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

  • Benson Polytechnic High School in Portland, OR

    Preserving Legacy, Designing for the Future

    As historic academic buildings age, institutions face a difficult decision: preserve and adapt or demolish and rebuild. How do we honor the legacy of these spaces while adapting them to meet the needs of modern learners?

  • Stanford Completes Construction on Graduate School of Education Facility

    Stanford University in Stanford, Calif., recently announced the end of construction on a new home for its Graduate School of Education, according to a news release. The university partnered with McCarthy Building Companies on the 160,000-square-foot project, which involved two major renovations and one new construction effort.

  • University of Arizona Approves New Residence Hall

    The Arizona Board of Regents recently approved plans for a new residence hall at the University of Arizona in Tucson, Ariz., according to a news release. The new facility is scheduled to open in fall 2028 and have the capacity for more than 1,200 students, enforcing a new university expectation that all first-year students live on campus.

  • Deferred Maintenance Issues Growing at Universities, Gordian Reports

    U.S. colleges and universities are falling increasingly behind on facilities maintenance and repair, according to Gordian’s 13th annual State of Facilities in Higher Education report. The deferred capital renewal burden has reached $156 per gross square foot, an 8% increase over the previous year.