Converting Office Space to Healthcare Facilities
Bisnow May 8, 2024, It is not easy or inexpensive, but many office projects have ample parking and are located near residential and commercial areas. “Leopardo Vice President of Healthcare David Rutledge said when developers are looking to build a new healthcare facility from the ground up, they often find that ideal sites like Knightly described are few and far between. Converting existing office buildings into healthcare facilities, however, provides a prime location, accelerated timeline and cost-effective strategy. Of course, these conversion projects don’t come without significant challenges. When transforming an office into a healthcare facility, the building will likely need new utility services, mechanical, electrical and plumbing infrastructure, and vertical transportation modifications, at a minimum. How quickly and easily these changes can be made depends on the existing structure of the building… One thing driving the electrical and design needs of a healthcare facility is the diagnostic and treatment equipment, which requires a great deal of space and electricity to operate.” Again, it may not be easy or cheap to convert office buildings into medical facilities, but in certain circumstances it might still be less expensive than building a new health facility from ground-up.