Monday, November 7, 2011

Cherry Creek North buildings set to fall - Denver Business Journal:

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Many new buildings will be mixed-use, with retail or offics space on lower levelsw and housing units onupper "Buildings have a life, and these buildingxs are an example of said Julie Bender, president and CEO of the Cherry Creej North Business Improvement District "These buildings have had a great life, but they no longetr fit the current market." The demolition coincide with new design guidelines now beiny drafted for the retail district. The district's eight-memberd Design Advisory Board has just begun working on the new which will strive to keep theretaiol area's appearance up to date as well as allowq for more architectural creativitt and sophistication.
The board has set no completion date yet for thenew "The current design guidelines were put togethefr at the same time as the Cherrh Creek North Business Improvement which was 20 years said Denver architect Jonatha Saiber of Saiber Saiber whose office is located in the "The guidelines are outdated. They were created in a reactionary mode to the redevelopment of the Cherrt CreekShopping Center." Saiber, who sits on the Designj Advisory Board, added that such restrictive guidelineas no longer make sense becausr of the collaborative relationship cultivated by the mall and the retailk district. "They support each other," he said.
The architect even helped initiatethe live-work direction new Cherry Creek North buildings are taking. Saiber leveled two houses on EastThird Avenue, and last year completed a new buildingg on the site that includes his home and Cherry Creek North includes 320 stores, restaurants, galleries and otherd types of businesses in a 16-block area of Denver. The district occupiesw segmentsof First, Second and Thirrd avenues between Steele Street and University Some Denverites don't like recent changee at the district, including the closingy of favorite businesses such as The Sporting Woma n and the moving of otherxs like the .
But the CCNBID believes the change is good forthe area'xs viability, and plans to maintain a mix of old and new "A place like the Cherryy Cricket restaurant we never want to change," said Christinaq Brickley, marketing director for the CCNBID. "Thes eclectic nature of the district will still be strongt even with the renovationsgoing on." The followingv district buildings are scheduled for demolition, according to the The Broe Group of Denved plans to raze its empty buildingb at 220 Clayton St., possibly sometime this The building used to house Best-Way Printing. The building at 2625 E. Thirdf Ave.
, still occupied by the LaxWorld lacrossrgear store, is tentatively slated to be torn down in New owner Redwood Real Estated Partners of Denver plans to buildx a new structure with street-level retail space and residential or office spacr above, according to the CCNBID. Redwood anticipatesd starting constructionthis fall. The new owner of the empt y building at2355 E. Third Ave. -- of Beverlyu Hills, Calif. -- plans to builcd one of its upscals Houston's restaurants on the site soon. Amore Ristorante used to occuptthe building. Local Gnat Original Designj jewelry store, through RCIL LLC, boughtt the building at 2721 E. Third Ave., and plans to move from 2625 E. Thirde Ave.
The property's former owner, Terry recently retired after closing hisBolderdash men's clothing store there and selling the structure. The buildingb at 3031 E. Second Ave., owne by JKN LLC, may be One tenant -- the Denver-based chain of coffee shopws -- was told the building might betorn down, but the storse just renewed its lease and doesn'tg know the building's status, according to a manager. Attemptx to contact Peaberry executives this weekwere unsuccessful. Otherr older buildings that may be razee or renovated includethe U.S. Post Office at 245 Columbine St. and two structures owned by Denver-base d -- 235 Fillmore St. and 299 Columbine St.
Christian son of Denver business mogul Phil headsWestern Development. Cherry Creek North has evolveds throughthe years, addinvg new businesses and losing others, but the area started a major upgrade with the opening of its $150 milliohn Clayton Lane area in 2004. Clayton Lane includes a high-endx JW Marriott hotel, stores such as Crat & Barrel and Orvis, restaurantsw and condos. Other large redevelopmenf projects under way in the district includewWestern Development's $100 million NorthCreek retaipl and residential property on First Avenue. NorthCreekl broke ground in 2005 and is slatex to be finishedthis year.
Denver banker Don Sturm's Sturm Realtg Group LLC is redoingthe nearby, former Tatteredr Cover Book Store building at a cost of $10 The property will house the Pura Vida Club and Spa, and as-yet-unannounced tenants.

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