Realty Trust Group, LLC
 » Home  |  » Clients  |  » About Us  |  » Contact

Knoxville Community Development Corporation

Case Study: Development

Johnston Memorial Hospital – Comprehensive Cancer Center

Abingdon,  Virginia
Scheduled Completion – Summer 2007

 

Challenge

Johnston Memorial Hospital secured a Certificate of Public Need in 2004 for a new Linear Accelerator to grow its comprehensive cancer services.  JMH sought to implement a strategic initiative to secure a new greenfield site for the Cancer Center and other future healthcare facilities, and selected RTG as their partner in site selection and project development.

 

Our Approach

Working in partnership with the hospital board and its executive team, RTG guided the hospital in identifying and negotiating for a new 40 acre site and developed a comprehensive feasibility analysis for development, construction and financing of the project. Currently, the project is under construction with RTG serving as the developer and owner with a lease arrangement back to the hospital.

 

Success

Due to the complexities of the Certificate of Public Need application, the project required a fast track schedule to achieve specific deadlines.  With a contractor and architect engaged from the early stages of the project, the building schedule has been successfully managed and RTG anticipates an opening date of Summer 2007.

 

Case Studies:

Planning

Louisiana State University Medical Center
Baton Rouge, LA

Fort Loudoun Medical Center
Loudon County, TN

Finance

Harbin Clinic, LLC
130+MD Multi Specialty Clinic
Rome, Georgia

University Health System, Inc.
University of Tennessee Medical Center
Knoxville, TN

Development

Johnston Memorial Hospital – Comprehensive Cancer Center
Abingdon,  Virginia

Knoxville's Community Development Corporation
Knoxville, TN

Management

Indian Path Medical Center
Kingsport, Tennessee

Regional Health System
North Carolina