The Gilbert, AZ-based developer already owns the sites for Florence Hospital at Anthem and Peoria Regional Medical center while the Buckeye Regional Medical Center site remains under contract. Timothy Johns, one of the principals with PHD Property, says the Buckeye land should be in hand in 30 days.
Johns says it will take 14 months to complete construction on each 60,000-sf hospital. In addition to acute-care beds, there will be 20 to 30 beds in the emergency department.
Johns tells GlobeSt.com that all three acute-care centers are based on the successful model of Gilbert Hospital, which opened in 2006 with 28 beds and will soon be expanded by 80 beds. "Ours aren't part of a larger health system and they're partially physician-owned and investor-owned," says Johns, who is working in partnership with David Wanger on the projects. "This makes us smaller, leaner and more efficient."
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