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NexCore Group Breaks Ground on Montrose Ambulatory Care Center

DENVER, CO — Health care real estate investment and development company, NexCore Group, has begun preliminary groundwork at the site of a new Ambulatory Care Center (ACC) in Montrose, Colorado. The project is moving forward in partnership with Montrose Regional Health (MRH), a nonprofit health care system serving Montrose, San Miguel, Ouray, Gunnison, Delta, Hinsdale, and San Juan counties and the region's largest primary care provider, Cedar Point Health, and will be located near the intersection of Townsend and Rio Grande Avenue. The projected grand opening is the fourth quarter of 2023.

"At NexCore, we bring national health care expertise to each project, complemented by local insight," said Todd Varney, NexCore Chief Development Officer and Managing Partner. "When we have the opportunity to work on a project in our own backyard, it makes it even more memorable. The Ambulatory Care Center in Montrose will bring new providers and new services to this rural community in Colorado and support growth in the region. We know MRH has outgrown its current footprint and this will address the need for great access and more affordable care."

In an effort to remain competitive, Montrose Regional Health knew they had to do something. "We have to expand into an ambulatory care center, but we also have to take care of the hospital campus," said Montrose Regional Health CEO, Jeff Mengenhausen. "We needed a strong partner, and that's where NexCore came into that role to help us achieve, not only the ambulatory care center from a financial standpoint, but also allowing us to make big changes on the hospital campus."

NexCore will lease the land from the hospital and, when complete, the building will be 65 feet tall, four stories, and 80,000 square feet. NexCore is working with TreanorHL as the project architect and Layton Construction as the general contractor. The new ACC will increase access to care, housing, and various services on the western slope including outpatient laboratory, physical therapy, ambulatory surgery, specialty care, medical imaging, and more. Women's health care will also be a primary focus with dedicated support for mammography and women's imaging.

"Organizing the delivery of care into a coordinated and integrated system resulting in a comprehensive medical office building is the goal of this ACC in Montrose," said Jim Hartmann, NexCore Senior Vice President of Real Estate Development. "Housing specialties under one roof will slow out-migration of services so area residents can receive quality care close to home."

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