Plans for a small Cherry Creek condominium building have been nixed, and half the development site has a new owner.
Frank Penn and Dave Bracht, two longtime friends, planned to build a four-story project across two parcels at 325 and 329 Detroit St., which combined are just over a quarter acre.
The pair got the site rezoned in September 2023, and refined their design earlier this year, adding some office and retail space, and saying groundbreaking could be a year away.