Baptist and Landmark Healthcare Facilities Conduct Topping Out Ceremony on New Medical Office and Retail Building

Wednesday, August 22, 2012

Jackson Mayor Harvey Johnson will join Baptist Health Systems and Landmark Healthcare Facilities for the “Topping Out” Ceremony on the Belhaven Building. The event will take place on the corner of North State Street and Manship Street at 11:30 am on Monday, August 27, 2012.

The ritual of Topping Out is an ancient custom that commemorates the safe and successful attainment of the highest point in a building’s construction. Participants sign the steel beam that will be hoisted into place at a high point on the building at the conclusion of the ceremony.

The new medical office building, will be five stories and approximately 180,000 square feet, is projected to open sometime in the Spring of 2013 at a cost of approximately $45 million. The building will be a “mixed-use” development with retail on the ground floor and other floors being leased to physicians in a full range of specialties. Landmark Healthcare Facilities will own and manage the building.

“We went through a process of selecting a developer who will own the building and lease the land from Baptist,” said Baptist Vice President of Development Michael Stevens. “More physicians are looking for office space and this will provide an opportunity to grow the medical community in downtown Jackson.”

Headquartered in Milwaukee, Wisconsin, Landmark Healthcare Facilities LLC is a leading full-service developer of physician office buildings, clinics, ambulatory care centers, cardiac centers, cancer centers and imaging centers. Landmark Healthcare Facilities operates nationwide.

”Landmark is excited to partner with Baptist Health Systems, the physicians and the community to develop and own this project in Jackson,” said Landmark Healthcare Facilities President Anthony Lampasona. “The new medical office building will be a great addition to the neighborhood and fill an important healthcare need for the community.”

Baptist is funding a skybridge to connect the new facility to the second floor of the existing Baptist Medical Center, which will be constructed - approximately 17 feet tall - over State Street. Baptist will also finance a new parking garage behind the new medical office building, which also has retail space for rent, and 11 townhomes will be built surrounding the parking garage and will be available for purchase.

The full scope of this project is approximately a $75 million investment to the city of Jackson.

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