WILL PROVIDERS DECIDE TO OWN THEIR OWN MOBs?
By Murray W. Wolf
In early 2009, Northwestern Memorial Hospital in Chicago issued a request for proposals (RFP) for the third-party development and ownership of a new medical office tower at its landlocked Streeterville campus on the city’s Near North Side.
Plans called for razing two older administrative buildings and replacing them with a new medical office building (MOB) of up to 750,000 square feet at a cost of about $250 million. The new MOB was to be developed on a hospital-owned site bordered by Erie and Ontario streets and Fairbanks Court.
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
Comments are closed, but trackbacks and pingbacks are open.