Large Cherry Creek North land parcel sells for $7.6 million; buyer plans new homes

DENVER BUSINESS JOURNAL - A three-quarter-acre vacant site in Denver’s Cherry Creek North that’s zoned for residential development has been sold for $7.6 million.

The buyer plans to build luxury homes at the site, says Douglas Lierle, spokesman for broker Rollie Jordan with Kentwood Real Estate in Cherry Creek, who had the listing.

The 31,250-square-foot parcel, consisting of five lots, is a grassy field at 346 Milwaukee St. It is flanked on the north and east by homes and on the south by an office-retail complex.

The site is zoned for up to 10 housing units, including condos, flats or townhomes.

Read more at the Denver Business Journal: http://bizj.us/1o8yl4

(© 2016 American City Business Journals. All rights reserved.)


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