MONACO + EVANS
The future home of a residential community in Southeast Denver being developed by Forum Real Estate Group.
Construction of the first phase starts late February 2022.
We are excited to be redeveloping the vacant Kmart site into a new residential community that will replace the existing 13-acre parking lot. The development also includes a new one-acre public open space, new 5-10 foot sidewalks with trees and landscaping along all street frontages, and two new public streets, all to enhance the pedestrian and biking experience and connect the residential community to the neighborhood. We appreciated all of the feedback we received from the public throughout the planning stages, which has helped us shape this project.
The Kmart building was demolished on August 31, 2021, to make way for the first phase of construction, starting late February 2022 and anticipated to continue through early 2024. Since purchasing the property in 2019, we have completed numerous permitting processes, including receiving a Large Development Framework (LDF), an Infrastructure Master Plan (IMP), and subdividing the site. We are in the final stages of the Site Development Plan (SDP) process as well as other permits related to civil engineering. 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 was a priority for us during our permitting phase from 2019-2021. We rented or donated space for short-term tenants and events, including a Woodfired Pizza food truck, the Plum 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. Phase II of the development is in the early planning stages and details will be shared as that scope progresses.
Q: Will there be any future activation?
A: Future community activation at the site will center around the new one-acre publicly-accessible community open space being constructed in the first phase, which will include a flexible area for community and pop-up retail uses, which could include food trucks, farmers markets, and events that foster community interaction.
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 boutique, 57-unit apartment community situated in the heart of Capital Hill, and a short walk from downtown Denver. We broke ground on The Logan in 2012 and sold the property in 2014.
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.
KENT PLACE RESIDENCES
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.
A 100-unit property across from the DU Ritchie Center we acquired in 2015, renovated then sold in early 2018.
PEARL PLACE (GOOGLE)
A 200k NRSF office complex, home to Google’s Boulder campus. Forum broke ground on that project in 2015 and sold the property to Google in fall 2017.
A 7,500 stall off-airport parking facility that broke ground in the fall of 2015 and was recently sold this past August.