Banner Health to build new hospital in Buckeye
Banner Health plans to build a hospital in Buckeye — directly across the street from a competitor making plans to build its own hospital campus.
The Phoenix-based nonprofit health system plans to build a four-story, 330,000-square-foot hospital at the northwest corner of Verrado Way and Interstate 10, which is where its Banner Health Center is located on land the hospital system already owns.
It would be across the street from Abrazo Health, which in December paid $9.7 million for a 27-acre parcel at the southwest corner of Verrado Way and I-10 to develop its own medical campus that would include a medical office building and acute-care hospital. Facility and service planning are underway.
It’s a busy intersection, where Costco Wholesale Corp. (Nasdaq: COST) plans to build a warehouse at the southeast corner of Verrado Way and I-10.
Banner, which currently operates 13 hospitals in metro Phoenix, plans to open its Buckeye hospital in the fall of 2024 with 120 beds, with a goal of growing to more than 300 beds as the community grows.
Total development costs for the project are not yet available, according to hospital officials. SmithGroup has been hired as architect, while McCarthy Building Cos. has been selected as general contractor.
This new hospital would add to Banner’s recently opened Banner Ocotillo Medical Center in Chandler.
The health system also has preliminary plans to buy land managed by the Arizona State Land Department for a new hospital in north Scottsdale. Banner is working with city of Scottsdale and Arizona State Land Department in an effort to buy 40 to 50 acres at the northeast corner of Loop 101 and Hayden Road. That site is across the street from Cavasson, Nationwide Realty Investors’ master-planned development on the northwest corner of Loop 101 and Hayden Road that is proposed to include a residential health care facility.
There are about 185 acres of State Trust Land on the northeast corner of Loop 101 and Hayden Road, according to a spokesman for the Arizona State Land Department. Banner submitted an application to purchase about 40 acres of that land, he said.
Banner is one of the nation’s largest health systems, with 30 acute care hospitals, outpatient surgery centers, urgent care centers and other health services in Arizona, California, Colorado, Nebraska, Nevada and Wyoming.