hospital and medical office.
MCKINNEY, TX-CBRE Healthcare Services and Baylor Health System have signed off on its second project, a 470,000-square-foot, 95-bed, full-service hospital and adjacent medical building dubbed Baylor Medical Center at McKinney. The commercial real estate project broke ground during spring of 2010 and was completed within two years, while coming in under budget.
The health care center is up and running at US 380 and Lake Forest Drive, and is in the process of becoming LEED-certified. CBRE Healthcare Services, a specialty group within in CBRE, provided ground-up development, design on the project and is also providing ongoing facility management.
According to Jeff Cox, CBRE’s alliance director for the Baylor Health Care System account, CBRE was involved in going north on Baylor Medical Center at Plano during the early 2000s. But at that time, it was Trammell Crow Co. that was working hand-in-glove with Baylor, and services were provided to the health care system through contracts, rather than via a dedicated team.
Through that dedicated team, “we were a lot closer to the capital process and a lot closer to the wants and needs of the Baylor administrative community,” Cox tells GlobeSt.com. “It allowed us to be better integrated with the client when it came to delivering this type of project, more than if we were simply working on a contract basis.”
The dedicated team was also effective with the medical projects’ constituents. Cox says the stakeholders consisted of everyone from the chief nursing officer, to public safety, to the environmental health group. “The different departments had input into the needs and desired outcomes for their particular space,” he remarks. “We could take that into account for developing the overall hospital.”
And, on the CBRE side, the company’s Project Advisory Review Team, better known as PART, came into play. “PART pulls resources and people together from across the company that have had involvement in similar projects for the sake of helping us think through every question in areas of effective budgeting, design and timelines,” Cox remarks.
With Baylor of McKinney up and running, the next stop for CBRE/Baylor is Waxahachie, TX, a city about 20 miles south of the Dallas CBD. Baylor has a health center in operation there, one that will undergo renovation and upgrades.
Cox explains that lessons learned from the McKinney process will be helpful in Waxahachie; with one of those lessons involving the ability to tap into industry knowledge and case studies to help Baylor come up with strong results without cost overruns. “Overall, the lessons we’re trying to apply are that, as hospital systems continue to feel the pinch of the economy and healthcare reform, we need to help clients deliver high-quality projects to their communities more efficiently and at less cost,” Cox adds.