The company, which already has Oakwood Annapolis Hospital and Oakwood Healthcare Center in the area, wants to build the campus on residentially zoned land with the PUD. Oakwood cites studies by the Southeast Michigan Council of Governments and the Population Division of the US Census Bureau that western Wayne County, which consists of Canton and nine other communities, will grow its population by 12% by 2030, while the state population is only expected to increase by 7.6%. Canton itself is expected to grow from 76,366 residents in the 2000 Census to 108,025 residents by 2020. "There is, and will continue to be, a significant need to meet the growing healthcare expectations of residents in western Wayne," say company officials in a statement. Oakwood officials did not return calls for comment.

In its revised plans, the company says it will not include a heliport and will have minimal siren noise issues. All buildings will no higher than four stories tall, according to the new plan. Also, Oakwood will add a left-turn lane onto Beck Road to ease traffic concerns, and will build the proposed campus 20 acres from nearby existing homes. The Chicago-based valuation firm Stout Risius Ross, hired by Oakwood, has released a study that says there will be only a positive impact on nearby home values.

Continue Reading for Free

Register and gain access to:

  • 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
NOT FOR REPRINT

© 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.