University of Colorado Health’s new free-standing emergency department and surgery center in west Greeley will boost the local economy by $9.2 million, according to the city of Greeley.
|The Greeley Emergency and Surgery Center will be located east of King Soopers Marketplace on the southeast corner of 71st Avenue and 10th Street in Greeley.|
The medical center is scheduled to open in November at the corner of 71st Avenue and 10th Street, and when it does it will employ 96 people making a total annual salary of $4.6 million. Since most UCHealth employees – and their families — in the newly created jobs will spend their money in Greeley to purchase groceries, entertainment, household goods and big-ticket items like cars and homes, those new sources of revenue will put more money into local pocketbooks, which in turn will encourage more spending throughout the local economy.
That ripple effect could add $9.2 million for the community, says Bruce Biggi, the city of Greeley’s economic development manager, who used the Federal Reserve’s fiscal impact tools to analyze the direct economic impact of the wages from the medical center’s new jobs and the indirect impact of such things as the possible creation of other new jobs needed to serve the medical center’s business and additional sales and property taxes.
“We are truly pleased to have the new project in our community,” Biggi said.
The 22,000-square-foot emergency and surgery center will open in a shopping center that includes King Soopers, making it one of the busier areas in west Greeley.
Located in west Greeley, the emergency department and surgery center is scheduled to open in November. The skeleton of the building and interior framing is complete. Crews are currently hard at work putting drywall in place, laying brick, installing windows and developing the mechanical infrastructure.
Greeley’s assistant city manager said the new medical center will balance other commercial buildings going up in west Greeley.
“The city encourages strong building and site design, especially along its key entryways. The new facility will complement this community goal and be an attractive addition to this important Greeley travel corridor,” said Becky Safarik, Greeley’s assistant city manager.
–Kevin Darst, director of marketing and communications