Colorado Springs News, Sports & Business

Gazette Premium Content Old CU health center site sold for $30 million

Associated Press - Published: February 21, 2014

DENVER — A developer is paying $30 million for the University of Colorado's former Health Sciences Center and plans to turn it into a mix of apartments, condos, townhouses, restaurants and retail stores.

The Denver Post reports (http://tinyurl.com/ohj94kf ) the CU Board of Regents approved the sale to Continuum Partners on Thursday. It is scheduled to close by December if city government approves tax-related financing.

Denver-based Continuum is also instrumental in the development of Denver Union Station and Belmar in Lakewood.

The site at 9th Avenue and Colorado Boulevard is about 26 acres.

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Information from: The Denver Post, http://www.denverpost.com

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