A New King Soopers to be Built in the Eastern Expansion of RidgeGate
A 123,000-square-foot King Soopers will be built in the RidgeGate Parkway Couplet District, an undeveloped island in the middle of the westbound and eastbound lanes of Ridgegate Parkway east of I-25. Construction will begin in 2023, with a planned opening in 2024.
A newly announced King Soopers location will serve future residents of the eastern expansion of RidgeGate in Lone Tree.
A 123,000-square-foot King Soopers will be built in the RidgeGate Parkway Couplet District, an undeveloped island in the middle of the westbound and eastbound lanes of Ridgegate Parkway east of I-25.
The first residential area undergoing construction is southeast of I-25 and Ridgegate Parkway and consists of 365 single-family homes on 185 acres. The new homes will be part of the Lyric neighborhood of RidgeGate. At full buildout, Southwest Village, of which Lyric will be a part, will include 1,860 single-family attached and detached homes and townhomes, and a limited amount of commercial development. Two apartment complexes are also under construction near the end-of-line light rail station.
“A grocery store tenant has long been a priority for the master plan – made possible by the recent expansion of Ridgegate Parkway and the construction and future planning of several residential offerings in the area,” according to Coventry Development Corporation, the master developer for RidgeGate.
Construction on the King Soopers will begin in 2023, and it is scheduled to open sometime in 2024. The project also includes a gas station and approximately 27,000 square feet of accompanying retail space for which there is already “strong tenant interest,” Coventry said in a press release.
“It is a key element in RidgeGate’s momentum to create a complete community on the east side of I-25,” said Keith Simon, executive vice president and director of development for Coventry Development Corporation.
RidgeGate encompasses a total of six square miles, including development on the west side of I-25 that includes the Target on the southeast corner of Lincoln Avenue and Yosemite Street. The western portion of RidgeGate is served by the Safeway directly north of the Target.
Offices and additional retail developments are planned for the eastern half of RidgeGate, the largest development in Lone Tree.
Information and photo provided by VOCA Public Relations
