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

Healthcare and Resilience: A Pledge for Change

Climate resilience and reducing environmental impact drive voluntary program targeting hospitals.


Texas Health Resources Announces New Hospital for North McKinney

Expected to open in 2028, the hospital will feature 60 beds initially with plans to double in capacity to accommodate for future community growth.


Cedar Point Health Falls Victim to Data Breach

Cedar Point Health has no evidence directly linking this incident to specific incidents of financial fraud or identity theft.


Fire Protection in Healthcare: Why Active and Passive Systems Must Work as One

Sprinklers, smoke compartments and firestopping can form an interdependent safety strategy.


Cleveland Clinic Hits Key Milestones for Palm Beach County Expansion

These include plans to begin demolition of current structure and hospital site preparation in 2026 and open the outpatient center and ambulatory surgery center in 2027.


 
 


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.