Page 8 - Sentinel February 2018
P. 8

WORDS Continued from page 6                               The big news at the end of the year comes from the long dor-
                                                                  mant   former   Colorado
                                    Colorado  Springs  attorney,   Crossings.   The new own-
                                    Perry Sanders Jr. who owns    ers  have  renamed  it  VIC-
                                    The  FAMOUS  STEAK            TORY  RIDGE  and  their
                                    HOUSE in downtown Col-        first step was to open the ex-
                                    orado Springs (31 N. Tejon),   citing new 14 screen ICON
                                    and  he  is  in  the  process  of   theatre as they start on the
                                    fitting  out  the  former  Edge   various  mixed-use  aspects
                                    Building  for  another  FA-   of the previously stalled 153-acre development.  But that is not
                                    MOUS  STEAK  HOUSE.
        The restaurant will operate on all three floors of the building.    the best part!  The real news is that IN-N-OUT BURGER is
                                                                                              acquiring  22  acres  at  Vic-
        All going well, the restaurant should open in June.  Bring your                       tory  Ridge  to  support  its
        checkbook along when you visit – appetizers in the mid $teens,                        entry  into  Colorado/New
        salads, with steaks ranging from $28 to $46.
                                                                                              Mexico/Wyoming  with  a
                                                                                              patty production and distri-
        MONUMENT – Annexation and permitting for the planned                                  bution facility that can sup-
                                        WAGONS       WEST                                     port about 50 new In-N-Out
                                        mixed  residential  de-                               restaurants, including one to
                                        velopment  is  under-     be located at Victory Ridge.  Hold that saliva build-up as the
                                        way.    The  34.17-acre
                                                                  restaurant will take to 2020 to open.  The +300 restaurant Cali-
                                                                  fornia chain has a cult-like following that swears to the good-
        parcel is located midway along                            ness of their burgers, fries and shakes.  Other plans for Victory
        the Old Denver Road just north                            Ridge  include  1.6  million  square  feet  of  commercial  space,
        of  the  Monument  Ice  Rink.                             +500 residences and the super Larry Ochs Sports Complex.
        Twenty acres will be developed
        with  54  duplex  style  homes                            DENVER – The former Elephant Bar (8121 E Arapahoe Rd –
        and  77  townhouses  with  the                            Greenwood Village) which has
        remaining  14  acres  (including                          been  closed  for  several  years
        Teachout Creek) retained in its                           will soon be home to Denver’s
        natural state plus an additional                          first CHUY’S TEX-MEX res-
        2.5 acres developed as a private park for the area.  The units will   taurant.  The 36-year-old Aus-
        be two-story with a mix of three and four-plex formats.  The   tin-based  chain  100  locations
        project will be built in two phases with the first phase being 56   stretching across 19 states from
        of the townhouse units.
                                                                  Colorado  to  the  East.    Start
                                                                  with a Mexican-based menu and add Texas and New Mexico
        COLORADO SPRINGS – With a long history of bankruptcies                                recipes, and you have Tex-
                                and  foreclosures,  tenant’s  woes                            Mex.    Their  kitchen  pre-
                                and  closures,  the  35-year-old,                             pares from fresh-not-frozen
                                1.2  million  square  foot  CHA-                              ingredients,  and  their  flour
                                PEL HILLS MALL is in trou-                                    tortilllas are homemade dai-
                                ble  again  with  two  foreclosure                            ly.  Scheduled to open early
                                notices  totaling  a  county  size                            this year.
                                record  $37  million  by  Capital
                                One  and  National  Association.
        The Sears, Macy’s and Dillard’s are under separate ownership   A  $52  million  senior  living  facility,  THE  CARILLION  at
                                                                  BELLEVIEW  STA-
        and  are  not  part  of  the  foreclo-                    TION,  is  coming  to
        sure.  Gordman’s very short-term                          the Denver Tech Cen-
        occupancy  last  year  along  with                        ter this summer.  The
        the  J  C  Penny  closure  in  2014,                      173,000  square  foot
        and  Borders  and  Old  Navy  in                          facility  is  being  built
        2011  have  all  led  to  the  Mall’s                     at  4855  S.  Niagara
        miserable  performance.    Brick                          St. near the Belleview
        and mortar retail stores continue                         light rail station, providing ease of access along with many re-
        to  struggle  against  the  vast  and                     tail options for residents, i.e. restaurants, shopping, medical and
        growing internet sales industry.  Is this the end, or just another   other needs.  The six-story facility includes a salon, spa, and
        historic event for Chapel Hills?
                                                                  fitness center for the 163 independent and assisted living apart-
                                                                  ments along with a bonus 1,500 square foot “sky lounge” on
                                                                  the top floor.
        Page 8 - February 2018 Perry Park Sentinel
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