The existing Sears across the way was worked into a swanky shopping, residential and office complex. Known as CLAYTON LANE, it was completed in the mid-2000s.
Photo from www.claytonlaneretail.com

Several changes have been made at CHERRY CREEK WEST by 2013. A Foley's Home Furniture store has morphed into a Macy's Home Furniture. Two north block stores have also changed. The CLAYTON LANE Sears is still in operation, but not for long...

CHERRY CREEK WEST stores closed and were not replaced. Plans were drawn up to demolish the structure and replace it with a collection of residential buildings and office towers. Among all of the pre-development hoopla, no one was considering that this facility was Colorado's first shopping mall...and that the historic structure was still in pristine condition. Why couldn't it be left standing and remade into some kind of lifestyle center? 

Photo from Wikipedia / "Button74"