UCHealth’s new facility at the intersection of First Avenue and Cook Street in Denver will provide additional healthcare options to meet Cherry Creek’s need for quality healthcare.
The five-story, 89,000-square-foot building, which will offer primary and advanced care, including cancer care, women’s care, additional specialties, state-of-the-art imaging and an ambulatory surgery center, is currently being planned and constructed in partnership with Brookhaven Capital Partners.
“Early last year we identified significant unmet demand for quality healthcare in Cherry Creek,” said Robert Jacobs, founder of Brookhaven Capital Partners. “We conceived and designed a premier medical office building that fits in with the neighborhood. 100 Cook addresses the key factors for success in this urban location: premium quality and construction, ample parking and convenience. We are very excited to partner with UCHealth, a leading healthcare provider, to lease our building. That will be our flagship.”
“This new health center exemplifies UCHealth’s vision of helping people live extraordinary lives by providing advanced care close to home,” said Elizabeth Concorida, President and CEO of UCHealth, in a statement announcing the project .
Designed by Denver-based Davis Partnership Architects, the building will be built by Swinnerton Builders. Construction is scheduled to start in June and be completed by the end of 2018.
Dann Burke and Naum Nasif of CBRE and Jeff Caldwell and Blake Holcomb of Pinnacle Real Estate Advisors represented Brookhaven Capital Partners on the new development transaction.
Caldwell and Holcomb, Cherry Creek’s market specialists, were the first to recognize the opportunity to develop the First Avenue and Cook Street locations. Once the concept took shape as a healthcare project with Brookhaven at the helm, healthcare real estate specialists Burke and Nasif were brought on board to develop and execute a strategy to present the opportunity to a select list of qualified potential healthcare users, including UCHealth.
“The fact that this project came about is really a testament to the quality of the team,” added Jacobs. “We had the expertise to bring this idea to life, and partnering with an extraordinary organization like UCHealth ensures that this building will bring to the community the value we envisioned from the start.”
Special attention was paid to the design of the facility to reduce traffic and parking problems, with the construction of 257 off-street parking spaces in a four-story underground garage – resulting in one of the largest parking ratios of any office building in Cherry Creek. Additional valet services increase the parking capacity to over 300 spaces.
The parking lot entrance on Cook Street is designed to keep traffic flow out of the nearby residential area – vehicles enter immediately north of First Avenue and proceed onto the alley and back onto First Avenue.
“We wanted to set a new standard in design and architecture for Cherry Creek,” commented Carl Luppens, development partner at Brookhaven. “We have created a building that adds value to the neighborhood while addressing the need for ample parking and traffic flows.”
“Robert and Carl hired me to set a new standard for quality architecture at Cherry Creek. I am very proud that UCHealth recognized that this elegant and innovative design reflected their advanced level of patient-centric medical care and their commitment to patients and neighbors,” said David Daniel, Director at Davis Partnership.
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