MedProperties, CBC and Candor Form JV to Develop New Hospital in Wichita Suburb
DERBY, Kan., and DALLAS, Texas – Residents in the Kansas counties of Sedgwick and Sumner and communities south and west of Wichita will soon have access to a new 89,500-square-foot, 31-bed, full-service acute care hospital in Derby, about 11 miles south of Wichita. MedProperties Holdings LLC, CarrBaierCrandall Real Estate Group and Candor Healthcare LLC have formed a joint venture to develop the new facility.
The hospital, which is expected to be completed in late 2018, will be built near Rock Road and Patriot Avenue on a 15-acre parcel in the fast-growing Rock Regional retail corridor. It will be in a highly visible, accessible location near major transportation corridors, including the K-15 Intrastate. The site includes additional space to expand the hospital in the future, if needed, and two additional land parcels that are available to build other future healthcare facilities such as a possible medical office building and a freestanding inpatient rehabilitation hospital.
Other development team partners include architect ACI Boland, general contractor McCownGordon Construction and engineer Renaissance Infrastructure Consulting.
Posted October 12, 2017
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