Work begins on Newton medical office development
09/25/2012 5:19 PM
09/25/2012 5:20 PM
InSite Real Estate Group has begun construction on a medical office development just south of Newton Medical Center.
The project will encompass two medical office buildings, each more than 10,000 square feet, on 21/4 acres on the southeast corner of Medical Center Drive and Medical Parkway in south Newton.
Completion of the first building, which is 10,813 square feet, is expected in January, said Dan Unruh, a partner in InSite.
The general contractor on the development is Hutton Construction. Architects are Health Facilities Group and WDM Architects. Commerce Bank is financing the project.
InSite has two tenants for the first building, Integrity Medicine LLC and Cardiovascular Care PA, which makes it fully occupied.
Unruh said the second building will be built once developers have tenants, most likely physician offices or other medical service providers. InSite is actively marketing the second building.
“It would be a stretch to say at this point that we have anybody standing in line,” he said. “It’s a plan we have in place to add a building when conditions warrant. We’re not opposed to building on a spec basis, but that’s not part of the plan right now.”
Other projects InSite has under way are the Office Park at Eberly Farm, which is a 91/2 acre development in northwest Wichita with 44,000 square feet of developed space with another 40,000 square feet available, and Meadow Pointe, a 10-acre development in Salina that includes a new Dillons and 15,000 additional square feet of retail and service space.
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