Renderings for a Waldorf Astoria condo building were presented Tuesday morning to the Cherry Creek North Design Advisory Board.
Property Markets Group, a development firm that is also behind a 100-story Waldorf Astoria hotel and condo tower in Miami, and its architecture firm Shears Adkins Rockmore, showed design plans for the five-story Cherry Creek condo building at 185 Steele St.
“Cherry Creek for us has been a very specifically targeted neighborhood,” said Ryan Shear, PMG managing partner. “We love Denver, we’ve built in Denver before and the intent was really to bring in a high-end condo project into Denver. … When we come in, we want to do the easiest and best thing for the neighborhood.”
The building would have about 40 residential units across floors two through five, including seven penthouses on the top floor, six of which would have private rooftop terraces, according to the site designs. The smallest units would be about 670 square feet, and the largest penthouse about 5,000.
The roof would also have common terrace space for residents, a bar and a nearly 900-square-foot pool.
Plans show that the building’s ground level would have over 9,200 square feet of restaurant space, as well as about 2,200 square feet of residential lobby and concierge space.
An alley, which currently runs north to south through the site, would be replaced with one running east to west south of the building to allow for loading and access to car elevators for an underground parking garage.
A rendering of the building submitted to the Cherry Creek North Design Advisory Board. (Public records)
Andy Rockmore with Shears Adkins Rockmore told the board that the five-story building would be a bridge between the shorter buildings to the east and up to 12-story buildings to the west. PMG asked the city last year to rezone the property to allow up to eight stories, but withdrew its application months later before city officials discussed it.
The design board focused many of its questions on PMG and SAR Architects on the alley relocation and open space, which Cherry Creek zoning requires on 15 percent of the property. Several members of the board expressed concern that the design strays too far from neighboring structures and would not blend cohesively within Cherry Creek.
“We believe it fits with the district character,” Rockmore said in response. “Our intent is to achieve a higher level, to raise the bar.”
The board ultimately did not approve the designs and asked that the applicants address concerns regarding mass reduction and open space.
PMG, which has offices in New York and Miami, spent $29.1 million in multiple transactions between late 2021 and early 2023 to buy the 0.81-acre site where it intends to build in Cherry Creek, public records show. The site includes the former Piatti and Bombay Clay Oven restaurant buildings.
The price that PMG paid for the land and the proposed condo count essentially guarantees that each unit will list for multiple millions. Three-bedroom condos in the company’s Miami tower start at $3.3 million, according to that project’s website.
PMG also owns the block where TV station Denver7 operated for decades, and intends to build an apartment project there. The station recently moved to 2323 Delgany St. in RiNo.
Renderings for a Waldorf Astoria condo building were presented Tuesday morning to the Cherry Creek North Design Advisory Board.
Property Markets Group, a development firm that is also behind a 100-story Waldorf Astoria hotel and condo tower in Miami, and its architecture firm Shears Adkins Rockmore, showed design plans for the five-story Cherry Creek condo building at 185 Steele St.
“Cherry Creek for us has been a very specifically targeted neighborhood,” said Ryan Shear, PMG managing partner. “We love Denver, we’ve built in Denver before and the intent was really to bring in a high-end condo project into Denver. … When we come in, we want to do the easiest and best thing for the neighborhood.”
The building would have about 40 residential units across floors two through five, including seven penthouses on the top floor, six of which would have private rooftop terraces, according to the site designs. The smallest units would be about 670 square feet, and the largest penthouse about 5,000.
The roof would also have common terrace space for residents, a bar and a nearly 900-square-foot pool.
Plans show that the building’s ground level would have over 9,200 square feet of restaurant space, as well as about 2,200 square feet of residential lobby and concierge space.
An alley, which currently runs north to south through the site, would be replaced with one running east to west south of the building to allow for loading and access to car elevators for an underground parking garage.
A rendering of the building submitted to the Cherry Creek North Design Advisory Board. (Public records)
Andy Rockmore with Shears Adkins Rockmore told the board that the five-story building would be a bridge between the shorter buildings to the east and up to 12-story buildings to the west. PMG asked the city last year to rezone the property to allow up to eight stories, but withdrew its application months later before city officials discussed it.
The design board focused many of its questions on PMG and SAR Architects on the alley relocation and open space, which Cherry Creek zoning requires on 15 percent of the property. Several members of the board expressed concern that the design strays too far from neighboring structures and would not blend cohesively within Cherry Creek.
“We believe it fits with the district character,” Rockmore said in response. “Our intent is to achieve a higher level, to raise the bar.”
The board ultimately did not approve the designs and asked that the applicants address concerns regarding mass reduction and open space.
PMG, which has offices in New York and Miami, spent $29.1 million in multiple transactions between late 2021 and early 2023 to buy the 0.81-acre site where it intends to build in Cherry Creek, public records show. The site includes the former Piatti and Bombay Clay Oven restaurant buildings.
The price that PMG paid for the land and the proposed condo count essentially guarantees that each unit will list for multiple millions. Three-bedroom condos in the company’s Miami tower start at $3.3 million, according to that project’s website.
PMG also owns the block where TV station Denver7 operated for decades, and intends to build an apartment project there. The station recently moved to 2323 Delgany St. in RiNo.
