Colorado Real Estate Journal - December 17, 2014

Shopping Center update

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Park Meadows welcomes two stores to Colorado

L.L.Bean, an outdoor apparel and equipment retailer most prominent on the East Coast, has opened its doors to Denver. Not only is this L.L.Bean’s first store in Colorado, it’s the farthest west the company has traveled to open a store.

“Our westernmost store is going to give folks in the Denver area and beyond, many of whom are only familiar with us through our catalog and website, the ability to touch, see and feel the true essence of our brand in person, just in time for the holidays,” said Ken Kacere, senior vice president and general manager of retail at L.L.Bean.

The 13,000-square-foot store featuring active and casual apparel, footwear and outdoor gear, including hiking, flyfishing, kayaking and camping products is located on the northeast side of the shopping center between the dining hall and Crate & Barrel.

Park Meadows also welcomed Forever Flawless to the state. Forever Flawless offers a premium skin care line that is designed to deliver spa-quality results in the comfort of one’s home. The 1,035-sf store is located on the upper level between Pottery Barn and Macy’s.

Park Meadows is located at 8401 Park Meadows Center Drive.

RMSCA acknowledges NewMark Merrill with awards

The Rocky Mountain Shopping Center Association recently acknowledged NewMark Merrill Mountain States with two Star Awards.

One award was given for New Construction/Redevelopment over 20,000 square feet.

NewMark Merrill redeveloped the Arvada Marketplace East shopping center and Conn’s, an electronic and appliance retailer, recently occupied a 42,000-sf space that had been vacant in the center since 2001.

The other award, for Shopping Center Community Involvement/Community Outreach, was presented to NewMark Merrill for its efforts in the 2013 Boulder County flood relief. Twin Peaks Mall, under the ownership of NewMark, partnered with the Federal Emergency Management Agency, the Red Cross and city of Longmont, allowing the mall to serve as the flood recovery headquarters for all of Boulder County.

Twin Peaks Mall was recently demolished and Village At The Peaks is now under construction and scheduled to open in fall 2015.

Village at the Peaks is located at 1250 S. Hover Road.

New tenants, development planned at The Promenade Two new tenants have opened stores at The Promenade Shops at Briargate.

Athleta, which offers women’s yoga clothing, swimwear, running and athletic clothing for fitness, golf and tennis, recently opened a 3,800-square-foot store. Pandora, which designs, manufactures and markets hand-finished and modern jewelry, also opened a 1,600-sf store.

In addition, The Promenade Shops at Briargate has plans to add over 11,000 sf of retail and over 5,000 sf of restaurant space in an area formerly occupied by Champps Americana restaurant and sports bar.

“Redeveloping this restaurant pad will position The Promenade Shops at Briargate as Colorado Springs’ premier shopping and dinning district,” said Deanna DeLarge, Promenade’s general manager. The anticipated completion is next summer.

The Promenade Shops at Briargate are located at 1885 Briargate Parkway.

Breitling opens first store in Colorado

Swiss watch manufacturer Breitling opened its first standalone store in Colorado, in partnership with Hyde Park Jewelers. The Breitling Store Denver, located in the Cherry Creek Shopping Center, is a 492-square-foot space featuring more than 200 Bretling timepieces, including the Breitling for Bentley collection and the Breitling Navitimer and Chronomat collections.

Thierry Prissert, Breitling’s USA president said, “It is the perfect location for our first store in this part of the United States, not only because Cherry Creek is the place to go for a premium shopping experience in Denver, but also because people who live here have a true sense of adventure, just as Breitling does.” Although this is Breitling’s first stand-alone store in Denver, it has been available in jewelry stores in Vail, Aspen, Breckenridge, Denver’s Capitol Hill area and Centennial.