March 10 Forum To Explore Future Of The Park Hill Golf Course
Greater Park Hill Community News Feb 28, 2018
By Woody Garnsey
Special to the GPHN
Are you concerned about the open space future of the 155-acre Park Hill Golf Course land? If so, plan to participate in the community informational forum on Saturday, March 10 starting at 1 p.m. at the Park Hill Congregational Church at 2600 Leyden St.
Here’s some background: In 1997, during the Mayor Wellington Webb administration, the City of Denver paid the Clayton Trust $2 million for a perpetual open space conservation easement on the PHGC land. And, today, pursuant to an agency agreement with the City made in 2000, Clayton holds title to the golf course land “as agent of the City, to hold for the benefit of the citizens of the City and the general public.”
The Park Hill Golf Course land is at Colorado Boulevard and 35th Avenue, stretching northeast to Interstate 70. (It should not be confused with the City Park Golf Course, which is approximately a mile to the south and currently closed for construction of a stormwater drainage project.)
Clayton currently leases the Park Hill Golf Course land to a subsidiary of Arcis Equity Partners, LLC, a Texas private equity firm. The golf course lease expires Dec. 31, 2018, but Arcis has two options to renew for additional five-year terms. It must exercise the first option by June 30, 2018; its renewal intentions are currently unclear.