Denver’s Broadway retail corridor is getting a new injection of life at an old Woolworth’s site. A trio of Denver retailers have renovated the 99-year-old building at First Avenue and Broadway and will open beginning next week.

Buffalo Exchange, Fancy Tiger Clothing and Fancy Tiger Crafts are relocating existing stores to the site.

The $2.7 million project is expected to draw a fresh stream of customers to an area that has experienced a heady renaissance over the past decade.

Once known as Denver’s Miracle Mile and now sometimes referred to as SoBo, for South Broadway, the section between Sixth and Alameda avenues is home to a melange of shops, galleries, bars, restaurants and theaters.

Two of the relocating merchants aren’t moving far. Fancy Tiger Clothing and Fancy Tiger Crafts have shops just a block south of the renovated Woolworth’s building, which also once housed a J.C. Penney store.

The affiliated, but separately managed, clothing and crafts stores have grown fast since their 2006 openings and needed more space.

“We’re bursting at the seams,” said crafts store co-owner Jaime Jennings. “We’ve been searching for a larger store for a while now but couldn’t bring ourselves to consider anywhere but the South Broadway area.”

Buffalo Exchange franchise owner Todd Colletti is moving his Capitol Hill high-fashion used-clothing store at 230 E. 13th Ave. to the Broadway building.

“I never really wanted to go into Broadway because there wasn’t much going on,” he said. “But now there are all these great small businesses down there.”

Fancy Tiger Clothing owner Matthew Brown said his store and Buffalo Exchange operating side-by-side should create a synergy that will benefit both.

“Overall, the effect will be positive,” Brown said. “It will really bring a lot of people through those doors.”

Residents of the surrounding Baker neighborhood generally are pleased to see a refurbishment of a building that has been vacant for several years.

“To me it seems to be very positive,” said Paul Ramsey, president of the Baker Historic Neighborhood Association. “They’re going to be good for our neighborhood.”

Buffalo Exchange plans to open at the new site Monday. The Fancy Tiger stores expect to relocate the week of Jan. 2.