Bill Klotz

Healthcare construction at seven-year high in Twin Cities

Activity linked to shift from inpatient to outpatient care


Healthcare-related construction is at a seven-year high in the Twin Cities, with vacancy rates in existing facilities under 10 percent and numerous projects underway, according to an article on the Finance & Commerce website.

According to a Cushman & Wakefield/NorthMarq Compass report released over the summer, more than 900,000 square feet of healthcare-related projects are already under construction and another 413,000 square feet of projects are in the planning stages. 

"It’s a shift — from an inpatient environment to more of an outpatient environment,” Camille Helou, vice president and director of Kraus-Anderson’s healthcare group, said in the article.

Projects such as clinics, ambulatory care centers and other sources for routine care are being built at a swifter rate than traditional hospitals and other in-patient care centers, the article said. 

The Affordable Care Act and similar state-level programs are driving huge numbers of new patients into the health care system, forcing providers to restructure their delivery models — to go where the people are, the article said.

Read the article.

 

 



October 20, 2014


Topic Area: Renovations


Recent Posts

Rethinking Strategies for Construction Success

Encouraging project team stakeholders to communicate, collaborate, care and align around a common goal.


From Touchless to Total Performance: Healthcare Restroom Design Redefined

Facility managers are raising the bar on hygiene, durability and system performance by turning restrooms into frontline assets for infection prevention and patient confidence.


New York State Approves $53M Construction Program at Niagara Falls Memorial Medical Center

DOH greenlights first $6.5M phase, launching campus-wide upgrades to clinical spaces, infrastructure and patient care services through 2027.


How Health Systems Are Rethinking Facilities Amid Margin Pressure

As insurance uncertainty and consolidation reshape healthcare, facilities managers are turning to efficiency, adaptability and portfolio optimization to control costs.


Ground Broken on New Medical Office Building in Scottsdale, AZ

Hammes is developing a new 34,000-square-foot medical office building in Scottsdale, Arizona, in partnership with Phoenix-based NOVO Development.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.