On March 1, AZRE hosted the 7th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2011 and the construction teams involved. AZRE held an open call for nominations and a record 116 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. This year, the winner for Developer of the Year was Banner Health.
Developer of the Year
Honorable Mention for Best Healthcare Project: Banner MD Anderson Cancer Center
Banner Health continued its strategic investment in healthcare during 2011 spending hundreds of millions of dollars to ensure the healthcare needs of Arizona residents are met. In September, Banner Health opened phase one of its signature $109M Banner MD Anderson Cancer Center on the Banner Gateway campus in Gilbert. This 130,000 SF facility ushered in a new era of cancer care in Arizona.
In 2011, Banner Health also:
- Began construction in Maricopa on the 80,000 SF Banner Medical Center, a public/private partnership with the city, creating $130M in economic impact over the next decade.
- Expanded its pediatric unit at Banner Thunderbird adding 16 beds. The $1.5M expansion is part of a $290M campus expansion project that has added nearly 200 beds.
- Opened a 100,000 SF, $21M new emergency department at Cardon Children’s Medical Center in Mesa with 103 patient spaces.
- Began a $71M, 136,000 SF million expansion of Banner Good Samaritan Medical Center’s Surgical Services department.
Video by Cory Bergquist