Catalyst Healthcare, Bain Capital Break Ground on 60K-SF MOB in Laurel
Catalyst Healthcare Real Estate and Bain Capital Real Estate have begun a 60,000-square-foot multi-tenant medical office building in Laurel, MD.
The property is connected to the University of Maryland Capital Region Health Hospital by an enclosed skyway.
The University of Maryland Medical System purchased Laurel Regional Hospital and its 42-acre campus from Prince George’s County in 2017 and selected Catalyst to redevelop the medical campus. Through the selection process, Catalyst proposed placemaking, an iapproach to designing and managing a hospital and/or MOB space whereby the spaces promote the health and well-being of a community. This MOB is the first phase of the master plan that will include the development of 11 buildings, community focused retail, restaurants, and green space.
- ◦Development