{"id":1004088863,"date":"2013-12-19T11:32:35","date_gmt":"2013-12-19T19:32:35","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=228147"},"modified":"2022-03-03T13:07:43","modified_gmt":"2022-03-03T21:07:43","slug":"hendersons-1-6b-union-village-wins-hospital-commitment-from-valley-health","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hendersons-1-6b-union-village-wins-hospital-commitment-from-valley-health\/","title":{"rendered":"Henderson\u2019s $1.6B Union Village Wins Hospital Commitment from Valley Health"},"content":{"rendered":"

By Alex Girda, Associate Editor<\/em><\/p>\n

In a major step for Union Village, the $1.6 billion healthcare-centered project in Henderson, \"\"<\/a>Valley Health System is nearing an agreement to build the acute-care hospital that will anchor for the 220-acre development.<\/p>\n

Valley Health’s commitment would allow the city to approve the sale of the 30-acre site designated for the facility. Union Village L.L.C., the project’s master developer, would pay about $11.6 million for the site, according to The Las Vegas Review-Journal<\/em> <\/a>.<\/p>\n

Touted as the world’s first integrated health village, the project would include retail, senior care, cultural and residential components.<\/p>\n

Union Village’s backers say that the project will generate an economic boost in the form of tax increment revenue worth around $158 million. By the time it is completed in 2022, the development will create an estimated 17,000 new jobs.<\/p>\n

Image courtesy of unionvillage.net<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

For a while now, a massive health care-centric development has caught the attention of media outlets as the ambitious project aimed to create a new community in Henderson, relying mainly on a number of facilities aimed at providing quality health care for the region. Union Village is set to cost a total of $1.6 billion dollars, to be developed by master planner Union Village LLC over a number of years. Now, Valley Health System has expressed serious interest in being taking over the centerpiece of the community, the acute-care hospital that will act as the anchor tenant for the village.<\/p>\n","protected":false},"author":41,"featured_media":1004505827,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1593,21742],"tags":[],"class_list":["post-1004088863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-las-vegas","category-latest"],"acf":[],"yoast_head":"\nHenderson\u2019s $1.6B Union Village Wins Hospital Commitment from Valley Health - 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\/hendersons-1-6b-union-village-wins-hospital-commitment-from-valley-health\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Henderson\u2019s $1.6B Union Village Wins Hospital Commitment from Valley Health\" \/>\n<meta property=\"og:description\" content=\"For a while now, a massive health care-centric development has caught the attention of media outlets as the ambitious project aimed to create a new community in Henderson, relying mainly on a number of facilities aimed at providing quality health care for the region. 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