MileHighCRE-PNG

SCL Health Anchored Facility Tops Out

Given the rapid growth in the Candelas master-planned community in Arvada, there is a strong need for additional nearby healthcare services. To meet this demand, Mortenson Development, Inc. has topped out on a new 43,732-square-foot Class A medical office building for SCL Health, at the intersection of West 91st Place and Candelas Parkway.

“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 with Mortenson Development, Inc. 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 this summer.We’re proud to once again be partnering with SCL Health to bring a next-generation healthcare facility to Colorado.”

The new two-story facility, designed by Davis Partnership Architects, broke ground in July 2020. Once complete, the facility will provide convenient access to primary care physicians in the rapidly growing Candelas master-planned community.

Since 2012, Mortenson Development, Inc. has partnered on the development of nearly 700,000 square feet in the healthcare space, including more than 40 projects with SCL Health. SCL Health provides coordinated care through eight hospitals, more than 150 physician clinics, and home health, hospice and mental health and safety-net services primarily in Colorado and Montana. The Candelas facility is the first project on which Mortenson will act 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.

“This is an important location for us,” said Steve Chyung, senior vice president with SCL Health. “Our new Candelas facility sits nearly equidistance between our Lutheran and Good Samaritan Medical Centers. Given the rapid growth in this area, we recognized the need to bring additional healthcare services to this part of the community. We’re pleased with the progress on this facility and look forward to continuing to expand SCH Health’s network of care here in Colorado.”

Mortenson partnered with Seavest Healthcare Properties, LLC 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 hospitals. Seavest has been a recognized owner and manager of these critical assets for more than 30 years.

Photo courtesy of Mortenson

 

Related Posts

Scroll to Top