An industrial part of Arvada is being acquired by a university and will be reshaped into a quantum technology hub over the next 18 months by a regional partnership backed by federal funds.

The transformation will take place on 70 acres at 18300 State Highway 72 in the western metro-area suburbs.

Colorado School of Mines purchased the industrial property a month ago for about $14 million, university President Paul Johnson told the Denver Business Journal.

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