UMKC to build $120M medical office building

The University of Missouri-Kansas City has released renderings of its planned $120 million medical and dental office building, the system’s largest capital investment to date, according to an Oct. 17 report from Fox 4 News.

Advertisement

The six-story, 200,000-square-foot building will be constructed in a university-owned parking lot. It is expected to break ground in 2024 and be open for patients in 2026. 

The facility will provide office space, labs, and a data science and analytics center. 

The university has already secured $115 million in outside funding for the project, including $60 million from the last two Missouri state budgets and $10 million in federal funding, according to the report. 

Advertisement

Next Up in New ASC Development

  • The dynamics shaping mergers and acquisitions within the ASC space are constantly shifting as corporate entities push consolidation efforts and…

  • Here are five new ASC projects developed in Florida over the last six months, as reported by Becker’s: 1. Tampa…

  • Private equity firm IRA Capital has purchased a medical office building in Wilmington, N.C., for $17 million, according to a…

Advertisement

Comments are closed.