| And you thought fixing your leaky faucet was expensive: Kane Construction CEO Dennis Kane tells us MOBs have a $50/SF premium on basic construction for service-delivery areas, bringing current buildout costs to at least $100/SF. That's because of stringent base requirements. ?You don't see a whole lot of open-plan medical facilities, so lots of drywall and doors with welded metal jambs are required for ... privacy,? he says. (While expensive, it's reassuring that no one can look in on our physicals, for their sake.) That can also involve extensive plumbing and special coverings for germ control. Kane's recent projects include Johns Hopkins Medicine International's new 36k SF HQ in Baltimore, as well as suites in Sibley Memorial Hospital's new DC MOB and a Washington Adventist Hospital affiliated practice in Silver Spring. |
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