Western Development Group is to begin the construction of a 70 unit, Cherry Creek luxury condo development at 250 Columbine in Cherry Creek North in late August of this year. The project includes an 80K sq. ft. office tower and is estimated to cost $100 million. The project is projected to be completed in 2015. The condo community is the Metro’s largest planned community.
PCL Construction has been hired by Western Development Group to build the development which will run Columbine, north to Third Avenue.
The project includes the condominium units, office tower, retail and parking. The development will be designed by Oz Architecture.
The condo development will have seven stories at its highest peak, and drop down to three stories to preserve sunlight.
While this will be Cherry Creek North’s second mixed-use development, this luxury condo development will be much more expensive than the already existing. The units are projected to range from 700 sq. ft. to 1300 sq. ft. and run about $500 per sq. ft.