A Bel Aire development has secured its first tenant and is preparing to break ground on its first project.
Developers of Tierra Verde, a more than 70-acre mixed-use development at 53rd and Webb, said they will hold a ground-breaking ceremony Friday for a 20,000-square-foot building they are calling the Healing Center.
It’s the first of three planned phases of the development.
Physician George Watson will occupy about 9,000 square feet of the building and will have ownership in the Healing Center.
“It’s a chance for me to rent from myself,” Watson said, adding that his practice will be increasing its current square footage by 3,000 square feet.
Rod Stewart of KW Commercial handled the transaction.
Terrie Grillot, one of Tierra Verde’s developers, said later phases of the Health Center will include a surgical recovery center designed like a resort spa for people recovering from surgery. The Concierge Surgery Recovery Center will have 14 recovery suites that are designed and furnished like resort suites and include a number of amenities such as a pool with a swim-up bar and cabanas.
Watson, a primary care physician who also focuses on wellness and prevention, will be the medical director of the recovery center.
His Watson Medical Group practice does not accept insurance but instead operates on a cash basis. He said that was part of the attraction of moving his Park City-based practice because the recovery center also will not accept insurance, opting instead for payments directly from patients.
“Terrie’s business plan and my business model was a perfect match,” Watson said.
Watson also will offer hyperbaric oxygen treatments to the recovery center’s patients. His practice’s other services include joint injections, hormone replacement, and intravenous therapies. He said he expects to have another physician join his group in the next several months.
Grillot said she expects construction on the first phase of the Healing Center to begin in the next couple of weeks.
The Healing Center is a design-build project overseen by architect Paul Cavanaugh.