City Center Englewood, which will be positioned on the razed mall's 55 acres, is being developed by Miller Weingarten Realty, a Denver-based company comprised of Weingarten Realty Investors of Houston and Miller Development of Denver. The joint venture has sealed a ground lease, retaining ownership in 200,000 sf of the completed retail project, located in Englewood, a Denver suburb.
"I think Miller Weingarten will do a great job," Tom Mathews, a retail broker with CB Richard Ellis told GlobeSt.com. "They've got a great location, especially now that they've got a stop on the recent light rail line." The light rail line, which opened in July, connects downtown Denver to the southwest suburban corridor. More than 65,000 vehicles pass the project daily.
Cinderella City, built in 1968, once was the largest regional shopping mall west of the Mississippi River, attracting shoppers from in and out of state. But, like hundreds around the country, Cinderella City began a slow death as a result of changing demographics and competition from newer centers built closer to residential and commercial hubs.
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