Mortgage And Real Estate News

Saturday, July 24, 2010

2 development projects OK'd

by Edward Gately The Arizona Republic Jul. 10, 2010 12:00 AM

Future expansion and improvement at Scottsdale Healthcare Osborn Medical Center and a multilevel luxury-condominium project on the southeastern corner of Camelback Road and 68th Street were given the green light by the Scottsdale City Council.

Both requests originally were among items on the council's Tuesday consent agenda, which required a single vote for approval. The Scottsdale Healthcare request remained on the consent agenda, and the council unanimously supported it.

The condominium request, however, was moved to the regular agenda, and Councilwoman Marg Nelssen cast the only vote against it. She questioned the effect of the project on the adjacent residential area.

Scottsdale Healthcare's long-term plans include the construction of two patient towers. The expansion could add more than 240 beds to the Osborn Medical Center, bringing the total to more than 630.

The medical campus, on the northwestern corner of Osborn Road and Drinkwater Boulevard, was established in the mid-1960s.

The council's approval allows Scottsdale Healthcare to move forward with development plans over the next 20 to 25 years. Plans call for expanded inpatient and outpatient surgical services, more private patient rooms and additional intensive-care beds.

Plans also include developing a new main entry, more parking, a neurosciences center and a conference center.

"Scottsdale Healthcare can now move forward planning for the future . . . with a campus that is well planned, well thought out and will hopefully serve the future needs of the community for decades to come," said John Berry, a zoning attorney for Scottsdale Healthcare.

It also operates two other hospital campuses and is the city's largest employer.




2 development projects OK'd

Real Estate News

Reuters: Business News

National Commercial Real Estate News From CoStar Group

Latest stock market news from Wall Street - CNNMoney.com

Archive

Recent Comments