Practice to Make $120 Million Investment in State-of-the-Art Cancer Care Center
Nashville, TN – July 17, 2023 –Tennessee Oncology, one of the largest oncology practices in the country, announced it is constructing a new flagship cancer care center in downtown Nashville. The state-of-the-art center, which will encompass 200,000 square feet, represents a significant investment of more than $120 million toward advancing cancer care and research throughout Tennessee.
“We are excited to build a state-of-the-art cancer center in Nashville and expand our ability to care for patients throughout Tennessee,” said Natalie Dickson, MD, President, and Chief Strategy Officer of Tennessee Oncology. “There is enormous innovation in cancer care bringing patients more diagnostic and treatment options than ever before. By making this significant investment in a new cancer center, our physicians and staff are demonstrating our commitment to ensure patients in Tennessee continue to have access to the most cutting-edge treatments available anywhere in the world.”
The medical facility and office building will be located at 322 22nd Avenue North between Centennial Medical Center and Ascension Saint Thomas Midtown. The building will house medical oncology, infusion, imaging, pharmacy, and other related clinical services. The building, which includes three levels of parking below ground and five main floors above ground, will also house the corporate headquarters of Tennessee Oncology’s affiliated management company, OneOncology.
“This project underscores our commitment to improve outcomes and enhance our patients’ experience,” said Jeff Patton, MD, Executive Chair of the board of Tennessee Oncology and CEO of OneOncology. “We are excited about the impact this investment will have on the lives of cancer patients in Nashville and beyond.”
Tennessee Oncology has partnered with Birmingham, Alabama-based Johnson Healthcare Real Estate for the development and management of the project. The firms have collaborated in the past including the development of the Seton Building on the campus of Ascension Rutherford. “We are proud to continue to serve Tennessee Oncology with the delivery of world-class cancer care facilities to their physicians, staff, and patients,” said Perry White, Principal and Chief Operating Officer.
Nashville-based Gresham Smith is providing engineering and design services. The Nashville office of Turner Construction is the general contractor. Financing for the project is being provided by Truist Bank.
Demolition and site work has commenced on the project. Completion is expected in the summer of 2025. Tennessee Oncology will hold a groundbreaking ceremony on July 28 at 4 PM.
About Tennessee Oncology:
Tennessee Oncology, one of the nation’s largest, community-based cancer care specialists, is home to one of the leading clinical trial networks in the country. Established 1976 in Nashville, Tennessee Oncology’s mission remains unchanged: To provide access to high-quality cancer care and the expertise of clinical research for all patients, at convenient locations within their community and close to their home. Our growing network of physicians and locations is based on this mission. For more information, visit www.tnoncology.com.
OneOncology was founded by community oncologists, for community oncologists, with the mission of improving the lives of everyone living with cancer. Our goal is to enable community oncology practices to remain independent and to improve patient access to care in their communities, all at a lower cost than in the hospital setting. OneOncology supports our platform of community oncology practices through group purchasing, operational optimization, practice growth, and clinical innovation. Our 970 cancer care providers care for approximately 564,000 patients at more than 310 sites of care nationwide. To learn more, visit oneoncology.com or LinkedIn. Media Contact: Eric Hoffman | email@example.com
Based in Birmingham, Ala., Johnson Healthcare Real Estate is a leading real estate firm specializing in the planning, financing, development and management of hospitals, medical office buildings and outpatient facilities. Consistently ranked by Modern Healthcare as one of the leading medical office building developers in the United States, Johnson serves healthcare providers throughout the United States.
OneOncology & Tennessee Oncology