Denver set to get first Lucky’s Market grocery store with $45 million Lowry project

Residents in east Denver could soon be able to grocery shop in Boulder style with the planned addition of Lucky’s Market in Lowry.

(Courtesy of Kelmore Development and Confluent Development)
(Courtesy of Kelmore Development and Confluent Development)
(Courtesy of Kelmore Development and Confluent Development)

Residents in east Denver could soon be able to grocery shop in Boulder style with the planned addition of Lucky’s Market in Lowry.

The Boulder County-based grocery chain announced last week it’s opening its first Denver store as part of The Boulevard at Lowry project planned by Confluent Development and Kelmore Development. Construction on the project is expected to start in early 2018 and wrap up in early 2019, according to a release from the development team.

Lucky’s Market is planning to lease 25,000 square feet near Quebec Street and East Lowry Boulevard.

The grocery chain specializing in organic and natural foods has grown to 17 stores in 13 states — including three locations in Colorado — since chefs Trish and Bo Sharon started Lucky’s in Boulder in 2003, according to its website.

“Lucky’s Market is proud to open our first store in Denver, have a bigger presence in our home state of Colorado and bring more fresh, local and specialty foods to people in the Lowry area,” said Ben Friedland, vice president of marketing for Lucky’s Market in a statement. “We are honored to be an anchor tenant at The Boulevard at Lowry and look forward to being an involved partner in this new community.”

The parent company of King Soopers, The Kroger Co., announced last spring a “meaningful,” undisclosed investment in Lucky’s intended to allow the Boulder grocer to grow in new and existing markets. Lucky’s Market could not immediately be reached Monday, and it’s unclear whether or not the investment paved the way for the new Denver location. The location would only be about 1,000 feet southwest of the Kroger competitor Safeway in the Lowry Town Center.

Confluent Development and Kelmore Development are slated to put more than $45 million into the first phase of the development where Lucky’s expected to be located. The Denver-area developers are expected in early 2020 to wrap up building retail and restaurant space south of where the grocery store will be housed. When it’s all said and done, The Boulevard at Lowry is expected to be a 200,000-square-foot commercial mixed-use redevelopment project. Dallas-headquartered SRS Real Estate Partners is listed as the firm heading up leasing.

“The Boulevard at Lowry will establish itself as an essential Denver destination in the years to come,” said Bob Koontz, principal of Kelmore Development, in a statement. “The mixed-use site is designed for residents and visitors to be able to dine, shop, work, and entertain, providing the much-needed commercial component for Lowry to cement its position as a thriving, vibrant neighborhood in metro Denver.”

An earlier version of this article misstated the construction timeline for the retail and restaurant space south of Lucky’s Market.

Subscribe to Denverite’s newsletter here.

Business & data reporter Adrian D. Garcia can be reached via email at agarcia@denverite.com or @adriandgarcia on Twitter.

Adrian D. Garcia

Author: Adrian D. Garcia

Adrian D. Garcia is on business and trends for Denverite, serves as treasurer for the Colorado chapter of the Society of Professional Journalists and on the board of the Denver Press Club. He can be reached at agarcia@denverite.com.