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Council approves first reading of business investment agreement for 53,000‑sq‑ft rehab facility at Metro Airport Ave
Summary
Council approved on first reading an agreement that supports construction and operation of a 53,000‑sq‑ft rehabilitation facility (Ernest Health) at 9150 Metro Airport Ave with an expected $30 million investment and a maximum city reimbursement cap of $300,000 over seven years; ordinance passed unanimously, 10–0.
The City and County of Broomfield on Dec. 14 approved on first reading an ordinance implementing a business investment agreement with GLC Health Ventures LLC (also referenced as JLC Health Ventures in presentation materials) to support construction and operation of a 53,000‑square‑foot facility to be operated by Ernest Health.
Jeff Schreyer, economic development manager, said the combined investment for…
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