Former Lowe's Site in Louisville Sells for $22.6M

The property is being redeveloped into a new King Soopers grocery store.

Apr. 7, 2026 at 9:34pm

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A minimalist studio still life featuring architectural plans, a tape measure, and a hardhat, conceptually representing the redevelopment of a commercial property.The sale and redevelopment of a former big-box retail site into a new grocery store reflects the changing needs of local consumers and the continued growth in the Boulder area.Boulder Today

A property in Louisville, Colorado that previously housed a Lowe's home improvement store has been sold for $22.6 million. The building is currently undergoing redevelopment to become a new King Soopers grocery store location.

Why it matters

This sale and redevelopment highlights the ongoing shifts in the retail landscape, with big-box stores like Lowe's being replaced by grocery chains like King Soopers that are better suited to meet the changing needs of local consumers. It also demonstrates the continued investment and development happening in the Boulder area.

The details

The former Lowe's store, located at 1171 W. Dillon Road in Louisville, was recently sold for $22.6 million. The property is currently being redeveloped and will become a new King Soopers grocery store location.

  • The former Lowe's store closed at this location.
  • Redevelopment of the property into a King Soopers is currently underway.

The players

Lowe's Cos. Inc.

A major home improvement retail chain that previously operated a store at this location in Louisville.

King Soopers

A grocery store chain that is redeveloping the former Lowe's site into a new store location.

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The takeaway

This transaction highlights the ongoing evolution of the retail landscape, with larger big-box stores making way for more community-focused grocery chains that can better meet the needs of local consumers. It also demonstrates the continued investment and development happening in the growing Boulder area.