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7-20-23 Villager

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VOLUME 41 • NUMBER 34 • JULY 20, 2023

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GV will be the headquarters of Colorado Health & Tech Centers

“Colorado is now eighth in the nation in biotechnology” – Afshin Safavi, Ph.D.

5800 S. Quebec Street BY FREDA MIKLIN STAFF WRITER

Afshin Safavi, Ph.D., is a biological scientist and serial entrepreneur who recently completed a four-year term on the Cherry Hills Village City Council. His newest project is Colorado Health & Tech Centers (CHTC), which he envisions as eventually having ten locations around the state where primary care medi-

cine, biotechnology research, biomanufacturing, and technology/artificial intelligence (AI) co-exist in a synergistic and collaborative workspace. Safavi told The Villager, “Primary care doctors have great ideas because they see patients every day. Working close by researchers will lead to innovations in the areas of medicine where they are most needed.” He believes the I-25 corridor, in proximity to hospitals, is the optimal location for CHTC sites. Safavi also believes that post-COVID, “People don’t

want to live far away from their work sites and companies are willing to have two or three locations to attract the best talent. Attracting and retaining top talent is one of the biggest challenges employers face. That is why I plan to build smaller campuses all around Colorado.” He continued, “With minimal advertising, Colorado is now eighth in the nation in biotechnology,” which he explained is, “the use of biologics, which he told us includes human cells, animal cells, bacteria, viruses,

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and yeast, and technology to create the next generation of medicine.” Safavi first purchased five locations, including some buildings and some raw land, in Denver, Aurora (near Fitzsimmons Innovation Campus), and Colorado Springs, where he planned to build the first CHTC locations. Before he got started, he heard about a four-story, vacant 164,000-square foot Class-A building in Greenwood Village that was headed to auction. Located on 6.24 acres at 5800 S. Quebec Street, it

Do you remember when …

was built in 1980 and renovated in 1998. The owners had purchased it in 2013 for $27 million. Safavi thought the building might be a great location for CHTC. When the auction did not produce a buyer, he worked with the selling broker and eventually acquired the property for the unexpected price of $5 million. It was only after he bought the building, Safavi told us, he found out that, in addition to the 700 parking spots that Continued on page 5

every bank was a community bank? a family owned the local bank? you loved your bank? Please come see us to experience a better bank better life. Berkley Bank is part of a fourth-generation family-owned and operated community bank. Berkley Bank is the Colorado tradename for the State Bank of Downs, which was chartered

1892 in Downs, Kansas.

May 1920 State Bank of Downs

Phone: 303-770-0361 • www.berkleybank.com 7887 East Belleview Avenue, Suite 100 Englewood, CO 80111


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