ARCHIVED  May 14, 2004

Weld County?s ?white elephants? sit and wait

GREELEY — They?re known as ?white elephants,? a term the American Heritage College Dictionary defines as ?a rare expensive possession that is a financial burden to maintain.?
It?s also a term used in the commercial real estate industry to describe a building that is hard to sell because of its size or because it was perfectly adapted for its original purpose but difficult to adapt for any other.
In Weld County, mention ?white elephant? among real estate insiders, and the conversation turns to the former Hewlett-Packard Co. complex in west Greeley, the former State Farm headquarters in Evans, the former…

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