By Rich Laden | [email protected]
Evergreen Devco, a real estate development company with offices in Denver, Phoenix, Salt Lake City, and Los Angeles, is tearing down the former Sears department store at the Chapel Hills Mall, northeast of Academy and Briargate boulevards in northern Colorado Springs.
Evergreen Devco, which has several commercial projects in various stages in the Pikes Peak region, plans to build a 300-unit apartment project on the Sears property, to be called Overlook Briargate.
The company announced its plans in 2020 and finalized its purchase of the Sears property in May. A few months later, it began an interior demolition of the former Sears store. Now, it’s in the midst of razing the building itself, which was constructed 40 years ago.