Big boxes · Colorado
Kmart at Monaco and Evans
Proposed Kmart redevelopment into housing (300+ units) in Denver; 17 retail sites nearby; housing demand metrics present but no approval status. · summary, model-written
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Site profile6 elements · what this retrofit is built with · tap a chip for the evidence
Retrofit in the pipeline
This site: …proposed record · all sites with this3+ other atlas sites within 10 km
This site: 17 within 10 km computed · all sites with this30,000+ vehicles a day on an adjacent road
This site: 44,000 on E EVANS AVE fhwa-hpms · all sites with thisCounty permitting 2,000+ apartment units a year
This site: 3,118 units, Denver County census-bps · all sites with thisRedeveloped
This site: Forum was looking to build more than 300 units of housing on the land. record · all sites with thisHousing
This site: Forum was looking to build more than 300 units of housing on the land. newtypes-extraction · all sites with thisNow
| Status | Retrofit proposedWikipedia no source |
|---|---|
| Strategy | Redevelopment, proposedWikipedia no source |
| New uses | housingWikipedia no source |
| What is there now | Forum was looking to build more than 300 units of housing on the land.newtypes-extraction reported |
| Redeveloper | Forum Real Estate Groupnewtypes-extraction reported |
Deals and debt
| Date | Event | Price | Parties | Source |
|---|---|---|---|---|
| 2019 | Sold | $10.5M closed | Forum Real Estate Group | denverpost.com |
Site context
| Housing permits, Denver County (CO), 2024 | 3,118 units in 5+ unit buildings, 4 in 2–4, 872 single-family; 2023: 4,549 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 17 within 10 km, 27 within 25 km: Tamarac Square (2.7 km); Buckingham Mall (4.5 km); James (4.7 km); Cherry Lane (5.8 km); Sears in Cherry Creek (6.0 km)computed |
| Retail trade in the county, 2025 (BLS QCEW) | 30,425 jobs in 2,329 establishments; average annual pay $52,368; employment location quotient 0.55; employment -5.4% on the yearBLS QCEW 2025, NAICS 44-45, private |
| Jobs located in the tract, 2022 | 804 jobs; 9 in retail trade, 12 in accommodation and food (workplace blocks summed to tract 08031006903)Census LEHD LODES8 WAC 2022 |
| Upward mobility (Opportunity Atlas, 2010 tract) | children of low-income (25th percentile) families reached the 44th income percentile as adults; 1.5% incarcerated at the 2010 count (453 children in the sample); born 1978–83, measured 2014–15Opportunity Insights |
| Food access (USDA FARA 2019, 2010 tract) | not a low-access tract at 1 mile; poverty rate 14.7%; median family income $63,819; 281 SNAP householdsUSDA ERS |
| Schools | Denver County School District 1 (PK-12); 5 public schools within 1 mile: Rocky Mountain School of Expeditionary Learning; Holly Hills Elementary School; Highline Academy Southeast; Place Bridge AcademyNCES EDGE |
| Elevation | 5,431 ft above sea level at the site pointUSGS 3DEP |
| Storm events in the county, 2016-2025 | 183 county-logged events: 127 hail, 41 thunderstorm wind, 7 flash flood, 3 heavy rain; $820,000 property damage reported; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events |
| Homes for sale in ZIP 80222, 2026-09 | median list price $587,498 (+0.9% on the year); 116 active listings; median 66 days on market; 35% with a price cutRealtor.com Research |
| Retail trade in the county, 2012 to 2023 | 2,348 establishments (+3%); 32,628 jobs (+24%)Census CBP |
| Housing market in the county | typical home value $528,188 (-2% 1 yr, -1% 5 yr); typical rent $1,867/mo (+0% 1 yr), 2026-09Zillow Research |
| Traffic on the busiest road within 600 m (2024) | 44,000 vehicles a day on E EVANS AVE (principal arterial, 4 lanes); 1,590 trucks; 32 counted segmentsFHWA HPMS |
Summary, model-written
Kmart at Monaco and Evans (Denver, CO) is proposed for redevelopment into housing. Forum Real Estate Group purchased the site in 2019 for $10.5M. After notes indicate plans for 300+ housing units. Status is 'proposed' with no construction underway. Housing market data shows median rent at $1,770 and ZORI (rental rate) at $1,867 (2026-09 projection).
Why. The site is in a dense retail cluster: 17 sites within 10km include operating malls (Tamarac Square, Mango House), under-construction projects (Kmart in Broadway Marketplace, James), and proposed developments (Cherry Lane, Sears in Cherry Creek). Peer projects like Cherry Lane and Sears in Cherry Creek (both 6km away) share the 'redevelop' strategy. Denver County permits show strong residential construction activity (8,720 units in 2024).
Where it stands. Status is 'proposed'—no construction or approval details provided. Housing demand metrics are present but no specific zoning or infrastructure constraints are noted. The site is not yet 'under construction' or 'approved' per the record.
For a planner
- 17 retail sites within 10km
- ZORI $1,867 rent rate
- Denver County permits show 8,720 housing units in 2024
For a developer
- $10.5M purchase price (2019)
- 300+ units planned
- Peer projects: Cherry Lane (6km, 6.5 score) and Sears in Cherry Creek (6km, 6.5 score)
What we do not know yet
- No current approval status
- No site-specific zoning details
- No environmental or infrastructure constraints listed
- No timeline for construction
Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.
Similar sites
- Cherry Lane, Denver, CO · Big boxes · same strategy: redevelop; also in CO; 6 km away
- Sears in Cherry Creek, Denver, CO · Big boxes · same strategy: redevelop; also in CO; 6 km away
- 6901 S. Havana St., Centennial, CO · Office parks · same strategy: redevelop; also in CO; 10 km away
- Villa Italia Mall, Lakewood, CO · Malls · same strategy: redevelop; also in CO; 14 km away
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- already in play: under construction, approved, or sold to a developer with housing plans
- median rent $1,770
- housing in the record
Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.
History and original facts
| County | Denver County |
|---|---|
| Census division | 8 · Mountain |
| Notes | Draft from denverpost.com, model-extracted, unreviewed: A vacant former Kmart store on 13 acres was purchased for $10.5 million with plans to build more than 300 housing units. |
Not yet recorded: acres, GLA, year opened, original developer, retrofit year. Know it? Tell us.
Sources
- What's becoming of Denver's former Sears and Kmart stores?
1 quoted sentence
Kmart at Monaco and Evans
More in Colorado
Crossroads MallBoulder, CO · 2007Redeveloped · Redevelopment: retail, office and restored street gridFoothills MallFort Collins, CO · 2013Partial Redeveloped · Partial redevelopment, public spaceLamar Plaza StationLakewood, CO · 2016Partial Regreened · Partial regreening, green islands