The Sanatoga Greene mixed-use development project will also include an approved Medical Office Building (MOB) complex containing two 60,000 square foot office buildings dedicated for medical use and/or Ambulatory Care Centers to be leased by the developer to a credit worthy Regional Healthcare Group seeking to expand their presence in the existing market or enter this high potential market.
With its proximity, visibility and accessibility to the Sanatoga Interchange off of US Route 422, Castle Sanatoga, LLC (as the developer) believes the desire of a Healthcare Group to lease a MOB/ACS facility at this location will be strong from a market capture and market retention standpoint. There are few if any large tracts of land along 422 that have the advantages of Sanatoga Greene including its approvals to immediately move forward with development.
The Route 422 corridor is populated by a strong demographic of individuals with healthcare needs that can be serviced by local doctors and respective upscale and modern medical facilities.
The medical buildings at Sanatoga Greene will be Class A Facilities and provide the most modern facilities, equipment and fit-out in the entire market.
Castle Sanatoga, LLC hopes to begin sitework in the first quarter of 2020 with building construction being initiated at the end of the second quarter, building opening should occur prior to the end of 2021.