Skip to main content
Add as a preferred source on Google

University of Colorado Puts South Denver Facility on the Market

  • By Matt Jones
  • 05/26/21

The University of Colorado announced that it is partnering with commercial real estate firm JLL for the sale of the CU South Denver facility in Lone Tree, Colorado. CU South Denver is a three-story, 175,780-square-foot, mixed-use, Class A building that was completed in two phases in 2002 and 2009 and is located a little less than 20 miles south of downtown Denver.

The building features a meeting venue with a capacity of more than 1,000, a two-story atrium with foyer, a theater, commercial kitchen, classrooms, and outdoor space. The site covers 14.4 acres and includes an additional 4.4 acres with the potential for development. A press release emphasizes the opportunity for adaptive reuse as an educational, religious, commercial, or event facility. It also includes parking space for more than 440 vehicles.

CU Denver South facility

“As movement to the suburbs has accelerated, this offering presents a compelling opportunity to enter into the southeastern Denver suburban market, the largest market in the city and one of the top performing,” said JLL Executive Vice President Patrick Bolick. “In its current state, the site provides a unique environment to meet a user’s immediate requirements, boasting high-quality construction, excellent visibility and infrastructure consisting of a cafeteria, auditorium and high-volume multi-purpose space.”

The University of Colorado originally announced the sale of the facility in Sept. 2020, citing a lack of financial viability. “The CU South Denver teams have worked hard to explore new options, creative solutions and have pursued operational efficiencies and consolidations at the facility,” said Todd Saliman, senior vice president for strategy, government relations and CFO, at the time. “Unfortunately, the subsidies the university has provided and would have to continue to provide are unsustainable.”

About the Author

Matt Jones is senior editor of Spaces4Learning. He can be reached at [email protected].

Featured

  • ZeroEyes, Academic Innovators Partner to Provide Safety Solutions

    ZeroEyes, which produces a multi-analytics weapons detection and threat intelligence platform, recently announced a partnership with Academic Innovators, according to a news release.

  • Cleveland High School Breaks Ground on Modernization

    Portland Public Schools in Portland, Ore., recently announced that construction has begun on a modernization project for Cleveland High School, according to a news release. The existing building will be replaced with a new, 300,000-square-foot facility at the same site.

  • URI Cuts Underwater Ribbon on New Ocean Robotics Laboratory

    The University of Rhode Island recently held a ribbon-cutting ceremony for a new Ocean Robotics Laboratory at its Narragansett Bay Campus, according to a news release. Two students used a remotely operated vehicle to cut an underwater ribbon in a 30-by-20-foot test tank.

  • UPenn Announces Completion of New Veterinary Education Facility

    The University of Pennsylvania in Philadelphia, Penn., recently finished construction on an 11,800-square-foot veterinary education building, according to a news release. The Gail P. Riepe Center for Advanced Veterinary Education is the first dedicated classroom facility at the New Bolton Center, a large-animal hospital and campus about 35 miles west of the campus proper.