A Transformational Opportunity
In December 2015, the City of Boulder purchased 8.8-acres of property from Boulder Community Health. The properties include the entire hospital campus site at 1100 Balsam Ave. (the corner of Balsam Avenue and Broadway), as well as two properties on Alpine Avenue and two small properties on North Street. The agreed upon purchase price was $40 million.
At the same time when the city purchased the property, the city also leased part of the 8.8 acres back to BCH for continued use. The lease, which now extends to May 31, 2019, will enable BCH to continue providing services to the community as construction at its Foothills campus is completed. BCH currently occupies the main hospital building, medical pavilion, surface parking lots and a portion of the parking garage. The building space is used for inpatient mental health, physical rehabilitation and hospice; adult and pediatric outpatient rehabilitation; outpatient mental health; neurology; internal medicine; pulmonology; and support services.
History of the site
These drop-down menus are home to informational resources about the Alpine-Balsam site and nearby area.
BCH Broadway Videos
This video is a segment from the September 2, 2016 episode of Inside Boulder News. For more Inside Boulder visit www.BoulderChannel8.com
This video is a segment from the July 22, 2016 episode of Inside Boulder News. For more Inside Boulder visit www.BoulderChannel8.com
This video is a segment from the December 11, 2015 episode of Inside Boulder News. For more Inside Boulder visit www.BoulderChannel8.com
This video is a segment from the November 6, 2015 episode of Inside Boulder. For more Inside Boulder visit www.BoulderChannel8.com
This video is a segment from the July 17, 2015 episode of Inside Boulder News. For more Inside Boulder News visit BoulderChannel8.com
Learn about City Council's role in the decision to move forward on the acquisition of the Boulder Community Hospital campus. The drop-down menu below lists City Council documents about the BCH acquisition process, including study session memos, ordinances and meeting minutes. Links are also available below to video of the City Council meetings and Channel 8 news stories related to the BCH acquisition.
|6/16/2015||City Council Study Session||City Council Agenda item first discussing the Boulder Community Hospital option. The Boulder Civic Area team sought direction from Council Members on whether the City of Boulder should submit a bid to acquire the BCH site on Broadway and Balsam. Council Members advised staff to submit an initial offer by the June 30th deadline.|
|7/14/2015||City Council Special Session|
|8/27/2015||City Council Special Session||Discussion of Boulder Community Health Phase I Environmental Assessment at beginning of Boulder City Council Special Session. Members gave the City Attorney the authority to negotiate a extension with Boulder Community Health on the $3 million earnest money deadline. The city needs the additional time to complete environmental assessments at the BCH campus site. This extension does NOT effect the timetable to complete the purchase transaction by mid-December.|
|9/15/2015||City Council Meeting||The Boulder City Council authorized the sale of up to $41 million in certificates of participation to use towards the final purchase of the Boulder Community Health/Broadway Campus purchase and redevelopment.|
|11/15/16||This memo provides an update on all three aspect of the Alpine Balsam project, highlights their inter-relationships and timing, and receives council feedback on key findings, recommendations and planned next steps for the remainder of 2016 and 2017.|
Why the City of Boulder purchased the site
The city purchased the site for several reasons. First, the site is important to the community and a rare opportunity to help ensure that future redevelopment fits the community’s vision and goals. In addition, the site offers a key opportunity to create a consolidated customer service center that will co-locate key city services, improving access and better serving the community.
Which properties are included in the purchase?
Altogether, the properties represent approximately 8.8 acres of land area; over 355,000 square feet of existing building space; and a four-story parking structure as well as large surface parking areas. The properties include the hospital building and other nearby structures. A total of five of the property sites are involved in the sale. By address, these sites include 1155 Alpine Ave., 2655 Broadway St., 1136 Alpine Ave., 1125 North St. and 1135 North St. The buildings continue to house medical uses and related activities, although overall utilization of the property has been reduced since BCH relocated its emergency room and acute care functions to its Foothills campus location.
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