Rendina Announces New 140,000 SF Medical Office Building in Downtown Portland
PORTLAND, Ore: The first new medical office building development project in downtown Portland in 50 years is coming soon to the rapidly growing West End.
This exciting development is in the heart of the West End as a response to the demand for additional best of class healthcare providers needed to serve the growing residential population. The Portland Clinic, a leading healthcare provider that has set the standard for medical care in Portland for nearly 100 years, will serve as the anchor tenant of the new facility. To support The Portland Clinic's commitment to its patients and the Portland community, a host of services will be offered at the new location, including Primary Care, Internal Medicine, Cardiology, Orthopedics, Diabetes Care, Dermatology, Gynecology, Neurology, Rheumatology, and Urology.
We have been serving patients in the West End neighborhood for a century. We look forward to continuing our personalized, high quality care in this new first-class medical facility, which will be conveniently located, modern and contemporary in design, and packed with health and wellness services for everyone's needs, said Dick Clark, CEO of The Portland Clinic.
Rendina Healthcare Real Estate was selected as developer by The Portland Clinic through a competitive RFP process.
The Portland Clinic got us excited about this project from the beginning, said Steve Barry, President of Rendina. We are fortunate to be working with one of the most trusted healthcare providers in town that has built a culture around relationship-based care. The Portland Clinic's involvement, combined with the premier location of the West End Medical Center at 12th & Taylor, will make this project the blueprint for the future of healthcare delivery in a downtown setting.
Cushman & Wakefield has also been engaged by Rendina Healthcare Real Estate to provide leasing services for the new state-of-the-art facility. Tom Usher and Mark Carnese, who lead the firm's national Healthcare Advisory Group in Oregon, are heading the efforts to lease the remaining space, and have been tasked with a primary objective to identify tenants with complementary medical uses to The Portland Clinic.
We are very excited and honored to be involved in this landmark medical building in Portland, and it is our goal to deliver synergy to this facility that will serve as the healthcare anchor for the burgeoning West End, said Usher, Executive Managing Director. Healthcare is an industry always reinventing itself, which is especially hard to do as a result of COVID-19. In being constructed from scratch, the West End Medical Center at 12th & Taylor will have a distinct ability and advantage to be built-out with optimal health and safety measures.
The location of this Class A medical building will offer additional healthcare professionals the opportunity to provide crucial health care services in one of the fastest growing neighborhoods in Portland. Located two blocks away from the new Ritz Carlton (currently under construction), the West End Medical Center at 12th & Taylor will put many of the best local attractions within walking distance, including some of Portland's most famous restaurants - Multnomah Whiskey Library, Jake's Famous Crawfish, Tasty n' Alder, Bamboo Sushi, Bistro Agnes - as well as the Multnomah Athletic Club, the Timbers' soccer stadium at Providence Park, and dozens of retail storefronts.
The official address of West End Medical Center at 12th & Taylor will be 804 SW 12th Avenue, and the expected completion date is Summer 2023.
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