Neighborhood outpatient center housing Memorial Hospital after-hours clinic, imaging, PT/OT, and lab.
The principals of NexCore Group collaborated with Memorial Health System's medical planner on a 15-acre campus plan that included a new specialty care hospital, outpatient services, and physician medical office space. A turnkey financing structure allowed the city-owned health system to expedite its strategy in a competitive environment, completing the 61,500 SF Briargate Medical Building in less than one year. The principals of NexCore worked with the health system to develop a physician recruitment plan, negotiate leases with physician tenants, fast-track land entitlements, modify existing covenants, secure cross-access easements and utility phasing plans, and procure the construction debt. The building was delivered turnkey to Memorial Health System upon completion. In 2007, the system’s strategy shifted and NexCore acquired the Briargate Medical Building as well as the system’s 231,920 SF Printers Park Medical Plaza.
Memorial Health System
8890 North Union Boulevard, Colorado Springs, CO, 80920
61,500 SF
October 2007
Acquisition
Gary Flasburg, Chief Financial Officer