As a trusted real estate partner for CommonSpirit Health’s expanding ambulatory footprint for over a decade, Boldt has collaborated with key stakeholders on multiple high-impact projects—including a cancer center, health and wellness facility, and medical office buildings.
In the Colorado market, Boldt’s longstanding partnership with CommonSpirit Health is built on a foundation of shared values, a flexible development approach, and access to competitive capital. Together, they’ve delivered projects that support CommonSpirit’s transition from a reactive sick-care model to a proactive, preventive care approach.
Boldt played a critical role in bringing this vision to life by leading strategic site assembly, fostering innovative partnerships, and supporting physician recruitment efforts—all while delivering projects on time and within budget in a highly competitive landscape.
CLIENT
CommonSpirit Health
(formerly Centura Health)
LOCATION
Colorado
BOLDT ROLE
Developer
MARKET
Healthcare
Key Projects
New Development
This 75,000 sq. ft. on-campus medical office building in Colorado Springs includes endoscopy services and an attached cancer center. Boldt 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 took on development and approvals risk to keep the project on schedule. Midway through, Boldt 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 12–18 months faster than originally planned. The facility includes imaging, lab, gastroenterology/endoscopy, otolaryngology, and allergy/immunology services.
New Development
St. Thomas More (STM) opened a new multi-specialty medical office building on its hospital campus in Canon City, Colorado. The goal for STM and CommonSpirit Health for the $12 million, 32,000 sq. ft. MOB was to increase access to health care and improve the overall patient experience for the Fremont County community. The St. Thomas More Hospital Medical Office Building was the third collaboration between CommonSpirit Health and Boldt, which serves as the owner/developer and property manager of the MOB
New Development
Boldt served as the owner and development partner for CommonSpirit Health’s Broadmoor Neighborhood Health Center located in Colorado Springs, Colorado. The building is an adaptation of CommonSpirit Health’s “health neighborhood model,” which delivers optimal health care value to the community by focusing on wellness and prevention. Boldt shares this vision of healthcare in the future with CommonSpirit Health and the organizations have partnered on numerous wellness centers. The Broadmoor Neighborhood Health Center is a $13.5 million, 32,000 sq. ft. building that includes occupational health, urgent care, primary care, an imaging center including MRI and CT, an orthopedic group, and a rehab center.
New Development
Boldt has teamed with CommonSpirit Health’s Penrose-St. Francis Health Services and The YMCA of the Pikes Peak Region to bring the Tri-Lakes Health Pavilion to Monument, Colorado. The $15 million, 50,000 sq. ft. medical office building is connected to the current YMCA through a shared atrium. The integrated health and wellness facility was born out of the desire for Penrose-St. Francis to have a partner in the northern part of their market. Boldt, as owner and developer, initiated contact with the YMCA and, through its participation in the Joint Operating Committee, facilitated the process of determining how the organizations would work together and share services in the building. The integrated facility allows providers to better manage the population’s health and well-being.
Healthcare Real Estate
Development & Investment
At Boldt, we’re more than a real estate partner—we’re your pathway to innovation and growth in healthcare. From development to acquisition, monetization to retrofitting, we bring deep expertise and a long-term commitment to every project. With flexible financing, transparent partnerships, and low-cost solutions, we help you create spaces that support care, innovation, and growth.