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. Last week, however, Bracht sold his 6,250-square-foot parcel at 325 Detroit St., which he’d bought for $2.8 million in September 2022.

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BING NEWS:
  • Friends spike Cherry Creek condo plans, sell development site separately
    Plans for a small Cherry Creek condominium building have been nixed, and half the development site has a new owner.
    12/20/2024 - 11:00 pm | View Link
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