20 Dec 2016

YMCA Breaks Ground at Renaissance Square: Fort Worth, TX

The YMCA officially broke ground Thursday, December 16, 2016 at their soon to be new location on the corner of Mitchell Boulevard and Moresby Street in the Renaissance Square development in Fort Worth, TX.

The YMCA groundbreaking marks a long anticipated addition to the Renaissance Square neighborhood and comes only weeks after the groundbreaking of Columbia at Renaissance Square, the multi-phase mixed income housing development.

“Renaissance Square has been years in the making and it is amazing to see everything coming to fruition,” said Robert Smith Jr., President of Lockard Companies. “The feedback from the community has been

28 Jun 2016

Global Headquarters Coming to Northwest Loop

Corning Optical Communications, a division of New York-based Corning Inc., are moving their headquarters from Hickory, NC to northwest Charlotte, NC, just off the I-485 loop. The $38 million headquarters will be located in Riverbend Village, just a few miles north of Lockard’s master-planned community, Rhyne Station.

Rhyne Station, a 131 acre site, has planned a blend of office, retail, and residential living where architecture, landscaping and natural features will complement the surrounding natural resources.

More than 400 jobs would move from Hickory to the new headquarters scheduled to open in 2018. The Charlotte headquarters could boast an additional 150 jobs by 2023 with an average salary of $91,000 according to the Mecklenburg County Commission.

“This is an amazing opportunity for the local economy,” said Robert Smith Jr., CCIM, President Lockard. “The jobs being created along the northwest loop of I-485 will help spur development and enhance the quality of life in the local community.”

The company says construction of the new headquarters could begin as early as the second half of 2016.

Additional information available here.

26 Aug 2015

The Affordable Care Act’s impact on health care real estate

By: Robert Smith,CCIM, SIOR,
President Lockard Companies

Five Star ER Round Rock, TX

For the all the controversy surrounding the Affordable Care Act (ACA) — aka Obamacare — one thing is certain: the law will have the greatest impact on health care since the creation of Medicare. And, like the ACA or not, it could spur a massive building boom in health care real estate.

The medical industry is reviewing its current facilities to determine how to address the changes in care that the ACA will bring. Health Facilities Management magazine’s 2014 Hospital Construction Survey showed 51 percent of respondents were considering changes to their existing facilities or campus design in response to the ACA.

Among the types of facilities being considered for future development according to the survey, the most cited were emergency departments, medical office buildings, outpatient facilities in neighborhood settings and primary care clinics in neighborhoods.

So why will the ACA have such an impact? In a nutshell, the law will change the way physicians practice medicine. Medical care will have to emphasize value over volume to comply with the law. They will have to do this despite 1). a secondary emphasis of the law on lowering costs; and 2). a much higher volume of patients. Thus, the facilities they use will have to change as well.

29 Jul 2015

Lockard Development and Waverly Health Center agree on terms for Janesville, IA Health Clinic.

Lockard Development and Waverly Health Center agree on terms for Janesville, IA Health Clinic.

Janesville, IA (July 29, 2015) – Lockard Development Inc., LLC and Waverly Health Center agreed on terms for a 3,410 sf medical clinic to be built on 1.5 acres of land located at 202 Wildcat Way in Janesville, IA. Lockard has been retained to oversee the construction of the Janesville Clinic which is scheduled to open the winter of 2015.

The Janesville Clinic will fill a need to provide immediate, local, family health care services in a patient-centered setting. “We couldn’t be happier to help bring much needed localized health care services to the residents of Janesville,” said Robert Smith, CCIM, SIOR, and President of Lockard. “It is always a joy to work with our local communities and business leaders in providing services that align with our mission of enhancing the quality of life in the communities we serve.”

17 Jul 2015

Advancements in memory care require more modern care facilities.

By: Robert Smith, President, Lockard

The care for sufferers of Alzheimer’s and other forms of dementia has vastly improved in recent years. Whereas institutions were once designed mostly to severely restrict Alzheimer’s patient’s movement and their ability to wander off, many facilities today are being built with the goal of helping them maintain a high quality of life.

These new facilities are known as Memory Care Units. These facilities are designed to meet the specific needs of the estimated 5.3 million people with Alzheimer’s or Chronic Confusion and Dementing Illness (CCDI) in the U.S. Some of the advances in the design of the memory care facilities include:

Open floor plans that facilitate easy navigation; no more long corridors with dead ends that may confuse patients
Limited office space so nurses can easily be found in common areas

All posts in Robert Smith

YMCA Breaks Ground at Renaissance Square: Fort Worth, TX

Global Headquarters Coming to Northwest Loop

The Affordable Care Act’s impact on health care real estate

Lockard Development and Waverly Health Center agree on terms for Janesville, IA Health Clinic.

Advancements in memory care require more modern care facilities.

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