Construction & Facilities Management
Many services are occurring in spaces that are too small, too old and not optimally oriented, need for more private rooms to meet patient expectations, filing says.
The 11,350 square-foot center boasts clinic rooms, observation rooms and are outfitted to treat allergic reactions, including anaphylaxis.
Both hospitals cite high occupancy rates as the reason for the requests.
The 625,000 square foot center is designed to attract new scientists and clinicians to St. Jude by fostering research and collaboration.
The new hospital will comply with seismic codes and be energy efficient, officials say.
The new facility will be "right-sized" for pediatric services, officials say.
Since 2008, executives and employees of the companies have invested more than $30 million in the three real estate investment trusts.
Haven said it is earmarking $11.3 million to convert the facility into a psychiatric hospital.
In the fourth quarter alone, HTA completed $32.7 million of investments in the Dallas area, $80.2 million in Milwaukee, Wisconsin and Long Beach, California, and one development project in Raleigh, North Carolina.
The health system will modernize existing facilities, expand others, build a new urgent care center and purchase medical equipment.