HOPEWELL TOWNSHIP, N.J. — Construction has topped out for the Capital Health replacement hospital building in Hopewell Township. The $341 million project will feature 237 beds and will span 596,492 square feet. The project will include a facility for a Cyberknife®a non-surgical, robotic radiosurgery system. The project, which is slated for completion in late 2011, will be LEED certified and will incorporate the use of regional building materials, green roof gardens, a water recovery and storage irrigation system, and will regenerate power from the elevators. The hospital is just one component of an 80-acre healthcare development that will also include an attached 350,000-square-foot medical office building. The new flagship facility is conveniently located near the nexus of the tri-state area and is easily accessed from I-95 exit 3B. The project is being developed by Capital Health. Skanska USA Building, HKS Architects, and Array Healthcare Facilities Solutions are also involved in the development of the hospital.
ISSAQUAH, WASH. — Swedish Health Services has acquired 13.38 acres of medical office land for $22 million. The acquisition includes blocks 29-31 and blocks 33-35 in Issaquah. The seller was Grand-Glacier LLC. Stu Ford of GVA Kidder Mathews represented the buyer in the transaction.
PLAINSBORO, N.J. — Sweetwater Construction Corp. has started construction for the New Merwick Care and Rehabilitation Center located in Plainsboro. The 105,000-square-foot project will consist of a cluster of buildings across 6 acres located at the new University Medical Center of Princeton, which is scheduled to open in 2011. The complex will contain 80 beds of sub-acute care and 120 beds of long-term care. The project will be replacing an existing 83-bed facility located at 79 Bayard Lane. Windsor Health Care will be developing the project and RMJM Architects will design it.
WELLINGTON, FLA. — Jupiter, Fla.-based Rendina Cos. has completed work on Wellington Regional Medical Center’s 50,000-square-foot Wellington Medical Arts Pavilion IV in Wellington. Building tenants include OB/GYN Specialists of the Palm Beaches, Palm Beach Brain and Spine, Pediatric Center of Wellington and Advent Family Practice. The four-story property was designed by Nashville, Tenn.-based Davis Stokes Collaborative.
WEST ORANGE, N.J. — The New Jersey office of FirstService Williams has brokered a lease for 13,776 square feet at Mt. Pleasant Medical, a medical office building located in West Orange. The Urology Group of New Jersey will take occupancy of the space in November for a 12-year term. Situated on 11 acres at 375 Mt. Pleasant Ave., Mt. Pleasant Medical contains 106,000 square feet of medical office space. Frank Gunsberg of FirstService Williams represented the landlord, 375 Mt. Pleasant Avenue LLC, a joint venture between Hampshire Real Estate Cos. and Paragon Realty Group. John Feeney of Studley represented the tenant.
BOSTON — BioMed Realty Trust has closed on a $350 million loan. The proceeds of the loan were used to repay a portion of an existing $507.1 million loan for the construction of The Center for Life Science | Boston. The newly constructed facility encompasses 700,000 square feet and is located in the city’s Longwood Medical area. The 5-year loan was provided by John Hancock Life Insurance Co., TIAA-CREF and Westdeutsche ImmobilienBank AG. The loan bears a 7.5 percent interest rate.
PALO ALTO, CALIF. — Veterans Affairs Palo Alto Health Care System is breaking ground for the development of an 80-bed Inpatient Mental Health Center in Palo Alto. The 76,000-square-foot facility will include a mental health research and office pavilion; a utility complex; enclosed, landscaped gardens; and natural light sources for all internal patient and staff areas, as well as private and semi-private rooms with private bathrooms. Upon completion, all inpatient beds will operate in the new facility, which will house four units consisting of 20 beds each. McCarthy Building Companies is serving as general contractor for the project, which was designed by Design Partnership. Completion is scheduled for 2011.
RICHMOND, TEXAS — The Healthcare Division of McShane Development Co. is advancing construction for OakBend Doctors Center — Grand Parkway, a medical office building located in Richmond. The project consists of a two-story, 60,000-square-foot building situated on Grand Parkway, between Morton Road and Longmeadow Farms Parkway. The Class A facility will provide office space convenient to both OakBend Medical Center campuses, one of which is currently under construction. McShane has already secured leases for approximately 50 percent of the space. Physician group OakBend Medical Group will occupy 2,500 square feet; PLEX will lease 7,200 square feet for a sports medicine and physical therapy center; Texas Sports Medicine will lease 7,400 square feet for an ambulatory surgery center; OakBend Medical Imaging will lease 3,000 square feet for a radiology center; and the Center for Women’s Health will lease 3,000 square feet that will contain an on-site pharmacy and a 24-hour urgent care clinic. The Houston office of Cadence McShane Construction Co. is providing design-build services for OakBend Doctors Center, with Denver-based Marasco & Associates providing conceptual design and space planning services, and Houston-based Seeberger + Associates serving as architect of record. Completion for the project is slate for late 2009. McShane …
OMAHA, NEB. — Darland Construction Co. has been selected to build a new 13,886-square-foot ambulatory surgery center. Bergan Mercy Surgery Center will be located within the new South Pavilion addition of Bergan Mercy Medical Center, which is located in Omaha. The surgery center will be built out while the building is still under construction. The project is a joint venture between Alegent Health and a physicians group represented by Health Inventures, LLC. The architect for the project is Boulder Associates Architects. The construction timetable was not released.
MILWAUKEE — Lee Realty & Development has purchased a 6,530-square-foot medical office building, located at 7100 West Capitol Dr. in Milwaukee from Marbe LLC. Pete Slezak of Colliers Barry represented the seller and Thai Lee of Moreways Realty represented the buyer in the transaction.