High profile property at Federal Center in Lakewood finally gets a buyer after years of delay

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High profile property at Federal Center in Lakewood finally gets a buyer after years of delay
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A prominent piece of ground near the Federal Center in Lakewood has finally changed hands, purchased by a developer this month for $30 million after nearly a decade of on-again-off-again negotiation, a failed land swap and multiple court rulings

on its future.

“This has been a long process but GSA is hopeful this land will have a positive impact on the area, like the previous sale that brought the hospital and transit system which has been beneficial to the community,” said GSA spokesman Rich Stebbins, referring to another nearby plot ofthat is now home to Centura St. Anthony Hospital and a W-Line rail stop.

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