DENVER-Nobel/Sysco Food Services Co. will invest more than $40 million to move and expand its Denver operation. The company is landing at Stapleton, which is being developed by Forest City.

Nobel/Sysco, which has been in Denver for 60 years, ultimately plans to occupy 500,000 sf of office and distribution space on 50 acres north of Interstate 70 by the fourth quarter of 2004.

The move keeps 800 jobs in Denver with plans for 200 more, says Mayor Wellington Webb.

Nobel/Sysco had opportunities to move elsewhere, the mayor says. “This deal demonstrates Denver’s long-term economicstrength,” Webb says.

Chris DeWitt, president and CEO of Nobel/Sysco, says he’s glad the company is staying in Denver. “We are very pleased we were able to find a suitable site with Forest City at Stapleton.” says DeWitt. “The mayor’s team has been instrumental in this effort and we look forward to working closely with the City during our move.”

The move is expected to provide Denver $7.5 million in tax revenues over the next five years. The city is offering the company a $1 million incentive package over five years, which the City Council must approve.

“Stapleton’s regional highway access, its close proximity to Downtown Denver and Denver International Airport and its wonderful mix of housing affordable to a range of incomes clearly were among the considerations that played a significant role in Nobel/Sysco’s decision,” says John Lehigh, COO for master developer Forest City Stapleton.

“This is a great opportunity to keep a Denver institution in this City while enhancing Stapleton redevelopment,” says City Councilman Ed Thomas, who chairs the Special Projects Committee that oversees Stapleton redevelopment.

Adds Ron Bernstein, Director of the Mayor’s office of Economic Development: “In a time where cities and states are in direct competition for relocating businesses, this retention effort shows Denver is a smart business decision.”

The Mayor’s Office of Economic Development and International Trade will continue working closely with Nobel/Sysco to assist them with their transition into a new facility and will also be focusing on theredevelopment of the current facility at Pecos and West 48th Ave.

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?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

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

  • Free unlimited access to'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 and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.