Northglenn Marketplace to be Redeveloped

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A 439,000-square-foot shopping center located at Interstate 25 and 104th Avenue in Northglenn has sold for $48 million. An affiliate of Hutensky Capital Partners (HCP) of Hartford, Connecticut, bought the center

Denver-based Evergreen Development, the Mulhern Group, SullivanHayes Brokerage and Kimley-Horn will be involved in a major redevelopment, with the Northglenn Urban Renewal Authority. According to the city, HCP plan to stabilize the center by filling the empty storefronts with new businesses while retaining current tenants.

Image of Northglenn Marketplace, courtesy of Google Maps.

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