By HFT Staff

Remedy Medical Properties and its partner Kayne Anderson Real Estate announced that the recently completed UCHealth Green Valley Ranch (GVR) Medical Center in Denver has been named winner of the Best New Medical Office Buildings and Other Outpatient Facilities (Less than 25,000 square feet) category in the 2024 HREI Insights Awards. 

Located at 5589 N. Argonne St., the Green Valley Ranch Medical Center is highly visible at a busy intersection near Tower Road and 56th Avenue and is designed to be instantly recognizable as a UCHealth property, using a palette of materials consistent with the health system’s other facilities. The new one-story, 12,170-square-foot medical office building (MOB) will house urgent care, primary care, imaging and physical therapy to serve the Gateway-Green Valley Ranch neighborhood’s rapidly growing population. 

The project faced multiple challenges in land acquisition and city approvals due to a large permit and review backlog caused by the pandemic. Remedy met these challenges head-on, leveraging its deep development expertise to keep the project on track. In collaboration with UCHealth and the City of Denver, Remedy secured the complex land purchase of the prominent site as well as all necessary entitlements. The development team proactively negotiated with adjacent property owners to resolve timing issues quickly and handled off-site cost-sharing and utility agreements with the land seller. Remedy expedited the shell completion in just seven and a half months, allowing UCHealth to start interior fit-out ahead of schedule to ensure the facility opens to patients in the spring as planned. 

Designed for efficiency and adaptability, the new MOB features eye-catching façades on nearly every elevation, and the entryway, marked by a large sweeping arch reminiscent of UCHealth’s logo, creates a memorable first impression. The unusual hexagonal footprint maximizes interior natural light and optimizes stunning Front Range views for physical therapy patients, while ensuring that no side of the building is the "back." The 1.18-acre property boasts 61 parking spaces. 

The HREI Insights Award was presented to Remedy during the Revista Medical Real Estate Investment Forum in Palm Beach Gardens, Florida. The award winners were selected by the HREI Editorial Advisory Board, which is comprised of a panel of experienced HRE executives.