Business

Pardee buys two parcels adjacent to hospital

House will be torn down and the lot for now will be set aside as green space, officials say.

By Bill Moss, Published: November 25, 2012

Pardee Hospital plans to clear a 62-year-old house across from the hospital and has no immediate plans for a medical office it bought on the oppposite corner of the two-square-block medical campus, officials say.

Pardee Hospital bought medical office on Fleming Street at Ninth Avenue.The hospital bought the house at 615 N. Justice St. from Glennard H. Corn for $192,000. The 1,140-square-foot house was built in 1950 and had a tax value of $168,000.

The hospital plans to raze the home and devote the land to green space, said Kris Peters, Pardee's chief strategy officer. The work is in the current year's budget.

Pardee officials negoaited the purchase of the two parcels after the Board of Directors authorized the acquisition of key pieces that could be needed in the medical campus area, Peters said.

The hospital paid $704,000 for the medical office that had been occupied by surgeons Michael Jones and Charles Albers at 835 Fleming St. The property includes a spacious parking lot at the corner of Ninth Avenue and Fleming Street.

The 4,100-square-foot office, built in 1984, was assessed for tax purposes at $765,100.
For now the parking lot is not needed, Peters said, and the hospital has no immediate plans for the property. "We're looking at a new round of master facilities planning and we'll work that in when we do that," she said. "It could be clinical or support functions."
Sales of the real estate closed last summer.