Dignity Health is beefing up its presence in midtown Phoenix, signing a lease for 25,330 square feet in Park Central’s Burgbacher Building to launch a new outpatient cardiology center. The space, in the heart of the Phoenix Medical Quarter, is expected to open in roughly six months and will pull multiple heart specialties and on-site diagnostic services under one roof.
What the new cardiology center will include
The clinic is set to feature 39 exam rooms, two echocardiogram rooms, a nuclear medicine room and an infusion suite, with planned services ranging from medical cardiology to interventional and structural cardiology, heart failure, electrophysiology and cardiovascular surgery, according to KTAR News. Dignity Health says the outpatient center is designed to expand capacity and improve patient experience by consolidating cardiovascular care in a single location. The KTAR News report notes the lease covers space on the first floor of Park Central’s Burgbacher Building.
Who brokered the deal and what leaders say
The transaction was negotiated by Phil Wurth of CBRE on behalf of Dignity Health, while Plaza Companies’ Bill Cook and Andrew Cheney of Lee & Associates represented the Park Central ownership group, as reported by AZ Big Media. Plaza Companies’ Sharon Harper called the expansion “a major addition to Park Central,” and Holualoa Companies’ Steve Lindley said Dignity’s continued investment “speaks to the strength of the campus as a destination for healthcare excellence.” According to AZ Big Media, Dignity Health leaders say the newly renovated space will support more coordinated, multidisciplinary cardiac care.
Why Park Central
Park Central opened in 1957 as Arizona’s first major shopping mall and has since been reinvented as a roughly 500,000 square foot mixed-use campus that now houses health, education and research tenants, according to Park Central. The redevelopment has been intentionally positioned as the Phoenix Medical Quarter, with onsite partners including Creighton University’s Health Sciences Campus and Barrow Neurological Institute. The Burgbacher Building has been a particular focus of renovation aimed at drawing medical and life-science users.
What it means for patients and midtown
Developers say the cardiology center is on track to open in about 180 days and will give Phoenix patients easier access to comprehensive cardiac services closer to downtown, potentially easing pressure on hospital outpatient clinics, AZ Big Media reports. For Park Central, the lease adds another high-profile medical tenant to a growing lineup and reinforces demand for clinic-ready space in central Phoenix. Brokers involved in the deal say it highlights continued appetite from health systems for centrally located outpatient footprints.
