As the booming West Valley continues to grow, the healthcare real estate community has heeded the call and is delivering.
Mangat Group is developing Sundance Medical Center, which will be located at the NWC of Yuma Road and Sundance Parkway in Buckeye. The two-story medical office building will total 43,600 SF.
Banner Health announced plans to build a hospital in Buckeye at the NWC of Verrado Way and I-10. The new four-story hospital will total 330,000 SF.
“Buckeye is in need of medical services, everything from women’s services to pediatrics to imaging to specialty services to geriatric medicine to outpatient facilities,” said Andrea Davis, CCIM, Principal of Andrea Davis CRE. “As one of the Valley’s fastest-growing markets for new commercial growth, Buckeye is expected to experience a medical office building boom as the young-family oriented city continues to grow.”
Sundance Medical Center is breaking ground in late 2022 and scheduled to open in mid-2023. It will be designed for all size of tenants, and include capability to handle an out-patient surgery center on the bottom floor. It will feature building and monument signage, medical parking, covered reserved parking, a drive-up to the entrance to drop off patients, and a generator pad on site,
“Underneath the trendy design, Sundance Medical has cutting edge structural features needed for medical practitioners,” Davis said. “The developer will help with an upfront space design of the suite and there is a generous tenant improvement allowance. We are already negotiating with enthusiastic practitioners.”
As the largest Valley city in terms of size – 640 square miles – Buckeye boasts more than 91,000 residents, an 80 percent increase from 2010, according to the city website. The Maricopa Association of Governments predicts Buckeye’s population will balloon to 305,000 residents by 2040.
Commercial activity in Buckeye is on the rise as the city sees investments across all industry sectors. Meeting demand of the growing population, Buckeye proves to be a successful location for new development.
Buckeye has landed KORE Power, a lithium-ion battery manufacturer expected to add more than 3,000 well-paying jobs to West Valley. Buckeye also boasts Verrado, an 8,800-acre master-planned community.
Andrea Davis, CCIM, has practiced commercial real estate for more than 20 years. Davis’ breadth of knowledge stretches from developers to landlords to buyer/tenant representation and investments. Within the commercial real estate industry, Davis has won numerous awards. Andrea Davis CRE is listed among the top 10 in Ranking Arizona for the category of Office Brokerage. Her book, SimpLEASEity™, focuses on leasing and is the first in a series of commercial real estate guidebooks. Her next book, Simply Own It, the American Dream, is forthcoming this year.
