An Indianapolis developer has unveiled $47-million plans to build a new medical office building in Mishawaka.
There is one simple reason why the project has been proposed for Mishawka: the earlier decision to build a new St. Joseph Regional Medical Center there.
The two projects are so connected that the medical office building and the hospital would be physically connected on five floors.
“There will be a cancer center, doctors offices and exam rooms, imaging suites and some retail space,” according to Mishawaka Redevelopment Director Laura Wagley.
The medical office building would contain 208-thousand square feet of space, and would bring 370-jobs to Mishawaka---although the jobs that Mishawaka gains, will be lost elsewhere.
The developer’s own estimates show that 259-of the jobs that would locate in the Mishawaka development, would be leaving medical office buildings in South Bend, while another 49 would come from medical office buildings in Elkhart.
The new proposal means that Mishawaka continues to be a hot spot for medical related development.
“We’ve already seen a lot of medical facility clustering and support services as the hospital has announced that they were going to locate their new hospital up north,” said Wagley.
Wagley said someone recently bought the former Makielski Art Store building with plans to offer medical services there, and that a former insurance building is now occupied by the South Bend Medical Foundation.
While the hospital will be a not for profit venture, the owners of the office building would be subject to property taxes.
However, they are seeking a tax abatement as the proposal goes before the Mishawaka City Council on Monday June 4th.