Colorado Real Estate Journal - August 6, 2014
A six-year dream of a Tulsa businessmanis coming to fruition with his announcement for a 5,000-space, “state-of-the-art”airport parking facility.“I spent several months in early 2008looking for the best site available to buildour airport parking site, similar to the onewe built in Tulsa, Okla., in 1983,” saidMichael Fine, president and CEO of FineAirport Parking. “Weclosed on the first sitein November of 2008and five years later wepurchased the adjacentparcel, totaling nearly156 acres at the northwest corner of Powhaton and East 56thAvenue.”“The site is perfectfor airport parking as itis so close to the intersection of E-470 andEast 56th Avenue, as it will capture themajority of the patrons traveling northbound on E-470 from Denver metro andthe southern suburbs,” said Cal Fulenwider, longtime landowner in the East 56thAvenue corridor. “Those folks are comingfrom Denver metro, and the majority willtravel along the E-470 corridor, as it is thefastest route to the airport. Harvest Roadis on both the Aurora and Denver masterplan, as it is scheduled to link from PeñaBoulevard all the way to Interstate 70,”Fulenwider said.“Our first phase will contain 2,735 parking spaces, including 1,000 valet parkingspaces and 1,137 covered parking spaces.We have adjacent land available for a second phase that can bring our total facilityto 5,000 spaces,” said Chris Amburgy, Fineproject manager.Fine’s business model focuses on providing a wide array of amenities andservices.“We want to spoil our customers, so thatwe can turn parking at the airport from ahassle into an enjoyable experience,” Finesaid. “Our nonstop shuttles will pick youup at your vehicle, load your luggage andget you to and from the airport safely andpromptly. Our detail shop will have yourcar looking like new when you return.”The plans, including site and buildingplans, were submitted last month to thecity of Aurora by dcb Construction Inc.,headed by Barry Sherman, and R&R Engineers-Surveyors Inc., led by Becky Hogan.Fine hopes to begin construction this falland expects to open next summer.The $20 million facility will bring nearly$600,000 in tax revenue to Adams County,of which approximately $62,000 will bepaid to the city of Aurora.With the construction of ParkDIA @ Porteos, there will be two new airport parkingdevelopments opening south of DIA.“We think competition is a good thing,creating new options with better locations,services and pricing and we are so excitedto bring our brand of service to DenverInternational Airport,” Fine added. Withthe competition of the other airport parking services, this location is poised tocapture a higher percentage of the parkingbusiness in the Denver International Airport area, according to Fine.“We have been in the business for 31years and our Fine Airport Parking ofTulsa has been a tremendous success,”Fine said. “We have a few issues to resolvewith our accessibility to Jackson GapRoad, but we are very confident the cityof Aurora will work with us in getting thisaccomplished."