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Amends a concession agreement with OTG DEN Venture, LLC, d/b/a Sunset Loop, Sunset Loop Market, and Starbucks to add two years for a new end date of 6-01-2036, due to increased costs to design and build a concession at Denver International Airport.

  • When: 2025/09/17
  • Address: Denver International Airport, Denver, CO
  • City: Denver
  • State: CO
  • Category: Project Amendments
  • Subcategory: Development Plan Amendment
  • Asset Class: Commercial
  • Property Type: Retail
  • Size (Dollars): $1,466,250.00
  • Planning Department: True

This resolution amends an existing concession agreement between OTG DEN Venture, LLC (operating as Sunset Loop, Sunset Loop Market, and Starbucks) and Denver International Airport (DEN). The amendment extends the agreement by two years, setting a new end date of June 1, 2036, to allow the concessionaire to amortize increased design and construction costs. Despite the increased costs, the contract amount remains unchanged, maintaining the minimal annual guarantee or percentage fee structure. The amendment also updates various contract provisions to align with current concession standards. This initiative supports DEN's "Vision 100" by enhancing the customer experience and increasing non-aeronautical revenue through new concession opportunities.

Source

Applicant - OTG DEN Venture, LLC


Ownership - OTG DEN Venture, LLC


City Representative - Kevin Forgett