Rendering of AcuteCare Plans for Former Paterson Army Health Clinic. Photo courtesy of FMERA
OCEANPORT: A purchaser has closed on the former Patterson Army Health Clinic at Fort Monmouth and will begin renovating the building at some point this year.
The clinic is the second piece of Fort Monmouth property that has been sold from the Fort Monmouth Economic Revitalization to a developer since the fort was closed in 2011.
AcuteCare Management Services, LLC, bought the 16-acre parcel for $2.73 million and will invest at least $5 million to renovate the property.
“We are excited to announce that AcuteCare has closed on the Clinic parcel,” FMERA Executive Director Bruce Steadman said in a release. “Rather than demolish the existing structure, AcuteCare will undertake substantial renovations to reuse the building as a state-of-the-art healthcare facility to improve access to health and wellness services for the region.”
The Fort Monmouth Reuse Plan called for the demolition of the building, but AcuteCare’s desire to renovate it caused FMERA to pass an amendment to the plan in 2012.
The renovation will be completed in two phases that will split the former clinic into two stand-alone condominium units.
The first unit will include an outpatient medical facility a Program of All-Inclusive Care for the Elderly (PACE) operation. PACE is a Medicare and Medicaid program that provides elderly citizens the option to meet their health care needs in their community instead of going to a nursing home or other care facility.
The second phase unit will house health care or related services.
The renovations are expected to begin in the next nine months, per the purchase and sale agreement AcuteCare signed with FMERA.
“AcuteCare is expected to create 50 new jobs on the property within three years of receiving the certificate of occupancy for the project’s first phase,” the FMERA release states.
The clinic is located on Main Street in the Oceanport Reuse Area of the Main Post and served as an outpatient hospital and dental clinic at the time of the Fort’s closure.
“We are excited to close on the property and reuse it as a premier health clinic,” said AcuteCare President Dan Czermak in the release. “The former Patterson Army Health Clinic played an important role in the former Fort Monmouth’s success over the years, and we are eager to restore and revitalize the historic building.”