The planned Class A, 40,000-square-foot 610 Medical building will be in a highly visible, convenient location fronting Highway 610 in Brooklyn Park, Minn.
MINNEAPOLIS, Feb. 25, 2021 – As part of a long-term strategy to offer convenient outpatient surgery centers throughout the Twin Cities, Allina Health (one of Minnesota’s largest health systems with 11 hospitals and over 90 clinics) formed a joint venture with Surgical Care Affiliates (an affiliate of UnitedHealth Group). The joint venture engaged Minneapolis-based Davis to develop and own its first new ambulatory surgery center in Brooklyn Park.
Davis expects to break ground in late April or early May on a Class A, two-story 40,000-square-foot medical building fronting Highway 610. The Allina/SCA joint venture will lease 18,000 square feet on the second floor.
According to Mark Davis, founder and principal, “The site provides ready access to the large northern tier Twin Cities suburban market via the emerging medical corridor of Highway 610 and is located in the growth area of Brooklyn Park.”
Mr. Davis adds, “We sized the building to accommodate physicians and clinic partners committed to the joint venture as well as medical providers looking to access the attractive patient base located in the northern suburbs.”
“Our partnership with SCA allows us the ability to bring care closer to the many communities we serve,” says Lisa Shannon, Allina Health president and chief operations officer. “Allina Health’s new surgery center in Brooklyn Park is just the first step as we look to expand our footprint and provide quality surgical care and a positive experience closer to our patients’ homes.”
Davis Principal Jill Rasmussen says the new MOB will provide many benefits for tenant physicians and staff, as well as patients and their families.
“The new medical building will be very visible with easy access to the nearly 44,000 cars that pass by daily on Highway 610,” says Ms. Rasmussen. “It will also be in an area with strong demographics and close proximity to Maple Grove Hospital and companies such as Target which, including its Northern Campus, is the largest employer in Brooklyn Park with about 4,000 employees.”
She adds, “610 Medical will tie into the trend of health systems and specialty groups trying to create a better patient experience, with community-based outpatient access that is more convenient than a hospital campus.”
This is the third Davis project involving SCA. In 2017, Davis developed the 148,000-square-foot HealthEast Clinic & Specialty Center in Maplewood, Minnesota. Davis anticipates completing the 78,000-square-foot Xchange Medical building in St. Louis Park, Minn., later this year.
The architect for the project is Minneapolis-based Synergy Architecture Studio and the general contractor is Timco Construction Inc., which is headquartered in Plymouth, Minn. 610 Medical is expected to be completed the end of the first quarter of 2022.
Some space is still available in 610 Medical. Interested healthcare providers are encouraged to contact Jill Rasmussen at firstname.lastname@example.org or 612-341-3247.
Davis, founded in 1986, is a national healthcare real estate firm that offers unparalleled expertise in healthcare real estate development, property management, brokerage, investment and consulting services to health systems, hospitals, individual medical groups, specialty practices and other healthcare organizations. Over the past five years, the company has developed 31 Class A medical buildings totaling $300-plus million in development costs and completed 30 investment transactions totaling more than $500 million. It has also negotiated more than 250 healthcare property leases totaling 1.2 million square feet during that time. For more information, please visit www.davishre.com.
– 30 –
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