Queen City Collective Coffee Signs on at Gold's Marketplace
KDBC client Gold's Marketplace is near completion of its exciting renovation and is beginning to sign on new vendors (and expand current tenants). First a boutique pet store and now killer coffee? I for one can't wait to spend some time in Wheat Ridge! Learn more from their press release below.
Wheat Ridge, CO – February 10, 2021 – Queen City Collective Coffee has signed a new lease for 1,100 square feet at Gold’s Marketplace, a neighborhood shopping center in Wheat Ridge, that is currently undergoing a major revitalization. Gold’s Marketplace was acquired by Quannah Partners and Outpost Investments in 2020 and will relaunch as a new destination for community and discovery in April 2021.
With stores in Five Points and Baker, this new location marks Queen City’s third store and first foray outside Denver’s city limits, a shift that many retailers have been embracing over the last few years as downtown residents move to hip suburban locations.
“Queen City is perfectly on brand for Gold’s Marketplace which has positioned itself to become a vibrant, walkable, and diverse community asset. Our leasing is focused on attracting strong local retail and restaurant operators who are drawn to the center’s demographics which are on par with the hottest submarkets of Denver, but without the major premium on rent and operating expenses,” says Bobby Ghiselli of Quannah Partners.
According to Luke, Eric and Scott Byington, the brothers behind Queen City Collective, “We started Queen City because of our connection to community. Whether through our partnerships with coffee producers or through our neighborhood cafes, we're always building genuine relationships across the coffee chain. The choice to build our third Queen City shop at Gold's Marketplace was inspired by this commitment to community. We're excited to see our shop and the entire Gold's Marketplace development become a vibrant space for the City of Wheat Ridge filled with good times and good hangs.”
Queen City joins a growing roster of successful local retailers including boutique pet supply store Cosmo’s Dog Biscuit Bakery, run by Christy Ballengee, which also signed a new lease at the property that will expand their existing 2,500 square foot store by an additional 1,800 square feet.
“I am incredibly excited to see the work being done on this property. Cosmo's has been in the neighborhood for 20 years and I feel that these changes will not only benefit the growth of Cosmo's, but the entire community as well. I am thrilled to expand within Gold's Marketplace, where the history of the building will be preserved with much needed upgrades," said Ballengee.
Originally built in 1958, the current revitalization of Gold’s Marketplace started in July 2020 and is scheduled to complete in April 2021. Improvements include a growing list of local shops and restaurants, outdoor seating areas and Colorado-sourced art. The 59,000 square foot center is nestled between Sloan’s Lake, Edgewater and Applewood with convenient access to I-70, Colfax Ave., US-6 and daily traffic counts in excess of 58,000. For more information visit www.goldsmarketplace.com.
JLL’s Sam Zaitz, Jeff Feldman and Lorenzo Harris are leasing the property. For leasing information please contact firstname.lastname@example.org
About Gold’s Marketplace
Gold’s Marketplace represents the revitalization of an iconic, neighborhood center into a vibrant, walkable, and diverse community focused asset that will provide the City of Wheat Ridge with an exciting destination in its own backyard. Quality design, engaging streetscape improvements, and thoughtful architectural enhancements will transform this dated shopping center into a place where people want to gather to shop, eat, drink, laugh, and of course…bowl.
About Queen City Collective Coffee
In many ways, Queen City started in the mid-2000s while we worked, researched, and played in rural Africa. From Zimbabwe to Rwanda, we spent nearly a decade coordinating humanitarian programs, organizing research projects, and kicking around on humble soccer fields with friends. We learned about community in Africa — real, honest community.
About Quannah Partners
Quannah Partners is a private equity commercial real estate investment firm headquartered in Denver, Colorado. Quannah’s senior management team has over 40 years of experience as principal investors in value-add and opportunistic acquisitions and developments and is responsible for investing $3.6 billion of capital in commercial real estate across all property types.
About Outpost Investments
Outpost Investments is a real estate investment and development firm that is actively engaged in the development, redevelopment, and adaptive reuse of residential, retail and mixed-use properties in high-growth secondary markets throughout the United States.
About JLL Jones Lang LaSalle Incorporated is an American commercial real estate services company with offices in several countries. The company also provides investment management services worldwide, including services to institutional and retail investors, and to high-net-worth individuals.