NexCore Developing Multispecialty Arizona Facility

By Eric Althoff

GLENDALE, Ariz.—Denver-based healthcare real estate development firm NexCore Group will develop Banner Health’s newest multispecialty health center in the greater Phoenix area.  Banner Health’s new Class A, 130,000-square-foot clinic will encompass three stories of care space in the Aspera mixed-use development area in the northwest Phoenix suburb of Glendale. 

Banner Health already owns the Aspera development property, encompassing 17.5 acres of real estate located near 75th Avenue and the Agua Fria Loop 101 Freeway. 

“NexCore is proud to be selected by Banner Health, a premier health system that shares our dedication to providing convenient access to top-quality healthcare in the communities we serve, through strategically planned facilities to streamline costs while maximizing value for patients,” said Todd Varney, chief development officer and managing partner of NexCore.

Varney added that the new facility will jibe with Banner Health’s mission to offer patients the highest possible care in a collaborative care environment via efficient facilities that offer the most feasible interactions between staff and patients. 

“The Banner Health Center promises to be a valuable healthcare asset to the growing community of Glendale, bringing a multitude of the most anticipated services to the area surrounding the Aspera development,” Varney said. 

The Glendale Banner Health Center will offer specialized care in family medicine, comprehensive clinical services, orthopedics, general surgery, dermatology, gastroenterology, cardiology, endocrinology, internal medicine and OB/GYN services.  When completed, the new facility will also entail labs, a pharmacy and imaging services.

“We’re excited to begin work on our newest Banner Health Center, continuing our long-standing commitment to providing care in the Northwest Valley,” Scott Nordlund, chief strategy and growth officer for Phoenix-based Banner Health, said in a statement, adding that the Glendale section of the greater Phoenix area’s valley continues to see an uptick in growth—thereby requiring more healthcare space and professionals. 

“Along with that growth comes the need for easy and convenient access to quality primary care and specialist services like those we’ll offer at the new Banner Health Center,” Nordlund said. 

Banner Health owns and operates 28 acute-care hospitals as well as nursing and other care facilities in Arizona and five other western states. 

NexCore, named one of the top Healthcare Real Estate Developers in the nation by Modern Healthcare magazine, has already developed, leased and/or owns more than 1 million square feet of healthcare facilities in the Grand Canyon State alone.  The national healthcare builder will provide strategic facility and operational planning, design, development, construction, project management and financing for the Glendale Banner Health Center project.

The new healthcare facility in Glendale is scheduled to break ground in January and open to the public in early 2021.

“We look forward to breaking ground on this project and believe we’ve found an excellent partner in NexCore to help us construct a first-rate facility for this community,” Banner Health’s Nordlund said of the collaboration with the contractor.

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