group, according to a news release from the new company. O’Neil Group and La Plata each own 50% of ONE La Plata, which now employs 28 people that formerly worked for the two partners and will eventually work in one of O’Neil Group’s buildings.

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