EMERYVILLE — Sutter Well being has launched its billion-dollar plan for an enormous new East Bay campus with a string of actual property offers valued at effectively over $400 million for properties in Emeryville.
The purchases whole $450 million in seven acquisitions, based on paperwork filed on Feb. 19 with the Alameda County Recorder’s Workplace.
Vacant lot at 1400 53rd Avenue in Emeryville that would be the location of a future Sutter Well being medical middle with as much as 200-beds. Additionally seen are two massive workplace buildings on Hollis Avenue and Chiron Manner the place Sutter will function medical workplaces. (Sutter Well being)
Sutter Bay Hospitals and Alta Bates Summit Medical Heart teamed as much as buy seven parcels within the neighborhood of 53rd Avenue the place it intersects with Hollis Avenue, Chiron Manner and Horton Avenue, the county paperwork present.
Listed here are some particulars of the websites that the Sutter Well being associates purchased, based on paperwork from two Alameda County public data companies. All of the websites are in Emeryville:
— $170 million for an workplace constructing at 5555 Hollis Avenue.
— $156 million for an workplace constructing at 5300 Chiron Manner.
— $90 million for a parking construction web site at 4563 Horton Avenue.
— $18 million for a vacant lot at 1400 53rd Avenue that would be the location of the long run brand-new medical middle.
— $14.5 million for an empty web site on the nook of Hollis Avenue and Stanford Avenue.
— $750,000 for a web site close to Horton Avenue and 53rd Avenue.
— $750,000 for the Hollis Inexperienced Park at 5317 Hollis Avenue.
These are all a part of Sutter Well being’s plan to assemble an enormous new campus in Emeryville that can characteristic a regional vacation spot ambulatory care advanced and a brand new medical middle.
The brand new medical middle would have an preliminary capability of as much as 200 beds with room for future growth, based on the healthcare providers supplier.
“Our Emeryville campus project represents one of the most significant investments we’re making across our system over the next decade,” stated Sutter Well being Chief Govt Officer Warner Thomas.
The brand new medical campus is slated to whole about 1.3 million sq. ft.
The Sutter Well being advanced in Emeryville will supply outpatient providers on the two present workplace buildings on Hollis Avenue and Chiron Manner.
The healthcare titan will even present acute care providers on the new medical middle at 1400 53rd Avenue.
The Sutter Emeryville campus will even supply medical workplace house and parking at an present 1,992-space parking storage.
“This plan ensures our East Bay patients have seamless access to the full spectrum of Sutter’s integrated services,” stated Sutter East Bay Medical Group Chief Govt Officer Arzou Ahsan. These will embrace “primary and specialty outpatient care, imaging, lab and diagnostic services, ambulatory surgery, urgent care, and inpatient services,” Dr. Ahsan added.
