Franciscan St. Francis Health is planning to open what it describes as a “first-class medical office facility” with at least two physicians in downtown Columbus.
The offices would be located at 123 Second St., in the former Goodyear building, owned by Tipton Park Offices. The companies applied for a tax abatement that will be heard by the Columbus City Council on Tuesday, according to city records.
Under state law, the costs associated with the project are confidential, said Chris Schilling, communications and program coordinator for the city.
The tax abatement application submitted to the city estimates the facility will have two doctors, five medical assistants and an office manager, with a total projected annual salary of $587,600. The doctors will be primary care physicians, and services will be available to downtown workers, residents and visitors, according to a cover letter submitted with the tax abatement application.
Future growth could include another physician, two medical assistants and an X-ray technician, which would add about $317,000 more in annual salaries, according to the application.
Construction would include a new façade for the outside of the building and gutting and remodeling the interior of the building, according to the application.
Tipton Park and Franciscan Alliance Inc. have agreed to a 10-year lease with two five-year renewal options, according to the application.
The Goodyear building has been used since the fall of 2011 as construction offices for Buckingham Construction Corp., builders of The Cole apartments, which are just northeast of the building. The previous tenant at the location was Goodyear Columbus Tire, which closed in May 2000.
The property has an assessed value of $305,800 and Tipton Park Offices paid $6,383 in taxes last year, according to Bartholomew County property tax records.
The tax abatement, if approved, would be for 10 years. In the first year, the company would pay no property taxes on the improvements and upgrades to the building,
Schilling said. Over the length of the abatement, the taxes would gradually be phased in, with 95 percent of the taxes being paid by the 10th year.
Tipton Park Offices is owned by the Becker family, owners of Becker’s Drive-In. Bill Becker said he was bound by a confidentiality agreement and could not talk about the development.
The media relations staff at Franciscan St. Francis Health did not have information to provide on the Columbus development, including an anticipated timeline for the project.
Franciscan St. Francis Health, operating since 1914, is one of the largest health care systems in Indiana, according to the company’s website. The company’s Indianapolis hospital opened in 1995. It operates 13 hospitals in Indiana and South Chicago, said Joe Stuteville, the hospital chain’s media relations