Mortenson Completes MOB at Candelas Community
A new 43,732-square-foot Class A medical office building is now open at the intersection of West 91st Place and Candelas Parkway in Arvada. The facility, anchored by SCL Health, will serve the growing Candelas master-planned community, providing convenient access to primary care physicians in a high-growth area of Arvada.
Mortenson Development, Inc., partnered with Seavest Healthcare Properties, LLC, in a joint venture to develop the new two-story facility, designed by Davis Partnership Architects. Abby Waner Bartolotta, vice president, Healthcare Real Estate for Jones Lang LaSalle (JLL) is the lead broker representing the owner for the project. SCL will occupy half of the building providing primary care services while the remaining portion is targeted to healthcare specialists.
“Healthcare delivery methods and consumer preferences are evolving rapidly, and access to quality care in our communities has never been more important,” said Taber Sweet, director of real estate development at Mortenson in Denver. “Despite all the challenges of the past year, our development and construction teams have managed to keep this vital project on track for delivery to the Candelas community. We’re proud to once again be working with SCL Health to bring a next-generation healthcare facility to Colorado.”
Since 2012, Mortenson has completed nearly 700,000 square feet of the healthcare space in Denver, including more than 40 projects with SCL Health. SCL Health provides coordinated care through eight hospitals and more than 150 physician clinics, home health, hospice, and mental health and safety-net programs primarily in Colorado and Montana.
The Candelas facility is the first project in which Mortenson acted as a developer/owner for the nonprofit healthcare organization. Mortenson was additionally responsible for site planning and design services for the development, including managing all entitlements and city approvals.
“We are pleased with the progress on our new Candelas facility and look forward to continuing to expand SCL Health’s network of care here in Colorado,” said Steve Chyung, senior vice president with SCL Health. “This facility is delivering safe, high-quality, effective care to every patient, every time.
Mortenson partnered with Seavest in a joint venture to develop the project. Seavest is a sector-specific investor focused on investing in medical office buildings and outpatient facilities of all types that are strategic to health systems. Seavest has been a recognized owner and manager of these critical assets for more than 30 years. “Working with Mortenson has been a seamless exercise,” says Kurt Hackett, Vice President of Seavest. “We appreciate the deep knowledge and strong execution capabilities of the Mortenson team.”