A recent construction report says there is $86.7 billion in medical construction in the pipeline, according to an article on the Medical Construction & Design website.
Revista Mid-Year 2015 Construction Report said the projects include 1,189 projects totaling 123.1 million square feet that are in late planning or are under construction.
That number includes 542 medical office buildings and 647 hospital projects.
The office building projects had a median size of 45,000 square feet and a median value of $14 million. The medians for the hospital projects were 50,000 square feet and $37.5 million.
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