The Oasis Apartments in Cherry Creek officially hit their topping‑out milestone on Wednesday, with crews lifting the final beam into place months earlier than expected. The eight‑story luxury project at 299 Milwaukee Street now fills one of the largest remaining development sites in Cherry Creek North, reshaping the block between Second and Third avenues as its frame locks in the new streetscape. With the structure wrapped up, the focus now shifts to the less glamorous but critical phase of interior systems and finish work.
The milestone came with some ceremony. Workers and project leaders gathered on site to sign the last beam, a small tradition that doubles as a bragging right when a schedule runs ahead of plan. Construction foreman Lamar Cannada Jr. was among those to leave a signature. As reported by the Denver Business Journal, photographer Seth McConnell documented the moment and the building’s new profile over Third Avenue, and the outlet noted that the topping‑out arrived several months earlier than the original construction timetable.
Project details
Plans call for 177 apartments spread across eight stories, along with roughly 28,000 square feet of ground‑floor retail and a 6,000‑square‑foot public park with fountains at the corner of Third Avenue and Milwaukee Street, according to project briefs. BMC Investments is leading the development with private‑equity partner Rockpoint, and construction notices list The Beck Group as the general contractor. CCD Magazine outlined the design team and amenity lineup when work first kicked off.
Construction timeline
Site preparation began in late 2024, with vertical construction ramping up in early 2025. That steady tempo helped push the structure to completion ahead of the initial schedule. Builders and permit records point to consistent winter concrete pours and uninterrupted steel work that kept the job moving, and financing from Bank OZK unlocked the start of major construction. Industry coverage and permit trackers have followed each step; Mile High CRE has documented the timeline details.
Retail and neighborhood impact
Retail is already lining up behind the fresh concrete. Earlier coverage indicated that Arhaus is slated to occupy about 16,000 square feet of showroom space in the project’s retail podium, a sizable bet on Cherry Creek’s staying power as a high‑end shopping address. The mix of new apartments and dedicated retail is expected to pump more daily foot traffic onto Milwaukee Street and reinforce the neighborhood’s role as a regional design and shopping hub. BusinessDen first reported the Arhaus lease and the broader retail strategy for the building.
What’s next
With the frame now locked in, crews will roll into mechanical, electrical and plumbing installation, then move to interior finishes and phased unit delivery while retail teams work the phones to lease the street‑level bays. Developers have previously tapped JLL and SullivanHayes to handle retail leasing, and project materials highlight amenities aimed at premium renters, including a rooftop pool, co‑working areas and resident lounges. For a full overview of the program and design approach, see the project profile on Transforming Cities.
The topping‑out is one of the clearest signs yet that Cherry Creek’s development cycle is still running hot, and if Oasis sticks to its current pace, it is expected to bring hundreds of new residents and fresh retail space to the neighborhood over the next year. We will be watching for the next round of leasing announcements and construction milestones as they roll out from the developer and local outlets.
