SCOTTSDALE, Ariz. (March 17, 2021) —SkySong, The ASU Scottsdale Innovation Center today announced that Cigna Medical Group (CMG) is opening a new, innovative health care center in SkySong 4, located in Scottsdale.
CMG signed a long-term lease for an almost 9,000 square foot space on the ground floor of SkySong 4. The facility will open this fall, and will provide current and new patients with multiple services under one roof, including family and adult medicine, diabetes care and laboratory services, and an onsite pharmacy. This is the first medical office on the site.
“We are excited to open a new health care center within the SkySong community,” said Cigna Medical Group President Matthew Bennett. “The center will be in a convenient and central location, allowing us to grow and serve more patients in a modern, comfortable setting. Becoming a part of such a dynamic mixed-use environment will also help advance our innovation efforts through opportunities for collaboration with other companies in the community and Arizona State University.”
SkySong is also home to Banner Innovation Group, a department within Banner Health focused on purposeful and disciplined innovation, and Arizona State University, so there is opportunity for significant health care collaboration. Additionally, a broad spectrum of startup companies have worked with ASU SkySong in the health care space over the more than 12 years the project has been open.
Sharon Harper, Chairman and CEO of Plaza Companies, the project’s master developer, said the discussions with CMG were focused on creating opportunities for innovation and collaboration between entities in the health care industry.
“SkySong is truly an ideal fit for a facility such as the one that Cigna Medical Group will be operating, and we are pleased to expand our mixed-use project to include a true medical use,” she said. “Health care is a dynamic and fast-growing industry that is front of mind during the pandemic and at the center of the global economy. We look forward to seeing the positive impact this new facility will have on the community as a whole.”
Sally C. Morton, executive vice president, ASU Knowledge Enterprise, said CMG is an ideal addition to the SkySong tenant roster.
“Cigna Medical Group has been an innovator in the health care industry in Arizona for many years,” Morton said. “They are a strong addition to projects such as SkySong and our Novus Innovation corridor, and will provide an important new contribution to the overall success of the project. We look forward to connecting our talent and assets with the medical group.”
The Coppola Cheney Group of Lee & Associates, SkySong’s leasing broker, represented the property ownership group. Cigna Medical Group was represented in the transaction by Bryce Terveen and AJ Whitehead of CBRE.
SkySong is a 42-acre mixed use development designed to:
- Create an ecology of collaboration and innovation among high-profile technology enterprises and related researchers;
- Advance global business objectives of on-site enterprises;
- Raise Arizona’s profile as a global center of innovation through co-location of ASU’s strategic global partners; and
- Create a unique regional economic and social asset.
Companies located at SkySong have the opportunity to partner with Arizona State University, which has more than 100,000 students studying across four metropolitan Phoenix campuses, in Lake Havasu City, Los Angeles and Washington D.C. ASU is one of the largest public universities in the nation, with the majority of its students attending its campus in Tempe, Arizona, less than three miles from SkySong.
In addition to locating its own innovative research units at the center, through ASU’s on-site operations, tenant companies have a single point of contact for introductions to researchers, faculty and programs to address their specific needs.
Plaza Companies is the developer of the project in partnership with Arizona State University Foundation, the City of Scottsdale and Holualoa Companies. Lee and Associates provides the brokerage services and Plaza del Rio Management Corporation provides the property management and construction services. Architects at SkySong include Pei Cobb Fried and Partners, DMJM Design, Butler Design Group and Kendle Design Collaborative.
About Cigna Medical Group
Cigna Medical Group, a division of Cigna HealthCare of Arizona, Inc. is one of the Valley’s largest multi-specialty group practices with 21 health care centers located throughout metropolitan Phoenix. Most health care centers are equipped with several medical services under one roof, so patients can see their doctor, fill prescriptions and get lab work done. Behavioral health services, dermatology, imaging, vision and hearing services are also offered at select locations, and virtual care appointments are available. For more information, visit Cigna Medical Group.
About Plaza Companies
With offices in Peoria, Scottsdale and Tucson, Plaza Companies is a full-service real estate firm specializing in the management, leasing and development of medical office and commercial office properties, technology and bioscience facilities, mixed-use properties and senior housing communities. Since 1982, Plaza Companies has established a proud track record as a competitive, connected and conscientious real estate firm with partnerships throughout the industries it serves. For more information, visit www.theplazaco.com.
About University Realty
University Realty is a subsidiary of ASU Enterprise Partners, an independent nonprofit organization dedicated to generating resources for the benefit of Arizona State University. www. asuenterprisepartners.org
About Holualoa Companies
Holualoa Companies is a real estate investment firm focused on the successful acquisition, repositioning, redevelopment and disposition of real estate assets. Headquartered in Tucson, Arizona, with offices in Phoenix, Santa Monica, Hawaii and Paris, its investments span the United States and Europe and include office, retail, industrial, multi-family, hotel and mixed-use investment properties. Holualoa is an experienced investor for its own account and on behalf of a select group of private investors.
About the City of Scottsdale
Scottsdale is one of the state’s leading job centers, with a diverse economy built on medical research, high-tech innovation, tourism and corporate headquarters. Scottsdale is home to nearly 18,000 businesses supplying over 150,000 jobs. The high-tech innovation center SkySong, located just a few miles from Downtown, is designed to help companies grow through a unique partnership with nearby Arizona State University. The Scottsdale Cure Corridor is a partnership of premier health care providers and biomedical companies seeking to advance medicine and patient care through cutting-edge research. For more information, visit ChooseScottsdale.com.