HEALTHCARE REALTY TRUST, LADCO TEAMING TO DEVELOP 200,000 S.F. PROJECT
By John Mugford
Plans call for Healthcare Realty Trust Inc. and Ladco Development Inc. to develop two medical office buildings to flank the new St. Anthony Hospital on a $500 million, 25-acre medical campus in Lakewood, Colo.
Rendering courtesy of Earl Swensson Associates
After a change of developers, a two-building medical office complex is once again on track at the site of the future St. Anthony Medical Campus in Lakewood, Colo.
Nashville, Tenn.-based Healthcare Realty Trust Inc. (NYSE: HR) and West Des Moines, Iowa-based Ladco Development Inc. have signed an agreement to co-develop the $55 million to $60 million medical office building (MOB) project and structured parking facility in the suburb southwest of Denver.
Healthcare Realty Trust, a publicly traded healthcare real estate investment trust (REIT), said in a filing with the U.S. Securities and Exchange Commission (SEC) that it plans to invest $55 million in the project.
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