Birmingham’s The Sanders Trust has opened a new $72 million hospital in Massachusetts.

The healthcare real estate investment and development company is the developer and building owner of Valley Spring Behavioral Health Hospital in Holyoke, Mass.

The 124,000-square-foot facility features 150 beds, 30 of which are being operated by the Massachusetts Department of Mental Health. The facility has ample space for psychotherapy, art and occupational therapy, a gymnasium for physical activity and recreation, and access to outdoor spaces.

A joint venture between Lifepoint Health and Baystate Health, the hospital was designed by full-service architectural & interior design firm Stengel Hill Architecture of Louisville, Ky. DPR Construction of Redwood City, Calif. was the general contractor for the project.

Sanders Trust CEO Rance Sanders said the company is “honored to be a part of constructing hope, healing, and providing a safe haven for those in the Holyoke area.”