Cherry Lane Redevelopment
Cherry Lane will redevelop a large portion of the Cherry Creek North district’s west side of Clayton Lane between 1st and 2nd Avenues. The project replaces the former Sears Department Store and Crate & Barrel buildings with new mixed-use development while retaining and renovating key existing structures. A new 9-story residential high-rise will rise above the existing 2nd Avenue Parking Garage, connected via two levels of new below-grade parking. The Crate & Barrel site will be rebuilt with a 5-story residential building above the existing garage. Ground-floor retail and restaurant spaces will line a new open-air pedestrian paseo, enhancing public access and connectivity throughout the block. The project will maintain over 1.8 million sq. ft of built space, deliver 411 residential units, and provide 1,830 parking spaces, blending high-end housing, retail, and office uses into a walkable urban environment.
Project Information
Owner
Cherry Lane I Redevelopment Owner LLC
In Association With
BMC Investments
Invesco Real Estate
Prism Places
Architecture
Tryba Architects
Michael Hsu Office of Architecture
Landscape Architect
Russell Mills Landscape Architecture
Civil Engineer
Martin/Martin, Inc.
Survey Company
TBD
General Contractor
PCL Construction
Phase
Formal Site Development Plan
Application Status
Review in Progress
Application Status Date
08/07/2025
Estimated Start
08/06/2025
Estimated Finish
08/01/2027
Project Valuation
$250,000,000
Zoned:
C-CCN-8 (Cherry Creek North)
Size of Development Parcel (Acres):
9.41
Gross Floor Area (Sq. Ft)
1,865,821 sq. ft
Number of Existing Structures
5 (4 to remain)
Number of New Structures
4
Building Height (Stories)
4-9
Building Height (Feet)
127'-4"
Proposed Uses
Dwelling, Multi-Unit
Retail Sales, Service & Repair- All Others
Office, All Others
Eating & Drinking Establishment
Retail Space
Retail Sales, Food Sales & Market: 55,331 SF
Eating & Drinking Establishments: 41,484 SF
Arts, Recreation & Entertainment: 36,822 SF
Office: 238,699 SF
Dwellings
Dwelling Units: 379
Hotel Keys: 196
Vehicle Parking
Provided: 1,132 spaces
Standard: 892
Tandem: 16
Accessible: 53
EVSE Provided: 92
EV-Ready: 98
Bike Parking
361 total (205 enclosed, 156 fixed)
101 Clayton Street, Denver, CO 80206
