Multi-phase expansion meets needs
Duke Realty’ orchestrates a four-step development for TriHealth in Cincinnati
Facility name: TriHealth Bethesda Butler
Address, City, State: 3125 Hamilton-Mason Road, Cincinnati, OH
Client: Bethesda Hospital
Product type: Acute care hospital
Number of stories: Two
Square footage: 53,512 (Phase 4) and 90,788 (total)
Site acreage: 12.042
Parking: 883 spaces added in Phase 4
Construction start date: Summer 2012 (Phase 1)
Construction complete date: February 2016 (Phase 4)
Cost: $20.6 million (Phase 4)
Owner, developer, contractor, property manager: Duke Realty, Indianapolis
Architect: PFB Architects Inc., Chicago
TriHealth wanted to enter a Cincinnati submarket and employ a physician practice that owned a six-building hospital campus totaling about 120,000 square feet. TriHealth didn’t want to own the real estate and the physicians wanted to play a smaller role with the properties. So TriHealth asked Duke Realty if it could quickly acquire the medical office buildings (MOBs) while offering the physicians the opportunity to participate in the real estate venture.
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