Posts

Medical Center Of The Rockies In Loveland, Colorado, Launches $280M Expansion

/in , /by

UCHealth officially broke ground on a major expansion project at Medical Center of the Rockies that is designed to help meet the growing health care needs of Northern Colorado.

A new tower is part of the expansion plan at Medical Center of the Rockies in Loveland. (PHOTO CREDIT:: UCHealth)

The project includes a new tower that will be built on the north side of the hospital, the creation of a cancer center, an expanded emergency department and additional imaging and cardiac spaces.

When complete, the project will increase the hospital’s bed capacity from 191 to 287 with room to grow up to 323 beds. Staffing will grow as well; UCHealth expects to hire more than 250 employees before the expansion opens.

“Northern Colorado has grown significantly since 2007, when MCR first opened its doors in Centerra,” said Kevin Unger, president and chief executive officer of the hospital. “We have proudly served our growing community here, and we are now thrilled to expand our facility and capacity to continue to meet the needs of our patients today and into the future.”

The cancer center is expected to begin seeing patients next year, and the new tower is expected to open in 2026.

The $280 million project will include:

  • A five-story tower that will house a surgical intensive care unit, a progressive care unit and a trauma surgical unit. The tower will also house a radiation oncology department that will feature high-dose radiation therapy, which patients currently travel to metro Denver to receive, and a linear accelerator.
  • The cancer center will feature a new gynecological oncology clinic, a medical oncology clinic and an infusion center.
  • The emergency department will expand to include 22 new patient-care rooms and a new entrance.
  • A new cardiac catheterization lab, a cardiac device lab, a structural heart lab and a vascular lab will be added to the south side of the existing hospital building.
  • Imaging will be expanded with additional CT, ultrasound and MRI services and an interventional radiology suite on the east side of the existing hospital building.
  • Parking will be expanded for patients and staff.

The expansion is part of the original plans for the campus to accommodate service growth over time. The new tower will be connected directly to the existing facility and carry forward its Northern Colorado design character.

Haselden Construction is the general contractor on the project and is supported by The S/L/A/M Collaborative, the architect; BHA Design Inc, the landscape architect; RMH Group, the mechanical, electrical and plumbing team; Olsson, the civil engineer; S.A. Miro, the structural engineer; and Gallun Snow, the interior designer.

 

Source: BizWest

All Children’s Hospital Will Be Centerpiece Of New Pasco Development

/in , , /by

Pasco County may soon be adding another major medical center as Johns Hopkins All Children’s Hospital has a contract to develop in the “connected city” area. Pasco commissioners approved the proposal Nov. 14.

The potential hospital site was originally envisioned as a large multifamily and retail area. But a new buyer stepped forward.

All Children’s is the second major specialty medical center to announce plans for opening a location in Pasco in the last couple of years. Moffitt Cancer Center is the anchor of another major development project in Central Pasco. Plans call for a 775-acre global innovation center focused on cancer care and research.

Known as the Wildcat Bailes project, the development including All Children’s Hospital stretches over 176 acres and includes 365,000 square feet of hospital space, 1,275 multifamily residences, 155,000 square feet of retail, 150,000 square feet of office space, 250,000 square feet of medical office space and 250 hotel rooms. The site is located east of Interstate 75 and north of Overpass Road.

The connected city area is a 7,800-acre swath of the county stretching from Wesley Chapel into eastern Pasco. When the Florida Legislature approved the pilot concept for Pasco eight years ago, one of the big draws was that it was supposed to feature a high-speed internet system to support businesses that locate there.

Roughly bordered by State Road 52 on the north, I-75 on the east, Overpass Road on the south and Curley Road on the west, the zone is expected to house 96,000 residents and 37,000 homes and produce 65,000 jobs over the next 50 years.

 

Source: Tampa Beacon

reit in yellow and black blocks_canstockphoto23713540 800x533

Demand For Healthcare Real Estate Investment Trusts To Get Boost

/in /by

U.S. healthcare real estate investment trusts recorded solid performance in the second quarter, with average funds from operations and same-store net operating income up 20.3% and 8.1%, respectively, year over year, according to a new report from Nareit.

Nareit is the US-based trade association for REITs and publicly traded real estate companies.

The sector is expected to continue performing well due to demand tailwinds such as the aging population in the country. In just over a decade, for the first time in U.S.history, people aged at least 65 years are expected to outnumber those under the age of 18, according to U.S. Census Bureau projections.

Healthcare REITs, which own senior living communities, hospitals, medical office buildings and skilled nursing facilities, comprise 8% of equity market capitalization as of the end of August.

The sector’s share in the FTSE Nareit All Equity REIT Index stood at 4.5%, surpassing the office sector’s share, the report said.

 

Source: S&P Global