Popular summer festival The Big Wonderful will kick off its third season next weekend at Sustainability Park at 25th and Lawrence, but the land won’t be available for fun and festivities much longer.

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Denver-based Curtis Park Group has purchased the two-block Sustainability Park property from Denver Housing Authority and will begin construction this summer on a multi-phase, for-sale residential development with an affordable housing component.

The first phase of S*Park will feature 91 condominiums and eight townhomes on the southernmost block at 25th and Lawrence, said Clem Rinehart, owner of TreeHouse Brokerage and Development, the exclusive broker on the project.

Condos will start in the high $200,000s for a studio and go up from there. The largest units are three bedrooms. Townhomes will be three- to four-stories and feature private yards and rooftop terraces.

“Working with the team at The Big Wonderful has been a fantastic opportunity to engage and support the community utilizing the vacant land that would have otherwise remained unused until S*Park’s June 2016 groundbreaking,” Rinehart said in a statement Friday. “With S*Park, we hope to build a community similar to that created by The Big Wonderful, with residents of all ages interacting and enjoying everything that the burgeoning Curtis Park and RiNo neighborhoods have to offer.”

The Big Wonderful last year announced it would move to the new Stanley Marketplace development in Aurora to make way for the coming housing project.

The weekly festival, which features food trucks, local vendors, a beer garden and music, will begin its season at Sustainability Park on May 6-8 and May 14 before cycling between four metro area locations throughout the summer: Stanley Marketplace, Geneva Park in downtown Littleton, Mile High Station in Denver’s Sun Valley neighborhood and the 16th Street Mall.

One last event at Sustainability Park is scheduled for June 11 , organizers said Friday.

Sales at the eco-friendly housing development will likely start in July, Rinehart said.