Terms of St. Francis Hospital sale included donations to a nonprofit foundation

Pam Zubeck (Colorado Springs Independent)- Two years ago, the region’s most prolific developer, David Jenkins, bought the old St. Francis Hospital just east of downtown. It wasn’t a surprise, because Jenkins has been focused on invigorating the downtown area, and he saw the hospital as having potential for apartments.

But the purchase price was surprising: $50,000.

Click here to read the full story in the Colorado Springs Independent.