The facilities described in the competing proposals carry construction price tags ranging starting at $72 million and going up to $299 million in the final phase. The proposals are from Fairview Health Services, North Memorial Health Care and a group called the Maple Grove Tri-Care Partnership, which consists of Allina Hospitals & Clinics, Park Nicollet Health Services and Children's Hospitals and Clinics.
The Maple Grove Tri-Care Partnership proposes to build a $72-million, 60- to 100-bed hospital near the Interstate Highway 94 corridor at 97th Avenue and Dunkirk Lane. The group says it could develop a hospital of up to 250 beds eventually on the 84-acre site, which includes 34 acres of wetlands that would remain undeveloped.
Fairview has a $106-million proposal before the Health Department for a hospital and a clinic and cancer center. Fairview said the provider intends to proceed this year with the $46-million, 126,000-sf clinic and cancer center regardless of the legislative outcome on the hospital proposal. Right after the health department's report, Fairview officials said their organization could open a hospital faster than its two competitors.
"Fairview can have a hospital under construction in the next 12 months," says David Page, Fairview's chief executive. "We have purchased the land we will use for our health care campus, and secured all the local approvals we need to proceed."
The hospital would have 72 to 100 beds and be at least 146,000 sf. Fairview expects that up to 284 beds would be needed over the next 10 to 15 years.
North Memorial has a $117-million outpatient clinic and hospital on the books as part of a 157-acre retail and medical development proposed by Ryan Cos. The $59-million first phase includes a 70,000-sf medical office building, and a 105,000-sf outpatient center that would proceed this spring, according to North Memorial.
In its review, the state health department concluded a new hospital would be convenience for residents in the fast-growing suburb, and the hospitals that serve the Maple Grove area face increasing demand for services. A hospital in Maple Grove would be Minnesota's first new facility the Woodwinds Hospital opened five years ago in Woodbury, MN.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
