A York County man plans to convert a nearly 69,000-squarefoot building near Memorial Hospital into office condominiums, primarily for medical businesses.
In late June, a limited partnership called Sixth Avenue Professional Center paid about $1.1 million for the building at 1600 Sixth Ave. in Spring Garden Township.
John Woodward and his wife, Tamela, run the partnership, John Woodward is president of Real Services Inc., a Yorkbased construction and property maintenance company.
Woodward hopes to capitalize on some doctors' growing desire to have offices on or near hospital campuses. Woodward's building is about one block from Memorial Hospital.
"There are a lot of doctors who want to stay close to their home hospitals," Woodward said.
Woodward plans to start renovating the building within 30 days.
The project, which Woodward estimated would cost between $2 million and $2.5 million, will include a new facade, landscaping and parking for more than 200 cars,
About 40 percent of the space has been sold. Although Woodward would not provide specifics, he said one of the tenants was a professional office, and the others were medical offices- The first tenant is expected to move in later this year, and Woodward said he expected the building to be full within three years.
In addition to its proximity to Memorial Hospital, the building also is near Interstate 83 and Route 30, which should make it attractive to tenants, said Russ Bardolf of Rock Commercial Real Estate. Bardolf and David Bode of the York-based firm handled the sale. Ettco Tool & Machine Co. moved out of the building in late June.
"It was an excellent opportunity to reuse this building," Bardolf said.
Several medical office buildings have appeared in Central Pennsylvania in the past few years. For example, Harrisburgbased PinnacleHealth System opened the Fredricksen Outpatient Center in Cumberland County in 2000. The Hampden Township center includes 60,000 square feet of office space for physicians.
In 2003, Lancaster General Hospital added a 60,000-squarefoot medical office building on its health campus in East Hempfield Township, Lancaster County.
Office space on or near a hospital campus can be attractive to doctors in specialties that require them to spend a lot of time at the hospital, said Sherry Migliore, director of consulting with PMSCO Healthcare Consulting in Lower Paxton Township.
Such specialties include surgery and cardiology.
However, the space is not suitable for some doctors, such as those with patients who do not live near a hospital.
"Doctors are not going to move away from their patients just to be near a hospital," Migliore said.
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