Denver’s increasingly popular Cherry Creek North neighborhood may see the construction of yet one more condo project.
A national development and investment firm is proposing to build a 5-story upscale structure at 185 N. Steele Street. That street is dotted with modern multi-story office buildings and apartment complexes.
As envisioned, the structure will measure around 172,000 square feet and will include nearly forty individual residential units, along with some 9,600 square feet of restaurant, bar, and retail space.
Project developer is the PMG company, which has offices in New York and Miami, and specializes in luxury mixed-use properties primarily in the South, but also in New York and Colorado.
Additional project amenities include underground parking for up to 70 vehicles, an amenity deck, and balconies for each residential unit.
Project designer is the Denver-based architecture firm of Shears Adkins Rockmore.
The Cherry Creek North neighborhood makes up one of the most affluent sections of the Mile High City, with average rents for a one-bedroom apartment now nearing the $3,000 mark.
Work on the 185 N. Steele Street project is expected to begin early next year, with a completion date of sometime in 2026.
By Garry Boulard
