Carousel Farms Metro. Dist. v. Woodcrest Homes, Inc.

Opinion by JUDGE HARRIS

¶ 1 Appellant, Woodcrest Homes, Inc., owned a .65-acre parcel of land (referred to as Parcel C) outside the Town of Parker. Century Communities, Inc., and its subsidiaries (collectively, the Developer) acquired the parcels to the north and south of Parcel C, with a plan to create a development-Carousel Farms-comprising all three parcels. Under its agreement with the Town, the Developer could not move forward with its development plan until it acquired Woodcrest's land.

¶ 2 Woodcrest, though, declined to sell Parcel C for the price offered. So the Developer threatened to…