Chipotle Mexican Grill and Five Guys Burgers and Fries are still coming to Kingman. It's just going to take a little bit longer than originally expected.
DG Fenn-Grace, LLC, an arm of Phoenix-based development company DG Fenn, closed the deal to acquire the old Blockbuster building on Stockton Hill Road Monday. It had hoped to close the deal Sept. 15.
"We had to have the leases secure before we could close," said Daniel Fenn, the company's vice president. "Now the ball is in our court."
With the deal done, the company is free to move into the architecture and engineering phase of its plan to completely redo the parking lots and modernize and remodel the building to fit three establishments, Fenn said.
Fenn expects construction to start close to Jan. 1 and for the two restaurants to be complete in late April or early May.
A tenant for the 1,300 square-foot suite in the building has not been found, but Fenn admits the search took a backseat to finalizing the deal.
But it should become a priority again now that the deal is done, he said.
The company has a commitment in place to install the Chipotle, but whether or not it will do the same thing for Five Guys has yet to be decided.