Recently, a new high-rise project has broken ground in the Cherry Creek neighborhood. Back in December, we announced the 1st and Steele Apartments getting developed by Zocalo Community Development, the same developers of Cadence, 2020 Lawrence, and Solera. This is a 12-story, LEED-Gold building, that will provide the Cherry Creek neighborhood with 185 rental units. Here’s the rendering for a refresher.
Currently, site excavation has commenced for the underground parking structure. Here are a couple of pictures I snapped on the way home today. Across the street, in the first photo, is the Steele Creek Apartments project, also rising 12-stories.
The intersection of First Avenue and Steele Street is going through an incredible transformation. Around the 1st and Steele Apartments, there are two other major projects currently under construction: a 12-story apartment building, the Steele Creek Apartments, and an 8-story office building, 100 Saint Paul. That’s 149,000 square feet of new office space and 435 residential units getting added to this one intersection. That’s pretty incredible, especially for Cherry Creek! Completion for this project will be around the 3rd or 4th quarter of 2015.