The Gilbert, AZ-based developer already owns the sites forFlorence Hospital at Anthem and Peoria Regional Medical centerwhile the Buckeye Regional Medical Center site remains undercontract. Timothy Johns, one of the principals with PHD Property,says the Buckeye land should be in hand in 30 days.

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Johns says it will take 14 months to complete construction oneach 60,000-sf hospital. In addition to acute-care beds, there willbe 20 to 30 beds in the emergency department.

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Johns tells GlobeSt.com that all three acute-care centers arebased on the successful model of Gilbert Hospital, which opened in2006 with 28 beds and will soon be expanded by 80 beds. "Oursaren't part of a larger health system and they're partiallyphysician-owned and investor-owned," says Johns, who is working inpartnership with David Wanger on the projects. "This makes ussmaller, leaner and more efficient."

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Johns points out that Gilbert Hospital physicians are seeingupward of 50,000 patients per year, with most of them having anaverage wait time of less than five minutes. "The philosophy underwhich we operate is that nurses and physicians dictate how thehospitals will be run, with the administration supporting thenurses and physicians," he adds. "It's the opposite in mostcampuses."

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Peoria Regional Medical Center will be built at the intersectionof Yearling Road and Lake Pleasant Parkway. Florence Hospital atAnthem will sit at the junction of East Hunt Highway and FranklinRoad. McDowell Enterprises LLC of Scottsdale is partnering with PHDProperty on both projects. James R. McDowell, principal with thefirm, says his company will co-develop the acute-care centers aswell as additional medical office buildings on the sites, rangingfrom 40 to 50 acres.

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The plan is to develop a 40,000-sf medical office building withthe acute-care center in Peoria, but that is subject to change."We're still in the permitting and design phase on both projectsand we're working our way through the cities' processes," McDowellsays.

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The Buckeye project will be built in tandem with the UnivestDevelopment Group in Scottsdale. Johns says Univest Developmentplans to build out the acreage surrounding the future hospital.

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Johns says that there is a lot of interest and proposals frominvestors for potential future projects, but PHD Property isn'tactively seeking more land right now. "It takes about one to twoyears of prep time before getting these out of the ground," heexplains. "We've bitten off about as much as we can chew."

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