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— Health Care Properties Quarterly — April 2017
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by Jennifer Hayes
U
CHealth’s new facility at the
intersection of First Avenue
and Cook Street in Denver
will bring additional health
care options to meet the
need for high-quality health care in
Cherry Creek.
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 outpa-
tient surgery center, is being designed
and constructed through a partnership
with Brookhaven Capital Partners.
“Early last year, we identified signifi-
cant unmet demand for high-quality
health care in Cherry Creek,” said
Robert Jacobs, founder of Brookhaven
Capital Partners. “We conceived and
designed a world-class medical office
building to fit the neighborhood. 100
Cook addresses the key factors to suc-
cess in this urban location: premier
quality and construction, ample park-
ing and
convenience.Weare extremely
pleased to partner with UCHealth, a
leading-edge health care provider, to
lease our building.This will be our flag-
ship asset.”
“This new health center exemplifies
UCHealth’s vision for helping people
live extraordinary lives by provid-
ing advanced care, close to home,”
Elizabeth Concorida, president and
CEO of UCHealth, said in a statement
announcing the project.
Designed by Denver-based Davis
Partnership Architects, the building
will be built by Swinerton Builders.
Construction is expected to start in
June with completion in late 2018.
Dann Burke and Naum Nasif of CBRE
as well as Jeff Caldwell and Blake Hol-
comb of Pinnacle Real Estate Advisors
represented Brookhaven Capital Part-
ners in the new development transac-
tion.
Caldwell and Holcomb, Cherry Creek
market specialists, first recognized the
opportunity for development of the
First Avenue and Cook Street site. Once
the concept took form as a health care
project with Brookhaven at the helm,
Burke and Nasif, health care real estate
specialists, were brought on board to
devise and implement a strategy to
present the opportunity to a select list
of qualified prospective health care
users, including UCHealth.
“The fact that this project came
together the way it did is truly a testa-
ment to the quality of team,” added
Jacobs. “We had the expertise in place
to bring this idea to fruition and part-
nering with an exceptional organiza-
tion like UCHealth ensures that this
building will bring the value to the
community that we envisioned from
the start.”
Design of the facility includes special
attention to the alleviation of traffic
and parking concerns, with the con-
struction of 257 off-street parking spac-
es in a four-level underground parking
garage – resulting in one of the largest
parking ratios for any office building in
Cherry Creek. Additional valet services
will increase parking capacity to more
than 300 spaces.
The parking entrance off of Cook
Street is designed to keep traffic flow
out of the nearby residential neighbor-
hood – vehicles enter immediately
north of First Avenue and exit onto the
alley and back to First Avenue.
“We wanted to set a new standard
in design and architecture for Cherry
Creek,” commented Carl Luppens,
development partner of Brookhaven.
“We created a building that enhances
the neighborhood while addressing
the need for ample parking and traffic
flows.”
“Robert and Carl charged me with
setting a new standard for quality
architecture in Cherry Creek. I am very
proud that UCHealth recognized that
this elegant and innovative design
reflects their advanced level of patient-
centered medical care and their com-
mitment to patients and neighbors,”
said David Daniel, principal at Davis
Partnership.
s
UCHealth to help meet the need in Cherry CreekUCHealth’s five-story, 89,000-square-foot building was designed by Davis Partnership Architects and will be built by Swinerton
Builders.