Planned community development?

[Michael Lesavoy]

So I recently assembled what many consider the best land in southern Colorado located in the Pueblo Colorado area. The property that I have assembled is approximately 700 acres surrounded by homes ranging from $400k to over $2 million. Finished lots will sell for $55k to over $200k for a acre and under. 

My question is.. Do I sell the land or do I bring in partners and finish the project? 

[Joe Splitrock]

Originally posted by @Michael Lesavoy:

So I recently assembled what many consider the best land in southern Colorado located in the Pueblo Colorado area. The property that I have assembled is approximately 700 acres surrounded by homes ranging from $400k to over $2 million. Finished lots will sell for $55k to over $200k for a acre and under. 

My question is.. Do I sell the land or do I bring in partners and finish the project? 

 How could anyone answer that question with the information provided? It depends on what you paid for the land, what you could sell it for, what it costs to develop, how long it takes to develop and sell off lots. Are you a land developer?