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BusinessDen file)
The next chapter of the former Denver campus of Johnson & Wales University has begun.
Denver-based nonprofit Urban Land Conservancy closed on the purchase of the 13-building, 25-acre campus at 7150 Montview Blvd. in South Park Hill on Tuesday.
ULC President and CEO Aaron Miripol told BusinessDen the organization which has users lined up for every structure paid approximately $62 million.
That transaction was the first of a three-part deal, which saw ULC immediately resell portions of the campus to Denver Public Schools and the Denver Housing Authority, while retaining ownership of the remainder.
“To me, this is an amazing opportunity,” Miripol said.