The new Starbucks should open across the street from the Indian Pueblo Cultural Center by late spring or early summer of 2015, said Mike Canfield, CEO of the IPCC. The IPCC is behind the development of the land, which is owned by New Mexico’s 19 pueblos.
The IPCC will own and operate the Starbucks under a licensing agreement, Canfield said. It continues working directly with the coffee giant to finalize the arrangement and hash out specific details, but Canfield said the goal is to build a 4,000-square-foot location — large enough to accommodate a “community room.”
An average Starbucks measures about 1,700 square feet.
The Starbucks will be the first retail building to go up as part of the development, called Albuquerque Indian School District. Canfield said the project’s first retail phase includes three buildings for potential restaurants and retail businesses. Talks have begun with other potential tenants, but Canfield said nothing has been finalized. He expects Starbucks to spark more interest in the land.
“It’s a great start. Starbucks is a way to help validate the site,” he said. “We’ve been working on getting prepared for it and getting financing.
“That’s just the start and all lights are green from here on out. We expect to have some activity very shortly on the other sites.”