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

  • Northeastern University Breaks Ground on New Housing Community

    Northeastern University recently announced the groundbreaking of a new student housing community on its campus in Boston, Mass., according to a news release. The university is partnering with American Campus Communities (ACC) for development of the project, which will have the capacity for 1,200 students and has a scheduled completion date of fall 2028.

  • Wold Architects & Engineers Acquires VPS Architecture

    Full-service planning, architecture, and engineering firm Wold Architects & Engineers recently announced that it has acquired VPS Architecture, according to a news release. The move will help strengthen Wold’s education and public-sector design expertise, industries in which both companies have strong pre-existing ties and relationships.

  • Hawaii Elementary School Breaks Ground on New Classroom Building

    Kealakehe Elementary School in Kailua, Hawaii, recently began construction on a new, $16-million classroom building for its campus, according to a news release. The 13,000-square-foot building will stand two stories and connect the existing upper and lower campuses.

  • California School District Completes Elementary School Modernization

    The San Diego Unified School District in San Diego, Calif., recently held a ribbon-cutting for a whole-site modernization of Pacific Beach Elementary School, according to local news. The school first opened with one building in 1930 and added six more between 1938 and 1957.