St. Anthony Hospital Enters Contract to Sell Former Denver Campus
DENVER, Colo. (June 19, 2012) St. Anthony Hospital announced today that it has entered into an agreement with EnviroFinance Group, LLC, for the purchase and sale of the former St. Anthony Central Hospital Campus. The project will be managed by EFG Brownfield Partners, the Denver-based development arm of EnviroFinance Group. St. Anthony Hospital opened its new hospital in Lakewood on June 17, 2011, and had been working with Romani Group, a local development management and owner representative group to identify a buyer for the 18.85-acre property. The announcement follows a six-month period of exclusive negotiations between St. Anthony Hospital and EnviroFinance Group.
The agreement provides for redevelopment of the campus while preserving uninterrupted medical services provided to the community. The new St. Anthony Sloans Lake Health Center will provide primary care, urgent care, radiology (X-ray) and community health education in the Raleigh Medical Building, 4200 W. Conejos Place #134. Primary care services are currently available at the St. Anthony Sloans Lake Health Center, with urgent care services to begin June 25. Radiology services will be added in July.
"As part of St. Anthony's 119-year history on the property, we made a commitment to the community that we would maintain a medical presence on the campus, said Jeff Brickman, president and CEO, St. Anthony Hospital. The opening of St. Anthony Sloans Lake Health Center fulfills that commitment and our strategic focus on meeting the ongoing health care needs of our community.
According to EFG Brownfield Partners, redevelopment plans previously shared with area neighborhood groups call for a largely residential mixed-use neighborhood providing a variety of housing types and neighborhood retail services that blend with the unique Sloans Lake neighborhoods. In 2010, the property was rezoned for medium to high density, mixed-use development. More detailed plans are expected to evolve following continued engagement with neighborhood groups and the City of Denver. EFG Brownfield Partners will continue community outreach, site planning and due diligence efforts for the campus located across from Denvers Sloans Lake Park in the Sloans Lake and West Colfax neighborhoods, with a closing expected in early 2013.
Weve received very positive feedback from area residents, the city and the broader development community about the residential and commercial mixed-use development possibilities on this property," said EnviroFinance Group Executive Vice President, Doug Elenowitz."Were thrilled to be moving forward with what we hope will be yet another great Denver infill neighborhood.
The City of Denver is excited about the new opportunities that this redevelopment presents for the Sloans Lake and West Colfax neighborhoods, while preserving uninterrupted medical services for the community, Denver Mayor Michael B. Hancock said. The City applauds St. Anthony, EFG Brownfield and their partners dedication to our neighborhoods and thanks them for helping to deliver a world-class city where everyone matters.
Its been great to see the community directly engaged by the city and the developer, on what the future holds for the site, said area Denver City Councilwoman Susan Shepherd. I think folks are excited to see things moving ahead.
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About St. Anthony Hospital
St. Anthony Hospital is nationally recognized for its renowned programs in trauma, cardiovascular services, oncology, neurosciences and orthopedics. St. Anthony Hospitals expert team of physicians, nurses and other caregivers provide unparalleled medical care for patients and access to the latest in medical technology. St. Anthony Hospital is part of Centura Health, Colorados largest hospital and health care network. For more information on the St. Anthony Medical Campus, please visit www.stanthonyhosp.org or follow the hospital via Twitter @stahospital and facebook.com/stahospital
About EnviroFinance Group
EnviroFinance Group, LLC, doing business as EFG Brownfield Partners, is a principal developer of brownfield and urban infill redevelopment projects across the United States. Guided by strategies of socially responsible land use and development practices, EFG Brownfield Partners works in collaboration with local, state, and Federal government, community groups, and private developers to align stakeholder interests to create positive changes to communities. For more information please visit www.efg-bp.com.