The Colorado Education Association may pack up school bags soon.
The state’s largest teachers’ union is seeking to sell the kitten corner of the Colorado State Capitol, which it has occupied for 30 years.
The four-story, 41,144-square-foot building at 1500 N. Grant St. has an asking price of US$6.9 million.
“We learned that we can adapt to our work in a flexible way,” said CEA President Amie Baca-Oehlert. This prompted the organization’s board of directors to decide to put the building on the market.
Baca-Oehlert, who was elected to her post in 2018, said the association doesn’t have a new office picked out, and is still determining what it wants in a new space. About 50 people generally work at the association headquarters.
“We will probably lease some things first,” she said.
CEA has approximately 39,000 members—mainly teachers, but also other professionals, such as school bus drivers, social workers, and nurses.
According to property records, the history of the 1500 Grant St. building can be traced back to 1976. The association moved in when it purchased the real estate for $750,000 in 1991. This website allows CEA to easily access the power halls of cities and states.
“It might have been something they considered at the time,” Baca-Oehlert said of the previous CEA leadership.
The banners currently posted on the first floor window are aimed at Colorado lawmakers, begging them to “fund education now!”
Benchmark Commercial Real Estate is marketing the property. According to marketing materials, in addition to the building, the property can also park 60 cars. Records show that the entire plot covers an area of 0.71 acres and can be divided into up to eight floors.
Elsewhere in the residential area, Mainspring, a Denver-based real estate company, is restoring a three-story office building at 1576 N. Sherman St.