The new development project would establish a two-story, 60,000-square-foot building that Orthopedic One would own. Currently, it leases 86,000 square feet at a space in nearby Columbus. The 215 employees working there would be relocated should a new build occur.
The company also expects to increase the size of its workforce by 10 percent within the next 10 years.
The construction project is contingent on local incentives, with the Gahanna city council considering an ordinance that would provide Orthopedic One with a 10-year, 80 percent abatement of real property taxes and a temporary reduction in shared income taxes.
The incentive would extend $1.87 million to Orthopedic One, according to the report. If all is approved, the new office could be completed as early as fall 2024.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
