New King Soopers taking shape in Englewood
Progress is evident as crews continue to construct a new, modern King Soopers store at Belleview Avenue and Federal Boulevard.
Most of the parking area is paved, all four walls of the new store are about finished, and work is nearing completion on the roof. Tentative plans are for the store to be in operation by the third quarter of 2013.
The King Soopers at Belleview and Federal was one of the first stores in the Denver metro area and was built in the 1960s. It was remodeled, but the size restriction kept the store small and limited how many items it could carry.
Those were among the reasons that, in 2012, King Soopers announced the plan to demolish the existing store and construct a new 78,000-square-foot facility that will include a pharmacy drive-thru and a service station at a cost of about $17 million.
The room for expansion of the new store required negotiations to lease and demolish the small stores in the shopping center surrounding the King Soopers. Lease negotiations were successful, the stores like Subway and the liquor store in the center moved to nearby locations and demolition began in late spring.
As part of the proposal, King Soopers requested and received Englewood's financial participation of $510,500 to cover the cost of public improvements being made during the project. The City Council-approved plan will rebate 50 percent of the use tax on furniture, fixtures and equipment and then annually rebate 50 percent of the sales tax revenues collected by the store until the target is reached or for the first four years the store is open, whichever comes first.
Betty Harrison said she is glad to see the project progressing as she snapped a couple pictures of the construction crews at work.
“This has been the store where I have shopped for about 10 years. It was small and the store didn't carry a lot of the items I like, but it was so convenient I kept coming back,” the Englewood resident said. “I am so glad they are building us a nice new store so I am taking a few pictures every now and then just to watch the new store being built.”