The undertaking involves a 25,000-sf, 12-screen theater that had been closed last year by Kansas City, KS-based AMC Theatre. The structure is located on the Auraria college campus at the edge of the CBD.

AMC had operated a movie house in the historic Tivoli complex on the Auraria campus since the mid-1980s. The building now primarily serves as a student union for the campus that includes students from the University of Colorado at Denver, Metropolitan State College and Community College of Denver.

Plans call for the building to be renovated into three theaters--each with about 400 seats in a stadium-seating design--or be razed to make way for a new structure. The new center will provide classrooms and training, not only for University of Colorado students, but also students from kindergarten to 12th grade.