Operations

Our Operations Protect Our Most Valuable Resources

Pure Cycle is a diversified land and water resource development company that owns and develops a valuable portfolio of land and water rights in a water-short region. We provide reliable, sustainable, high-quality water and wastewater services to local governments and industrial customers, and develop land that creates new customers for our utilities.

Vertically Integrated Water – It Works

We provide wholesale water and wastewater services to local governments and industrial customers. We own or control the water rights and infrastructure required to withdraw, treat, store, deliver and collect water and wastewater for an estimated 60,000 single-family equivalents (SFEs) at buildout.

View Our Water Operations

Land Development in our Growing Business

Sky Ranch is a thriving 930-acre master-planned community along Denver’s I-70 corridor, offering superb accessibility and rapid growth. It features a K-12 Charter School, mountain views, trails, parks, and open spaces, creating an enriched living experience. Designed for affordability, Sky Ranch provides attractive starter homes, addressing housing challenges in major metro areas. Committed to sustainable growth, it exemplifies responsible land development, enhancing quality of life and fostering a vibrant community

Watch Sky Ranch Grow

Expanding into Property Management

To address home affordability, economic uncertainties, and the demand for more space, we expanded into single-family rentals and property management. With over 200 reserved lots in Sky Ranch, we built and leased long-term rental homes to meet the growing need for spacious housing in remote and hybrid work environments. Our model maximized revenue by retaining land and utilities, partnering with national homebuilders, and leveraging low-cost mortgage capital. This strategic expansion aligned with modern housing trends, enhanced shareholder value, and reinforced our commitment to providing quality rental homes.

Explore Our BTR Model

Our Strong Portfolio of Mineral Acres

Our strategic asset portfolio extends beyond real estate and water resources, encompassing a robust collection of mineral acres. With ownership of over 10,000 net mineral acres, the majority situated in southern Colorado, we have also own a significant—nearly 700 acres—in the oil-rich Niobrara Formation within the Southern Wattenberg Field.

This mineral acreage position grants us the opportunity to capitalize on mineral royalty revenues derived from wells drilled on and pooled with our mineral acres, particularly in and around the Sky Ranch property. The Southern Wattenberg Field, known for its oil-rich resources, enhances the overall value proposition for our shareholders.  This diversified approach underscores our commitment to building a comprehensive and resilient asset portfolio to contribute to the overall success of our company.

View Our Oil & Gas Mineral Interest