The restaurant’s parent company sold the real estate in 2015, only to buy it back last year.
This is the second recent unanimous rezoning approval in the neighborhood.
The project is moving forward. But it’ll be limited to five stories.
The developers expect to break ground in the first quarter of next year.
Weeks after selling one of his four corners along Colorado Boulevard, Doug McKinnon has expanded the size of another.
The founder of the popular coffee shop is feuding with the investors and operator that now control it.
The three-building complex east of the mall has 587 units and last sold nearly two decades ago.
“Everything we’ve done for the past eight years has been online,” said the CEO. “Cherry Creek seemed like the most obvious best place we could test it.”
The collection of properties along Colorado Boulevard were rezoned in 2020.
“This is really being driven by the continued office demand we’re seeing in Cherry Creek,” BREG CEO Doug Wells said.