Work could begin late next year on a massive project in Littleton, Colorado, that will see the building of both residential and commercial structures.
The project, to go up on a currently vacant 33-acre site in the 7700 blocks of Santa Fe Drive, belongs to Evergreen Dev Co, which has offices in Denver and has spearheaded large projects in both the Centennial State as well as Arizona.
The planned RiverPark project is expected to cost as much as $200 million to fully develop.
In an interview with the Denver Business Journal, Evergreen managing principal Tyler Carlson said the project has been reduced by about 10% from its original vision of 270 individual residential units, three retail spaces, and five restaurants.
The project has now secured the unanimous approval of the Littleton Planning Commission.
Involved in a multitude of projects, Evergreen began the process late last year of demolishing a former Sears department store at the Chapel Hills Mall in Colorado Springs and replacing it with a 300-unit housing complex to be called Overlook Briargate.
Evergreen purchased that property for $5.7 million with plans to build a mix of one, two, and three-bedroom units, as well as a fitness center and clubhouse.
If all goes according to plans, work on the RiverPark project could be completed sometime in 2025.
By Garry Boulard
