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<\/p>\nJuan Padro has landed a deal at Denver International Airport.<\/p>\n
The owner of the Culinary Creative restaurant group has signed a licensing agreement to bring three of his concepts to the airport by the end of 2022.<\/p>\n
Padro\u2019s Mister Oso, Bar Dough and Aviano Coffee brands are set to open in one large 8,572-square-foot marketplace in DIA\u2019s East C Concourse next year.<\/p>\n
Another Aviano Coffee location will open alongside local concepts Mizu Izakaya and El Chingon in a 3,774-square-foot marketplace in DIA\u2019s West B Concourse next year.<\/p>\n
\u201cThey wanted recognizable, local brands,\u201d Padro said. \u201cBar Dough has a huge following in Denver and produces a consistent product that will translate well to the airport. Mister Oso has been nothing short of cultish with how busy that place is. And this will also put a lot of eyes on Aviano, which is in the middle of a rebrand.\u201d<\/p>\n
Bar Dough, an upscale Italian restaurant, opened in LoHi in 2015. Mister Oso, a Latin American restaurant that serves smoked meat plates with warm tortillas, first opened in RiNo in 2019, and\u00a0is coming to Wash Park\u00a0next year.<\/p>\n
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Aviano Coffee, meanwhile, has operated in Cherry Creek since 2006, and has two locations there. Padro\u00a0acquired 40 percent\u00a0of the business in January, during a deal that also saw Cherry Creek developer Matt Joblon up his stake.<\/p>\n
DIA executed the contracts in late September and early October.<\/p>\n
All of Padro\u2019s concepts, plus Mizu Izakaya and El Chingon, will be operated by local concessionaire Tastes DEN JV, a joint venture between national concessionaire Tastes on the Fly and local Airport Concessions Disadvantaged Business Enterprise partner Innovative Retail Group.<\/p>\n
\u201cWe\u2019re really comfortable with our concessionaire,\u201d Padro said. \u201cWe think they have a great reputation, and they\u2019re more boutique and work with high-end restaurants out of San Francisco, New York, Boston and places we\u2019re familiar with.\u201d<\/p>\n
Each marketplace will have a sit-down dining area for Bar Dough and Mizu Izakaya, and the other stores will have a fast-casual model. Menu items will be limited, and each concept will serve breakfast.<\/p>\n
The leases have a 10-year term. Annual rent for the B Concourse marketplace will be $1.1 million, and annual rent for the C Concourse marketplace will be $1.85 million, according to the contact. Additionally, the businesses will have to pay 14 percent of food and beverage and 18 percent of alcohol sales to the airport.<\/p>\n
Tastes Den JV owns and operates five other stores in DIA: Modern Market locations in both the B and C Concourses, as well as Little Man Ice Cream, Coors Silver Bullet Sports Bar and Tapas Sky Bar in the C Concourse.<\/p>\n
The joint venture was formed by Michael Levine, co-founder of Tastes on the Fly, which owns 26 restaurants in five airports around the country, and Huy Pham, owner of Innovative Retail Group, which owns three other retail stores in DIA. The two were friendly competitors and first teamed up to open the Modern Market locations in DIA in 2013.<\/p>\n
\u201cWhen we look at a brand, we want to know who we\u2019re working with, which is why we don\u2019t work with national brands because there\u2019s no entrepreneur behind it,\u201d Levine said. \u201cIt\u2019s really the people we focus on. And when you meet a Juan or Lorenzo of El Chingon or Hong of Mizu, we want to showcase the brand that represents them best and that they feel comfortable sharing in a non-traditional way.\u201d<\/p>\n
According to Levine, Tastes Den JV is on track to do around $20 million in sales this year at DIA. And they hope to do an additional $30 million to $35 million in sales with the opening of the new eateries.<\/p>\n
The concessionaires also plan to open a Mercantile restaurant in the A Concourse in January 2022. The restaurant from Alex Seidel is at 1701 Wynkoop St. downtown, and is known for its pasta and seafood.<\/p>\n
Other new tenants coming to the airport include Denver-based Novo Coffee in the A and B Concourses, Caribou Coffee in the A Concourse, Miami-based Halfmoon Empanadas in the B Concourse and Denver-based Superfruit Republic Juice in the C Concourse.<\/p>\n
\u201cBy adding these new concepts to the DEN restaurant lineup, we are taking our program to the next level,\u201d said Pam Dechant, DEN Senior Vice President of Concessions. \u201cThese business owners are just as passionate as we are about our airport. And they\u2019ve dove head first into creating a space that passengers will love and want to return to.\u201d<\/p>\n
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