Vail Valley Medical Center buys WestStar Bank building
Vail Valley Medical Center has announced it has purchased, for an undisclosed price, the adjacent WestStar Bank building in Vail.
Acquisition of the property will enable the hospital to pursue the second phase of its expansion. The hospital cannot add more space until it creates access for emergency and other vehicles from the South Frontage Road, removing them from Meadow Drive, said Russ Forrest, Vail’s community development director.
“We’re excited to strengthen our main campus position in Vail,” said Ed O’Brien, chairman of the hospital board. “We’ve grown with Vail and we are enthusiastic about Vail’s revitalization efforts. Securing adjacent property is key to our future evolution and contribution to the community.”
The hospital’s chief executive, Tom Zellers, said the WestStar Building will retain the same name and its dozen or so tenants – which include Vail Summit Orthopedics and Sports Medicine, the Denver Cardiology Group and the Steadman Hawkins Foundation – will continue to occupy their spaces.
The second phase of the hospital’s development will include a parking structure, Frontage Road access and new hospital space. The hospital and the nearby Evergreen Lodge had at one time discussed a land exchange that would have given the hospital access to the Frontage Road, but that exchange was not consummated.
The new deal gives them that and also plenty of additional space – 25,000 square feet.
“It definitely gives them some new alternatives,” said Forrest.
Cliff Thompson can be reached via e-mail at: firstname.lastname@example.org or by calling 949-0555 ext. 450.