FORT COLLINS, Colo. (CBS4) — Colorado State University has agreed to sell the property which once housed Hughes Stadium for $10 million. The property will be developed in to at least 600, and no more than 700, family homes.

CSU’s Board of Governors selected Lennar Colorado, LLC, to develop the 161 acre property in western Fort Collins. CSU cited Lennar’s openness to creating affordable housing as a contributing factor to their selection.

Hughes Stadium (credit: CBS)

In a release, CSU’s staff said the neighborhoods on the property would be completed in the next five years.

(credit: CBS)

Prior to the sale agreement, CSU paid more than $4.2 million toward demolition of the stadium, and reclamation. Today, the property shows no sign of the once-iconic 50-year-old bowl.

(credit: CBS)

CSU demolished Hughes Stadium after completing a brand new on-campus stadium, which was completed in 2017.

Dillon Thomas

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s