FOR IMMEDIATE RELEASE
Plans call for the three-story medical office building to commence construction in the second quarter of 2018. (Rendering couretsy of National Healthcare Realty)
DENVER, COLORADO, December 6, 2017 – Lone Tree will again see more job creation when National Healthcare Development begins construction of an 80,000 square foot medical office building in 2018. The company has announced plans for a brand-new class A medical office building to be built at the entrance to the Sky Ridge Medical Center, an award winning and highly profitable HCA hospital campus in Douglas County that recently completed a successful expansion.
Plans call for the three-story medical office building to commence construction in the second quarter of 2018 and the developer expects the project to be completed in the summer of 2019. The project will be anchored by a top-rated orthopedic practice that serves patients throughout Colorado, in addition to other well-established specialists.
Medical practices from around the region continue to be drawn to the Lone Tree market as the city benefits from recent and continuing population growth and job creation efforts that have spurred an already healthy medical environment. Lone Tree, and Douglas County overall, offer some of the strongest demographics in the nation with over 80% of residents maintaining private health insurance and accessing medical services at least once annually.
“This is going to be the ideal building for medical practices that want to expand or relocate to Lone Tree and take advantage of a very dynamic healthcare ecosystem” said Jecoah Byrnes, CEO of National Healthcare Realty. “We are offering tenants the ability to have a premier campus-style location without all of the usual restrictions and complications they would typically encounter in a hospital-owned medical building”.
National Healthcare Realty has already secured leases with medical practices that see the long-term value of this location in the master-planned RidgeGate community and the easy access it offers physicians to the hospital and surrounding medical practices and referral sources in the area.
Patients also tend to gravitate towards convenience when choosing their physician or other medical services. “We will be easy to find at the doorstep to the main hospital campus” said Rick Needham, President of National Healthcare Development. “Not only will we be the most convenient option, but we are creating a project that offers great parking and really well deigned floor plans to make the patient and provider experiences exceptional.”
The developer has selected Boulder Associates, a renowned healthcare architectural firm, as the project architect. Additionally, they have awarded the construction contract to Fransen & Pittman, a highly respected local general contracting company. Both groups were selected because of their excellent background and track record of completing successful medical projects throughout Colorado.
About National Healthcare Realty & National Healthcare Development
National Healthcare Realty provides customized real estate solutions for healthcare providers and owners across the continuum of care. Our service offering includes leasing, site selection, and acquisition & disposition services. We create winning real estate strategies by leveraging strong industry resources and implementing unique healthcare market knowledge on behalf of our clients. Through our affiliate company, National Healthcare Development, we provide fully integrated healthcare development services for healthcare providers. We specialize in building different types of healthcare facilities including medical office buildings, hospitals, senior housing facilities, and post-acute rehabilitation centers. Find out more www.nhrd.com or (303) 390-1055.
Tiffany Byrnes | Senior Associate
National Healthcare Realty, Inc.
T +1 303 390 1055 | C +1 949 527 1179
tiffany.byrnes@nhrd.com | www.nhrd.com
CO License #100032778
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