$500,000 In Renovations But The Name, Sign, Bar And Booths Stay
Home to an eatery since 1946, the corner of Exposition and University first opened as the Bel-Air and switched names to the Campus Lounge in 1949. Former Denver University and NHL hockey player Jim Wiste bought the business and real estate in 1976. The restaurant is expected to reopen as early as this month under new ownership.
The sale of the Bonnie Brae landmark restaurant was announced to much fanfare with the last day of operation under the old ownership on September 25, but everything since that event has been shrouded in mystery, including who actually bought the business.
It was initially announced that a partnership led by St. Charles Town Company headed up by its president Charlie Woolley had acquired the Campus Lounge property along with fiction writer and vegan restaurateur Dan Landes. But a check of the real estate records by the Colorado Real Estate Journal showed that the property was, in fact, acquired by Exposition Avenue Properties LLC for $1.9 million with that entity headed by Wayne E. Barrett. Barrett is a vice president of ProLogic now headquartered in San Francisco but based in Denver until 2011.
“Wayne is an industrial real estate rock star,” Woolley told the Real Estate Journal. Barrett had hoped to remain anonymous in the Campus Lounge deal, Woolley explained. Furthermore, we’re told that Barrett is Woolley’s partner in another iconic restaurant, Wazee Lounge & Supper Club. Woolley bought the Wazee in 1997 but previously hadn’t disclosed Barrett was his partner. Since 1974 the Wazee Supper Club has been a landmark restaurant in Denver’s historic Lower Downtown district. Located at the intersection of 15th and Wazee Streets, it was founded by Angelo and Jim Karagas of My Brothers Bar fame.
In the case of Bonnie Brae’s Campus Lounge, Barrett had already put the deal together when he called Woolley to participate in it. “He really likes these cool, iconic places,” Woolley told the Colorado Real Estate Journal of Barrett. “He has a real passion for them.”
But they needed someone to actually run the restaurant. Woolley was then introduced to Landes by Todd Colletti, owner of the Buckhorn Exchange. The storied steakhouse — Denver’s oldest restaurant — is where mounted game gaze on dishes of yak, ostrich, elk and Rocky Mountain oysters.
The More Things Change — The More They Remain the Same
Opening under the same name — possibly as early as this month — the Campus Lounge is keeping the horseshoe bar, the booths plus the Campus Lounge sign. To continue the legacy of the Bonnie Brae eatery, the new owner is spending approximately $500,000 on renovation.
Woolley says the eatery will pay homage to the car
efree ambiance Jim Wiste created for the generation of families, patrons, and friends who frequented his beloved lounge.
Landes’ vegan restaurant City O’ City is doing well in Capitol Hill, and Landes reportedly wasn’t looking for another restaurant but the Campus Lounge seemed too good to overlook. “It’s got all of the elements — the right neighborhood and a big kitchen — to get a return on investment,” he believes.
Meet Campus Suspect
Landes’ reputation as a Denver touchstone began as a restaurateur when he founded WaterCourse Foods in 1998 and City, O’ City in 2006. His other lifelong passion is for literature that is always brewing just beneath the surface. In 2012 he released his debut novel, Joonie and the Great Harbinger Stampede, a creation myth about the birth of consciousness, told through the lives of prairie animals. He sta
rted his own publishing company, Suspect Press, in 2013 along with Brian Polk and Ken Arkind, and has published several of his own works since then.
The old Campus Lounge was famous for its burritos, burgers and beer. What the new menu will be is not yet revealed, but you can expect a full review of the revived restaurant in the next issue of the Glendale Cherry Creek Chronicle.
