By Kim Kozlowski, The Detroit NewsThe University of Michigan Board of Regents approved Thursday the UM Health system’s plans to expand its footprint at the former Kmart headquarters in Troy where it intends to build a multi-specialty facility with a budget of up to $250 million.The UM Board of Regents a year ago approved purchasing the 7.28 acre property at 3100 W.
Big Beaver Road for $4.42 million with options to purchase more land. While that 7.
28-acre land deal is being reviewed for due diligence, according to board agenda documents, the regents approved Thursday buying two separate pieces of vacant land at 2.2 acres and 1.88 acres for $2.
54 million.The regents also approved design plans to build the 224,000-square-foot, four-story, multi-specialty facility that is expected to open in spring 2027.“We are making progress on the Troy center for specialty care, a major addition to our statewide network strategy of bringing our world-class care close to home,” said Dr.
Marschall Runge, CEO of Michigan Medicine, dean of the UM Medical School and executive vice president of medical affairs for the University of Michigan.“We continue to expect this is a starting point for a broader and deeper UM Health presence in southeast Michigan,” Runge added.Michigan Medicine had the right of first offer for the two parcels on the Kmart property, Chief Strategy Officer Keith Dickey told reporters in March 2024.
The additional parcels — which are located on the northeast and north.
