Company Profile: Firm touts retail strategy
ANCHOR HEALTH TAKES ITS CUES FROM CONSUMERS By Beth Mattson-Teig Healthcare today is demanding new ways of delivering outpatient services. To officials of Anchor Health Properties LCC, the solution is simple: retail. That contention is perhaps not surprising given the pedigree of the two founders of the Wilmington, Del.-based medical real estate firm. Before launching […]
Special Focus: Is 2005 time to borrow?
RAISING CAPITAL COULD BE TOUGHER NEXT YEAR By Jessica Griffith From Virginia to California, healthcare systems are looking at their aged buildings and drawing plans for renovations, additions and replacement hospitals. Industry experts say 2005 could be one of the best years this decade to finance those projects. Healthcare providers will experience relative credit stability […]
Industry Pulse: April 2005
SACRAMENTO, Calif. – Two Sacramento hospitals are encountering resistance to their plans for expansion projects. According to a recent report in the Sacramento Bee, a dozen Sacramento neighborhood organizations recently teamed up for a public forum to air concerns about the size and location of two expansion projects: a $456 million renovation project at the […]
News & Analysis: It’s the healthcare hub
Nashville is Med Real Estate’s Silicon Valley By John Mugford When Lauth Property Group, a longtime national developer and construction firm headquartered in Indianapolis, decided to dedicate a portion of its business to healthcare, there was no question about where the company would eventually locate an office for such pursuits.
Product Focus: Children’s health is hot
Many Factors are Driving Projects Nationwide By Jessica Griffith Children’s hospitals throughout the country are investing nearly $2 billion in expansions, renovations and replacement facilities.
News & Analysis: Providers pitch competing plans for Maui hospitals
MAUI, Hawaii – There’s only one full-service hospital on Maui. But, that could soon change. Three proposals are on the table to develop additional hospitals on the second largest of the Hawaiian Islands.
News & Analysis: Design OK sought for $180 million UNC cancer center
CHAPEL HILL, N.C. – Architects are seeking approval this spring for the final design of a new $180 million, seven-story cancer hospital at the University of North Carolina at Chapel Hill.
News & Analysis: HPA and Tenet tout rival plans for Charlotte area
FORT MILL, S.C. – Hospital Partners of America (HPA) Inc. and Tenet Healthcare Corp. are both proposing 64-bed hospitals for this fast-growing Charlotte suburb.
News & Analysis: Christus Spohn selects Alter for MOBs
Plans Call for $60 Million in Medical Office Space on Three Campuses By Murray W. Wolf Christus Spohn Health System turns 100 years old this year, but Chicago-based Alter+Care also has reason to celebrate. Alter+Care has been selected by the Corpus Christi, Texas-based system to be the master developer for planned medical office building (MOB) projects totaling about […]
News & Analysis: Cancer center and MOB planned for Burbank, Calif.
BURBANK, Calif. – Providence Saint Joseph Medical Center is teaming with Pacific Medical Buildings LP (PMB) for the development of a $39 million, 100,000 square foot MOB and a 1,000-stall parking structure.
News & Analysis: For the Record
Inpatient Projects St. Francis Hospital in Roslyn, N.Y., recently started work on a phased, $190 million, 150,000 square foot expansion in this Long Island community. The focal point of the three-year project is a three-story inpatient facility that will boost the number of beds to 364. An outpatient lobby, an expanded emergency room and a […]
News & Analysis: Rising costs delay $1 billion California hospital complex
SAN FRANCISCO – Rapid increases in the cost of construction materials have prompted California Pacific Medical Center (CPMC) to put its $1 billion, 650-bed replacement hospital project on hold for up to 120 days while it explores possible design changes.
Project Case Study: Things are looking up in Houston
Vertical Expansion Prepares Texas Children’s Hospital for 21st Century By Jessica Griffith How do you expand a children’s hospital on one of the most closely configured healthcare campuses in the United States? Answer: Think vertical.
Publishers Letter: I’ll see you in Nashville
Center of the Medical Real Estate Universe Dear Reader: The Silicon Valley of Healthcare. Healthcare City USA. America’s Healthcare Hub. Are such superlatives merely the work of an overzealous chamber of commerce? Not at all. Nashville, Tenn., plays an outsized role in this business as home to a wildly disproportionate number of firms involved in healthcare real […]
Industry Pulse
ST. PETERSBURG, Fla. – All Children’s Hospital of St. Petersburg is seeking city approval for an expansion plan that includes a replacement hospital and satellite buildings that could total more than 1 million square feet of construction. The $270 million plan features a 14-story, 918,000 square foot replacement hospital as well as a new eight-story, […]
