PMB Signs Deal with Providence St. Joseph Hospital to Develop New On-Campus Medical Building in Orange, CA
Officials at the healthcare real estate firm to break ground on the 137,000-square-foot Helen Caloggero Women’s & Family Center on the Providence St. Joseph Hospital, Orange campus in September 2021.
ORANGE and SAN DIEGO, Calif., Aug. 17, 2021 – PMB, one of the nation’s leading healthcare real estate owners and developers across the continuum of care, announced that it has finalized a transaction with Providence St. Joseph Hospital to develop the Helen Caloggero Women’s & Family Center on the campus of Providence St. Joseph Hospital in Orange, Calif. PMB will start demolition for the 137,000-square-foot center in August 2021.
St. Joseph Hospital is one of 52 hospitals within Providence health system, the third largest not-for-profit health system in the United States.
Mark D. Toothacre, President of San Diego-based PMB, said, “We are pleased to complete the deal with Providence to develop a new healthcare facility. This is the first step in our partnership to bring high-quality, multi-faceted women’s and children’s wellness programs to the greater Orange community.”
He added, “The women’s and family center will provide many benefits for local residents and physician tenants. It will be very accessible and conveniently located on the St. Joseph Hospital campus and near the CHOC Children’s Hospital. Plus tenants will have the opportunity to become investor/owners in the building.”
The four-story medical office building (MOB), to be located at 363 S. Main St., will house a wide range of services and amenities. These include mother and baby assessment center, maternal diabetes and wellness, maternal fetal testing, pelvic health & rehab, perinatal education, OB/GYN clinical offices, pediatric clinical offices, certified midwives, women’s mental health services, conference / education rooms, birthing center, wellness, a pharmacy and a Blue Bowl Superfoods outlet. Visitors and tenants also will have access to a convenient underground parking garage.
The architect for the project is the Orange County, Calif., office of Boulder Associates, and the general contractor is Snyder Langston, which is based in Irvine, Calif. San Diego-based PMB RES will serve as the property manager, and PMB and Madison Marquette will handle leasing. The women’s and family center is expected to be completed in the fourth quarter of 2023.