Economy & Economic Development  December 18, 2015

Whole Foods delay to cost city of Longmont estimated $1M in 2016 tax revenue

LONGMONT — Natural-foods grocer Whole Foods Market on Friday announced that it is delaying the opening of its under-construction Longmont store by 11 months to December 2016, a move that city officials expect will cost the city about $1.04 million in sales-tax revenue in 2016.

The store had originally been planning a January opening at Longmont’s Village at the Peaks shopping center, the $90 million, 490,000-square-foot redevelopment of the former Twin Peaks Mall site.

Heather Larrabee, executive marketing coordinator, said in a phone interview Friday that there is no risk that Whole Foods will not open at all.

“There is not that risk,”…

Sign up for BizWest Daily Alerts
Closing in 8 seconds...