University of Michigan Health will purchase 7.28 acres of vacant land at the former Kmart headquarters in Troy, and plans to build a multi-specialty facility on the property to expand specialty clinical services and increase patient access to the Oakland County region.
The Board of Regents approved the purchase March 28.
U-M Health, Michigan Medicine’s clinical division, will buy the parcel at 3100 W. Big Beaver Road for $4.42 million from owner Forbes/Frankel Troy Ventures LLC.
“We are thrilled to announce our plans for a long-term presence and commitment to patients in Oakland County, in keeping with our efforts to create a statewide network of care that allows Michiganders the ability to receive our world-class care close to home,” said Marschall S. Runge, CEO of Michigan Medicine, dean of the Medical School, and executive vice president of medical affairs.
“We are planning development of a facility that focuses on advanced specialty and diagnostic services. This is a starting point for a broader and deeper U-M Health presence in southeast Michigan.”
“We believe this new investment will bring our U-M Health expertise to a whole new community of patients, providing easier access for metro Detroit residents to our nationally renowned clinical expertise and innovation,” said David Miller, president of U-M Health.
“We are excited to move into a prominent, easily accessible location in Troy, where we will continue to expand our presence. We expect this new facility will be a location for advanced and innovative clinical programs including multi-disciplinary cancer care.”
In alignment with Michigan Medicine’s commitment to sustainability, this building will follow university guidelines regarding Leadership in Energy and Environment Design to minimize negative environmental impacts.
This is among multiple U-M Health projects expected to increase patient access. Others include the 12-story D. Dan and Betty Kahn Health Care Pavilion, set to open in 2025 in Ann Arbor, and the Ypsilanti Health Center in downtown Ypsilanti, set to open in late 2024.