Ground Broken on Medical Office Building near Mountainside Medical Center
We are pleased to share that our friends at The Hampshire Companies and Circle Squared Alternative Investments have broken ground on a Medical Office Building project located near Mountainside Medical Center on the border of Montclair and Glen Ridge.
The 3-story, approximately 46,000 square foot building has been designed by NK Architects to feature flexible, adaptable, and modern medical office space for obstetrics and gynecology, neurosurgery, cardiology, and other specialties.
Jon F. Hanson, Chairman of The Hampshire Companies, spoke at the ceremony saying: “As the model for delivering health care continues to shift, we recognize that a profound opportunity exists for the development of on-campus state-of-the-art medical office buildings to help health care systems like Hackensack Meridian Health continue to deliver the highest levels of care. We are honored to work with the municipal leadership of Glen Ridge and Montclair and our project partners to deliver this medical office building that will enable Mountainside Medical Center to continue to meet the health care needs of the local community.”
“I think, in this room, we all know that more and more health care is being delivered outside the four walls of the hospital. So we’re going to need to really have — as part of a growing health care network — more ambulatory care centers, more medical office buildings that are very convenient, very accessible for patients and their families, but also ones that make health care more affordable because ultimately that’s a very, very big issue in health care today.”
The project is currently scheduled for completion in early 2020. Stay tuned for updates as progress continues.
Additional coverage:
Real Estate NJ: Hampshire, Circle Squared break ground on medical offices in Essex County
NJBiz: Hampshire Cos. breaks ground on medical offices project