August 23, 2024
Cherry Creek's Landscape Set to Transform: Major Rezoning Milestone Achieved
The Cherry Creek West project, a proposed redevelopment of nearly 13 acres at East 1st Avenue and University Boulevard, just cleared a crucial step. Here's what's planned:
Rezoning approved for up to 13-story buildings
Mixed-use plan: 4 residential buildings, 3 office buildings, restaurants, and services
2,000 spaces of underground parking
4 acres of open space
Widened walking and biking paths along the creek
12% affordable housing for those making 60% of area median income
The project aims to transform what's currently Elway's steakhouse, a running store, and a large parking lot. Phase 1, ending in 2029, will develop the east side near Cherry Creek Shopping Center.
Demolition and utility work are expected to begin in 2026. This project could significantly impact our local real estate market.
What are your thoughts on Cherry Creek West? How might it shape Denver's future?