Outpatient Projects: Physicians to own MOB near Philly

$32 MILLION MEDICAL BUILDING SLATED FOR SITE NEAR BRYN MAWR HOSPITAL

By John Mugford

A key element of the future 141,000 square foot Bryn Mawr Medical Arts Pavilion in Bryn Mawr, Pa., will be a skybridge to the hospital across the street.
Rendering courtesy of Bryn Mawr Medical Arts Pavilion

In the current and coming era of employed doctors, physician-owned medical office buildings (MOBs) are supposed to be a thing of the past.

But don’t tell that to a group of physician-investors in the Philadelphia suburb of Bryn Mawr, Pa., where a real estate partnership of five practices recently broke ground on the future $32 million, 141,000 square foot Bryn Mawr Medical Arts Pavilion.

The MOB is being built on a 1.9-acre parcel at 825 Old Lancaster Ave., between Lindsay and Summit Grove avenues

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