Archive for Thursday, June 7, 2007

Eisenhower Crossing gets first tenants in new building

June 7, 2007

The first tenants of the Eisenhower Crossing development have moved in and set up shop at one of the three new buildings on site.

Drs. Frank Flanner, Kathleen McBratney, Michael Lexow and Richard Whitlow have not only developed the area from the ground up but have now been the first to move in and make the new office space their practice's home.

Eisenhower Crossing, at Eisenhower Road and Progress Drive, currently consists of the Eisenhower Medical Plaza and two retail strips.

"We're really excited about what this whole development is going to be for Lansing," Lexow said.

In regards to the medical building, Lexow said he and the other developers hoped it would encourage outside medical specialists to come to Lansing and offer residents specific care that was harder to find nearby.

Whitlow added that the developers became interested in owning their own building to avoid paying rent. He said it was a financial investment that would not only give their practices more space but also set them up for retirement one day.

In searching for land, the doctors looked at the growth of Lansing compared to Leavenworth. They decided growth was taking place in the west, so they would follow. Whitlow said they did, however, want to be close enough to Leavenworth that people understood they were not abandoning the city.

They decided upon an area of land that was "a central location but still not on Main Street so patients don't have to deal with the hassle of traffic," Whitlow said.

After two and a half years of planning, their work has finally paid off and they've gotten to feel the benefits of their investment firsthand. So far, each doctor has said they've only heard positive responses about the new site from their patients.

Other businesses scheduled to move into the medical building in the next 30 to 60 days are Comprehensive Foot Centers and Physicians Reference Laboratory.

Cristi Stuedle, project manager for CB Richard Ellis, the company currently leasing and managing the development, said the medical building could still accommodate tenants needing anywhere from 1,000 to 10,000 square feet of space. In the two retail strips in front of the medical building, Stuedle said there was a total of 23,000 square feet available for leasing.

Time will tell what will happen with the remaining 30 acres of Eisenhower Crossing still undeveloped. Whitlow said the plan is to fill the existing buildings and go from there.

He said when planning the development, he and the other developers envisioned having a combination of retail stores, restaurants and offices fill the remaining acreage. As prospective tenants approached in the future, Whitlow said, plans would be made to build more buildings.

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