Cherry Creek’s Sears Building Coming Down To Make Way For BMC JV Major Mixed-Use Redevelopment, Cherry lane

The long-vacant Sears building in Cherry Creek will soon be torn down to clear the way for Cherry Lane, a major mixed-use redevelopment in the popular Cherry Creek North area.

The old Sears, a familiar Cherry Creek landmark that has been empty since about 2015, will be demolished along with the Crate & Barrel building starting this month to make way for Cherry Lane’s initial phase, according to a press release. 

The project, defined by the area between Clayton Lane, First Avenue and Second Avenue, is led by a partnership of Denver-based BMC Investments, California-based Prism Places, and global investment giant Invesco Real Estate, which have secured financing from Bank OZK.

Invesco Ltd. (NYSE: IVZ)
Chase Bolding, CFA | Lead Portfolio Manager, INREIT
BMC Investments
Cartter Berg | SVP, Investments

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