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DENVER-Locally based CMCB Development Co., headed by Carl Chang,brother of former tennis great Michael Chang, is the successfulbidder for the 17-acreretail development on the Denver International Airport propertyalong Peña Boulevard. The development--called the Peña Project--isthe first phase in what could be a 500-acre retail developmentalong the major highway in and out of DIA."We were pleased with allthe companies that submitted proposals, but CMCB's was very strongand shared our overall goals for the Peña Project," says StanKoniz, DIA chief financial officer. He says the project, which willincorporate the airport's 45-minute waiting area, will "deliver aquality retail village that will serve the 30,000 workers at DIA,as well as provide attractive retail outlets for people to wait forarriving passengers."

He says the goal is with this type of development is to increasenon-airline revenues. "Every dollar we earn from concessions andother sources reduces the cost to our airlines and theirpassengers," he says. Koniz said DIA's concessions program has beenextremely successful, totaling more than $1 billion in gross salessince the airport opened in 1995. He said the Peña Project "willallow us to boost that figure even higher."

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