Plans are now in the works for the construction of a 1.2 million square foot manufacturing center in Denver that will belong to carbonated beverage giant PepsiCo.
The plant will go up on the northeast side of Denver not far from the intersection of E. 72nd Avenue and Argonne Street. The 152-acre site in question was earlier purchased by PepsiCo Beverages North America.
In a move designed to keep Pepsi in the Mile High City, members of the Denver City Council voted to approve up to $1 million in incentives in support of the project, which will be the largest PepsiCo Beverages North America facility of its kind in the country.
The company, which has had a long presence in Denver, will cease operations at its current 65-year-old plant located at 3801 Brighton Boulevard in the city’s River North Art District.
If all goes according to plans, the new Pepsi plant will be completed and beginning operations sometime in the summer of 2023.
Founded as Brad’s Drink in 1893 in New Bern, North Carolina, the company became Pepsi-Cola in 1898, a name that was shorted in 1961 to Pepsi.
With annual revenue in excess of $80 billion, the company also produces such popular labels as Gatorade, Rockstar, and Muscle Milk.
Pepsi has had a production presence in Colorado since 1936. Last year the company opened a 283,000 square foot warehouse in Denver near West 56th Avenue and Pecos Street.
By Garry Boulard
