Mainstreet®, the nation’s largest developer of transitional care properties, will open a Next Generation® property in Surprise in the fall of 2016. The transitional care center will provide post-acute care and recovery services to patients following hospital interventions or surgeries.
The new Surprise development will be approximately 70,000 square feet and located on five acres just south of Grand Avenue at the northwest corner of Parkview Place and Parkwood Drive. This physician-based health care property will have up to 100 patient rooms with a focus on the patient experience.
“From day one, the community of Surprise welcomed Mainstreet with open arms,” said Chris Alexander, Mainstreet’s senior development director. “We’re excited to be developing our latest transitional care center in this location, and look forward to being part of this community for many years to come.”
City of Surprise Mayor Sharon Wolcott says the project will be beneficial in several ways.
“Mainstreet aligns with the Council’s strategic plan of attracting specialty medical services as well as more jobs to Surprise that enables residents the opportunity to work in their hometown,” said Wolcott. “This project also represents a tremendous private capital investment in our community that positively impacts the growth and development of our city.”
The Mainstreet project was a lead provided by the Greater Phoenix Economic Council (GPEC), the regional economic development organization for Greater Phoenix that works with its 23 member communities, Maricopa County and more than 170 private investors to attract quality businesses to the region. With this project, Mainstreet is projected to create 100 new jobs and bring approximately $20 million of capital investment to Surprise. The company is headquartered in Carmel, Indiana with ongoing development in Texas, Kansas and Colorado as well as 20 properties currently operating in Indiana.
Mainstreet is a national company specializing in real estate development, value investments and health care. As the nation’s largest developer of transitional care properties, Mainstreet has been recognized by Senior Housing News, winning the Architecture & Design Award in 2013 and 2014, and has been named to the Inc. 500l5000 five times since 2010. For additional information, visit www.mainstreetinvestment.com.