NexCore Group MOB Development Named 2017 HREI Insights Awards™ Winner
A healthcare facility developed by NexCore Group has been honored as a winner in Healthcare Real Estate Insights™ (HREI) magazine’s annual, national awards program. NexCore, which is headquartered in Denver, developed Women’s Care Florida Women’s Health Center in Tampa, Fla. The facility took top honors in the “Best New Development, Medical Office Buildings (MOBs) and Other Outpatient Facilities, 50,000 to 99,999 square feet” category.
The HREI Insights Awards™ are the first and only national awards dedicated to recognizing excellence in the areas of healthcare real estate (HRE) development and executive leadership. The awards are presented by HREI magazine, the first and only national magazine entirely devoted to covering HRE development, financing and investment.
NexCore Managing Principal Todd Varney received the prestigious award at a Dec. 7 luncheon ceremony held at the RealShare HRE Conference in Scottsdale, Ariz., one of the year’s largest gatherings of HRE professionals and healthcare executives.
Accepting the award with 300 industry peers in attendance, Mr. Varney remarked, “We are very proud that HREI magazine has once again recognized NexCore’s projects in their prestigious annual awards program. Women’s Care Florida Women’s Health Center exemplifies NexCore’s constant mission to help clients maximize opportunities to deliver the highest quality healthcare with the best, most efficient and cost-effective facilities possible. We at NexCore are very proud to be recognized again for our dedication to those ideals with this esteemed award.”
NexCore projects have been named Finalists 10 times and Winners four times in the five-year history of the highly competitive HREI Insights Awards program, the results of which are announced each December. For more information on the HREI Insights awards, please visit www.hreinsights.com.
Women’s Care Florida Women’s Health Center, Tampa, Fla.
Winner of the “Best New Development, MOBs and Other Outpatient Facilities, 50,000 to 99,999 square feet” Category, Women’s Care Florida Women’s Health Center is a three-story, 63,289 square foot Specialty Women’s Health Center with an Ambulatory Surgical Center, Cancer Treatment, and Imaging located in a growing Westshore district of Tampa. The facility, completed in October 2017 and due to open January 2018, allowed client Women’s Care Florida (WCF) to create a premier outpatient center providing comprehensive, 21st century women’s care and surgical services in a convenient location.
After being selected in a competitive RFP process, NexCore engaged WCF’s 160 physicians in its physician investment program whereby individual physicians purchase equity shares to achieve real estate returns as part of a long-term hold strategy. In addition, NexCore provided WCF with speed-to-market: in the acquisition of the site, improving WCF’s preliminary site plan and building design, securing entitlements, and breaking ground just eight months after being awarded the project. NexCore started work at-risk on the engineering and design of the building while working with state and local municipalities on entitlement and use approvals to keep the project moving forward on a fast track. NexCore maximized the building area on the site to provide WCF with additional usable square footage, while maximizing parking to meet the challenging requirements of the Westshore District.
The new facility allows WCF to enhance patient satisfaction with a conveniently located, patient-centered, one-stop care center, offering quality healthcare services such as maternal-fetal medicine, gynecology, urogynecology and ambulatory surgery. Additionally, WCF is now able to provide cancer treatment, which expands its service line and improves patient convenience. Finally, the facility will create several dozen new full-time jobs in the Tampa community.