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Developer says Starbucks nearly finished but CDOT access and last-minute infrastructure demands threaten openings
Summary
Developer Derek Martinez told council permitting took about a year and a half and that CDOT’s access/infrastructure requirements — including intersection work and streetlights that may cost hundreds of thousands to over $1 million — are delaying a nearly finished Starbucks and could threaten a planned Chipotle lease unless the city or urban renewal helps fund infrastructure.
A developer who bought about six acres on Pueblo’s south side told the City Council his project is mostly built but that last-minute permitting and CDOT access requirements threaten tenant openings.
"It took us probably, I'm gonna say, about a year and a half to get through the permitting process," Derek Martinez said, describing repeated hurdles and costly traffic studies. Martinez said Starbucks is ‘‘probably 95% built’’ but a CDOT-required streetlight and intersection work could cost hundreds of thousands or even more than $1…
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