The Streets at SouthGlenn has started to look more like an upscale, suburban city under development than a three-decade old shopping center under …
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The Streets at SouthGlenn has started to look more like an
upscale, suburban city under development than a three-decade old
shopping center under demolition.
Sparkling new stores have opened in recent months at the
redevelopment — Best Buy, Macy’s, Staples and Dick’s Sporting
Goods, to be specific.
The Streets at SouthGlenn, a $310 million, 140,000-square-foot
“lifestyle center,” is slated to open next summer.
In fact, pockets of retail are expected to open even as
construction crews continue building residential and office
Meeting next summer’s deadline is the primary goal of Alberta
Development Partners LLC — especially after a declining housing
market last year pushed the completion date back one year, said
David Goldberg, principal at Greenwood Village-based Alberta
The real estate market, which was stable when The Streets at
SouthGlenn was first drawn up, cooled considerably, forcing
developers to re-engineer their plans.
Instead of 300 to 400 for-sale condominiums, The Streets at
SouthGlenn will offer 200 upscale for-rent properties.
The change also added 200,000 square feet of office space that
occupies the space originally planned for residential use.
“I think in light of today's mortgage crisis, it seems very
pertinent to have done that," said Don Provost, founding principal
of Alberta in a statement.
In spite of the setback, the redevelopment is still on
“Fortunately, given the state of the market, we are pretty much
right where we thought we’d be,” Goldberg said. “But there isn’t
one specific (construction) priority. We’re working on a lot of
different pieces right now because the goal is to open as much as
we can at once.”
Some of those pieces include Whole Foods, Barnes and Nobles, as
well as the 140,000-square-foot office building and 200 high-end
Alberta characterized the planned Whole Foods as the retailer's
"Denver flagship location with more than 58,000 square feet."
The Barnes & Noble's store will be more than 37,000 square
feet, including an expanded children's books section. It also will
become the bookseller's flagship Denver outlet, Alberta said
Wellsfargo and the Bank of the West opened their doors Oct. 20,
and Alberta is planning to announce the remaining tenants by
"The Streets at SouthGlenn continues to attract the leading
national and local retailers and restaurants, which will allow us
to create a destination," Alberta Development's Don Provost said in
The Streets at SouthGlenn also will feature sidewalk cafés,
gourmet bistros and women's and men's apparel retailers. The new
retail center also will be home to the Commons, a
For more information visit, www.shopsouthglenn.com.
At a glance
Streets at SouthGlenn about 50 percent complete
Whole Foods and Barnes and Nobles spring up on site
Developers say project is on track to open next summer
1974: $40 million Southglenn Mall opens with anchor stores
Sears, The Denver (Denver Dry Goods) and May D&F. Developed by
Denver-based Jordan Perlmutter & Co., the same company built
Northglenn Mall and Southwest Plaza.
1988: The mall's first renovation takes place
1996: Southglenn sales slump following the debut of Park Meadows
Mall, a Douglas County center with anchors Dillard's, Foley's,
Nordstrom, and Joslins.
2005: Alberta Development Partners and the City of Centennial
announce plan to redevelop the mall into Streets at Southglenn.
June 15, 2006: groundbreaking for redevelopment at 11 AM local
July 17, 2008: Best Buy opens
Power Center complete - including Staples, Best Buy, Macys and
Dicks Sporting Goods
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