Phoenix, AZ, August 5, 2014– A state-of-the-art medical campus will soon be built at one of the Valley’s best locations—the northeast corner of Loop 101 and 90th Street, on the Salt River Pima-Maricopa Indian community, less than two miles from the Scottsdale Healthcare Shea Medical Center. The 43-acre, mixed-use development will be named 90th Street Medical Campus.
“We have had tremendous interest for this extraordinary project from parties all over the country and overseas,” stated Julie Johnson, Executive Vice President with GPE Commercial Advisors, which has the exclusive listing to market this development. Johnson and Senior Vice President Alexandra Loye are the listing brokers for the property. “With its excellent demographics, freeway signage and visibility, access and location, it’s perfect for all healthcare providers—and it’s certain to generate hundreds of new jobs,” Says Loye.
Developed in partnership with Grosvenor Holdings and Healthcare Development Partners, the campus will include a 100,000 square foot Behavioral Hospital, already leased and in the planning stage. The project also calls for over 400,000 square feet of healthcare space for lease and sale, including a multi-tenant medical office building, a hospital-sponsored out-patient center, senior housing and complementary retail pads. Nearby attractions include the Arizona Diamondbacks’ spring training facility, Talking Stick Resort and Casino, and the future OdySea Aquarium.The demographic advantages of the North Scottsdale area include high median household incomes and a high-density insured population which is sure to attract the highest quality healthcare providers.Johnson said the region has a high demand for physicians that will only increase in the near future.
“A recent Physician Needs Assessment shows a statistical demand for medical professionals across almost every discipline, now and over the next five years,” she said. “And as a fast-growing area with lots of new families, there will be an especially high need for family practitioners and OB/GYNs.”
“This type of project is especially significant now, because we’re starting to see new development again for the first time since the downturn a few years ago,” said GPE Companies Founder Ron Genovese. He continued, “With the number of good jobs this development will create, it really bodes well for the community. We’re just so pleased to be involved with this project.”