Johnson & Wales College’s northeast Denver campus will hit the market subsequent month

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Johnson & Wales College is making ready to promote its 25-acre campus in Denver’s South Park Hill neighborhood and there’s no assure it’s going to stay a faculty.
Actual property providers big CBRE will take the lead in serving to the Windfall, R.I.-based college promote the Denver campus it first acquired in 1999, based on a information launched this week.
The campus, previously residence to the Colorado Girls’s Faculty, is about 2 miles east of Metropolis Park at 7150 Montview Blvd. It’s residence to 13 buildings together with dorms.
With proximity to cultural facilities just like the park, the Denver Museum of Nature & Science, and the Denver Zoo and quick access to Interstate 70, the property is primed to draw plenty of eyes. CBRE is anticipating each institutional customers like different colleges and builders eager on adaptive reuse alternatives to have an interest.
A developer bought the Loretto Heights campus in southwest Denver in 2018 and plans to show it right into a mixed-use space with housing, workplace and retail after the earlier proprietor’s efforts to seek out one other faculty operator to take it over fell by. That challenge will contain historic reuse of current buildings.
Karlen Beitman, who leads work on offers involving public and academic establishments for CBRE’s Mountain States area, is a part of the workforce that may begin advertising the Johnson & Wales property subsequent month. In Monday’s information launch, he mentioned the varsity, abbreviated JWU, has been dedicated to being a optimistic a part of northeast Denver.
“Maintaining that dedication in thoughts, JWU is trying to discover a purchaser who will implement the very best and greatest use of the property so each the College and the encompassing neighborhood will profit,” he mentioned in an announcement.
CBRE’s launch didn’t listing and asking value.
Johnson & Wales introduced in June that it could shut down operations at its Denver and North Miami campuses in the summertime of 2021.
The varsity, greatest recognized for its culinary applications, has had poor enrollment for years, Denver campus spokesman Alan Bilsborough mentioned Tuesday. That’s the principle driver for the choice to shut down.
The varsity has at all times emphasised hands-on and experiential studying and plans to host some in-person courses this educational 12 months together with culinary labs and habit counseling program programs, Bilsborough mentioned. The autumn cohort will complete 482 college students, 85 of whom plan to maneuver into campus housing subsequent week.
The COVID-19 pandemic “was undoubtedly a contributing issue” to the varsity’s closure, Bilsborough mentioned.

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