Mayo District Development News

[combusean]

I'm calling this thread.

ASU has started a medical school which is in line with Mayo's regional plans for the area.

https://www.phoenix.gov/pddsite/Documents/PZ/Z-4-23n.pdf

Offical announcement:

https://news.asu.edu/20230601-arizona-im...cal-school-improve-state-health-outcomes

Let the speculation begin!

[exit2lef]

Do we have confirmation that the ASU medical school will be in north Phoenix? The ASU press release says that the university will continue the existing partnership with Mayo, but that's not necessariliy the same as ASU's own medical school. The press release and media coverage have been silent about location.

[ASU Diablo]

Originally Posted by exit2lef

Do we have confirmation that the ASU medical school will be in north Phoenix? The ASU press release says that the university will continue the existing partnership with Mayo, but that's not necessariliy the same as ASU's own medical school. The press release and media coverage have been silent about location.

Nothing has been confirmed, just speculation. My guess is that there will be some concentration by Discovery Oasis but the main medical school will be in downtown. I'm approaching this from a pride/ego perspective. You have to counter UA's presence and logos all over downtown in the PBC. Also, maybe Mayo may not want ASU's actual medical school to be built close to theirs as well??

The City of Phoenix and ASU swapped land a year ago or so. ASU took over the block where the Mercado buildings currently sit on and the City took over the parking lots at 1st and McKinley. My money is on that this is where the new medical school gets built.

[azcats]

How ironic that Fred DuVal of the Board of Regents is sitting there with the president of asu - making this announcement. Fred's father Merlin DuVal was the first Dean of the UofA medical school. I worked for Fred's younger brother David for a short time after graduating (a long time ago). I think he had a tough time living under the shadow of his father - and to a certain extent - his brother Fred who had entered politics. Unless asu can get $1billion for "brick and mortar" and another $1billion for an endowment - it will take a long time for their medical school to take off and take shape. UofA's downtown Phoenix medical school was created/formed in 2004-2005. Nearly 20 years ago. It's just taking off. It takes a long time to get funding... build...grow...get established...have successes...build a reputation, etc. Even UofA's Tucson school is considered relatively new. Even though it is over 50 years old. The Board of Regents had to decide in the early 60s to give the new med school to UofA or asu. UofA won out. They didn't hire DuVal until the mid 1960s - and the first graduating class happened the latter part of the 1960s.

Good to get started now. Phoenix's CSA - which is Maricopa County and Pinal County - is over 5 million people. Probably will hit 6 million by 2030.

[phoenixwillrise]

[QUOTE=azcats;9959208]How ironic that Fred DuVal of the Board of Regents is sitting there with the president of asu - making this announcement. Fred's father Merlin DuVal was the first Dean of the UofA medical school. I worked for Fred's younger brother David for a short time after graduating (a long time ago). I think he had a tough time living under the shadow of his father - and to a certain extent - his brother Fred who had entered politics. Unless asu can get $1billion for "brick and mortar" and another $1billion for an endowment - it will take a long time for their medical school to take off and take shape.

You must not have been following what Michael Crow has pulled off since he took over as President of ASU. I will not be surprised if he get the funds raised pronto. The following from this mornings Bus Journal.

Crow said it was too early to say exactly how much it will cost to develop the project.

"Overall, boatloads of money, and we're going to be raising all of it, just like we've done for everything else," he said. "We don't view this as a state-financed project. This is an ASU project. We may ask the state to be an investor along with others."

This facility will stand alone from other medical schools, Crow said.

Just in another article in the Bus Journal explaining how Crow got the job done at ASU to this point and how it paves the way for this next endeavor. Don't bet against this guy.


https://www.azcentral.com/story/news/loc...medical-school-mean-for-asu/70279909007/

[MiEncanto]

[QUOTE=phoenixwillrise;9961034]

Originally Posted by azcats

How ironic that Fred DuVal of the Board of Regents is sitting there with the president of asu - making this announcement. Fred's father Merlin DuVal was the first Dean of the UofA medical school. I worked for Fred's younger brother David for a short time after graduating (a long time ago). I think he had a tough time living under the shadow of his father - and to a certain extent - his brother Fred who had entered politics. Unless asu can get $1billion for "brick and mortar" and another $1billion for an endowment - it will take a long time for their medical school to take off and take shape.

You must not have been following what Michael Crow has pulled off since he took over as President of ASU. I will not be surprised if he get the funds raised pronto. The following from this mornings Bus Journal.

Crow said it was too early to say exactly how much it will cost to develop the project.

"Overall, boatloads of money, and we're going to be raising all of it, just like we've done for everything else," he said. "We don't view this as a state-financed project. This is an ASU project. We may ask the state to be an investor along with others."

This facility will stand alone from other medical schools, Crow said.

Just in another article in the Bus Journal explaining how Crow got the job done at ASU to this point and how it paves the way for this next endeavor. Don't bet against this guy.


https://www.azcentral.com/story/news/loc...medical-school-mean-for-asu/70279909007/

He's done some spectacular things for the university no doubt. But the endowment and donations per graduate is still atrocious. I'm not sure how much of that culture he can change. It feels very aspirational.

[phoenixwillrise]

[QUOTE=MiEncanto;9961179]

Originally Posted by phoenixwillrise

He's done some spectacular things for the university no doubt. But the endowment and donations per graduate is still atrocious. I'm not sure how much of that culture he can change. It feels very aspirational.

It will only take one or a couple of techie type graduates who hit it beyond big to pony up and change those stats dramatically. Stay tuned.

[Obadno]

Are we sure this would go by Mayo and no Downtown in the land set aside for the Biomedical campus especially with the ability to share space with the nursing school, Wexler Labs and maybe even UA medical school property?

[azcats]

What I see...are two things: 1) ASU taking advantage of metro Phoenix's booming population over the last 50 years from 1 million in the early 1970s to over 5 million today. 2) NO COMPETITION. What - Grand Canyon College? 100,000 students (88% acceptance rate) spread out over the Valley on four campuses. That way, when Crow submits his budget to the state legislators - because he has 100,000 students - he gets a lot of money. How much is diverted towards his pet projects?

Building a med school is like building a whole separate university. There are so many fields of study - no two med schools are alike. The UofA might have a great respiratory department or cancer center - another school may not even have one - at all. And it doesn't get built all at once - overnight. Every time I see something from the UofA and someone has donated $10 million...or, $20 million...or, $50 to the med school - there is a new field of study...or, institute. Sarver donates his multi-millions. Bingo, there is the Sarver Heart Institute.

Crow says no state funds. Well...what is the initial $30 million seed money?!? And it will come from the Board of Regents?!? I thought they were a Governing Board...a Policy making Board? Not a private foundation for dispersing funds. How are they getting ahold of that taxpayer's money?!? I guess if the UofA and NAU aren't squawking - it's legit. One thing is for sure - since it is taxpayer's money - I see waste. It's always easy to spend other people's money. I don't see it going very far: Feasibility and E.I.R studies, conceptual plans and drawings or, spending some overly inflated price for a piece of land for the new campus? I don't know - time will tell.

Personally, I think asu blew their chance to open a medical school 20 years ago. I think it was an embarrassment for UofA to come into ASU's backyard - literally - and build their second med school. My understanding is that the UofA is the only university in the country with two separate medical schools.

[MiEncanto]

A thread on this is probably the most official thing that’s happened so far.

Y’all are biting on the press release pretty hard.

ASU doesn’t even have the authority to open a med school so this feels very premature.

[combusean]

A med school without a partner hospital nearby doesn't make any sense but I suppose it's possible.

[Obadno]

Originally Posted by combusean

A med school without a partner hospital nearby doesn't make any sense but I suppose it's possible.

I think ASU colabing with Dignity/St Joes/ Barrow would be a good move, but they already have a relationship with Mayo which is premier obviously.

I just figured with the already existing downtown university infrastructure including Nursing and several blocks set aside for them to develop would be very tempting.

[MiEncanto]

Originally Posted by Obadno

I think ASU colabing with Dignity/St Joes/ Barrow would be a good move, but they already have a relationship with Mayo which is premier obviously.

I just figured with the already existing downtown university infrastructure including Nursing and several blocks set aside for them to develop would be very tempting.

Dignity has a partner in Creighton med school, which makes sense because they're both Catholic.

Getting into bed with Sparky comes with certain complexities so I'm guessing Mayo and Crow will have details to sort out. I have a hard time seeing this working out downtown. Plus Crow loves his LARGE MAP OF ARIZONA with all his ASU sites and he already has downtown so taking on north Scottsdale furthers the geographical march.

[Obadno]

Originally Posted by MiEncanto

Dignity has a partner in Creighton med school, which makes sense because they're both Catholic.

Getting into bed with Sparky comes with certain complexities so I'm guessing Mayo and Crow will have details to sort out. I have a hard time seeing this working out downtown. Plus Crow loves his LARGE MAP OF ARIZONA with all his ASU sites and he already has downtown so taking on north Scottsdale furthers the geographical march.

I didn't realize Creighton had a relationship with St. Joes.

[ASU Diablo]

Not much in terms of updates but wonder how far out we are from potential groundbreaking for the first tenant? I'm really excited about this project and what it can do for the entire region/state.

https://www.bizjournals.com/phoenix/inno...linic-names-discovery-oasis-leaders.html

Bopp said he's in active discussions with developers and potential tenants to determine which project will be the first to be built.

"Right now, we're in that process of trying to identify those partnerships," Lester said. "It's fair to say we have had some site visits and engagement with potential collaborative partners. We've just been at this about a month. We're just getting started."

[azsunsurfer]

Would it not make sense to eventually move the School of Nursing to be collocated with this new school?

[combusean]

The last incarnation of the mayo district had like six asu buildings, so I still coulda sworn the med school was going there. Oh well.

[ASU Diablo]

https://www.bizjournals.com/phoenix/news/2024/08/06/new-hospital-coming-to-mayo-campus.html

Jacksonville, Florida-based Brooks Rehabilitation is making its Arizona debut with the construction of a new hospital at Mayo Clinic's north Phoenix campus.

This marks Brooks Rehabilitation's first expansion outside of Florida, said J. Britton Tabor, the company's executive vice president and chief financial officer.

Mayo Clinic, which also operates a hospital campus in Jacksonville but doesn't have an inpatient rehabilitation hospital there, has had a long-standing partnership with Brooks, Tabor said.

"A large bulk of their patients come to us," he said. "As they were looking for a collaborative partner in Phoenix, they thought of us."

In Phoenix, Brooks and Mayo Clinic are teaming up to build a 60-bed rehabilitation hospital on eight acres on the south side of Mayo Boulevard along 64th Street near the ASU Health Futures Center.

That land is part of a 228-acre parcel Mayo Clinic won in an Arizona State Land Department Auction in December 2021. While 120 acres of that land is dedicated to Discovery Oasis, a 120-acre biotech innovation hub being developed on the north side of Mayo Boulevard, the remainder of that land is set aside for other Mayo expansions, such as this new hospital partnership with Brooks Rehabilitation.

This new hospital partnership is expected to spur development at Discovery Oasis, said Dr. Richard Gray, vice president of Rochester, Minnesota-based Mayo Clinic and CEO of Mayo's Arizona operations.

"As we continue to engage with biotech companies for Discovery Oasis, the growth in inpatient care and medical expertise on our campus can only advance the ecosystem of innovation," Gray said. "We have engaged with more than 275 organizations as we look to develop the right mix of biotech manufacturing, diagnostics, therapeutics and AI-driven solutions in healthcare. We anticipate the first announcement in 2025."

Mayo Clinic also has a minority interest in the joint venture.

"Brooks will provide direct care to post-acute rehabilitation patients," Gray said. "As part of the agreement, Mayo Clinic will provide limited ancillary support services."

Rehab hospital brings 'unique expertise' to the Valley
The new rehab hospital comes at a time when Mayo Clinic is experiencing capacity constraints, Gray said.

"Mayo Clinic in Arizona has not provided inpatient rehabilitation care since 2020," he said. "Brooks Rehabilitation has a proven track record of caring for Mayo Clinic cancer, transplant and stroke patients in Florida, helping them achieve their best recovery and quality of life after treatment. We believe that they will bring unique expertise to the Phoenix area."

Being near Discovery Oasis is an exciting proposition for the Brooks Rehabilitation team, Tabor said.

"We're very high on innovation, technology and research," he said. "We really put a lot of effort into those areas. We believe that's what drives our excellent outcomes. It's very exciting to be a part of that."

Anchor Health Properties will develop the 80,000-square-foot rehab hospital, with Kitchell serving as general contractor, Hoefer Welker as architect and Kimley-Horn as civil engineer. It is expected to open in the summer of 2026, with Brooks set to employ more than 200 people.

Pan-American Financial Assistance Foundation Inc. will own the property and lease it the Mayo/Brooks joint venture. Pan-American is a nonprofit 501c3 affiliated with New York-based Veyron, which is arranging financing for the project. The Phoenix Industrial Development Authority gave preliminary approval to issue $100 million in bonds, with final approval required by Phoenix City Council expected this fall.

Michael Ippolito, senior managing member of Veyron, said his team structured the financing and worked with Morgan Stanley to underwrite the bonds.

"The Phoenix IDA is pleased to have this opportunity to facilitate innovative financing with sophisticated national partners such as Veyron and Morgan Stanley," said Juan Salgado, CEO of the Phoenix IDA.

While the project is expected to cost around $70 million, Ippolito and his team are seeking approval for $100 million in case project costs escalate before construction.

[ASU Diablo]

https://www.bizjournals.com/phoenix/news/2024/11/20/mayo-clinic-unveils-plans-discovery-oasis.html

Mayo Clinic is in talks with companies from all over the world that could locate their operations in its planned 120-acre biotech innovation hub.

While it's too early to reveal the names of the first companies planning to call Mayo's Discovery Oasis campus home, the location of the first project has been identified.

Aric Bopp, CEO of Discovery Oasis, said the first construction project will begin on the northwest side of the campus, closest to the 56th Street exit off Loop 101. That's the main entrance to the Mayo Clinic Hospital campus, which is just south of the Discovery Oasis development.

"People coming and going will be inspired by what we're doing at Discovery Oasis," Bopp said.

That northwest planning area encompasses about 37 acres, and Bopp expects the companies in "biotech, life sciences, health care innovation" and more will end up there.

Just to the east of that section is the north-central planning area, representing about 36 acres.

"We think that north-central area will lend itself to some lower density manufacturing type operations," Bopp said. "We're not talking smoke stacks and semi trucks, but medical devices."

That middle section will have lower profile buildings than what will be on either side, he added.

"We want to protect some of the view corridors from Loop 101 to Mayo Clinic Hospital," Bopp said.

The northeast planning section, which is along 64th Street and Loop 101, will encompass about 44 acres and most likely will be the last area to be developed.

"The reality is the northwest section is the size of the Skysong development in south Scottsdale — about 1 million square feet," Bopp said. "We all know and love Skysong. It took 20 years to develop. We will not be rolling out development in the northeast section any time soon. The focus will be on the northwest and potentially north-central."

However, if somebody really wanted to be along 64th Street, those options would be entertained, he said.

Campus will also include new Mayo hospital
Bopp and his team also are in negotiations to oversee development of the entire 120-acre campus. While the top three developer finalists have been identified, Bopp said he's hoping to select the winner by the end of the year.

Dr. Steven Lester, medical director for Discovery Oasis, said the team is getting interest on almost a daily basis from companies all over the world.

"There continues to be a strong level of interest," said Lester, who also is a cardiologist and health care futurist at Mayo Clinic. "It gives us confidence in what we're doing. Many have expressed a vision for Discovery Oasis independent of us that really helps to solidify that we're on the right track. It's reassuring to hear that type of external validation for the project."

In March 2023, Mayo Clinic submitted its zoning application with the City of Phoenix to develop Discovery Oasis.

By Oct. 18 of that year, Phoenix City Council unanimously adopted ordinances to move forward with the project, including one to rezone the site into a planned unit development.

That land is part of a 228-acre parcel Mayo Clinic won in an Arizona State Land Department auction in December 2021.

While 120 acres are dedicated to Discovery Oasis, the remainder is for other projects, including a 60-bed rehabilitation hospital to be jointly developed between Mayo Clinic and Brooks Rehabilitation Hospital.

That 80,000-square-foot rehab hospital near ASU Health Futures Center is expected to open in summer 2026 with $100 million bond financing from Phoenix Industrial Development Authority.

[ChaseM]

Originally Posted by ASU Diablo

https://www.bizjournals.com/phoenix/news/2024/11/20/mayo-clinic-unveils-plans-discovery-oasis.html

I imagine this is just a mock up and will change over time, looking at the recent announcement of the Brooks Center it seems to completely throw off the plan for the Mayo General Area.