“A lot of people are moving to Westminster, and I think we’re going to see a lot more of that as housing becomes more expensive in Denver and pushes people out to the suburbs,” Padro said.
The restaurateur and developer who now control 80 percent plan to add more locations and even expand out of state. But first? More food items.
Many developments that were expected to start construction didn’t because of the economic uncertainty prompted by the pandemic.
The 3,500-square-foot building, which sits on a 5,500-square-foot lot on Detroit Street, is fully leased to women’s boutique Margaret O’Leary and furniture store Coda Studio.
“They’ve done nothing to deserve this suffering, which is just not right, so we’re going to step up and do something about it,” said Matt Joblon, CEO of BMC Investments.
St. Paul St. “will become the most heavily trafficked pedestrian area in Cherry Creek,” the CEO of BMC Investments predicted.
“Up-and-coming artists, musicians and chefs steer clear of Cherry Creek right now — and we are aiming to change that,” said developer Matt Joblon.
“I think we’re going pretty deep into a recession and I think it’s going to be drawn out, unfortunately,” BMC Investments CEO Matt Joblon said.
The developer bought the site for a combined $6.8 million last summer.
But don’t expect the high-end gym brand to open anytime soon.
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