The 88,000 SF facility brings expanded services to the residents
of Montrose and the Uncompahgre
Valley.
DENVER, May 9, 2024
/PRNewswire-PRWeb/ -- NexCore Group, a leading healthcare real
estate development, investment, and management company, and
Montrose Regional Health ("MRH"), celebrated the opening of a new
Ambulatory Care Center ("ACC") in Montrose, Colorado on April 25, 2024.
"NexCore Group is thrilled to have
partnered with Montrose Regional Health on this new Ambulatory Care
Center. Providing enhanced outpatient care to the Montrose community, eliminates the need for
patients to drive to Grand
Junction or Denver for
care"
The four-story, 88,000 square foot building will enhance and
increase much-needed patient care for the Western Colorado region, allowing residents to
stay at home and avoid long-distance travel for their
healthcare.
"Just because we're an independent hospital and we're on the
western slope and rural does not mean that we don't provide
high-quality care just as you see in the urban settings of
Denver, Salt Lake City, and Phoenix", commented Jeff Mengenhausen, CEO of MRH. "Our community
members don't need to leave for that high-quality care that we
provide right here within this building."
The new ACC features lab, imaging, and a women's imaging center
on the first floor, including the very latest in CT technology. The
hospital's Mountain View Therapy Clinic, Alpine Women's Centre and
Western Slope Orthopedics will occupy the 2nd floor. The outpatient
surgery center and the Spine and Pain Clinic will take up the 4th
floor and will open this fall. The Spine and Pain Clinic is
currently on the 2nd floor in the interim. The opening frees up
much-needed space at the main hospital campus.
The 3rd floor is exclusively leased to Cedar Point Health
("CPH"), the largest primary care provider group in the region.
Their vision and investment has been a driving force for the
project from the beginning. It became apparent though, to CPH CEO
Cory Phillips, that they needed
outside help to get this done and that's when NexCore got
involved.
"We don't know anything about developing a project like this; we
literally knew nothing", commented Phillips. "The thought which was
in place at the beginning was, do we start working with an
architect on our own or do we go out and investigate facilities?
Starting that relationship with NexCore, they had solutions for
every question we threw at them, and it made the process so much
easier."
"Working with NexCore and starting this four-story 88,000
square-foot ACC, it really gave us a state-of-the-art facility to
grow within, and we're full which is amazing", added Mengenhausen.
"It is really stepping up our game within the community."
Joining NexCore to deliver the project are architect TreanorHL
and general contractor Layton Construction. Debt financing is being
handled by Trustmark Bank, with primary equity provided by
Harrison Street. CPH, multiple
specialty physicians including Western Slope Orthopedics, and
NexCore are additional investors in the real estate. NexCore is the
owner of the ACC and has entered into a long-term lease with
MRH.
"NexCore Group is thrilled to have partnered with Montrose
Regional Health on this new Ambulatory Care Center. Providing
enhanced outpatient care to the Montrose community, eliminates the need for
patients to drive to Grand
Junction or Denver for
care," says Jarrod Daddis, President
of NexCore Group. "It's moments like these that remind me why we're
in this business - to invest in communities, support healthcare
innovation, and improve lives."
To view a video of the project and the grand opening, visit this
link:
Montrose Regional Health Grand Opening Video
About NexCore Group LLC
NexCore Group LLC is a national healthcare real estate
investment and development company that focuses on acquiring,
developing, owning, and managing purpose-built facilities for
medical, science and technology, and senior living. Since its
founding in 2004, NexCore has successfully completed over
$5.7 billion in real estate
transactions throughout 29 states, developed and acquired over 16
million square feet of medical, science, and senior living
communities, and currently manages over $3.3
billion in assets spanning 7.6 million square feet. NexCore
is headquartered in Denver, with
regional offices in Dallas,
Phoenix, and Los Angeles.
Media Contact
Laura Larson, NexCore Group, 1
7209851768, laura.larson@nexcoregroup.com,
www.nexcoregroup.com
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SOURCE NexCore Group