#United States #Denver #Cherry Creek #The Broe Group #250 Clayton

The Broe Group Unveils Next Phase of Cherry Creek North Development

The Broe Group, a multi-billion-dollar investment company based in Colorado, has officially launched phase two of its ambitious $200 million redevelopment at Cherry Creek North. Following the successful leasing of the first phase, known as 200 Clayton, the company now introduces an exciting new project: 250 Clayton, which promises to transform Denver’s premier urban market by offering the largest office floorplates available.

Founded in 1972 by the industrialist Pat Broe, The Broe Group has established a significant presence in both local and national markets. With the upcoming launch of 250 Clayton, the company's total investment in Cherry Creek is set to exceed a staggering $1.5 billion. This development reflects the firm’s dedication to enhancing the Cherry Creek area, where the Broe family has deep roots.

Project Overview

The latest development, 250 Clayton, will consist of eight stories and a total area of 175,000 square feet, including 10,000 square feet of premium ground-level retail space. The structure is slated for completion by the second quarter of 2028, and will feature modern amenities designed to elevate the tenant experience and contribute positively to the community's aesthetics.

Douglas Wells, the CEO of Broe Real Estate Group, shared insights into the project, stating, "We continue to invest in our home market and see strong sustained demand for what has become Denver's top urban market. 250 Clayton will deliver an unrivaled tenant experience that will redefine Cherry Creek office space." He emphasized the firm’s confidence in the ongoing demand for high-quality office spaces and their commitment to creating environments that meet the needs of modern businesses.

Community Commitment

Brianna Broe, a member of the Broe Family Board, stated the family’s long-standing connection to Cherry Creek, highlighting their responsibility to contribute positively to the community. "For five decades and three generations, The Broe Group and the Broe family have called Cherry Creek home. We truly believe Cherry Creek is a special place, and we feel a shared responsibility to our community. We have taken great care to create a high-quality project that adds to Cherry Creek's well-earned reputation and inspires what's to come."

Innovative Design and Amenities

The 250 Clayton project will boast innovative features that include floor-to-ceiling windows capturing the dynamic energy of Cherry Creek, as well as outdoor spaces and a range of amenities conducive to a collaborative work environment. The design incorporates sustainability practices, exceeding local codes to ensure a minimal environmental footprint. Spacious floorplates ranging from 25,000 to 30,000 square feet are designed to accommodate a variety of tenants seeking modern office solutions in a vibrant setting.

Relocation and Construction Timeline

In preparation for the site demolition, The Broe Group is making arrangements to temporarily relocate existing tenants, including OmniTRAX and Broe Real Estate, from nearby locations to facilitate construction. This organized approach aims to minimize disruption while ensuring that the new development can commence on schedule, with demolition anticipated to begin in January 2028.

Conclusion

With its substantial investments and commitment to quality and community, The Broe Group continues to play a pivotal role in shaping the future of Cherry Creek North. The introduction of 250 Clayton marks a significant milestone in the area’s evolution as a bustling urban hub, promising to offer top-tier office and retail spaces that enhance the livability and appeal of Cherry Creek for years to come. For more information about the developments and The Broe Group’s extensive portfolio, visit broe.com.