TAVARES, FLA. — Cotter-Ryan Commercial has begun construction for Premier Surgery Center, a 20,000-square-foot medical facility located in Tavares. Situated on Vindale Road near U.S. Highway 441, the project will consist of an 11,000-square-foot ambulatory surgery center and 9,000 square feet of medical office space. Locally based Hari Holding LLC is developing the project. Completion is slated for spring 2010.
WEST ORANGE, N.J. — The Hampshire Companies, in a joint venture with Paragon Realty, has leased 13,776 square feet of medical office space at 375 Mount Pleasant Avenue, located in West Orange. The tenant, The Urology Group of New Jersey, plans to take occupancy in November. The building, which totals 106,000 square feet and was formerly a research and development facility for Organon USA, is being converted into a building for hospital and medical office uses. The Hampshire/Paragon JV was represented by Frank Gunsberg of FirstService Williams. John Feeney of Studley represented the tenant. The property is part of Hampshire Partners Fund VII, one of the company’s institutional real estate investment funds.
SARASOTA, FLA. — Ambulatory Surgical Centers of America has tapped Fort Myers, Fla.-based Stevens Construction for renovations and expansion of the Premier Surgery Center of Sarasota. The property is located at 983 Beneva Rd. Stevens will renovate 20 rooms and construct two surgery recovery rooms at the hospital. Completion is slated for late this year.
CHICAGO — Chicago-based Lillibridge has received a $30 million equity commitment from Prudential Real Estate Investors (PREI). The additional equity will be used for future development and acquisition opportunities by the healthcare real estate company. PREI has partnered with Lillibridge for three previous equity raises and was one of Lillibridge’s initial investors when the company first raised equity in 1999. This most recent commitment brings its total commitments to more than $135 million. Lillibridge currently has a portfolio of healthcare real estate across 16 states that totals approximately 6 million square feet.
COVINGTON, LA. — Stirling Properties will break ground in September on the 60,000-square-foot Medical Arts Pavilion at Lakeview Medical Center. The $14 million, two-building property is located at the intersection of Highway 190 and Fairway Drive in Covington. Construction of the first building should be complete by the fall of 2010. Gensler designed the space, and Central Progressive Bank is financing the project.
KANSAS CITY, KAN. — Turner Construction Co. has been selected to manage construction of a $55 million medical office building in Kansas City for The University of Kansas Hospital. The project, which is scheduled for completion in 2011, is being built to LEED certification standards. Located south of the hospital, the building will include 18 clinical departments that are currently scattered across the campus. Green features will include water-efficient landscaping, access to public transportation, energy performance optimization, thermal comfort controls, and the use of recycled and locally manufactured materials.
AUSTIN, TEXAS — RMC MedStone, an affiliate of Dallas-based RM Crowe, has acquired a controlling interest in Stonegate Surgery Center, a single-story ambulatory surgery center located in Austin. The facility totals 9,100 square feet and is located at 2501 W. William Cannon Dr. It currently features three operating rooms, one procedure room, three pre-operative suites and seven recovery suites. However, an expansion is under way that will add two operating rooms, four recovery suites, six pre-operative suites and four IV prep pre-operative suites. Additional construction will convert three of the existing per-operative suites to recovery suites as well as expand the office space. Terms of the transaction were not released.
GEORGIA — Atlanta-based Batson-Cook Co. is constructing two healthcare projects totaling $25.6 million for Northside Hospital. The firm will add 52,800 square feet to the Northside Hospital–Forsyth Surgery Center, located on Northside Forsyth Drive in Cumming, Ga. The hospital will remain open while the $17 million project is being completed. Batson-Cook has also broken ground on a 59,500-square-foot medical office building on Northside’s Cherokee campus, located at 201 Hospital Rd. in Canton, Ga. The office, which is scheduled for completion next January, will include an imaging suite with MRI facilities.
NEW LENOX, ILL. — Woodbridge, Ill.-based Morgan/Harbour Construction will undertake an 11,868-square-foot build-out in the Silver Cross Medical Office Building for the Hinsdale Orthopedic Group. The project, located at 1870 Silver Cross Blvd. in New Lenox, includes building interior suites on the building’s first two floors. In addition to building out X-ray, physical therapy and treatment rooms, Morgan/Harbour also is in charge of expanding nursing stations, a waiting area and a laboratory. Chicago-based Design Organization is serving as the project’s architect.
ALBANY, GA. — Wellness Center Partners, with the help of Atlanta-based Bryant Commercial Real Estate Partners and Stevens Financial Service, are developing the 85-bed Flint River Recovery Center in Albany. No groundbreaking date has been set for the hospital, which is located in the former Turner Field Naval Hospital on Turner Road. After construction funds are obtained, Albany-based Pellicano Construction will build the center.