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INSIDE

by Jennifer Hayes

The next development piece of the

Downtown Superior master-planned

project is underway.

Sawtooth Development Group broke

ground April 4 on Superior Medical,

a four-story, 60,000-square-foot mul-

titenant medical office building at

Three Superior Drive in the Superior

Town Center in Superior.

The project is adjacent to the Sports

Stable, a 150,000-sf indoor sports facil-

ity, which includes 2 ½ indoor hockey

rinks and three indoor soccer fields.

“The reason for this project really

was Dr. Hsin, he was the visionary

behind this,” explained Matt Scoggins,

project manager of Sawtooth Develop-

ment Group. “Given the Sports Stable

being right there and the anticipated

1 ½ million people coming in and out

of there every year playing everything

from pickleball to lacrosse to hockey,

he thought it would be a synergistic

opportunity to bring in that kind of

medical backstop for support.”

Hsin is a physician at Cornerstone

Orthopedic, which runs its Impact

Sports, a sports performance and

physical therapy facility, in the Sports

Stable. Cornerstone Orthopedic also

is one of the announced tenants at

Superior Medical.

Boulder Community Health, which

will offer urgent care and primary

care, and Touchstone Imaging also are

tenants in Superior Medical, which is

50 percent leased.

“I think we’re very confident about

what we are providing for the market-

place,” added Scoggins. “We’re excited

about the traction that we’ve got and

since the groundbreaking we’ve had

a really nice increase in activity in the

project.

“It’s been very well received and we

couldn’t be happier,” he added.

Newmark Grubb Knight Frank’s John

Gustafson is handling the leasing and

marketing of Superior Medical, sched-

uled to deliver in December. The third

and fourth floors are available for

lease at Superior Medical, which has

space available from 1,500 to 28,343 sf.

Quoted lease rates are $25 per sf triple

net.

Intergroup Architects designed the

medical facility for which DSP Build-

ers Inc. is the contractor. Superior

Medical also features a four-story

attached parking garage.

Superior Medical represents Saw-

tooth Development’s first project

in the Colorado market. Sawtooth

Development specializes in designing,

developing, managing and selling or

leasing residential, mixed-use, office,

university, retail and industrial proj-

ects throughout theWestern United

States, including medical office build-

ings for the University of St. Augus-

tine.

Pacific Medical Buildings is the

development manager.

The MOB is the next significant

development component at the 157-

acre Downtown Superior project,

which includes the Superior Town

Center.

At completion, Downtown Supe-

rior will comprise up to 440,000 sf of

commercial space, a 150,000-sf sports

center, two hotels totaling 500 rooms

and 1,400 homes. Ranch Capital is the

master developer of Downtown Supe-

rior, situated at the southeast corner

of McCaslin Boulevard and U.S. 36.

s

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The four-story, 60,000-square-foot Superior Medical building is 50 percent leased to tenants including Boulder Community Health, Cornerstone Orthopedic and Touchstone Imaging.

April 2017 Construction starts on ‘synergistic’ Superior Medical office building

Breaking

ground