From the Arvada Economic Development Association:
Residents of northwest Arvada will be pleased to learn that a brand new King Soopers Marketplace will be opening at the northwest corner of Candelas Parkway and Indiana Street. The 123,000 sq. ft. grocery store, slated to open in March of 2018, will also house a nine-unit multiple product dispenser (MPD) fuel center. In addition to the King Soopers store and fuel center, the 22-acre development site will also provide 7,100 sq. ft. of attached inline retail as well as four outlot pad site opportunities for ground lease or purchase. The development is viewed as a much needed asset to the community as the area is currently underserved by retail, grocery, fuel and restaurant amenities. Retail lease opportunities at the site are being marketed by Crosbie Real Estate Group. Contact Rhonda Coy or Scott Steputis for more information at firstname.lastname@example.org or email@example.com.
Another construction site is active in Cherry Creek.
Englewood-based Stonebridge Cos. has brought down an office building at the corner of Milwaukee Street and 2nd Avenue in Cherry Creek to make way for a 201-room hotel. Heavy construction machinery now occupies the former 1960s building site.
Stonebridge’s latest plans, which the city hasn’t yet approved, call for a single eight-story building. The property would have about 3,300 square feet of retail space and about 156,500 square feet of hotel accommodations. Plans also show a rooftop pool with a covered patio area.
Architecture firm Gkkworks is designing the Stonebridge hotel.
The half-acre site previously housed the Rollnick Building, a 27,000-square-foot office building. Stonebridge bought the property for $8.1 million in 2014.
Stonebridge’s hotel will be at least the third hotel going up in Cherry Creek. BMC Investments and Sage Hospitality are building an upscale hotel called the Halcyon, as well as a limited service hotel dubbed Moxy between Columbine and Josephine streets.
Crosbie Real Estate Group is listing 4,000 SF of new retail space available at this location. For more information, click here.