Oklahoma City, OK (2006)

Saints Medical Plaza

A new, four-story healthcare facility that included physician office space, an imaging center, conference rooms, and educational facilities.

Investment

  • NMTC Amount: $11,000,000
  • Total Project Cost: $16,000,000

IMPACT

  • 58 FTE jobs
  • 144 construction jobs

Investor

Project Description

Saints Medical Plaza is the construction of buildings housing offices of physicians, dentists, and other health practitioners. A component of the plan was the construction of a new, four-story healthcare facility that included physician office space, an imaging center, conference rooms, and educational facilities greatly increasing the hospital’s capabilities. The project faced severe feasibility issues after the run-up in construction costs which followed Hurricane Katrina. NMR’s investment in the form of a low interest rate loan and a soft-equity investment enabled the stalled project to move forward.                                                     

MAP

Address: 535 Northwest Nineth STREET, Oklahoma City, OK 73102

Census Tract: 40109102500

Other Oklahoma Projects