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The University of Denver has demolished one of the oldest residence buildings it owns.

DU discovered renovating the 1960-era Cavalier Apartments would be seven times more expensive than demolishing it, said Spokeswoman Theresa Ahrens.

The last round of students moved out in June, and demo work started in November.

Ahrens said DU decided to demolish Cavalier, a 30-bed upperclassmen dormitory, after a study by the school found repairs would cost more than $4 million.

The demolition by Earth Services and Abatement had a budget of $531,000, Ahrens said.

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