Last year, the Cherry Creek North Business Improvement District completed its sale of $18.5 million in district bonds for the neighborhood’s first big makeover in two decades. Workers for contractor Weitz & Co. began the first phase of the project this spring. Notable changes include attractive new signs, upgraded pedestrian lighting and improved intersections. The project plans to add high-tech, pay-by-phone parking meters. And the city will repave the streets.
“It’s a very impressive project and well overdue.” Wayne New, Cherry Creek North Neighborhood Association president.
The major developments in Cherry Creek are 150 S. Madison, greenHOUSE, the Marquis Estate of Cherry Creek and NorthCreek. Consisting of 29 condos, 150 S. Madison is a residential project developed by Madison Bayaud Partnership LLC. The first phase of Zeppelin Development’s greenHOUSE condo project includes 58 units of about 65,000 total square feet. Still in the design stage, phase two includes 160 units, a café, exercise room and pool, early childhood center, patio and walkways.
The Marquis Estate of Cherry Creek, built by Site 7 in 2006 at 278 St. Paul Street, is currently listed at $4,695,000. The residence first went on the market in January for more than $7 million. Along with its stylish and sophisticated contemporary architecture, the home features four bedrooms, five bathrooms, a formal dining room, hot tub, media room, master suite, pool and attached garage.
NorthCreek, built by Western Development Group LLC, is a mixed-use, block-sized project bounded by Detroit Street, Fillmore Plaza, Second Avenue and First Avenue. Its commercial square footage and 49 residential units total 40,000 square feet. The third phase was completed in the fall of 2009 as reported by ColoradoBiz.
