City and County of Denver - File #: 23-0356

• File #: 23-0356
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 3/28/2023
• In control: Business, Arts, Workforce, Climate & Aviation Services Committee
• On agenda: 4/17/2023
• Final action: 4/17/2023
• Title: A resolution approving a proposed Ground Lease Agreement between the City and County of Denver and Aaravya Investments, LLC to develop and operate a gas and convenience facility with other amenities at Denver International Airport. Approves a lease agreement with Aaravya Investments LLC for $6,413,864 and 20 years, with four 5-year options to extend, to develop and operate a gas and convenience facility with other amenities at Denver International Airport's West Approach Commercial District, located at 75th Street and Gun Club Road in Council District 11 (PLANE-202161181). The last regularly scheduled Council meeting within the 30-day review period is on 5-8-2023. The Committee approved filing this item at its meeting on 4-5-2023.
• Indexes: Anne Wallace

Date	Ver.	Action By	Action	Result
4/17/2023	1	Council President	signed
4/17/2023	1	City Council	adopted	Pass
4/5/2023	1	Business, Arts, Workforce, Climate & Aviation Services Committee	approved for filing	Pass

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 3/23/23

Requesting Agency: Denver International Airport
Division:

Subject Matter Expert Name: Carolina Flores
Email Address: Carolina.flores@flydenver.com
Phone Number:

Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney's Office should enter the title above the description (the title should be in bold font).

Both the title and description must be entered between the red "title" and "body" below. Do not at any time delete the red "title" or "body" markers from this template.
title
A resolution approving a proposed Ground Lease Agreement between the City and County of Denver and Aaravya Investments, LLC to develop and operate a gas and convenience facility with other amenities at Denver International Airport.
Approves a lease agreement with Aaravya Investments LLC for $6,413,864 and 20 years, with four 5-year options to extend, to develop and operate a gas and convenience facility with other amenities at Denver International Airport's West Approach Commercial District, located at 75th Street and Gun Club Road in Council District 11 (PLANE-202161181). The last regularly scheduled Council meeting within the 30-day review period is on 5-8-2023. The Committee approved filing this item at its meeting on 4-5-2023.
body

Affected Council District(s) or citywide? District 11

Contract Control Number: PLANE-202161181

Vendor/Contractor Name (including any "DBA"): Aaravya Investments LLC

Type and Scope of services to be performed:

Denver International Airport (DEN) released a call for offers at the beginning of 2022 for commercial development at DEN's West Approach district. Proposals were requested for site-specific or master-planned hospitality and retail development on any or all of the district's 26 acres. Two respo...