Swire Coca-Cola’s existing plant at 3825 York St. in Denver. (BusinessDen file)
Coke won’t be joining Pepsi out by Denver International Airport.
Salt Lake City-based Swire Coca-Cola USA, a franchise bottler of the beverage giant, said Tuesday that it no longer plans to build a new facility on airport-owned land along Tower Road north of Pena Boulevard.
“Unforeseen delays and ongoing timeline instability have severely impacted the viability and delivery of the project. As such, we will no longer pursue the originally proposed location for the development of a new production plant,” Swire spokeswoman Allison Barrett said in a statement.
Barrett said the company still plans to build a new facility “at a different location which we are in the process of identifying.”
In spring 2023, the Denver City Council signed off on a $270 million deal to lease 97 acres of DIA land to Swire for 75 years. The land is north of Pena Boulevard and south of Canopy Airport Parking, east of Tower Road.
Swire proposed to build a 1.1 million-square-foot facility that would replace the company’s production facility at 3825 York St. and the company’s sales center at 2145 E. 40th Ave.
The airport said in a statement to BusinessDen that the ground lease will be terminated.
“The contract has a development approval period in which to conduct due diligence that allows termination at any time,” a spokesperson said.
Swire’s facility would have been about a mile north of the one Pepsi is building on 152 acres near the intersection of 72nd Avenue and Argonne Street. Pepsi bought that land in 2022 from Glendale-based Westside Investment Partners.
DIA’s land holdings comprise approximately 34,000 acres, but only 18,000 of them are considered “core aviation land,” where terminals, runways and other facilities already sit or are slated to be added in the future. The rest is dubbed “non-aviation” land and open for possible private development.
Read more: DIA to study possible development of nuclear reactor
Swire Coca-Cola’s existing plant at 3825 York St. in Denver. (BusinessDen file)
Coke won’t be joining Pepsi out by Denver International Airport.
Salt Lake City-based Swire Coca-Cola USA, a franchise bottler of the beverage giant, said Tuesday that it no longer plans to build a new facility on airport-owned land along Tower Road north of Pena Boulevard.
“Unforeseen delays and ongoing timeline instability have severely impacted the viability and delivery of the project. As such, we will no longer pursue the originally proposed location for the development of a new production plant,” Swire spokeswoman Allison Barrett said in a statement.
Barrett said the company still plans to build a new facility “at a different location which we are in the process of identifying.”
In spring 2023, the Denver City Council signed off on a $270 million deal to lease 97 acres of DIA land to Swire for 75 years. The land is north of Pena Boulevard and south of Canopy Airport Parking, east of Tower Road.
Swire proposed to build a 1.1 million-square-foot facility that would replace the company’s production facility at 3825 York St. and the company’s sales center at 2145 E. 40th Ave.
The airport said in a statement to BusinessDen that the ground lease will be terminated.
“The contract has a development approval period in which to conduct due diligence that allows termination at any time,” a spokesperson said.
Swire’s facility would have been about a mile north of the one Pepsi is building on 152 acres near the intersection of 72nd Avenue and Argonne Street. Pepsi bought that land in 2022 from Glendale-based Westside Investment Partners.
DIA’s land holdings comprise approximately 34,000 acres, but only 18,000 of them are considered “core aviation land,” where terminals, runways and other facilities already sit or are slated to be added in the future. The rest is dubbed “non-aviation” land and open for possible private development.
Read more: DIA to study possible development of nuclear reactor
