James Real Estate Services - Cherry Creek Perspective
April 2010  
Kenney Architechts

Cherry Creek Chamber of Commerce
Cherry Creek Rotary
Glendale Chamber of Commerce
Cherry Creek Steering Commitee
Transportation Solutions
Cherry Creek Arts Festival
United Western Bank
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The 16th Street Mall continues to examine redevelopment. Alternative Urban Design plans provided by ZGF urban design consultants are being considered by the 16th Street Steering Committee. Retail, Design/Planning and Historic Preservation Stakeholders are providing their advice and public meetings are scheduled for April 6th and May 12th in the Wellington Web Building at 201 West Colfax Avenue, Rooms 4.F.6 and 4.G.2.  In addition to consideration of a variety of streetscape alternatives, the alternative plans include realignment of the shuttle bus lanes in the mall, movement of one of the lanes to 15th Street and leaving the bus lanes as is.  More at:

http://downtowndenver.com/CurrentUrbanDesignPlanDetails/tabid/400/Default.aspx

RTD has begun to replace the shuttle busses on the 16th Street Mall.  With expansion of the mall as Union Station is redeveloped for FasTracks, and existing busses nearing the end of their economic lives, the RTD Board of Directors approved a contract with DesignLine USA of Charlotte NC for two prototype busses with an option for 57 more.    The design of the new shuttles will be much the same as the existing 36 bus hybrid fleet and the new prototypes will be delivered in early 2011.

A new pedestrian bridge has opened near the Union Station area.  Spanning 170 feet to connect the area with the Riverfront Park residential/commercial development along 18th Street, the Union Gateway Bridge is to complement the redevelopment of Union Station into a central transportation hub for the Denver metro area.

A new mixed-use development has been announced for the area west of South Broadway and West Jewell Avenue by real estate investor Jon Cook. To be known as The Lumberyards, construction of the site is to begin in 2011 with an 8-story building that will have an upscale restaurant on the base floor and residences above that is to be followed later by buildings that will add office, residential, retail and restaurant space.

As the State Legislature and the Denver City Council grapple with the issue of medical marijuana, the Cherry Creek News reports that at least six dispensaries have opened along East Colfax Avenue and about eight have opened in Cherry Creek North.

The Park Hill area continues to seek a grocery store. The Denver Post reports that Sunflower Farmers Market considered opening a store in the neighborhood about a year ago, but now the chain "has expanded its search for a location to include central Denver." Local residents complain about a lack of convenient grocery shopping and are now focused on a public-private partnership to bring shopping to the area using a $500,000 grant from the Colorado Health Foundations to the Denver Department of Environmental Health to replicate the Pennsylvania Fresh Food Financing Initiative which developed some 78 grocery stores in underserved communities. More at: 

http://www.denverpost.com/search/ci_14644222

The owners of the former Andrison Morton's
's store (FKA Auer's) at 210 St. Paul Street presented redevelopment plans to the Cherry Creek Steering Committee.  The site now has about 20,000 SF of retail and office space on two levels.  After a rezone, supported by the Cherry Creek North Neighborhood Association the redevelopment plans total some 40,000 SF, including retail space on the ground level and 18 to 19 units of residential above, up to 55 feet high.

Neck Lemasters reports that the Cherry Creek Shopping Centerhas signed leases for Sports Authority to occupy the 15,000 SF former Chevy's restaurant space, and with Cherry on Top, a frozen yogurt outlet, and BCBG Max Azria women's apparel. Also the biennial Mask Project, which benefits the Denver Hospice began on April 1 and culminates with a gala in the center on May1. More at:

 
http://www.themaskproject.org

Saks Fifth Avenue, the luxury goods  anchor tenant at the Cherry Creek Shopping Center has announced that it will close two stores in Portland, Oregon and perhaps others to enhance the chain's gross margin.  The Denver Post said Nick Lemasters said "he doesn't think the Saks there is in danger of closing."

The Stapleton and Northfield developments will be served by a new I-70 interchange at Central Park Boulevard. Construction will start in June with completion expected in late 2011. Funding totals some $70 million, including the Better Denver bond program, American Recovery and Reinvestment Act funds, Colorado Department of Transportation funds and some $20 million from Forest City, the developer of Stapleton for extension of Central Park Boulevard to the interchange.

And Stapleton will be the site of an additional schoolat East 35th Avenue/Syracuse Street. Denver Public Schools announced it will start construction in June of a 900 student school that will serve pre-school to 8th grade students.  The development reportedly benefits from lower construction costs than expected and Forest City funding some $19 million of the costs with payback to come later as real estate taxes increase.

Warmer weather is fast approaching and so why not earn some prizes for cycling more often into the Cherry Creek area?  This year's Commuter Challenge by Transportation Solutions' Bike Rackkicked-off on Thursday, April 1 and will run through June 22. Earn an entry into the Grand Prize Drawing every time you ride to (or check in as you ride past) The Bike Rack. Challenge participants will also have chances to win weekly and monthly prizes. The Grand Prize winner will be announced at the Bike to Work Day Breakfast Station on June 23. New for 2010, is recognition of a Commuter of the Week, spotlighting a different cyclist who's making a difference each week during the Challenge.

Grand Prize: a Trek FX bike, courtesy of Campus Cycles
April Monthly Prize: a Chrome messenger bag
Weekly Prizes: to be announced! More at:

http://cherrycreekbikerack.com/

Redpeak Properties has opened the new expansion of the Seasons Apartmentsat South Madison Street/East Bayaud Avenue. The 13-story 147-unit building has luxury amenities and a number of penthouse units. More at:

http://www.redpeak.com/whats-new/the-seasons-expansion.cfm

Guiry's,the paint and interior design retailer has opened a store in the 17,000 SF former Bova Furniture store at 2121 South Colorado Boulevard. 

Mayor Hickenlooper, the Denver Office 
Cultural Affairs and The Denver Architectural Foundation invite the public to celebrate Denver's unique architectural landscape by taking part in Doors Open Denver 2010.  The theme for this year's Doors Open Denver is adaptive reuse and the program will feature sites that represent outstanding examples of buildings with a second life

Denver Redux/Redo, as Doors Open Denver 2010 has been coined, will take place the weekend of April 17 and 18. Residents and visitors will have the opportunity to experience Denver's built environment in a special way-from inside many buildings that are not ordinarily open to the public. Attendees will have access to more than 80 of Denver's prominent architectural gems and lesser-known treasures. These include corporate offices, mansions, architecture and design studios, hotels, commercial and retail buildings, museums, educational facilities and more. Note that about half of the sites featured in 2010 are new to Doors Open Denver. 

Doors Open Denver is a FREE event. Hours are 10 a.m. to 4 p.m. on Saturday and Sunday. Activities were developed with families in mind.   Event guides will be distributed to through the April 9 edition of The Denver Post, at event headquarters in Union Station on event weekend, at each participating site, kiosks along the 16th Street Mall and tourist information centers. More at:
 
www.DenverGov.org/DoorsOpenDenver

Walter Gerash, prominent Denver defense attorney has sold the Curry-Chucovich House at 1439 Court Place.  The 1887 2-story historic 3,000 SF brownstone formerly housed the Gerash law firm and was sold to another law firm, Semler & Associates for $750,000 or $250/SF.  The building is across Court Place from the City of Denver's the Wellington Webb office building and surrounded by parking lots.

Denver City Council Member Marcia Johnson reports that the Better Denver Bond Program is funding major improvements to Denver parks and trails including the Highline Canal Trail between Quebec and Yosemite Streets. The Denver Parks and Recreation trail system was named No. 1 in the country for 2009 by Parks and Recreation Magazine. Also Council Member Johnson reports that no more LED billboards will be permitted in the city. Three LED billboards were given permits before the ban and they have significant constraints on light and movement.


Council Member Jeanne Robb announced that work has started on renovation of Cheeseman Park.  In 2007, voters approved theBetter Denver BondProject that included just over $2 million for replacing the irrigation system and $990,000 for other improvements that will enhance pedestrian safety, and include renovation of Cheeseman Pavilion and Cheeseman Fountain. More at:

http://www.denvergov.org/parksandrec/PlanningandDevelopment/CheesmanParkMasterPlan/tabid/432887/Default.aspx

Also, Denver Parks and Recreation will upgrade the irrigation system of Congress Parkthis year. Work will start in May and is expected to be complete in November. Athletic fields will be closed for the duration of construction except for the spring soccer schedule. .Access to the Congress Park parking lot, outdoor pool, tennis courts and playground should remain throughout construction.   This project is also made possible through Better Denver, the City of Denver's $550 million voter-approved bond program.

The Cherry Creek North Neighborhood Association and the Cherry Creek North Business Improvement District will hold joint open houses on April 13th and 15th to accept comments from residents and other interested parties regarding the proposed redevelopment of Fillmore Plaza. The meetings will be held at the Daniels Fund building at 101 Monroe Street from 6:00 - 8:00 PM each evening. The meetings will include presentations from Denver City Planning on what makes a successful plaza, the Fillmore Plaza "hybrid" street plan, the current Fillmore Plaza plan, and the management of the plaza for events and other activities.

In January, the Cherry Creek North Business Improvement District Board of Directors (CCNBID) approved a resolution that authorized the District to explore possible alternative design concepts for Fillmore resulting in a hybrid plan that allows for both events and two-way vehicular access. In March, the CCNBID held two open houses to gather additional input, one for merchants and one for the general public.  

According to Council Member Robb, following the open houses, the BID will vote at an upcoming Board meeting whether they want to move forward in the bond improvements, financed by their property owners (not the public), with the original plaza design, a hybrid design, or further study. If a vote for a proposed hybrid street or a vote for a further study does come forward, City Council would need to vote on either an Inter-Governmental Agreement (IGA) negotiated between the BID and the city or a vacation of the city-owned plaza right-of-way. Council Member Robb believes that such a vote may occur next August at the absolute earliest. More at:

http://ccnneighbors.com/
 
http://www.ccnneighbors.com/FillmorePlazaHistory.doc 

The first major streetscape improvements in 20 years in Cherry Creek North have started on the east side of Steele Street, between 1st and 3rd Avenues and will work west through the Cherry Creek North Business Improvement District to University Boulevard. Improvements will include irrigation and water conservation, color-coded, street-level store directories, banners and stone monument signs, off-street parking signs, and new street and pedestrian lighting.  Major intersections and entrances in the district will little more landscaping than other cross streets and planters, benches and umbrellas will be used.
 
Once the CCNBID is finished with their streetscape improvements, the city of Denver will repave all of the streets in the area.  Parking closures will be limited to just one side of the street at any time, and only Monday through Friday.  Construction is anticipated to last 14 months.  Plans for the upgrades have been in the works since 2006 when the Cherry Creek North Business Improvement District (property owners, retail business owners, leaseholders and residents within the CCNBID border) voter approvedan $18.5 million bond issue to pay for the improvements.  The bonds will be repaid through property taxes at the existing mill levy. More at: 

http://www.ccncapimprovements.com/

http://www.cherrycreeknorth.com/about/Cherry-Creek-North-is-getting-a-makeover/

The City of Denver purchased the Church in the City site at 1530 Josephine Street for $6 million to be the future home of the Central Denver Recreation Center. Numerous centrally-located sites were considered for the central Denver recreation center, with the Church in the City eventually being identified as the most feasible. The purchase includes approximately 2.56 acres, which will eventually be developed into a recreation center and may also allow for additional retail possibilities.
 
Council Members Carla Madison and Jeanne Robb managed the process while Denver Parks and Recreation completed a
Recreation Center Needs Assessment, which identified Capitol Hill and Stapleton as two areas not served by a recreation center.  In 2007, both locations were included in the Better Denver Bond package that was passed by Denver voters.  Voters specifically approved $11 million in bond funding for land purchase, planning and design of a new recreation center in central Denver.  More funds will be necessary to build the facility.  The purchase price is approximately $54/SF of land.  More at:

http://www.denvergov.org/CouncilDistrict10/CentralDenverRecreationCenter/tabid/429764/Default.aspx
 
Within the new Denver Justice Centerat Colfax Avenue/Fox Street, the Van Cise-Simonet Detention Center is slated for opening sometime in April or /May. The facility will replace the Pre-Arraignment Detention Facility (City Jail) downtown as well as portions of the Denver County Jail on Smith Road. The new Detention Center will have a capacity of 1,500 beds and will handle the intake, booking and release of all inmates prior to sentencing. Construction of the new housing at the Denver County Jail on Smith Road is scheduled to begin this summer.
 
According to Council Member Robb, currently, Denver's City and County Building houses Criminal and Civil, County and District Courts, the Mayor's Office and the City Council Office. The courts have outgrown the building and six are currently housed across the street in the Adam's Mark Hotel. The Denver Justice Center will remove all criminal justice activity from the City and County Building.
 
 In the summer of 2010, all other County and District courtrooms handling criminal matters will be moved from the City and County Building to the Lindsey-Flanigan Courthouse within the new Justice Center with its newly finished 29 courtrooms, situated across Tooley Plaza from the Detention Center. An underground tunnel will allow inmates to be securely moved to and from the new Courthouse, eliminating the need to transport inmates by bus from the existing jails and limiting contact with the general public in the courthouse halls.  The portion of the complex featuring a Post Office and parking garage on 14th Avenue between Delaware and Elati Streets has already been finished.

http://www.denvergov.org/justice_center/HomePage/tabid/389767/Default.aspx
 
In late April or early May, the Colorado Department of Transportation (CDOT) will begin a surface treatment project on Colorado Boulevardbetween Alameda Avenue and Martin Luther King Jr. Boulevard.  The project will resurface approximately 3.5 miles of Colorado Boulevard in asphalt, reconstruct the medians and reconstruct the signals and turn lanes at the Colorado Boulevard/Colfax Avenue; Colorado Boulevard/17th Avenue and Colorado Boulevard/Montview Boulevard intersections. In addition, curb and gutter, bus pads and curb ramps will be repaired or reconstructed, as necessary. The project should be complete by the end of October 2010.  







  



 

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