JA board approves Westside building purchase

Filed under: Daily News,Nonprofit | Tags:, , ,
Junior Achievement has an agreement to buy part of Goodwill’s  property on West Colorado Avenue.

Junior Achievement has an agreement to buy part of Goodwill’s property on West Colorado Avenue.

The organization’s board voted 39-2 this week in favor of purchasing the buildings at 2310 and 2320 W. Colorado Ave. for about $600,000 from Discover Goodwill.

JA of Southern Colorado is in its first phase of a capital campaign to raise $3.9 million to create its “Biztown” and “Finance Park,” a sprawling, interactive financial-education center that teaches students, 5th grade – high school, the importance of making good financial decisions throughout life.

The buildings, which total about 26,000 square feet, are west of the Goodwill retail store and across the street from the site of the proposed Kum & Go convenience store. They most recently housed Discover Goodwill’s administrative offices, which relocated to Garden of the Gods Road in February last year.

The El Paso County Assessor’s database lists the properties’ value at about $935,000.

Local JA President David Loose said the buildings’ price and high-profile location made the deal too good to pass up even though it is only in the initial phases of the capital campaign.

JA has had the building under contract for months and will now likely close on the deal within a few weeks.