X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

FALLS CHURCH, VA-Inova Health System has completed development of the Inova Heart and Vascular Institute, a 410,000-sf hospital facility on the nonprofit healthcare provider’s Inova Fairfax Hospital campus. The price tag for the completed facility, originally estimated to be $122 million under a plan for just 280,000 sf, turned out to be $152 million.

Turner Construction Co. broke ground on the project in 2002, with William M. Brennan, senior vice president at Turner’s Washington, DC office, surmising the project at that time as “a state-of-the-art facility at which advanced heart procedures will be performed.” The new center is the Metropolitan Washington, DC area’s first medical facility dedicated exclusively to the treatment of cardiovascular diseases.

Located right off Interstate 495 near Arlington Boulevard, the IHI is encapsulated in a five-story structure that was designed by the architectural firm of Wilmot/Sanz. The center boasts a spot adjacent to the hospital’s outpatient surgery facility and features 156 beds, with 52 beds on each of three floors. Additionally, there are operating rooms, labs, administrative office space and a satellite pharmacy. An underground parking garage accounts for one of the floors.

Inova Fairfax Hospital is just one of many medical centers in Northern Virginia that have instituted multi-million expansions over the last couple of years. Among the many medical facilities that participated in the expansion trend are Mary Washington Hospital in Fredericksburg, which spent $47.3 million on renovations and the development of a 94-bed patient building, and Sentara Healthcare, which constructed its 400,000-sf CarePlex Hospital in Hampton for $72 million.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.