Children’s Purchases Property to Increase Capacity, Serve More Children and Families

Children’s Hospital & Medical Center is in an exciting time of expansion, driven by the growing health care needs of children and families. Construction is underway on the Hubbard Center for Children, a new clinical facility on its main campus at 84th & Dodge set to open in late 2021. Children’s purchased properties from HDR in 2016 to secure additional administrative, education and research space.

Seizing another rare growth opportunity, Children’s has signed a purchase agreement to acquire 12 acres of property adjacent to the HDR buildings along West Dodge Road from Nebraska Methodist Health System. In developing its bid for the property, Children’s worked in collaboration with NP Dodge Company. At closing, Children’s will retain the east parcel of approximately 7 acres and buildings and NP Dodge will purchase the west parcel of approximately 5 acres and a building.

For Children’s, the acquisition will allow parking needs to be met for the foreseeable future and will provide for future expansion space to include co-locating with other organizations serving children and their needs. For NP Dodge, the acquisition will provide for expansion to its existing West Dodge Road location and the opportunity for future development at this highly visible location.

“We plan to redevelop 8601 Dodge into a mixed-use building,” says Debra Graeve, president of NAI NP Dodge Commercial Real Estate. “The ground level would be perfect for retail-service businesses such as restaurants, coffee shops, dry cleaners, specialty boutiques and yoga or Pilates studios. We may add a pad site in the northeast corner of the parking lot, which would be perfect for a sit-down restaurant. The surrounding area has thousands of office workers who would welcome more retail options.”