Davis Healthcare Real Estate has announced the formal opening of Eagan Specialty Center, a 36,100-square-foot Class A surgical facility at 2975 Holiday Court in Eagan, Minnesota. The building is the new home of Midwest Surgery Center, which occupies 27,000 square feet.

“This is the culmination of an extensive real estate needs analysis designed to solve complex operational issues for Midwest Surgery Center,” said Michael Sharpe, Principal, Davis. “This building was meticulously designed and constructed to enhance patient flow and surgeon performance while also supporting a diverse range of patients in the Twin Cities metropolitan area.”

The Davis team also overcame several challenges in developing the facility, including finding a site that fit the client’s geographic objectives and preferred cost parameters. Davis further reduced the cost structure by oversizing the building by 9,000 square feet to help spread the fixed costs over a larger basis. Anne Madyun, a vice president of brokerage at Davis, is currently marketing that space for lease. The design and construction team included Synergy Architecture Studio and Timco Construction.

An off-site construction services company is spending $40 million on a new factory in the Town of Siler City. The town, of less than 10,000, is between Raleigh and Greensboro on US Hwy 421 and 64. Innovative Construction Group (ICG) expects to establish a new manufacturing facility in Chatham County and the Town of Siler City. The company’s capital investment will create as many as 157 jobs over the next five years.

Innovative Construction Group serves building professionals focused on single-family, multi-family, and commercial construction projects. The company provides design services, manufactures wall panels, roof trusses and floor systems, and offers on-site installation to provide a full frame shell construction process. 

ICG’s project in North Carolina will be facilitated, in part, by a Job Development Investment Grant approved by the state’s Economic Investment Committee. The project’s plans are also subject to receiving local incentives approvals and finalizing real estate negotiations.