Despite some of the economic woes facing the rest of the nation,  Cherry Creek North remains above the fray. According to local officials this feat was accomplished due to a change in management, high occupancy rates in retail and office space, and the district’s proximity to Denver.

The Cherry Creek North Business Improvement District sold $9.25 million in general obligation bonds on Oct. 21, which allows this upscale shopping district to move forward with its wish list of capital improvement projects.

Julie Bender, president and CEO of the Cherry Creek North Business Improvement District, is credited with turning the group’s finances around. Last month, Standard & Poor’s Corp., issued A+ ratings to the bonds, and Fitch Ratings assigned an A-. All agreed the bonds’ outlook was stable.

Both rating agencies applauded the district’s new management for keeping its financial condition above the Fray.