The new medical office building will help Baylor Scott & White meet increasing demand for additional healthcare services in the fast-growing Dallas-Fort Worth area
McKINNEY, Texas, and INDIANAPOLIS, Nov. 18, 2016 – Dallas/Fort Worth is one of the fastest growing areas of the country, and residents’ healthcare needs are increasing as well. Baylor Scott & White Health, the largest not-for-profit healthcare system in Texas, and Duke Realty, an Indianapolis-based commercial real estate developer that specializes in medical properties, are helping meet this demand with the newly opened Baylor McKinney Physician Office Building 2 in the Dallas suburb of McKinney.
The 77,000-square-foot, three-story medical office building (MOB) at 5252 W. University Drive is located on the Baylor Scott & White Medical Center – McKinney campus adjacent to Baylor McKinney 1, an 114,924-square-foot, four-story MOB that Duke Realty developed and opened in 2012. Affiliates of Baylor Scott & White lease a significant portion of both buildings.
Officials at Baylor Scott & White said the new facility is needed to help them attract and retain new physicians, as well as house much-needed new specialties such as surgical services.
“We have been actively recruiting new physicians and planning to offer additional healthcare services, including underserved specialties such as surgical services, but we couldn’t accommodate them at Baylor McKinney 1, which is full,” says Kyle Armstrong, President of Baylor Scott & White – McKinney. “This new facility is helping us attract some of the best and brightest physicians and meet the increasing demand for more medical services and specialties.”
Wes Huff, Director of Real Estate for Baylor Scott & White, said the MOB project also included additional improvements and renovations on the 47-acre campus.
“In addition to the new medical office building, we rerouted roads and reconfigured parking areas to provide more convenient access to our facilities,” says Mr. Huff. “These renovations are enhancing the overall campus master plan and supporting Baylor Scott & White in continuing to provide quality, patient-centered care.”
Keith Konkoli, Duke Realty Executive Vice President, Healthcare, notes, “Throughout this project, the development team faced multiple delays from near-record rainstorms in the Dallas/Fort Worth area. Despite this, the team was successful in meeting a challenging development schedule to ensure tenant medical practices could open when needed in the beautiful new Baylor McKinney 2 building.”
The general contractor for the project was the Dallas office of Medco Construction, and the architect was the Dallas office of HDR.
About Baylor Scott & White Health
Baylor Scott & White Health is the largest not-for-profit health care system in the state of Texas. Serving a population larger than the state of Georgia, Baylor Scott & White Health has the vision and resources to provide its patients continued quality care while creating a model system for a dramatically changing health care environment. The system now includes 47 hospitals, more than 900 access points, 6,000 active physicians and 40,000 employees, plus the Scott & White Health Plan, Baylor Scott & White Research Institute and Baylor Scott & White Quality Alliance – a network of clinical providers and facilities focused on improving quality, managing the health of patient populations and reducing the overall cost of care. For more information, please visit BaylorScottandWhite.com.
About Duke Realty
Duke Realty is a national commercial real estate company specializing in the ownership, management and development of medical office properties, complemented by a large portfolio of industrial assets. Duke Realty (NYSE:DRE) owns, maintains an interest in or has under development 137 million square feet of space in more than 21 top-tier markets nationwide.
The healthcare segment of Duke Realty’s portfolio totals more than 6.7 million square feet, and includes properties ranging from medical office buildings to rehabilitation facilities and from ambulatory care centers with diagnostics, oncology and surgery services to one of the nation’s largest cancer centers. Duke Realty also has on-staff a team of healthcare professionals who are well-versed in the unique demands of medical providers and have proven experience in providing hospitals and physician groups comprehensive planning, development, ownership and facility management services. More information about Duke Realty’s healthcare real estate capabilities is available at www.dukerealty.com/healthcare. Duke Realty also can be followed on Twitter, LinkedIn, Facebook and YouTube.
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