Waldorf Astoria Picks Cherry Creek for First Colorado Residences, Priced Up to $13 Million

Waldorf Astoria will open its first Colorado residential project, Waldorf Astoria Residences Cherry Creek, in early 2028 with 37 private residences priced from $1.5 million to $13 million. Yahoo reported the plans for the building at 185 Steele Street in Denver's Cherry Creek neighborhood, where 75% of units are already sold.

Inside the Cherry Creek Residences

Waldorf Astoria Hotels & Resorts is the luxury hotel brand owned by Hilton. The Cherry Creek project is being developed by Property Markets Group, with architecture by SAR+, interiors by BAMO and conceptual design by Carlos Ott. The units range from studios to penthouses.

Ryan Shear, managing partner at Property Markets Group, told the outlet that the developer saw Denver as ready for branded luxury housing. "We recognized early on that Denver was ready for a world-class, branded luxury residential offering, and Cherry Creek was the natural fit," he said.

Dawn Raymond of Kentwood Real Estate, who is leading sales, said the neighborhood's walkability drives buyer interest. "It's really the walkability that appeals to everyone," she said. Monthly HOA dues are estimated at about $1.50 per square foot, covering most amenities and services, and ownership includes discounts at Waldorf Astoria and Hilton hotels worldwide.

The brand's housing portfolio is set to nearly triple to 34 properties and 3,498 units by 2030, according to the company. Existing residences are clustered in Florida, with buildings in Pompano Beach, St. Petersburg, Sarasota and Miami, alongside projects in New York City, Atlanta, Chicago, Las Vegas, Park City and Maui.

Waldorf Astoria's Recent Expansion

Waldorf Astoria Texas Hill Country advanced its development plans in September 2026 when the Fredericksburg City Council approved a resolution including a revised roadway alignment, Prweb reported. Waldorf Astoria Costa Rica Punta Cacique, the first Waldorf in that country, opened last year in Guanacaste, according to Travelweekly. In New York, the Waldorf Astoria reopened in July 2025 after an eight-year renovation, National Geographic reported.

Other Developers' Residential Pipelines

Appaswamy Real Estates has a Chennai pipeline of 5 million sq ft with an estimated ₹8,000 crore GDV over three to five years, BusinessLine reported on November 15, 2026. Pantheon Development handed over Elysee Heights, a 183-unit residential and retail development in JVC, on time, Business & Financial reported on November 12, 2026. Nakheel unveiled Palm Springs, a 3.8-million-square-meter community for 50,000 residents in Dubai South, GulfNews reported on November 11, 2026.

When the Denver Residences Open

Waldorf Astoria Residences Cherry Creek is slated to open in early 2028, with seven of the 37 units still available for sale.