Mortenson, Saunders to lead Cherry Creek West project

DENVER — Mortenson | Saunders, a joint venture between two of Denver’s leading construction firms, has been named construction manager and general contractor for the Cherry Creek West redevelopment.

The 13-acre project, located at First Avenue and University Boulevard, will transform a large surface parking lot into a vibrant mixed-use district. It will feature offices, housing, retail and dining designed to create a walkable, connected neighborhood adjacent to the Cherry Creek Shopping Center and Cherry Creek North.

The partnership combines Mortenson’s and Saunders’ deep roots in the community and track record on high-profile urban projects, including work in Cherry Creek North, the 9+CO development and the Union Station neighborhood.

“We’re honored to partner with Saunders Construction on the Cherry Creek West redevelopment,” said Brian Fitzpatrick, vice president and general manager at Mortenson. “This joint venture brings together two firms with a shared purpose to build spaces that matter. With our combined experience and commitment to innovation, we’re proud to help shape a sustainable community that reflects the legacy of Cherry Creek.”

The development, led by East West Partners, will be constructed in two phases. Demolition and enabling work are expected to begin in early 2026, with phased openings of the first three buildings, an underground parking garage, upgrades to the Cherry Creek Trail and integrated open space anticipated through 2029.

East West Partners, known for Union Station and Riverfront Park, is joined by real estate investment firm Ascentris. Together, the partners aim to create a people-focused neighborhood that reconnects the area to the creek, encourages walkability and blends with the character of Cherry Creek.

“We have had the pleasure of working with both Saunders and Mortenson on past projects including Riverfront Park and Denver Union Station,” said Amy Cara, managing partner at East West Partners. “We are thrilled to have them on the team for Cherry Creek West.”

According to project leaders, Cherry Creek West will feature:
• Pedestrian-friendly walkways, plazas and gathering areas
• A mix of uses that draw people in and support a live-work-play lifestyle
• Improved access to the Cherry Creek Trail and integration of natural elements
• Sustainable design, energy-efficient systems and modern stormwater management

“Mortenson and Saunders bring strong redevelopment experience and a collaborative approach to this placemaking project,” said Ryan Balakas, vice president and general manager at Saunders. “We appreciate the opportunity to be part of a legacy project for Cherry Creek and the city of Denver.”