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Images courtesy of Gold’s Marketplace)
After losing a grocery store and a bowling alley in the last decade, a 63-year-old shopping center at a prominent Wheat Ridge corner is getting new life.
Denver-based real estate firms Quannah Partners and Outpost Investments are in the process of renovating the 59,000-square-foot Paramount Heights Shopping Center at the corner of 26th Avenue and Kipling Street, after purchasing the property early last year.
The center is being renamed Gold’s Marketplace, after the former Gold’s Corner Grocery, which operated in the shopping center from 1988 until 2014.
“Wheat Ridge residents are proud and have fond memories of going to this center,” said Bobby Ghiselli, a partner with Quannah Partners. “There used to be an old donut shop where people would get served out of their own dedicated mug. And it’s always been family-friendly, but over the years it just sort of went untouched. We knew it needed some love.”