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Former Denver-Area Mall Property Ripe for Repositioning
DPC Companies and Ogilvie Partners are moving forward with plans to reshape the one-time Cinderella City Mall in Englewood. The two companies bought the property, which today is called Englewood CityCenter, earlier this year for $5.2 million.
The Denver Business Journal reports the vision includes transforming the approximately 220,000 square feet of mixed-use property into a place where people can live, work and shop. The goal is to add multifamily apartments and a hotel to the current property.
Cinderella City Mall was once the largest indoor shopping mall west of the Mississippi. The area has undergone many changes since Cinderella City Mall debuted in 1968. In 2017, it was ultimately foreclosed upon. DPC and Ogilvie purchased the property from Starwood Property Trust.
DPC and Ogilvie are currently working with the city of Englewood to craft a master redevelopment plan.
The center is currently 39% leased. Tenants include Harbor Freight, Petco, Jersey Mike’s Subs, Ross, Tokyo Joe’s and Einstein Bros.
- ◦Development
