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Concession Agreement Amendment for Novo Coffee at Denver International Airport Extended to 2034

  • 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
  • Planning Department: True

This item is an amendment to a concession agreement between The Ave Group, LLC d/b/a Novo Coffee and Denver International Airport (DEN). The amendment seeks to extend the agreement by five years, changing the end date from 2029 to October 31, 2034. This extension is requested due to increased costs incurred by the concessionaire to design and build the concession at DEN. The amendment will allow Novo Coffee to amortize their investment over a longer period. There is no change to the current contract's minimal annual guarantee amount or percentage fee. The project aims to enhance the customer experience and increase non-aeronautical revenue at the airport by supporting concession opportunities.

Source

Applicant - The Ave Group, LLC d/b/a Novo Coffee


Ownership - The Ave Group, LLC d/b/a Novo Coffee


City Representative - Pamela Dechant