Hospital buys land in Frederick

LONGMONT – Longmont United Hospital purchased approximately 69 acres of land in Frederick for $7.19 million with plans for future expansion.

While the hospital doesn’t quite know what those expansion plans entail, Neil Bertrand, the hospital’s chief financial officer, said it would likely start with ambulatory and urgent care. But he said the ultimate goal is to build a full medical facility.

“It fits our long-term strategy,” Bertrand said. “We just wanted to make sure we followed that strategy.”

The land, located along Highway 52 about a half-mile east of Interstate 25 on the corner of Highway 52 and Weld County 11, is in an ideal spot for an expansion in an area that, until the recession, was growing rapidly, he said.

“It was a good time to make the acquisition,” he said.

The deal closed Aug. 31.

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