Burrito Giant Will Remain In Denver's Lower Downtown Historic District

DENVER, CO (Monday, January 22, 2007) - Chipotle Mexican Grill,
the burrito restaurant known for providing 'Food With Integrity,'is
moving its Denver headquarters to a soon-to-be-constructed building at
1401 Wynkoop Street. Chipotle is taking more than 43,000 square feet
of space atop a new Opus project that also features residential and
retail space. The move into the new space is slated for late 2008.
The new office space represents an increase in space of roughly 10
percent from Chipotle's current office, affectionately known within
the company as "Wazee" for its address (1543 Wazee), and gives the
gourmet burrito purveyor considerable opportunity to design the space
to suit its needs.
"Details have always been important to us - from each ingredient
we use in our food, to our cooking methods, each individual
restaurant, and the location and type of office space we take," said
Steve Ells, Chipotle's founder, chairman and CEO. "This location lets
us remain in the downtown Denver area that we love and that's so true
to our personality, while also enjoying the amenities and benefits of
a newly built building."
1401 Wynkoop is a mixed-use development offering 100,000 square
feet of Class AA office space, ground floor retail and 21 luxury
residential condominiums. The project, slated to be completed in the
fall of 2008, is nestled along Cherry Creek with mountain views and in
close proximity to all of downtown Denver's major entertainment and
transportation venues.
Beyond its new office space, Chipotle maintains a relationship
with Opus, which serves as landlord to Chipotle for a number of its
restaurants and offices around the country.
"We are pleased to expand our relationship with Chipotle by
welcoming them to this project," said Marshall Burton, vice president
and general manager of Opus Northwest, L.L.C. "As an organization that
shares Chipotle's commitment to integrity, we are excited to provide
their Denver employees an enhanced work environment that still
provides the Lower Downtown lifestyle the company has come to
cherish."
About Chipotle
Chipotle Mexican Grill (NYSE:CMG)(NYSE:CMGB) offers a focused menu
of burritos, tacos, burrito bols (a burrito without the tortilla) and
salads made from fresh, high-quality raw ingredients, prepared using
classic cooking methods and served in a distinctive atmosphere.
Through our vision of Food with Integrity, Chipotle is seeking better
food not only from a variety of fresh ingredients, but ingredients
that are sustainably grown and naturally raised with respect for the
animals, the land, and the farmers who produce the food. Chipotle
opened its first restaurant in 1993 and operates more than 530
restaurants today. For more information, visit www.chipotle.com.

CONTACT: Chipotle Mexican Grill
Chris Arnold, 303-222-5912
carnold@chipotle.com

SOURCE: Chipotle Mexican Grill

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