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News release

Chicago

Jones Lang LaSalle Completes VCU Health System’s Critical Care Hospital

Firm completes $167 million project at Richmond’s premier hospital


CHICAGO, August 28, 2009 —Jones Lang LaSalle has completed the $167 million development of Virginia Commonwealth University Health System’s (VCUHS) Critical Care Hospital at the historic Court End district, at 1213 East Clay Street, Richmond. The firm managed the development of the new 15-story 367,792-square-foot tower which provides the hospital with key new departmental space, such as Oncology, Acute Care Medicine, Burn unit, Surgical Trauma ICU, Neonatal ICU, and 10 new Operating Rooms amongst others.
 
“The state-of the-art facility significantly increases the critical care capacity at VCU Medical Center,” said Mark Ahern, Vice President at Jones Lang LaSalle.  “The new hospital replaces outdated facilities, provides updated technology and increases the number of private rooms available to patients. The main objectives of the project were to increase staff and patient safety, minimize patient moves, reduce infections and shorten patient stays as well as improving staff recruitment possibilities for the Health System.”
 
The new facility also houses a Secure Care Unit for the Department of Corrections as well as space for future expansion of the Emergency Department.  The project brings new capabilities to the hospital including wireless technology on an RF broadband infrastructure that will support a wide range of communication and data transmission uses plus other state-of-the-art systems for the operating rooms that display radiology equipment graphically and have the capability to broadcast live procedures worldwide.
 
“In late 2003, when we started the Critical Care Hospital, two things were apparent; the difficulty of the construction and the complexity of the coordination effort across the twelve services that would occupy the building,” said Bob Reardon, Chief Facilities Officer, VCUHS.  “In addition, the construction industry was in an inflationary state that made scheduling and budgeting extremely difficult. We selected Jones Lang LaSalle to manage our project because they demonstrated a strong systems approach to managing all aspects of the work.”
 
“The result speaks for itself; one of the few healthcare projects in the country completed ahead of schedule and under budget. This result would never have happened without the Jones Lang LaSalle team as our partner.”
 
Jones Lang LaSalle’s National Healthcare group works with clients throughout the country delivering program management, strategic consulting, financial strategy, and transaction and sustainability advisory services. Representative clients include the Children’s Hospital of Philadelphia, Johns Hopkins Hospital, Alexian Brothers Health System, Kaiser Permanente and Tenet Healthcare.
 
About VCU
 
Virginia Commonwealth University is the largest university in Virginia and ranks among the top universities in the country in sponsored research. Located on two downtown campuses in Richmond, VCU enrolls more than 32,000 students in 208 certificate and degree programs in the arts, sciences and humanities. Sixty-five of the programs are unique in Virginia, many of them crossing the disciplines of VCU’s 15 schools and one college. MCV Hospitals and the health sciences schools of Virginia Commonwealth University compose the VCU Medical Center, one of the nation’s leading academic medical centers.
 
About Jones Lang LaSalle
 
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2008 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.4 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $36 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.
 
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