{"id":1004083398,"date":"2013-09-09T20:00:46","date_gmt":"2013-09-10T04:00:46","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=176453"},"modified":"2020-05-10T23:02:17","modified_gmt":"2020-05-11T07:02:17","slug":"private-healthcare-re-developer-eyes-mid-city","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/","title":{"rendered":"Private Healthcare RE Developer Eyes Mid-City"},"content":{"rendered":"

By Eliza Theiss, Associate Editor<\/em><\/p>\n

It seems the lure of the New Orleans BioDistrict has attracted a new player to the city’s healthcare and biosciences market. Cobalt Medical Development, a private healthcare real estate development and investment company, plans to build a 60-bed in-patient physical rehabilitation facility in Mid-City,\"\"<\/a> according to the Mid-City Messenger<\/em><\/a>.<\/p>\n

The 65,000-square-foot facility will be constructed on Bienville Avenue, on a vacant site adjacent to the Lindy Boggs Medical Center, with groundbreaking set for the first half of 2014–or within 12 months\u2019 time at the latest. Developers hope to have the rehab center operational by the end of June 2015. The facility will feature private rooms with private bathrooms and shared living rooms; it will offer services such as post-surgery, post-brain-injury and athletic-injury recovery care, as well as veteran care. According to the Mid-City Messenger<\/em>\u2019s report, Cobalt is keen on forming partnerships with the NFL and other athletic organizations to become the area\u2019s premier athletic injury care center. The center will create about 175 jobs.<\/p>\n

One of Cobalt\u2019s most recent projects is Kansas City Elevations, a 45-bed, 54,000-square-foot physical rehabilitation center in Kansas City, currently under development and set for a summer 2014 completion. According to Cobalt\u2019s website, the company also has three other rehabilitation and brain injury hospitals under contract and five additional healthcare centers under development. Presumably, one of these projects is the future Mid-City location.<\/p>\n

Cobalt Medical Development focuses on constructing healthcare real estate in rapid-growth sectors. The company develops specialty hospitals, cancer centers, imaging centers, outpatient centers, post-acute-care rehabilitation and traumatic brain injury hospitals and medical office buildings.<\/p>\n

The Mid-City rehab facility\u2019s Bienville Avenue location will put it just on the edge of the BioDistrict\"\"<\/a>, the 1,500-acre biosciences state-enabled economic development district. The BioDistrict is bounded by Earhart Boulevard, Carollton and Loyola avenues and Iberville Street, the latter running right next to and parallel to Bienville Avenue. One of the most prominent elements of the BioDistrict will be the new $1.1 billion, 424-bed University Medical Center<\/a>, currently under construction. (Read our previous coverage of the project here.)<\/em><\/p>\n

Image credit: Cobalt Medical Development<\/em> and BioDistrict New Orleans<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

It seems that the lure of the New Orleans BioDistrict has attracted a new player to the New Orleans health care and biosciences market.<\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1599,21742],"tags":[1815,39456],"class_list":["post-1004083398","post","type-post","status-publish","format-standard","hentry","category-new-orleans","category-latest","tag-national","tag-new-orleans"],"acf":[],"yoast_head":"\nPrivate Healthcare RE Developer Eyes Mid-City - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Private Healthcare RE Developer Eyes Mid-City\" \/>\n<meta property=\"og:description\" content=\"It seems that the lure of the New Orleans BioDistrict has attracted a new player to the New Orleans health care and biosciences market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-09-10T04:00:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-11T07:02:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/09\/Cobalt-Rendering3.jpg\" \/>\n<meta name=\"author\" content=\"Eliza Theiss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-healthcare-re-developer-eyes-mid-city\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-healthcare-re-developer-eyes-mid-city\\\/\"},\"author\":{\"name\":\"Eliza Theiss\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/de1353a5de72f96494054df3ecca7de4\"},\"headline\":\"Private Healthcare RE Developer Eyes Mid-City\",\"datePublished\":\"2013-09-10T04:00:46+00:00\",\"dateModified\":\"2020-05-11T07:02:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-healthcare-re-developer-eyes-mid-city\\\/\"},\"wordCount\":361,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-healthcare-re-developer-eyes-mid-city\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/09\\\/Cobalt-Rendering3.jpg\",\"keywords\":[\"National\",\"New Orleans\"],\"articleSection\":[\"New Orleans\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-healthcare-re-developer-eyes-mid-city\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-healthcare-re-developer-eyes-mid-city\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-healthcare-re-developer-eyes-mid-city\\\/\",\"name\":\"Private Healthcare RE Developer Eyes Mid-City - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-healthcare-re-developer-eyes-mid-city\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-healthcare-re-developer-eyes-mid-city\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/09\\\/Cobalt-Rendering3.jpg\",\"datePublished\":\"2013-09-10T04:00:46+00:00\",\"dateModified\":\"2020-05-11T07:02:17+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/de1353a5de72f96494054df3ecca7de4\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-healthcare-re-developer-eyes-mid-city\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-healthcare-re-developer-eyes-mid-city\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-healthcare-re-developer-eyes-mid-city\\\/#primaryimage\",\"url\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/09\\\/Cobalt-Rendering3.jpg\",\"contentUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/09\\\/Cobalt-Rendering3.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-healthcare-re-developer-eyes-mid-city\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Private Healthcare RE Developer Eyes Mid-City\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/de1353a5de72f96494054df3ecca7de4\",\"name\":\"Eliza Theiss\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g\",\"caption\":\"Eliza Theiss\"},\"description\":\"Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at eliza.theiss@yardi.com\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/eliza\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Private Healthcare RE Developer Eyes Mid-City - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/","og_locale":"en_US","og_type":"article","og_title":"Private Healthcare RE Developer Eyes Mid-City","og_description":"It seems that the lure of the New Orleans BioDistrict has attracted a new player to the New Orleans health care and biosciences market.","og_url":"https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2013-09-10T04:00:46+00:00","article_modified_time":"2020-05-11T07:02:17+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/09\/Cobalt-Rendering3.jpg","type":"","width":"","height":""}],"author":"Eliza Theiss","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/"},"author":{"name":"Eliza Theiss","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4"},"headline":"Private Healthcare RE Developer Eyes Mid-City","datePublished":"2013-09-10T04:00:46+00:00","dateModified":"2020-05-11T07:02:17+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/"},"wordCount":361,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/09\/Cobalt-Rendering3.jpg","keywords":["National","New Orleans"],"articleSection":["New Orleans","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/","url":"https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/","name":"Private Healthcare RE Developer Eyes Mid-City - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/09\/Cobalt-Rendering3.jpg","datePublished":"2013-09-10T04:00:46+00:00","dateModified":"2020-05-11T07:02:17+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/09\/Cobalt-Rendering3.jpg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/09\/Cobalt-Rendering3.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/private-healthcare-re-developer-eyes-mid-city\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Private Healthcare RE Developer Eyes Mid-City"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4","name":"Eliza Theiss","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g","caption":"Eliza Theiss"},"description":"Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at eliza.theiss@yardi.com","url":"https:\/\/www.commercialsearch.com\/news\/author\/eliza\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004083398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/49"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004083398"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004083398\/revisions"}],"predecessor-version":[{"id":1004433190,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004083398\/revisions\/1004433190"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004083398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004083398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004083398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}