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Meridian Property Co. Breaks Ground on New 10,500 SF Outpatient Center in Marin County, Calif
According to Meridian COO John Pollock, the groundbreaking celebration comes after overcoming many challenges including collaboration between stakeholders to purchase multiple parcels, selecting a site in a land-constrained setting, combining architectural styles, finding space for parking, and permit delays. "The development of the new medical clinic required the purchase of two properties; the property at 1415 Third Street, which formerly housed an office building that was demolished in April, and the other, 814 E. Street, a turn-of-the-
Meridian partnered with architectural design firm San Francisco-based Carey & Co., Inc., specialists in restoration projects throughout the Bay Area, to restore the Victorian home. Once restoration of the Victorian is complete, Meridian will be able to reduce the combined parking requirements, create additional underground parking below the clinic, and enable the development of the outpatient center to proceed.
Harriman Kinyon of Walnut Creek, Calif., is the architect for the outpatient clinic. The design of the new clinic, in keeping with the historical nature of the downtown community, will complement its surroundings, blending the use of natural material, planters, trees and shrubs.
In March 2014, Meridian closed escrow on the purchase of a 69,000-square-
Pollock believes the implementation of the Affordable Care Act (ACA) has “paved the way to new models of care requiring providers to re-think their delivery of services in a lower reimbursement environment, and requires innovation from across the spectrum from population health management, to administration, physician alignment, and facility utilization”
About Meridian Property Company
A division of Marcus & Millichap Company, San Ramon, Calif. based Meridian Property Company is a full-service real estate developer having completed over one million square feet of innovative and integrated commercial office, primarily medical, since its inception in 2000. Meridian’s services are broad in scope but meticulous in detail -- from site evaluation and land acquisition to entitlement and planning to construction and management. For more information, see mpcca.com.
Anne Monaghan / Monaghan Communications
Page Updated Last on: Jun 02, 2014