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Amends Concession Agreement with WH Smith DEN, LLC at Denver International Airport for Market 5280, extending term to 2033

  • When: 2025/09/17
  • Address: Denver International Airport
  • City: Denver
  • State: CO
  • Category: Project Amendments
  • Subcategory: Development Plan Amendment
  • Asset Class: Commercial
  • Property Type: Retail
  • Size (Dollars): $663,000.00
  • Planning Department: True

This resolution amends a concession agreement with WH Smith DEN, LLC d/b/a Market 5280 at Denver International Airport. The amendment extends the agreement by two years, setting a new end date of January 17, 2033, to allow the concessionaire to amortize increased costs associated with the design and construction of the concession. The contract amount remains at a minimal annual guarantee of $663,000.00 or 26% of Gross Revenue. The scope of work also includes updating various contract provisions to ensure regulatory compliance. No funding or capital investment will be provided by DEN. The project supports DEN's goal of 'Growing Our Infrastructure' by adding new concession opportunities to meet future passenger demands, enhancing the customer experience, and increasing non-aeronautical revenue. Subcontractor participation includes Innovation Retail Group, LLC (20%) and M2 Concepts, LLC (10%) to meet the ACDBE goal.

Source

Developer - WH Smith DEN, LLC d/b/a Market 5280


City Representative - Kevin Forgett