CU Anschutz asks committee to allow $22.5 million purchase of adjacent hotel
University of Colorado Anschutz asked the Capital Development Committee to approve purchasing a 106‑room hotel adjacent to the Anschutz campus for $22.5 million, saying ownership would support patient and academic needs; the committee laid the item over for action until an excused member could vote.
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Terry Caruthers, executive vice chancellor for administration and finance at CU Anschutz, told the Capital Development Committee that the university seeks approval to buy a hotel at 13025 East Mount View Boulevard for an acquisition price of $22,500,000. "We seek your approval for this purchase," Caruthers said, describing the 106‑room hotel (opened in 2023) as supporting campus researchers, patients, students, faculty, clinical providers and innovation partners.
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