Brand new King Soopers Marketplace to open in Northwest Arvada

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From the Arvada Economic Development Association:

Residents of northwest Arvada will be pleased to learn that a brand new King Soopers Marketplace will be opening at the northwest corner of Candelas Parkway and Indiana Street.  The 123,000 sq. ft. grocery store, slated to open in March of 2018, will also house a nine-unit multiple product dispenser (MPD) fuel center.  In addition to the King Soopers store and fuel center, the 22-acre development site will also provide 7,100 sq. ft. of attached inline retail as well as four outlot pad site opportunities for ground lease or purchase.  The development is viewed as a much needed asset to the community as the area is currently underserved by retail, grocery, fuel and restaurant amenities.  Retail lease opportunities at the site are being marketed by Crosbie Real Estate Group.  Contact Rhonda Coy or Scott Steputis for more information at rcoy@creginc.com or step@creginc.com.

Denver Business Journal | King Soopers unveils new store model at Reunion

It’s unlike any King Soopers that Denver-area shoppers ever have seen.

The new King Soopers MarketPlace in Commerce City, just west of the Reunion community, opens June 27. At 123,000 square feet, it’s more than double the size of regular King Soopers stores. It will offer home furnishings, a vitamin store and even a jewelry store.

The store, at Chambers Road and East 104th Avenue, is the fourth MarketPlace-format store in Colorado but the first in metro Denver. It’s part of the grocery chain’s strategy of adapting each store to its market to gain an advantage in the hyper-competitive Denver …

Looking for available retail near the new King Soopers Marketplace? 

Check out our listing at Reunion Marketplace here:  http://www.creginc.com/files/assets/ReunionMarketplace_Brochure.pdf

Denver Business Journal | King Soopers MarketPlace breaks ground at Reunion

By Dennis Huspeni           Date: Tuesday, August 30, 2011, 1:25pm MDT

King Soopers MarketPlace breaks ground at ReunionResidents of the Reunion development in Commerce City moved closer to having a large grocery store Tuesday with the groundbreaking of a 123,000-square-foot King Soopers MarketPlace, near 104th Avenue and Chambers Road.

Construction is expected to take a year, with an estimated store opening in the fall of 2012.

The store will anchor the 22-acre Reunion Marketplace Center, being developed by Shea Properties.

“Over the last 10 years, the growth in the northern range has helped double Commerce City’s population. More rooftops meant more expectations for services and stores,” said Mayor Paul Natale in a statement. “A grocery store has been a top priority for the city.”

King Soopers officials estimate 300 construction jobs will be created through Colorado contractor Mark Young Construction and their subcontractors. The store itself will employ 250 people.

“This is a great location for metro-Denver’s second MarketPlace concept and the partnership with the city was critical to our decision to locate here,” said Russ Dispense, president of King Soopers, in a statement.

Commerce City used results from a 2009 economic study that showed city residents spent an estimated $59 million annually in groceries outside of the city limits to attract King Soppers and Shea with nearly $2 million in rebates as incentive to build the store, according to city officials.

“It’s generally been said government doesn’t create jobs,” Natale said in a statement. “But government can and does create an environment that allows private enterprise to thrive. The city’s incentive program is one just one example of this.”

Read more:  http://www.bizjournals.com/denver/news/2011/08/30/dennis-huspeni.html?s=print
Posted by:  Crosbie Real Estate Group

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Interested in retail in Reunion?  Check out our listing at Reunion Marketplace!

For more information contact, Rich Otterstetter or Scott Crosbie at (303) 398-2111.