Evergreen Devco, Inc., a leading retail and multifamily development company, has broken ground on a Sprouts Farmer’s Market-anchored shopping center on the northeast corner of 56th Avenue and Tower Road in Denver.
The development site, which Evergreen closed escrow on the 8.375-acre land purchase in December 2020, will feature one multi-tenant building and six accompanying retail pads. In addition, Evergreen will complete common area and off-site improvements.
“This site is primed for development with desirable tenants to meet today’s market need and future growth in the Green Valley Ranch area,” said Erika Shorter, vice president of Colorado Acquisitions for Evergreen. “This project will provide much needed retail, restaurant and service amenities for the neighborhood, given the site is within walking distance to the adjacent…