Insights / News

Remedy Medical Properties, Silver Cross Hospital, and PSMG break ground for new MOB near Chicago


CHICAGO and ORLAND PARK, Ill., Jan. 11, 2023 A partnership of Chicago-based healthcare real estate developer Remedy Medical Properties and two leading Illinois-based healthcare providers, Silver Cross Hospital and Premier Suburban Medical Group (PSMG), broke ground Nov. 14 for the new Orland Park Medical Building.

Located in the southern Chicago suburb of Orland Park, the two-story, 42,000-square-foot facility is slated for completion in early 2024.

“We are very excited to begin developing a new medical facility for two highly experienced and well-respected healthcare providers that have been serving residents in the Chicago area for many years,” says Peter Westmeyer, Remedy’s Founder. “The new Orland Park Medical Building will provide area residents with greater accessibility to top-notch medical services.”

David Martin, Executive Vice President of Development with Remedy, adds, “Silver Cross Hospital has earned numerous national distinctions for exceptional patient safety, experience and outcomes and has partnered with Chicago’s leading academic medical centers to bring the very latest care to the community. Premier Suburban Medical Group has been providing a wealth of medical services and specialties to local residents for decades.  We are pleased to work with these two organizations to build this facility.”

Ruth Colby, President and Chief Executive Officer of Silver Cross Hospital, says her organization first formed a partnership with PSMG (formerly Pronger Smith Medical Care) in 2020.

“At Silver Cross we’re always advancing and finding ways to better serve our communities,” Colby said. “We’re thrilled to partner with PSMG on this beautiful new facility that will bring needed healthcare services and physician offices to the residents of Orland Park and surrounding areas.”

Located on the northeast corner of 171st Street and LaGrange Road, Orland Park Medical Building will house 12 primary care physicians and a wide range of specialty care practices. This includes gastroenterologists, general surgeons, obstetrics/gynecologists, and a cardiologist, endocrinologist, hematologist/oncologist and orthopedic surgeon. In addition, it will feature comprehensive outpatient imaging services, a 21-station infusion center, an endoscopy suite with two procedure rooms and after-hours care.

In addition to Remedy, the other experienced members of the project team are Jensen & Halstead architects and general contractor Leopardo Companies, both based in Chicago.

About Silver Cross Hospital

Silver Cross Hospital is an independent, not-for-profit healthcare provider serving Will County and southwest suburban communities since 1895. Silver Cross has been recognized as a Fortune/Merative 100 Top Hospitals® National Award winner 10 times and honored with an “A” Hospital Safety Grade by The Leapfrog Group. With over 4,500 employees, physicians and volunteers, Silver Cross operates a 348-bed acute care hospital – including Will County’s first and only Level 3 Neonatal Intensive Care Unit – and 12 satellite facilities providing outpatient services and physician offices. Silver Cross opened a state-of-the-art replacement hospital in 2012 at I-355 and Route 6 in New Lenox. In 2021, Silver Cross provided over $42 million in charity care and other community benefits. To learn more about Silver Cross Hospital or a referral to a physician on staff, visit www.silvercross.org. Physicians on Silver Cross Hospital’s Medical Staff have expertise in their areas of practice to meet the needs of patients seeking their care. These physicians are independent practitioners on the Medical Staff and are not the agents or employees of Silver Cross Hospital. They treat patients based upon their independent medical judgment and they bill patients separately for their services


About Remedy Medical Properties

Remedy Medical Properties is a full-service healthcare real estate company and the largest owner of healthcare properties in the country, with over 26 million square feet and 25 offices spanning 43 states. For healthcare decision-makers who want to maximize the value of their real estate while enhancing their ability to adapt, our national presence enables us to offer the right solutions in the right locations for your organization. Remedy offers unmatched flexibility in every client engagement, and our adaptability enables us to provide more options in ownership, development, leasing, management, and strategy. Our willingness to commit capital, share more risk, and offer greater foresight results in greater resilience, profitability, and peace of mind for our clients.