Time Warner Cable’s new service center should be ready to move into the former Sheehan Memorial Hospital by Feb. 3, now that the exterior work is complete and the interior construction on its space is wrapping up, the head of McGuire Development Co. says.
James F. Dentinger, president of the real estate development arm of McGuire Group, said the $20 million job of converting the 160,000-square-foot former downtown hospital at 425 Michigan Ave. into the Compass East office, training, and community organization facility is more than half done.
Work on Time Warner’s first-floor space is expected to be complete within two weeks, and furniture is already being installed for the telecommunications giant’s East Coast service operation of its Business Class unit. “We’re right on schedule,” he said.
Once that operation is up and running, the McGuire Group’s training facility will be the next portion of the building to be completed. University Pediatric Dentistry has already been operating a clinic in the building since June. “They’ve been fantastic and very patient with us,” Dentinger said. “They’ve had to work around the construction zone.”
Meanwhile, workers with R&P Oak Hill and other contractors have been “de-hospitalizing” the rest of the sprawling building, demolishing the former hospital rooms, nursing stations and other medical infrastructure on the upper floors while creating new elevator lobbies and vestibules in preparation for new tenants. Most of the demolition work is already done. And new staircases are also being built.
The rest of the work on upper floors will wait until tenants have signed leases for the space. Dentinger said he’s “working on several other transactions” with potential occupants but would not elaborate. Located on 8.7 acres, the building is currently 55 percent leased.
“It’s got really good interest, based on the fact that it’s located adjacent to downtown and the East Side,” he said, “and we have free parking.”