On November 19, national developer PMG celebrated the groundbreaking of Waldorf Astoria Residences Denver Cherry Creek, a boutique condominium marking the Colorado debut of the storied Waldorf Astoria brand. Located at 185 North Steele Street, the 37-residence property is positioned to become a prominent new landmark in Cherry Creek North.
Waldorf Astoria Residences Denver Cherry Creek’s concept design is led by Denver-based Shears Adkins Rockmore (SAR+) in collaboration with Carlos Ott. Award-winning interior design firm BAMO will further incorporate elegant and streamlined design throughout the residences, featuring dramatic accents and raw, yet refined materials inspired by the snow-capped Rockies. Hyder Construction is the general contractor for the project.
The development received $107.5 million in construction financing in August 2025 from Maxim Capital Group. Dawn Raymond of Kentwood Real Estate is leading sales for this project, with limited inventory remaining. Completion of Waldorf Astoria Residences Denver Cherry Creek is slated for Q1 2028.
“Cherry Creek North’s blend of natural beauty, a thriving business sector, and close proximity to the Denver metro makes it one of the most desirable neighborhoods in the West,” said Ryan Shear, managing partner at PMG. “We’re proud to expand our collaboration with the Waldorf Astoria brand to deliver this outstanding project to the Greater Denver Area. Given its warm reception and strong sales, we could not be more excited to officially break ground on Waldorf Astoria Residences Denver Cherry Creek and take the next step toward leaving a lasting, positive mark on Colorado’s luxury residential landscape.”
Floor plans for the residences will reach up to 3,879 square feet and boast stunning mountain and downtown views. Luxurious finishes and appliances will extend comfort and convenience through their balance of unique character and refined, elegant aesthetics. These include custom gourmet Boffi kitchens, custom-built-out closets, and flooring selections curated by BAMO. Additionally, there are Italian bathroom vanities with stone tops and Waterworks fixtures, fully integrated Sub-Zero and Wolf kitchen appliance packages, contemporary lighting packages, and smart home capabilities. Featured residences will include semi-private elevators and private balconies.
As an iconic brand synonymous with timeless luxury rooted in top-tier service, Waldorf Astoria will deliver a personalized living experience like no other to Cherry Creek. This includes a legendary Peacock Alley-inspired lounge and a signature restaurant on the ground level, a rooftop pool with bar and lounge areas, and a wellness center complete with massage, sauna, and steam rooms. Additional amenities include a state-of-the-art fitness and movement studio, a sophisticated lobby with an impressive porte-cochere drop-off experience, and dedicated electric vehicle charging stations. Waldorf Astoria Residences Denver Cherry Creek’s amenities will be professionally managed by Hilton Management Services, ensuring the exceptional hallmark service synonymous with the Waldorf Astoria brand.
With more than 34 years of experience and a nationwide presence in luxury residential development, PMG has delivered more than $12B in assets with impeccable attention to execution and detail. Notable branded residential projects by PMG with Hilton include Waldorf Astoria Residences Miami, which will rise as the tallest building south of Manhattan and Miami’s first supertall, as well as Waldorf Astoria Residences St. Petersburg on Florida’s west coast.
The sales gallery for Waldorf Astoria Residences Denver Cherry Creek is located at 215 St. Paul Street, Suite 130, Denver, CO 80206, with tours available by appointment. For more information, please call 719-427-5750 or visit www.waresidencescherrycreek.com
