Kentro plans redevelopment of King Soopers site in Denver’s Belcaro neighborhood as grocer relocates

As King Soopers prepares to relocate one of its stores along Colorado Boulevard, a developer is plotting the future of the site the grocer will vacate.

Denver-based Kentro Group submitted redevelopment plans to the city this week for 825 S. Colorado Blvd., a 6.4-acre site in the Belcaro neighborhood that features a strip mall anchored by the grocer and two stand-alone buildings.

King Soopers, a division of Cincinnati-based Kroger, told BusinessDen in October that the company plans to open a new store a mile south at 4201 E. Arkansas Ave., formerly home to the headquarters of the Colorado Department of Transportation.

As part of that, the grocer plans to close the store at 825 S. Colorado Blvd., which opened more than 50 years ago.

Kentro submitted plans that call for a couple large three-story buildings with as many as 300 residential units, in addition to a retail component on the southern end of the lot. But a Kentro spokeswoman said this week that the specifics could change.

“Kentro Group filed the Belcaro plans as part of the standard due diligence process to secure more information about the city’s requirements,” Robin Rothman said in an email. “The final development may or may not resemble this submittal.”

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TheDailyCheck is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected] The content will be deleted within 24 hours.