The 12,170-square-foot medical office building will serve one of Denver’s fastest growing neighborhoods

Remedy Medical Properties and Kayne Anderson Real Estate recently completed the UCHealth Green Valley Ranch Medical Center, a 12,170-square-foot comprehensive urgent care and outpatient center in northeast Denver.
DENVER and CHICAGO, January 14, 2025 – A partnership of Remedy Medical Properties and Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, announced completion of the UCHealth Green Valley Ranch Medical Center in the northeast Denver neighborhood of Gateway-Green Valley Ranch (GVR), a master-planned community just minutes from Denver International Airport.
Located at 5589 N. Argonne St., the building is highly visible at a busy intersection near Tower Road and 56th Avenue, and is designed to be instantly recognizable as a UCHealth property, using a palette of materials consistent with the health system’s other facilities. The new one-story, 12,170-square-foot medical office building (MOB) will house urgent care, primary care, imaging and physical therapy to serve the area’s rapidly growing population. UCHealth expects the location to see its first patients in the spring.
“Remedy has developed a strong relationship with UCHealth through partnerships on a number of healthcare facilities throughout metro Denver,” said Jim Moylan, executive vice president and managing director of design and construction with Remedy. “As UCHealth neared lease expiration on their older facility in the submarket, the health system turned to Remedy to secure a new location for its urgent care and outpatient services that would better position them to cater to this diverse and growing community.”
Designed for efficiency and adaptability, the new MOB features prominent façades on nearly every elevation, capturing the attention of passing vehicles, pedestrians and patients approaching the building. The unusual hexagonal footprint maximizes interior natural light and optimizes stunning Front Range views for physical therapy patients, while ensuring that no side of the building is the “back.” The entryway, marked by a large sweeping arch reminiscent of UCHealth’s logo, creates a memorable first impression. The 1.18-acre property boasts 61 parking spaces. Its strategic location near Peña Boulevard and the I-70 interchange provides easy access for the surrounding communities.
However, the project faced multiple challenges in land acquisition and city approvals due to a large permit and review backlog caused by the pandemic. Remedy tackled these challenges head-on, leveraging its deep development expertise to keep the project on track. In collaboration with UCHealth and the City of Denver, Remedy secured the complex land purchase of the new MOB’s prominent site as well as all necessary entitlements. The development team proactively negotiated with adjacent property owners to resolve timing issues quickly, and handled off-site cost-sharing and utility agreements with the land seller.
Remedy expedited the shell completion in just seven and a half months, allowing UCHealth to start interior fit-out ahead of schedule to ensure the facility opens to patients in the spring as planned.
In addition to Remedy, the other experienced members of the Green Valley Ranch MOB project team were Davis Partnership Architects, civil engineer Kimley-Horn and general contractor Howell Construction.
“We couldn’t be happier with the team we assembled to make this project a success,” Moylan said. “Thanks to our proactive development approach, the facility was delivered on time and on budget, allowing UCHealth to provide the community with a conveniently located, state-of-the-art outpatient destination for urgent care, primary care, imaging and physical therapy.”
About Remedy Medical Properties
Remedy Medical Properties is a full-service healthcare real estate company and the largest private owner of medical properties in the country, with over 33 million square feet and 25 offices spanning 44 states. For healthcare decision-makers wanting to maximize the value of their real estate while enhancing their ability to adapt, Remedy offers unmatched flexibility and resources in ownership, development, leasing, management, and strategy. Our willingness to commit capital, share more risk, and offer greater foresight increases your resilience, profitability, and peace of mind. For more information visit www.RemedyMed.com.
About Kayne Anderson Real Estate
Kayne Anderson Real Estate is a leading real estate investment firm, managing approximately $16.8 billion in assets under management across opportunistic equity, core equity, and real estate debt, with sector expertise in medical office, seniors housing, off-campus student housing, multifamily housing, and self-storage. Kayne Anderson Real Estate is part of Kayne Anderson, a $36 billion alternative investment management firm with more than 40 years of successful experience across real estate, infrastructure, energy, and credit. For more information, visit www.kayneanderson.com/real-estate/. (As of September 30, 2024)
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Contacts:
Remedy Medical Properties: Tracy Hindman, EVP Brand & Marketing, 303-809-6395, thindman@remedymed.com
Kayne Anderson Real Estate: Jon Keehner / Erik Carlson, Joele Frank, Wilkinson Brimmer Katcher, 212-355-4449
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