Officials celebrate grand opening of new $25 million orthopedic/sports medicine complex
- October 24, 2012
Real estate, business and local officials turned out Wednesday for a first in the region: the grand opening ceremony of a $25 million, 70,000-square-foot medical building that specializes in orthopedics and sports medicine and rehabilitation.
This niche-within-a niche in the active health-care real estate sector was done by two regional health-care organizations, OrthoVirginia and HCA Virginia, along with Richmond-based developer Lingerfelt Cos.
Some of their officials were on hand Wednesday evening to welcome visitors during a ribbon-cutting ceremony and tours of the two-story building located at 1115 Boulders Parkway in The Boulders Office Park in Chesterfield County. With a jazz band playing in the background, Al Lingerfelt, one of Lingerfelt’s principals, said “It has been a great project.” However, health-care projects aren’t without challenges, he noted. “Medical real estate is one of the most difficult, because there are so many factions. Regulatory agencies, doctors, It takes a lot of planning to get it done.”
The building, which opened last December, drew lots of interest with its modern architecture and backing by health care companies.
“What makes this location so unique is that our patients have access to the most advanced sports medicine and orthopedic care. From performance training to injury rehabilitation and surgical intervention to orthopaedic management, the team housed within this building offers the most elite care to help competitive athletes and weekend warriors alike improve their game,” Margaret Lewis, president of HCA Capital Division, said in a statement.
Critical to the location was proximity to HCA Virginia’s Chippenham Hospital, located practically next door off Jahnke Road. The new orthopedic building’s site is large enough to accommodate patient parking and an outdoor sports assessment field.
Dr. David Miller, president of OrthoVirginia, said in a statement that the project puts many talents under one roof. “Even with OrthoVirginia offices on every major Richmond community hospital campus, it is impossible to immediately schedule and carefully examine everyone who needs help. But this new facility at the Boulders, the partnership with HCA Virginia facilities, physical and occupational therapists, and the partnership with CJW Sports Medicine are an extraordinary collection of community talent and assets in one place.”
Lingerfelt Cos. developed the facility. The Richmond-based company has been developing properties for more than 50 years, and has a 12 million-square-foot portfolio of medical and professional office, industrial, retail, elderly housing and multifamily developments in six states in the eastern U.S.
Price Studios in Richmond served as the project’s architect. The general contractor was Hourigan Construction, and Atlantic Mortgage and Investment Co. arranged the financing. Many of these officials attended the gala to talk with people about the project under a canopy of white tents, set up by the building’s entrance.
With a location that offers access, via Chippenham Parkway, to the Powhite Parkway, Midlothian Turnpike, downtown Richmond and Interstate I-95, the developers hope the medical complex will serve as a regional resource for focused orthopaedic diagnostics, repair and rehabilitation.