client login

News Articles

<< Back

Needham, MA

December 22, 2008

Murphy McManus Completes Fast-Track Newburyport Medical Center

Needham, MA (December 22, 2008) - Murphy McManus is pleased to announce the completion of the Newburyport Medical Center. The project consisted of the complete turnkey development of a new 43,000 square foot ambulatory center adjacent to Anna Jaques Hospital in Newburyport, MA. The 3-story facility is anchored by a DPH-licensed cancer center equipped with state-of-the-art radiation oncology therapy equipment including a linear accelerator and CT/SIM scanner. The cancer center is known as the Commonwealth Newburyport Cancer Center.

Initially contacted by project partner Anna Jaques Hospital in Fall 2007, the design, permitting, and construction was completed in less than 12 months. The fast-track project was driven by a commitment by the anchor tenant to see patients before the close of 2008. Murphy McManus successfully accelerated the project schedule and fit-up work to enable the cancer center to see its first patients in December 2008. Fully leased, the other tenant fit-ups in the facility are slated for completion by Summer 2009.

The project was built on a portion of a former sand pit and required over 25,000 cubic yards of structural fill to create the building site. In addition to providing a modern healthcare facility to serve the community, the project also included the construction of a new access road from Low Street to the front entrance of Anna Jaques Hospital that will greatly reduce the traffic through the nearby residential neighborhood.

Financing for the project was provided to Murphy McManus by North Shore Bank.

Murphy McManus is a Needham, MA-based development management firm that provides comprehensive real estate services to healthcare, life science, and institutional/academic clients - from strategic planning and financial analysis to development management and project control to joint venture ownership and off balance sheet financing.