Mosaic urgent care7/31/2023 ![]() The ground lease will have a term of 99 years and an annual payment of $1.00. ![]() In this case PHA will be the landlord and the Project Entity will be the tenant. Ground leases generally represent the ownership of land underlying commercial real estate properties, which are leased on a long term basis (often 30 to 99 years) by the land owner acting as the landlord to a tenant that will own the improvements and buildings on top of the land. Sharswood 1, LLC (the “Project Entity”), an affiliate of the Company expects to borrow funds to complete the Project and enter into a ground lease with PHA. We also plan to host job fairs in churches and community centers in the community to inform residents of job opportunities. To achieve this goal, we expect to engage with local community development entities, PHA and small businesses in the area will post job openings at their offices. Seventy percent of the permanent jobs created by the Project are expected to be made available to local community residents. They plan to work with the general contractor to ensure certain hiring goals are met and they expect over 200 construction jobs and over 200 permanent jobs to be generated through the Project. Mosaic has a strong track record for hiring MBE/WBE firms to consult on and construct its development projects. The co-sponsor, Mosaic Development Partners, is a certified Minority Business Enterprise (MBE) and is committed to meeting the needs of the community. Job creation ranks high on Mosaic’s and Shift’s community impact list. To date, the area’s high school has been reopened, 83 affordable homes have been built, Habitat for Humanity is currently constructing an additional 20 homes and PHA is converting a building to create 94 senior housing units. While many projects are already under construction or completed, additional planned community development initiatives include new high quality affordable housing, local job creation, neighborhood-serving retail and commercial services and public green space. It is hoped that the Project will contribute to significant reduction of blight, as part of a comprehensive neighborhood plan, along with the revitalization of an important commercial corridor. Located at 2077 Ridge Avenue in Philadelphia’s 19121 zip code, this 230,000 square foot mixed-use project is planned as four condominium commercial units which will include 101 residential units, ranging in size and affordability. That makes transferring some patients easier because they can stay in-system.This Offering is to raise $2,200,000 in equity for the Project, which will serve as an anchor on the Ridge Avenue commercial corridor and is the first phase of the redevelopment effort in Sharswood. One advantage for the hospital is having satellite locations, like the medical clinic in Maryville, Turner said. ![]() Similar issues at other hospitals, like Children's Mercy and KU Medical Center in Kansas City, mean that Mosaic sometimes is limited even when a medical transfer is needed. The overcrowding isn't limited to Mosaic. "We're open until 8 during the week, so if you can't get into your doctor by the time they close, you can always come to us for an option," she said. One of the key factors for urgent care centers is availability, Kiehl said. On top of that, she said numbers typically increase during winter anyway. Urgent Care Express went from seeing around 60 patients a day to 80 or 90 when COVID-19 hit, Kiehl said. "Come to urgent care instead of the emergency room, let them take care of that." ![]() "We don't want to overload the ER with the typical illnesses that you can go to your primary care for," she said. Many concerns, like viral visits or sometimes broken bones, can be handled outside the ER, Urgent Care Express Operations Manager Tiffany Kiehl said. ![]()
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