News Release
The 100,500-square-foot facility, which is already 100 percent pre-leased to Allina Health and MNGI Digestive Health, will help expand services to communities along the I-35 South corridor
The 100,500-square-foot Lakeville Health building is already 100 percent pre-leased to Allina Health & MNGI Digestive Health.
MINNEAPOLIS and LAKEVILLE, Minn., June 1, 2022 – Minneapolis-based Davis announced today that it will begin developing a 100,500-square-foot Class A medical complex in Lakeville.
Lakeville Health, to be located at 18645 Orchard Trail, will include a multi-specialty medical center with more than 20 Allina specialties, including orthopedics, oncology, women’s health and cardiology. The complex also will include a new ambulatory surgery center with four operating rooms.
Lakeville Health is already 100 percent leased, with Allina signing a lease for 60,000 square feet in the specialty center and 18,500 square feet in the surgery center. In addition, MNGI Digestive Health has signed a lease for 22,000 square feet in the facility to house a new clinic and endoscopy center.
Mark Davis, Founder and Principal of the national healthcare real estate development, investment, brokerage and property management firm, says his company has worked on projects with both Allina Health and advised MNGI for many years.
“Davis has developed a number of medical buildings for Allina, including a 40,000-square-foot facility that will open in Brooklyn Park this summer. We have also helped manage MNGI’s real estate work and lease negotiations for a number of years. We are very pleased to once again help these two outstanding organizations with their real estate needs.”
He added, “We’re really excited to help Allina expand its healthcare services to communities along the I-35 corridor, including Northfield, Faribault and Owatonna. This will complement their existing Allina Health clinic in southern Lakeville and offer a wider array of medical options.”
“We are grateful for our continued partnership with Davis,” says Dave Slowinske, Allina Health Senior Vice President, Operations. “Making complex specialty care more accessible to the south metro and providing a state-of-the-art ambulatory surgery center are critical components to Allina Health’s overall strategy to lower the cost of care while adding convenience for our patients.”
MNGI’s President and CEO, Dr. Scott Ketover notes, “MNGI Digestive Health and its caregivers are excited about the new full-service endoscopy center and clinic that will be opening in Lakeville. This location will offer a wide range of gastroenterology and digestive health services, including outpatient procedures, infusion therapy and comprehensive GI care with behavioral and dietary health support. We are using innovative, state-of-the-art technology and equipment to provide the best care for our patients and our space in this building will be fully designed for operational needs and the comfort and experience of our patients.
He added, “MNGI is looking forward to this expanded relationship with its healthcare partners and being a part of Lakeville and the surrounding community. This location will provide convenient access for adults seeking GI care and provides MNGI the opportunity to serve the growing base of patients in the South metro area and beyond.”
Lakeville Health is expected to be completed and open to patients in fall 2023. The architect for the project is Minneapolis-based Synergy Architectural Studio, and the general contractor is Plymouth, Minn.-based Timco Construction Inc.
About Allina Health
Allina Health is dedicated to the prevention and treatment of illness and enhancing the greater health of individuals, families and communities throughout Minnesota and western Wisconsin. A not-for-profit health care system, Allina Health cares for patients from beginning to end-of-life through its 90+ clinics, 11 hospitals, 15 retail pharmacies, specialty care centers and specialty medical services, home care, and emergency medical transportation services. For more information, please visit www.allinahealth.org.
About MNGI Digestive Health
MNGI Digestive Health (MNGI) is a nationally recognized leader in gastroenterology diagnosis, quality treatment, and care. The physician-owned practice is committed to improving patient health and specializes in providing comprehensive gastrointestinal (GI) specialty care and procedures for adult and pediatric patients with digestive system disorders. MNGI is an independent and locally-owned gastroenterology group with several convenient outpatient endoscopy centers and clinics located in communities throughout the Twin Cities, serving patients from across the state of Minnesota and western Wisconsin. Additional information can be found at https://www.mngi.com.
About Davis
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. The company has developed 34 Class A medical buildings totaling $364-plus million in development costs and completed 47 investment transactions totaling more than $575 million. For more information, please visit www.davishre.com.
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News Media Contact: Vickie Ridgley, Davis, 612-383-2717, vridgley@davishre.com
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