What's Happening?
Applegreen, a convenience-store retailer, is investing $70 million to construct and operate four new service plazas in the Denver area. This project is part of the E-470 Public Highway Authority's initiative to convert decommissioned toll plaza sites into modern service plazas. The development will include fuel stations, fast EV charging, food and coffee options, and retail services. Applegreen will operate these facilities under a 50-year agreement with the E-470 Public Highway Authority. The project will begin in Parker, with subsequent developments in Commerce City and Aurora pending final permits.
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Why It's Important?
The investment by Applegreen is significant for the Denver area as it transforms underutilized infrastructure into service plazas that will benefit local communities and travelers. This development supports economic growth and enhances the customer experience along the E-470 corridor. The project is notable for not relying on toll revenue or tax dollars, showcasing a collaborative effort between public and private entities. It also marks an expansion of Applegreen's footprint in the U.S., contributing to the company's growth strategy.
What's Next?
The Parker Southbound Service Plaza is expected to be operational by the fourth quarter of 2026, with the other locations following shortly after. The project involves coordination across jurisdictions and private partners, indicating ongoing collaboration and planning. Stakeholders, including local governments and Applegreen, will continue to work together to ensure the successful completion of the service plazas.
