The plans are in for an office building slated to go up next to the Cherry Cricket restaurant in Cherry Creek.
The restaurant’s Denver-based parent company Breckenridge-Wynkoop LLC, along with local developer Alpine Investments, plan to construct a building that will top out at eight stories, according to a concept plan submitted to the city last week.
The structure would have about 97,000 square feet of office space starting on the second floor. The first floor would feature about 4,600 square feet of retail and restaurant space. There would be three levels of underground parking, with 98 spaces. Tryba Architects drew up the plans.
The building would fill the space between the Cherry Cricket, at 2641 E. 2nd Ave., and The Clayton Members Club & Hotel. Two small structures would be demolished. One houses a tailor and some other space, while the other is home to a cocktail bar.
Cherry Cricket has operated at the corner of 2nd and Clayton since 1950. The restaurant was purchased in 2000 by Breckenridge-Wynkoop, which has since added locations in Ballpark and Littleton.
In 2015, Breckenridge-Wynkoop sold the Cherry Creek site to Seattle-based Unico Properties for $13.8 million, according to public records. The deal included a provision that Unico couldn’t redevelop the north portion of the site until 2025 or 2026, Breckenridge-Wynkoop co-CEO Lee Driscoll told BusinessDen in June.
“We wanted to be involved in the development process ourselves,” Driscoll said. “There clearly would be some pretty considerable interruption in our business during the development period and we wanted to control the timing of that as much as possible.”
Driscoll said the company sold the property to help finance construction of its Breckenridge Brewery facility in Littleton. Breckenridge-Wynkoop then sold the Breckenridge brand to Anheuser-Busch InBev the next year.
Breckenridge-Wynkoop and Alpine bought the site back last year for $25.2 million, giving the companies full control of the development process.
Cherry Creek has been a bright spot for Denver’s office market. Multiple buildings are under construction.