The Broe Group, a Colorado-based investment firm with a multibillion-dollar portfolio, has launched phase two of its $200 million Cherry Creek North redevelopment. Following the successful full lease-up of 200 Clayton, the first phase of the project, the company is now introducing Cherry Creek North’s largest office floorplates with the new 250 Clayton development. Founded in 1972 by industrialist Pat Broe, The Broe Group continues to make significant local investments that anchor its national portfolio. Once complete, the firm’s Cherry Creek holdings will surpass $1.5 billion in value.
“We continue to invest in our home market and see strong sustained demand for what has become Denver’s top urban market,” said Broe Real Estate Group CEO Douglas Wells. “250 Clayton will deliver an unrivaled tenant experience that will redefine Cherry Creek office space.”
250 Clayton will be the new headquarters for The Broe Group, Broe Real Estate Group, and OmniTRAX. The collective commitment from The Broe Group’s core portfolio companies comprises 24% of the new development.
“For five decades and three generations, The Broe Group and the Broe family have called Cherry Creek home,” said Broe Family Board Member Brianna Broe. “We truly believe Cherry Creek is a special place, and we feel a shared responsibility to our community. We have taken great care to create a high-quality project that adds to Cherry Creek’s well-earned reputation and inspires what’s to come.”
250 Clayton will be an eight-floor, 175,000-square-foot Class A development that includes 10,000 square feet of high-end ground floor retail within Denver’s most dynamic office and retail submarket. The Beck design-build project features 25,000 to 30,000 SF floorplates, a dedicated drive-through visitor entry, and floor-to-ceiling windows to capture Cherry Creek’s vibrant energy. A highly amenitized package tenant features, outdoor spaces, building lounge, and multiple rooftop features will be constructed with market-leading sustainability and energy principles that all exceed City of Denver code.
The Broe Group’s Legacy Portfolio includes award-winning developments like 200 Clayton, Country Club Towers, and The Seasons of Cherry Creek.
Construction completion is projected for Q2 2028. In preparation for site demolition, relocation plans to move OmniTRAX from 252 Clayton and Broe Real Estate and The Broe Group from 216 Clayton to temporary offices in 50 S. Steele are underway. Tenant relocation is projected to be complete by year’s end with demolition set to begin in January.
