DPS Administration Building for Sale

PRESS RELEASE
FOR Immediate RELEASE Contact: June 26, 2007 Alex SanchezDirector of Communicationsalex_sanchez@dpsk12.org(720) 423-3305
For Sale: DPS Administration Building is on the Market Denver, CO— Denver Public Schools (DPS) Board President Theresa Peña and Superintendent Michael Bennet put the district’s administration building, located on 900 Grant Street, up for sale earlier today. Frederick Ross Company and Apartment Realty Advisors of Colorado are the listing agents. The DPS administration building was built in 1968 and purchased by the district in 1974 for $3.2 million dollars. DPS has used the 9 floors and 102,416 square foot office space as its headquarters since 1974. “This building has served DPS well for many years but we have to do what is best for the district,” said Bennet. “We are confident we can save money and better support our working environment by moving our administrative operations somewhere else within the district.” “The district will benefit from the long-term savings in operating costs” added Peña. “The next step is to decide where to place the administration to better serve the kids of Denver.” The district continues to explore all options regarding where to place the administrative personnel who currently reside at 900 Grant Street. One of the options under consideration is moving the administration to a school with available space in order for administrators to be closer to students. “It’s an incredible opportunity for kids to have professional role models in their building,” said Chief Academic Officer Dr. Jaime Aquino. “The administration will also benefit from the daily reminder of why we do the work we do.” For more information, please contact the Communications Office at (720) 423-3314.