The 126,000-sf center will have eight buildings when completed and as many as 25 tenants. Broker Doug Mitchell leased about half the spaces. He tells GlobeSt.com that he wants to have local homegrown businesses in the center, rather than chain stores. The center is scheduled to open this fall.

One of the largest tenants is the Village Fitness & Spa, a 30,000-sf health club. The entire fitness center will cost $6 to $7 million when completed, Tom Lyneis, the owner, tells GlobeSt.com. "I like the growth in the area," Lyneis tells GlobeSt.com. "And the demographics for the whole Castle Rock area are very good. There are not a whole lot of athletic clubs in the whole Castle Rock area."

He says that he thinks he will draw customers not only from Castle Pines, but nearby less expensive communities, such as the Meadows. But one prominent retail broker privately tells GlobeSt.com that he thinks it will be tough sledding for an unanchored center such as this one. "It will be a nice amenity for the residents of Castle Pines, but the access from the other nearby subdivisions is not that convenient. I just wonder if there are enough people around it to support it. But I wish them luck."