LOOK – Longtime Elway’s Steakhouse building demolished in Denver
May 8, 2026, 9:15 AM
The steaks are gone. And now, so is the building.
Elway’s Cherry Creek, the flagship steakhouse co-owned by Broncos Hall of Famer John Elway that anchored one of Denver’s most upscale shopping corridors for more than two decades, was demolished Monday as wrecking crews launched the first phase of Cherry Creek West, a 13-acre mixed-use redevelopment that will transform four city blocks.
The restaurant, which closed in August 2024 to make way for the project, had served its last rib-eye nearly two years ago. But watching the building come down still carried symbolic weight in a neighborhood where Elway’s had been as much a fixture as the high-end boutiques and gallery rows that surround it.
“We have been honored to have been your dining choice throughout the years for special events and family celebrations, and we hope to see you this month to thank you personally,” the restaurant said in a statement at the time of its 2024 closing.
Denver-based developer East West Partners and private equity partner Ascentris are constructing Cherry Creek West, which will span from University Boulevard to Clayton Lane and from 1st Avenue to the Cherry Creek waterway.
At full buildout, the project is expected to include approximately 840 residences, 600,000 square feet of office space, 100,000 square feet of retail and 2,000 underground parking spaces.
Following the Elway’s demolition, deconstruction will begin on buildings that formerly housed Brio, the Container Store, Macy’s Furniture and Boulder Running Company. A former Bed Bath & Beyond building will remain on site initially and serve as a temporary construction office.
Construction is expected to continue through late 2027, with the first building set to be completed in summer 2029.
In 2024, the restaurant said it would work with developers to determine a new Cherry Creek location after construction is complete. No details on that potential return have been announced.
The Elway’s brand is not disappearing from Denver. Locations remain open downtown, in Vail, and in Denver International Airport’s Concourses A and B.
