Modern build-out comes with high-profile location

Friday, September 9, 2011

A 91-year-old building on Union Avenue is getting a thoroughly modern look with a new tenant.

Midtown Internal Medicine PLLC is moving into a 4,800-square-foot space in the free-standing building at 1525-1533 Union by mid-October. The 6,448-square-foot building was constructed in 1920. 

Verizon Wireless vacated a 3,600-square-foot bay at the property. Midtown Internal Medicine is moving into that space plus a vacant adjacent bay.

Methodist Le Bonheur Healthcare recently acquired Midtown Internal Medicine, which is moving from 48 S. Prescott.

“When we joined Methodist, it was part of our deal,” Shawn Hayden, who partners with J.O. Patterson III at the practice, says. “We wanted a new office in Midtown which would benefit the community and be something different and new.”

The building will have a new look, with Belz Architecture + Construction building the space out to architect Tim Garrett’s design. The building will have a modern interior and exterior.

“They gutted the building, basically, and it’s all brand new,” Hayden says.

There is a recent trend of hospital systems taking over practices, freeing up physicians to focus more on medicine and less on business.

Before Methodist came along, Hayden was managing the business for himself, Patterson and Oakley Jordan, who is moving to a Methodist clinic on Highland Avenue.

“It took a lot of time away from actually practicing medicine,” Hayden says.
Methodist is paying for the build-out and taking over a lot of the business functions, freeing Midtown Internal Medicine to focus on treatment and preventive care.

Article from Memphis Business Journal by Andy Ashby 9/9/11