Irgens, Banner Health and Estrella by Newland Communities Join Forces to Bring New Medical Facility to Goodyear Community
Phoenix – Irgens, Banner Health and Estrella by Newland Communities have joined together to jointly announce the development of Mountain Ranch Medical Commons, a state-of-the-art, 18,000 SF Class A medical office facility to be developed just north of Estrella Parkway at the Cotton Lane intersection. Irgens purchased 5.3 acres of land in Estrella, a mixed-use, master planned community in Goodyear, from Newland Communities, and Banner Health will offer primary care services as the anchor medical tenant.
“Mountain Ranch Medical Commons will offer this growing and underserved community access to high-quality medical care and other health services,” said Jason Meszaros, Vice President and Market Manager for Irgens. “We’re excited to be working closely with our development partners and the local community to bring this exciting initiative forward.”
The architect for Mountain Ranch Medical Commons is 33 North. The single-story structure will offer efficient, custom-designed medical space, upscale amenities and a sustainable design that conforms to standards of the Green Building Initiative (www.thegbi.org). Additional space for a complementary user in the development is available on the 2.34 acre parcel. Bruce Campbell of CBRE is serving as the listing broker for the balance of the project.
“We are pleased to be able to expand Banner’s presence in the Valley through this new Health Center,” said Jim Brannon, Chief Executive Officer for Banner Medical Group. “Through our community health centers we look to provide high-quality, convenient healthcare for the whole family — from young families to mature adults and everyone in between.”
The official groundbreaking is slated for fall 2012, with the building completion targeted for mid-2013. Terms of the land purchase and lease were not disclosed.
Estrella provides a lakeside oasis nestled in the Sierra Estrella Mountains, approximately 17 miles from downtown Phoenix on Estrella Parkway in Goodyear, in the Sonoran Desert Valley. Estrella currently offers more than 500 acres of parks and open space including 72 acres of lakes for boating and fishing, the Starpointe Residents Club, hiking trails, basketball, volleyball and tennis courts. Estrella also is home to a Nicklaus-design championship golf course. The land use plan for Estrella calls for approximately 50,000 homes, about 1,600 acres of commercial and a build-out of approximately 25 years (approximately 2032). For more information, please visit www.estrella.com.
“Providing convenient access to medical services to the already successful commercial gateway of the Estrella community is a tremendous addition for our residents,” said Rita Brandin, Sr. Vice President and Development Director, Newland Communities. “A true win-win partnership has been created with all entities involved in the transaction, with the biggest benefactors being Estrella’s residents.”
Irgens is a full-service real estate solutions firm that has completed hundreds of successful projects throughout the United States over the past 30 years. Based in Milwaukee with additional offices in Phoenix and Chicago, the Irgens team of 75 high-level real estate professionals offers creative and measurable solutions aimed at maximizing asset value and achieving total project success. To view Irgens projects in the Phoenix area, visit www.irgens.com.
From Alaska to Arizona, Banner Health is dedicated to fulfilling our nonprofit mission of making a difference in people’s lives through excellent patient care. Based in Phoenix, Banner Health was recently named one of the top five large health systems in the country based on clinical performance by Thomson Reuters.
Newland Real Estate Group, LLC
Estrella’s developer, Newland Real Estate Group, LLC, is a diversified real estate company leveraging a national platform and over 40 years of experience to perform challenging and diverse development, investment, management, and advisory services across a wide range of real estate. The company’s mixed-use development business, Newland Communities, actively owns, operates and develops premier residential master-planned, commercial, retail, and urban mixed-use real estate across the U.S. Headquartered in San Diego, Newland and its affiliated companies have completed, or have underway, more than 140 diverse real estate developments, more than 20 million square feet of commercial and retail space, and 175,000 residential units in 14 states.