Announced Friday April 16, 2010, Twin Cities Orthopedics new building & clinic in Edina was given a “Best in Real Estate” award for Medical Development or Redevelopment by the Minneapolis St. Paul Business Journal.
Best in Real Estate
Medical Development or Redevelopment
Edina Crosstown Medical Office Building: Winner
Minneapolis / St. Paul Business Journal – by Chris Newmarker Staff writer
Developers of the Edina Crosstown Medical Office Building thought it would be a great to have an underground parking garage — until they discovered there was an underground lake on their site.
“We were really thinking of renaming it Noah’s Ark,” said Gary Hegenes of Hegenes Management Inc., who formed a partnership with Twin Cities Orthopedics doctors to develop the building and what ended up being an above-ground parking garage.
Discovery of the underground water was one of many hurdles Hegenes and the doctors had to overcome to build the four-story office building and five-level parking garage at 4010 W. 65th St. The project is scheduled for completion in June.
The sole tenant will be St. Louis Park-based Twin Cities Orthopedics (TCO), which has about 80 doctors practicing at 31 locations around the Twin Cities. When the building opens later this year, the practice will consolidate its Edina operations there, vacating two locations in the area and scaling down another three sites.
The Edina Crosstown Medical Office Building will house clinic space, an MRI and an outpatient surgery center that will be operated in partnership with Fairview Health Services. The building also will include physical therapy, hand therapy and neck and back therapy operations.
For years, Twin Cities Orthopedics doctors wanted to become more efficient by consolidating some of their locations. They were especially interested in finding a location near Fairview Southdale Hospital, where many of them also work, said Troy Simonson, TCO’s administrator.
Read more: Medical Development or Redevelopment – Minneapolis St. Paul Business Journal
