PHOENIX, ARIZ. – Evergreen Devco, Inc., a leading retail and multifamily development company with headquarters in Denver and Phoenix, announced today that it has begun construction on The Shops at Beeler Park, located at the northwest corner of 56th Avenue and Central Park Boulevard in Denver’s neighborhood of Stapleton.
Situated on 6.84 acres adjacent to Dick’s Sporting Goods Park, home of the Colorado Rapids of Major League Soccer, The Shops at Beeler Park is a joint-venture project with City Street Investors that will feature a neighborhood shopping center with two multi-tenant buildings and five single-tenant buildings. Together, Evergreen and City Street Investors plan to bring a unique mix of sought-after concept restaurants and retail shops totaling 16,500 square-feet.
This is the fourth joint-venture project with City Street Investors, the owners and operators of downtown Denver’s Larimer Square and Union Station. The project team also includes Farnsworth Group as architect and Waner Construction Company, Inc., as contractor.
Evergreen has already sold two pads to Hello Car Wash and Stapleton Endodontics, and plans to sell or lease the balance of the project to other neighborhood service and restaurant pad users. Allen Lampert and Steve Markey of David, Hicks & Lambert Brokerage, LLC, and Pat McHenry of City Street Investors are handling leasing for the property.
Completion of the project is estimated to be late November 2019.
About Evergreen Devco, Inc.
Founded in 1974, Evergreen specializes in retail and multifamily development, tenant roll outs, project and construction management, property management, asset management, sustainable building and solving financing issues for various retailers and franchises. Working throughout the nation, Evergreen has earned a reputation as an industry leader by delivering high-quality real estate developments and services reliably, efficiently and cost effectively. The company has over 50 employees with offices in Arizona, California, Colorado and Utah. Evergreen is currently engaged in the development of more than 60 retail and apartment projects and has completed more than 500 projects. www.evgre.com.