Weekly Hospital Actual Property Briefing: Mayo Clinic to Make investments $1.9B in Phoenix Campus | Developer Proposes New Chicago Bears Stadium | Webinar on Hospital Floor Leases

1. Mayo Clinic (AZ) introduced an almost $1.9 billion growth of its Phoenix, Arizona campus. The growth contains 1.2 million sq. ft of house, that includes a brand new process constructing, an growth of a specialty constructing, new affected person models, and a brand new welcome space for sufferers.
2. Farpoint Growth, the proprietor of the previous Michael Reese Hospital campus in Chicago, Illinois, launched conceptual renderings illustrating how a brand new Chicago Bears stadium may very well be located on the 48-acre website. Farpoint’s proposal is an unbiased idea from the developer with none enter from the Chicago Bears, but it surely has obtained important media consideration.
3. PeaceHealth (OR) introduced plans to listing its College District campus in Eugene, Oregon, on the market. PeaceHealth closed its Sacred Coronary heart Medical Heart on the campus on the finish of 2023.
4. A Kentucky legislative invoice permitting freestanding birthing facilities handed a Home committee earlier this month. If permitted, it’s going to allow freestanding birthing facilities to open with out a certificates of want (CON). Kentucky has made headlines lately as legislators have debated CON reform.
5. UHS, in a current earnings name, mentioned plans to increase outpatient behavioral well being companies in freestanding outpatient services. Traditionally, UHS has supplied outpatient care on its inpatient hospital campuses, however the firm famous that some sufferers are uncomfortable receiving outpatient care in an inpatient setting. UHS operates 331 behavioral well being care services.
6. Need to find out about on-campus floor leases? Corridor Render will likely be internet hosting a webinar titled: “The Life Cycle of On-Campus Hospital Floor Leases: Suggestions for Valuing, Negotiating, and Managing Lengthy-Time period Leasing Preparations,” on March 27 at 1:00 PM Jap Time. Hear from legal professional Andrew Dick, Mark Yegerlener from Medxcel, and Justin Butler from Colliers on this subject. Register right here!
7. Orlando Well being (FL) and Watson Clinic introduced a collaboration in Polk County, Florida. The partnership will take impact in June 2026 with the opening of Orlando Well being Watson Clinic Lakeland Highlands Hospital. The hospital will embody 300 inpatient beds and will likely be one of many largest capital investments made by Orlando Well being.
8. HCA Healthcare has acquired Lehigh Regional Medical Heart in Lee County, Florida. HCA plans to speculate $134 million in Lee County, together with the hospital acquisition, the development of a brand new freestanding ER, and enhancements to 2 present freestanding ERs.
9. MultiCare (WA) and Kootenai Well being (ID) introduced plans to develop a 30-acre medical campus in Publish Falls, Idaho. The challenge features a micro hospital and a medical outpatient constructing, with plans for future campus growth.
10. Tampa Normal (FL) introduced plans to transform one among its medical group places right into a main care clinic solely serving veterans, reservists, and Nationwide Guard members.

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