For Star subscribers: A company behind a planned hospital northwest of Tucson determined the medical facility was no longer needed and sold the site for $14.2 million.
Gabriela Rico Local developers bought 57.8 acres of vacant land from Northwest Hospital in Gladden Farms for $14.2 million.
Community Health Systems in Franklin, Tennessee, bought the land in 2007 for a future hospital that the company deemed is no longer needed.HSL Properties plans to build a mix of luxury apartments and townhomes at the site, Encantada Gladden Farms, on the southwest corner of Moore Road and I-10. The property was not on the market when Justin Lanne, Mike Chapman and Neil Davis, of the Lanne Chapman Multifamily Group at NAI Horizon, brought the buyer and seller together.
People are also reading… “This is a great opportunity for HSL Properties to continue its development of quality multifamily in the northwest sector of Tucson and Marana,” Lanne said.Information for Tucson Real Estate is compiled from records at the Pima County Recorder's Office and from brokers. Send information to Gabriela Rico, [email protected] Subscribe to stay connected to Tucson. A subscription helps you access more of the local stories that keep you connected to the community.
Gabriela Rico Reporter
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