MONACO + EVANS
The future home of a residential community in Southeast Denver being developed by Forum Real Estate Group.
Construction begins late 2021 / early 2022.
We are excited to be redeveloping the vacant K-Mart site into a new community that will replace the existing 13 acre parking lot and include a new one acre public open space, two acres of new 5-10 foot sidewalks with tree lawns attached to new public streets, and public spaces connecting the residential community to the neighborhood. We appreciated all of the feedback we received from the public on this project, and while we were not able to incorporate all of the comments, the ones we were able to include have helped us shape this project.
Phase I of the project is under permit review for the Site Development Permit (SDP) and Subdivision on the project. An Infrastructure Master Plan (IMP) and a Large Development Framework (LDF) have been completed for the project. Both are available to the public via request from the City of Denver. The Kmart building was demolished on August 31, 2021, to make way for the first phase of construction, which is anticipated to start in late 2021 / early 2022 and will include two new public streets (E. Warren Avenue and E. Newport Street) and new landscaped sidewalks along all street frontages including S. Monaco Street Parkway and E. Evans Avenue. In addition, we will be constructing a new publicly accessible community open space along S. Monaco Parkway. Please continue to check back monthly for additional updates.
We value your feedback and encourage you to submit any comments using the form below.
Q: How is the site being activated?
A: Site activation has been a priority for us while we have been working through permitting on the project. Previous tenants include a Woodfired Pizza food truck, the Plumb Creek Garden Center, Covid Testing Center, Fluid Truck Rentals, Spartan Fitness Center, and the Denver Santa Claus Shop.
Q: What are Forum’s plans for the former K-Mart site?
A: We are planning a new residential community that will include three acres of new public amenities, including programmed open space, new streets, sidewalks and tree lawns. The site will be developed in two phases, with Phase I consisting of 287 market-rate apartments spread across six three-story buildings which will appear similar to townhomes and feature ground floor garages. The residential community will also have a private clubhouse for the tenants with a variety of amenities including a lounge, fitness center, and pool deck. Phase I will also include a one-acre publicly accessible community open space, two new public roads, and new sidewalks and tree lawns along all street frontages, improving the pedestrian landscape and promoting connectivity to the High Line Canal Trail and Goldsmith Gulch Trail.
Q: Will there be any future activation?
Q: Who is Forum Real Estate Group and what other projects have you done in the Denver area?
A: Forum Real Estate Group is a real estate investment and development company based in Denver, Colorado. We are a team of 55 passionate professionals with expertise in real estate acquisitions, development, management, sourcing, financing and operations. Take a look at our other projects along the Front Range below.
Other Forum Projects in Denver
A 362-unit apartment complex – home to Denver’s only Lazy River – and adjacent the Shoppes at Highpointe retail center. We broke ground on Veranda Highpointe in 2012 and sold the property in late 2015.
A 300-unit, luxury apartment community offering village-style living in Cherry Hills Village, one of the city’s most sought-after neighborhoods. We broke ground on Kent Place in 2013, and sold the property in the fall of 2015.