Centennial retail project complete

Location aims to draw shoppers with Natural Grocers, Starbucks

Staff report
Posted 12/21/18

The retail project on the northeast corner of Arapahoe Road and Nome Street in Centennial has been completed, according to a news release from the project's developer, Confluent Development. Spanning …

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Centennial retail project complete

Location aims to draw shoppers with Natural Grocers, Starbucks

Posted

The retail project on the northeast corner of Arapahoe Road and Nome Street in Centennial has been completed, according to a news release from the project's developer, Confluent Development. Spanning 2.78 acres in The Ridge development, the project features national retail brands Natural Grocers and Starbucks.

Denver-based real estate investment and development firm Confluent Development and Equity Ventures Commercial Development, a fully integrated commercial real estate development group, partnered to deliver the new Natural Grocers store in the retail development. The partnership recently sold the property, marking the full completion of the project.

The Natural Grocers store recently celebrated its grand opening, relocating from its Greenwood Village store on Arapahoe Road where it had operated for more than 30 years. The opening fills Centennial's need for a specialty grocer in the rapidly expanding area.

“Natural Grocers is committed to Colorado. It's our home and we want our customers to have the best possible experience here, and everywhere we have stores,” Kemper Isely, Natural Grocers co-president, said in the news release. “We believe our standards resonate with our Colorado customers and people looking for healthier food choices at affordable prices, and that's why we continue to open new stores and relocate existing stores.”

The location features Colorado-based Natural Grocers' new store prototype, which includes nutritional health coaching and a nutritional education center as well as the fresh, organic and natural groceries, dietary supplements and body care products carried at all Natural Grocers stores.

Rogue Architecture served as the architect on the project with McPherson Contractors as the general contractor.

In September 2017, Confluent Development delivered and sold a Starbucks property in the development, marking the firm's fifth project serving as developer for Starbucks. At 11703 E. Arapahoe Road, the 2,000-square-foot store features an outdoor patio and drive-thru to enhance the customer experience. Studio DH served as the project architect and Pioneer Construction as the general contractor.

Following its sale of the Starbucks property, Confluent Development also sold a third land parcel in the project, which is anticipated for development into dental office space.

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