University Hospitals (Formerly Lake Health) – Brunner Sanden Deitrick Wellness Center
The concept for the University Hospitals (formerly Lake Health) Brunner Sanden Deitrick Wellness Center was born out of a need for preventative, consumer-oriented healthcare in the Lake County community. The 86,000 SF wellness center includes medical fitness, including a competition six-lane lap pool, a leisure pool, a warm-water therapy pool and a whirlpool; urgent care; physical therapy; cardiac rehab; sports medicine; cardiology; imaging; lab; and pharmacy.
Boldt was able to navigate the project through a contentious rezoning and site plan approval process, with the rezoning requiring voter approval by way of a referendum. The entitlement process was further complicated due to the desire of the client and the local public school district to develop the facility adjacent to the Mentor High School campus, on land owned by district and the City. Boldt brought together district administration, the City of Mentor and the Lake County Port Authority (as landowner and conduit lender) to develop a public-private partnership that allowed the project to move forward.
As a result, the project location allows for significant collaboration between the school district and University Hospitals, including expanding the Cardinal Clinic for district employees, providing an aquatics center for the swim team to hold practices and host swim meets, and providing opportunities for student internships.
University Hospitals (Formerly Lake Health)
Mentor, Ohio
- Healthcare Real Estate Development
- Construction Manager
New Construction
86,000 SF
MARKET
Healthcare
Project Highlights
- Boldt developed a creative solution to allow the transfer of land from the public school district to the project, using the Lake County Port Authority as a conduit financing and development partner.
- The facility was delivered turn-key while maintaining a market rental rate for University Hospitals as tenant.
- Boldt creatively utilized access to capital markets to decrease the project’s cost of capital while maintaining an off-balance sheet lease for the client.
