Boulder Community Health / Broadway Campus Redevelopment
The City of Boulder has entered into an agreement to purchase 8.8 acres of property from Boulder Community Health (BCH), including the entire hospital campus site at 1100 Balsam Ave. (at the corner of Balsam Avenue and Broadway), as well as two properties on Alpine Street and two small properties on North Street. The purchase is expected to be finalized by the end of 2015 and will cost the city approximately $40 million. The project is funded through the issuance of Certificates of participation which will be repaid overtime with current revenues.
The BCH Broadway property is in close proximity to downtown and includes more than 355,000 square feet of existing building space, a three-story parking structure, and large surface parking areas. The buildings continue to house medical uses and related activities, although overall utilization of the property has been reduced significantly since BCH relocated its emergency room and acute care functions to its Foothills campus location. BCH expects to continue some operations on the Broadway campus for the next two years.
Status and Potential Next Steps
The final plans and redevelopment options for the site have yet to be determined, but the process of evaluating potential uses is now being scoped in conjunction with the Boulder Valley Comprehensive Plan Update. In order to ensure that site development aligns with the community’s goals and visions, City staff will facilitate a community engagement process which explores and evaluates site redevelopment options. Planning for this development project will be carefully managed to preserve the character of the adjacent residential neighborhoods, support adjacent retail centers, meet high priority community needs, and thoughtfully consider the projected impacts associated with the development.
Staff anticipates that the majority of the process could be completed in 2016, with implementation tools and actions completed shortly thereafter. Given that the site plays a major economic role in supporting area businesses, there is a strong desire to complete the planning process and potential rezoning in a timely manner.
Council Action will be determined by project timeline.
Executive Director of Planning, Housing and Sustainability David Driskell at 303-441-3452
Updates to the Boulder Community Health/Broadway campus redevelopment will be included in the Boulder Planning email newsletter.