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Developer says permitting, CDOT access permit and infrastructure costs are delaying Starbucks; Chipotle lease secured
Summary
Developer Derek Martinez told council that permitting for a six-acre site near Culver’s took about 18 months, that CDOT-required access and infrastructure could cost from hundreds of thousands to over $1,000,000, and that Starbucks’ certificate of occupancy is at risk; he also announced a Chipotle lease next to the planned Starbucks.
Developer Derek Martinez told the council he purchased roughly six acres between Culver’s and Muir Street and has spent about 18 months in the permitting process for a Starbucks site. Martinez said multiple traffic studies and last-minute infrastructure requirements from CDOT have created uncertainty: he estimated potential infrastructure costs could run in the “hundreds of thousands” and possibly exceed…
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