UK Healthcare Enters Purchase Agreement for New Medical Campus

UK HealthCare announced plans to enter into a purchase agreement to acquire roughly 27 acres of property for approximately $20.3 million.

By HFT Staff
July 14, 2022

Reflecting the growing healthcare needs and population trends of the community, UK HealthCare announced plans to enter a purchase agreement to initially acquire about 27 acres of property for approximately $20.3 million in the Hamburg, Kentucky, development.  

The property is anticipated to be a home for a medical campus that could include a regional hospital facility, a medical office building and other clinical facilities. 

The Hamburg area of Lexington-Fayette County is a fast-growing area of the Bluegrass region. As part of its 2025 strategic plan, UK HealthCare is focusing on not only providing more health care access to Kentuckians but ensuring that this access is more convenient for patients. 

The proposed community medical campus will provide acute care services to complement UK HealthCare’s main medical center facilities, UK Chandler Hospital and UK Kentucky Clinic. 

UK will complete property due diligence and planning activities in accordance with the development agreement. Following a successful due diligence period and with additional approval from the UK board of trustees and Kentucky’s secretary of finance and administration, UK will complete the purchase of the property. 

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