Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DENVER-King Soopers, the dominant grocery chain in the metro area, will open a 58,000-sf store at the former Stapleton International Airport that is being developed by Forest City Stapleton. King Soopers will be an anchor at Stapleton’s first retail center, its town center at East 29th Avenue between Quebec and Syracuse Street on the western edge of the sprawling airport that is three-quarters the size of Manhattan.

A grocery store has long been sought for the area.

”Northeast Denver’s neighborhoods will provide a strong market,” for the King Soopers, says John S. Lehigh, chief operating officer for Forest City Stapleton.

Mayor Wellington Webb adds that the ”dreams and aspirations” for Stapleton and the surrounding neighborhoods are being realized with the King Soopers, which will include a gourmet, health and natural foods departments, in addition to a full-service pharmacy and an on-site gas station.

City Councilwoman Happy Haynes has worked to bring a grocery store to the area for years.

”This will serve a regional market,” Haynes tells GlobeSt.com. ”For a lot of people in this area the closest shopping center is in the Mayfair neighborhood (to the south) and that store is what I would consider over-subscribed. It’s really packed. Some of us have taken to shop there at 2 a.m. to avoid the crowds.”

Despite the interest, grocers worry there isn’t enough demand along the northeast corridor, Haynes tells GlobeSt.com.

“Initially, the King Soopers is going to serve the surrounding area, and in the coming years they’re going to be surrounded by new homes at Stapleton,” Haynes says. ”King Soopers is taking a bold step. I think after they’ve been out there for a while, they’re going to wonder why they were ever worried. Even if the economy slows down a little more and the pace of housing sales slows a bit, it’s going to be a great location for them.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt. NET LEASE Fall 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.