A new residential project was approved for Englewood. The original property, located at 401 Englewood Parkway, was once a popular mall named Cinderella City. Englewood’s Community Development Department Planner, Will Charles, shared further details about the project. He said, “It is a 260-unit, multi-family residential apartment project, which should be about four or five stories tall with the parking garage as well.”
Against this backdrop, Englewood City Council’s Rita Russell said that the mall that closed in the late 90s was an amazing income resource for the residents. However, the current update about this Englewood property is that it is a strip mall with only a few businesses.
Highlights
- City Council recently approved a major apartment complex project at Englewood.
- The property was previously a shopping center called Cinderella City.
- The development is expected to start soon, but the council has not disclosed the exact dates.
Affordable Housing at Englewood
Expressing their views on the need for low-cost houses, the Englewood Affordable Housing Task Force’s Amber Reyes said that currently, the city is short by about 2,500 such units. While the task force claims to work for it, the city council does not have an exact number of affordable units in their Englewood project.
Despite the challenge, the council is hopeful that the Affordable Housing Task Force’s recommendations will lead to solutions for new developments. On the topic, Reyes said, “Ten percent is not enough, so we made recommendations to the city council to pick a more meaningful percentage for future developments.”
While the approval for the old Cinderella City lot project has been finalized, Kimco, too, is ready for any council decision. The ordinance of the apartment complex project reads: “The project shall meet all affordable housing requirements in effect at the time of building permit submission.”
This would include any requirements that the Englewood City Council adopts.
Englewood Council Members Opposed The Project
Englewood Council members Rita Russell and Kim Wright have voted against its new apartment complex project. They are concerned that high-density housing can mean fewer retail opportunities for the people of Englewood.
However, the members are in favor of any initiative that supports affordable housing for the residents. Talking further, Russell said “All of the affordable housing we had in District One, they tore it all down and built duplexes that cost $1 million to $1.5 million per side.”
She also suggested that the project members could have built duplexes and neuro-duplexes that were not too big. Plus, for an 800 sq ft house, they could have built two stories right next to it.
Russell added that the Englewood Council members would discuss affordable housing in the new Englewood project at a study session on March 24. However, she thinks these steps could take some time to happen.
Timeline For The New Englewood Apartment Project
As of March 2025, Kimco Realty is currently undergoing the standard appeal period after the approval. This is why they cannot reveal the date for submitting their building permit.
However, the real estate company expressed excitement about working with the Englewood technical staff and building a vibrant property that betters the Englewood community.
While the appeal period for the apartment project continues, the future of Englewood’s real estate is ready for a significant shift. At the same time, debates regarding affordable housing units will be crucial to the project.
