ANNAPOLIS, Md. — Revista, a medical real estate firm headquartered in Annapolis, recently released its list of the top health care projects in 2015. According to Revista, 1,340 projects were started in the past year or are currently in the planning stages. The leading states for health care real estate are California — with $11.8 billion in projects underway — and Texas — with $7.7 billion in projects underway.
ANNAPOLIS, Md. — Almost $8 billion is being invested in health care construction projects in the Northeast. That translates into 8.9 million square feet of project space under way or in late planning in New York, Connecticut and New England.
According to an inaugural report from healthcare real estate data service Revista that was released May 20 during a launch event in Boston, there are 66 health care construction projects in the Northeast alone, and Revista is planning on releasing more market data in the coming months.
AKRON, Ohio — Construction on a 368,000-square-foot addition to the Akron Children’s Hospital met an important milestone on April 2 with the installation of the facility’s final support beam. The topping out ceremony was hosted two weeks earlier than expected, despite a season of harsh weather.
CHEROKEE, N.C. — Tribal leaders representing the Eastern Band of the Cherokee Nation have broken ground on the new Cherokee Indian Hospital (CIH) campus. When completed in early 2016, the 150,000-square-foot health care facility will serve an estimated 15,000 members across western North Carolina.
WEST BLOOMFIELD, Mich. — For many hospitals and clinics, reducing recovery times, decreasing stress and cultivating happier employees tops the institutional wish list.
SALT LAKE CITY — Billionaire and four-time cancer survivor Jon Huntsman Sr. announced earlier this month that the cancer research center that bears his name will soon double in size.
FORT WORTH, Texas — Baylor Surgical Hospital in Fort Worth, Texas announced that it bought a 5.3-acre plot in the final days of October to be used for a new facility to replace its current building. The hospital plans to begin construction on the new $35.1 million, 77,000-square-foot facility in May of 2013, after outgrowing its current 34,000-square-foot building.
TAMPA, Fla. — Administrators, business leaders and government officials met in mid October to hold a groundbreaking ceremony for St. Joseph’s Hospital—South.
MINNEAPOLIS — A majority of health care facility administrators expect construction to increase in the next one to two years, according to a survey conducted by Mortenson Construction.
Conducted at the Fall 2011 Healthcare Design Conference in Nashville, Tenn., the survey questioned more than 300 conference attendees. Mortenson sponsored the event’s cyber café and surveyed attendees as they logged in to use the computers. Participants included health care administrators and facilities managers, architects, builders and suppliers.
