Denverite June 19, 2019 by David Sachs
Westside Investment Partners and the property owners aim to close on July 11.
Denver-based developer Westside Investment Partners is looking to buy 18 holes worth of grass and trees from the George W. Clayton Trust in Park Hill. The parties plan to close July 11, according to a letter sent from the trust to city officials.
The Park Hill Golf Club sits on the land, which has doubled as a battlefield for various players with different agendas.
Clayton Early Learning, which manages the trust, wants more funding for its education programs than the golf club offers. National company Arcis Golf leases the land under the Park Hill Golf Club moniker.
The Hancock administration looked to buy the land for development in 2017. That deal stalled after Arcis said it intended to renew its lease and filed a lawsuit asserting its right to match the city’s offer.
Westside Investment Partners and the Clayton Trust released a joint, brief statement Wednesday to set the record straight about the negotiations for the 155-acre plat.