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Viral Trending content > Blog > Business > Townhomes in, offices out as developer alters plans for 10-acre DTC site
Business

Townhomes in, offices out as developer alters plans for 10-acre DTC site

By Viral Trending Content 3 Min Read
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A local firm that has planned for years to redevelop a large site at the Interstate 25/Orchard Road interchange in Greenwood Village has altered its vision.

Alberta Development Partners, which is based in the southern suburb, planned back in 2022 to bring a grocery store to 8081 E. Orchard Road, and to repurpose parts of the site’s existing structure as office space.

Two years later, Alberta still plans to build the grocery. But the company has jettisoned the planned office space.

Instead, Alberta wants to build 54 brownstone townhomes, which would be four stories, average 3,200 square feet and incorporate two-car garages, according to materials submitted to Alberta’s architecture firm, The Mulhern Group. They would be split among 13 buildings.

“The brownstone architecture is clearly best in class. I’ll put it up with anything built in Cherry Creek or Lone Tree or anywhere else,” Alberta founding partner Don Provost told members of the city’s Planning and Zoning Commission last week.

The residential portion of the project would be built on the north end of the 10.2-acre site at the northwest corner of the Interstate 25/Orchard Road interchange and be accessible primarily from Greenwood Plaza Boulevard.

The southern portion accessed from Orchard Road would house a 35,000-square-foot grocery store, as well as two other standalone retail buildings between 3,500 and 5,000 square feet.

Provost declined to talk to BusinessDen about the project, but said at the meeting last week that the building would be used by a “specialty grocer.” Marketing materials prepared for the previous version of the project included renderings showing Whole Foods as the tenant. The grocer did not respond to a request for comment Wednesday.

Alberta purchased the site in February 2017 for $14.81 million, according to public records. The sprawling 249,000-square-foot building on it, which is surrounded by a two-level parking deck, was built in 1985 as the Beau Monde mall, and then was used by a religious ministry after a 1995 remodeling.

Alberta now plans to demolish the existing structure.

Greenwood Village’s planning commission recommended approval of the company’s site-development plan last week in a 6-1 vote after an hour-long discussion that focused on traffic impacts and vehicular access to the property. The Greenwood Village City Council will discuss the measure on Monday.

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Originally Published: September 13, 2024 at 6:00 a.m.

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