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Real Estate Developers Clean Up Contaminated Properties to use for Affordable Housing, Health Centers

Charlie Woolley on Denver Channel 7

July 11, 2022

I

n northern Colorado, an old sugar mill has been sitting on a patch of land for more than a century. It’s been unused for 40 years. Dick Thomas is the owner.

“In 1982, the sugar company went bankrupt,” Thomas said. “And so we ended up with two buildings and no tenant.”

It’s become a historical relic that artists and vandals visit often.

“I resisted for many years the idea of just tearing the factory down and moving on,” Thomas said. “And we really have felt all along, especially my son and I, that it could be repurposed.”

Now, Thomas is working with real estate developer Charlie Woolley who specializes in historic preservation, to transform the space into something meaningful. Woolley is the founding president of St. Charles Town Company.

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