Health system buys former newspaper building for $2.2M
A southwestern Michigan health care system has purchased additional facilities in downtown Kalamazoo for roughly $2.2 million to accommodate for expanded clinical growth.
Bronson Healthcare Group closed on an approximately $2.2 million purchase deal on April 24 to acquire the former Kalamazoo Gazette building, an adjacent facility previously occupied by the Business Review West Michigan facility, and a parking lot in downtown Kalamazoo to allow the health care organization flexibility as it adapts to continued growth.
With the acquisition of the more than 131,000-square-foot, three-story Kalamazoo Gazette building located at 401 S. Burdick St., and the nearly 5,300-square-foot former Business Review West Michigan facility at 423 S. Burdick St., Bronson Healthcare now has approximately 65 facilities with 3.1 million square feet of space throughout Kalamazoo, Calhoun and Van Buren counties. The buildings are located directly across John Street from Bronson Methodist Hospital’s North Pavilion in the South Town district.
The purchase of the Kalamazoo Gazette property allows the health care organization flexibility to relocate administrative and clinical support into adjacent buildings to accommodate growth and patient care expansion, according to a press release.
Mike Way, senior vice president of supply chain, facilities and real estate at Bronson, said the organization’s strategic facility plan continues to evolve as Bronson strives to achieve the most efficient use of space across the hospital campuses.
“With more patients than ever choosing Bronson for care, it is important to retain capacity within our hospital facilities to expand clinical functions, when needed,” said Way.
Frank Sardone, president and chief executive officer at Bronson Healthcare, said redeveloping the landmark property to its highest and best use over the coming years is a reflection of the organization’s commitment to the community.
“As the area’s largest employer, we care deeply about the vitality of downtown Kalamazoo and will continue to do all we can to catalyze its growth and reinvest in its future,” said Sardone.
Although the organization does not have an immediate plan for redeveloping the Gazette property, the space will be incorporated into Bronson’s organizational system inventory to be renovated when a specific need is identified.
Serving residents in nine counties in southern west and central Michigan, Bronson Healthcare includes a number of organizations such as: Bronson Methodist Hospital, Bronson LakeView Hospital, Bronson Battle Creek, Bronson Vicksburg Outpatient Center, Bronson Medical Group, and Bronson Health Foundation. With its numerous facilities across Kalamazoo, Calhoun, and Van Buren counties, the health system contributes roughly $2.4 million in local property taxes each year, and employs more than 7,700 individuals and 1,000 medical staff members.