Denver — Evergreen Devco, Inc., a leading retail and multifamily development company, had broken ground on a grocery-anchored shopping center on the northeast corner of 56th Avenue and Tower Road in Denver. The development site will feature a Sprouts Farmer’s Market-anchored shopping center with one multi-tenant building and six accompanying retail pads. In addition, Evergreen will complete common area and off-site improvements.
“This project will provide much needed retail, restaurant and service amenities for the neighborhood, given the site is within walking distance to the adjacent subdivisions and apartment community as well as its close proximity to the airport and the new Gaylord Rockies Hotel and Convention Center,” says Erika Shorter, vice president of Colorado acquisitions for Evergreen.
The Sprouts Farmers Market, an Arizona-based chain specializing in organic and natural foods, will occupy 23,300 square feet. Sprouts construction is expected to begin in March with Kansas City-based BRR Architecture providing the grocery design.
“A cohesive aesthetic has been designed for the shopping center with key elements derived from Sprouts, including wood paneling, metal columns and decorative lighting,” says Tyler Carlson, managing principal of Evergreen. “This shopping center will blend a great looking exterior design with pedestrian-friendly plazas and attractive landscaping to create a pleasant locale for customers, the community and retailers.”
The multi-tenant shops building, totaling 8,224 square feet, will be adjacent to Sprouts. Denver-based G3 Architecture, Inc., is designing the shops and construction is expected to begin in April.
Development of Sprouts, adjacent shops and common area improvements are expected to be completed by October 2021. The general contractor for the site construction is Denver-based Catamount Constructors.
Founded in 1974, Evergreen Devco, Inc. specializes in retail, industrial, multifamily and mixed-use development, tenant rollouts, project and construction management, property management, asset management, sustainable building and solving financing issues for various retailers and franchises. The company has offices in Arizona, California, Colorado and Utah. For more information, visit www.evgre.com.
SOURCE: Evergreen Devco, Inc.