Work begins on $38 million medical building in Henrico County
The Stanley Shield Partnership has broken ground on a $38 million health-care development at Towne Center West in Henrico County’s Short Pump corridor.
The Henrico-County based company is developing the first phase of the Short Pump Medical Center complex near Short Pump Town Center in cooperation with the Virginia Beach-based Breeden Co. real estate firm.
Stanley Shield said in a news release that it expects the 110,000-square-foot, five-story medical building to be completed by the end of next year. A major tenant will be VCU Health System, which plans to have a multi-specialty physician practice in the building.
The architect for the project is Ratio PC. Willmark Engineering will serve as the site engineer, and Hourigan Construction is the general contractor.
Towne Center West is part of a Breeden Co. master development that includes more than 800 apartment units.
Tenants at the 40-acre center include The Hilton Hotel, Virginia Eye Institute and Ethan Allen, a furniture store. BJ’s Brewhouse & Restaurant, a restaurant and brewing chain from southern California, opened a few weeks ago.
Stanley Shield said the development’s second phase would include two parcels adjacent to the VCU Health System building. The company plans to develop a 75,000 square-foot, three-story building on the land, bringing the entire medical development to 185,000 square feet.
Construction on that project is expected to begin in summer 2015.