Healthcare expansion bringing shopping, apartments, hotels to hospital campuses

Mixed use districts are part of expansion strategy for expected new patient boom


The University of Maryland Medical System is exploring a mixed-use hospital project, according to an article on the Costar website.

In the current healthcare building boom, developers across the country are adding apartments, retail space and hotels to patient care facilities. 

The retail strategy for these healthcare systems on mixed-use facilities is a result of their realization that they need to go where the patients live, work and shop in order to compete effectively with other hospital systems, said according to a real estate professional.

In other cases, the hospital is merging with existing malls and shopping centers. 

Read the article.

 

 



December 1, 2015


Topic Area: Industry News


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