St. Peregrine Pavilion & Cancer Center
This 75,000 sq. ft. on-campus medical office building in Colorado Springs includes endoscopy services and an attached cancer center. Boldt Real Estate was selected as the owner and development partner following a competitive RFP led by CommonSpirit Health, thanks to its favorable cost of capital and collaborative approach. To meet an accelerated timeline for bringing a key endoscopy partner to campus, Boldt Real Estate took on development and approvals risk to keep the project on schedule. Midway through, Boldt Real Estate adapted the plan to include a state-of-the-art cancer center, leveraging its ability to amend the existing PUD and expedite delivery—bringing the cancer center online 12 to18 months faster than originally planned. The facility includes imaging, lab, gastroenterology/endoscopy, otolaryngology and allergy/immunology services.
Colorado Springs, Colorado
RTA
Developer
New Construction
75,000 SF
Project Highlights
- By utilizing Boldt Real Estate’s aggressive cost of capital and ability to amend the existing planned urban development (PUD), the client was able to add the cancer center program into the medical office building through a cancer center annex and bring the cancer center program online 12 – 18 months faster than otherwise would have been possible.c
