Medicus Development Partners & Ankura Completes 50,000-SF Outpatient Care Center | Kildeer, IL
Ankura Healthcare Real Estate Solutions and Medicus Development Partners Complete Northwest Community Healthcare Outpatient Care Center Early 2020
Ankura and Medicus Development Partners was initially engaged by Northwest Community Healthcare (NCH) in 2015 to help its medical group develop an overall growth and distribution strategy. As part of this effort we also developed a competitive differentiation strategy designed around “Radically Convenient Access Innovation” and identified opportunities to improve processes / operations and physician and staff productivity for the medical group.
Ankura and Medicus Development Partners subsequently completed an ambulatory strategic facility plan for two prioritized submarkets. The study included a market assessment, volume projections, facility programming, operational planning, capital budgeting and financial projections.
The new facility is located on a 5-acre site at the corner of Rand and Cuba Roads in Kildeer, Illinois. The project is owned by a joint venture formed by Medicus Development Partners, a Chicago-based private equity firm focused on investing in healthcare real estate developments across the U.S., and Northwest Community Healthcare, an independent healthcare system dedicated to serving Chicago’s northwest suburbs since 1959. Ankura Healthcare Real Estate Solutions, an affiliate of Medicus Development Partners, is providing an integrated suite of strategic facility planning, real estate development and program management services on behalf of the joint venture. Leopardo Companies, Inc. and delivered the project under a design-build approach with architecture firm Jensen & Halstead, Ltd. and Wintrust Financial provided construction financing.
The Outpatient Care Center, completed in early 2020 includes:
Primary care and specialty physician clinics
An immediate care center
An advanced imaging center, including MRI, CT, X-ray, ultrasound, cardiac diagnostics and bone densitometry
A breast imaging center
Intensive cardiac rehab
About Medicus Development Partners
Medicus Development Partners is a Chicago-based private equity firm that was formed in 2007 by healthcare real estate industry veterans Fred D. Campobasso and Brian Baker to focus on investing in healthcare real estate development projects across the U.S. For more information, please visit: www.medicusdevelopment.com.
Ankura is a business advisory and expert services firm defined by HOW we solve challenges. Whether a client is facing an immediate business challenge, trying to increase the value of their company or protect against future risks, Ankura designs, develops, and executes tailored solutions by assembling the right combination of expertise. We build on this experience with every case, client, and situation, collaborating to create innovative, customized solutions, and strategies designed for today’s ever-changing business environment. This gives our clients unparalleled insight and experience across a wide range of economic, governance, and regulatory challenges. At Ankura, we know that collaboration drives results. For more information, please visit: www.ankura.com.
Ankura’s Healthcare Real Estate team provides integrated end-to-end real estate solutions, from strategy to financing and development, to health systems and large medical groups across the US.